Pneumatic Compression Therapy Market 2022
Healthcare therapies are bound to witness renaissance in the years to come with technologies like Artificial Intelligence making inroads. “Augmented Intelligence” is the key concept used to serve assistive purposes. However, this certainly does not mean that it would replace clinicians. It would, instead, mean that it would improvise on the efforts of clinicians. Personalized healthcare is slated to be another important aspect of healthcare therapies in the forecast period. This would be the scene with healthcare therapies market in the near future.
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The global pneumatic compression therapy market is expected to witness robust growth during the forecast period. This growth is expected to be primarily driven by increasing adoption of pneumatic compression sleeves and pumps and a growing awareness of pneumatic compression therapy in developing economies. A new report published by Persistence Market Research titled “Pneumatic Compression Therapy Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)” studies the overall performance of the global pneumatic compression therapy market for an eight year forecast period 2017 to 2025.
The North America regional market is estimated to lead in terms of revenue generation for pneumatic compression therapy during the forecast period. Increasing patient awareness, rising disease burden and easy availability of de-addiction products through broad distribution channels are some of the factors that are expected to impact revenue growth of the global pneumatic compression therapy market. The next few years are likely to witness an increasing adoption of pneumatic compression therapy across the globe.
Company Profiles:
- Medtronic
- Tactile Medical
- ArjoHuntleigh (Getinge AB)
- Mego Afek Ltd.
- Medline Industries, Inc.
- DJO Global, Inc.
- Bio Compression Systems, Inc.
- Talley Group Limited
- XIAMEN SENYANG CO., LTD
- Devon Medical Products
- EUREDUC
- Bösl medical technology
- Others.
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Factors Fueling Growth of the Global Pneumatic Compression Therapy Market
- High prevalence of varicose vein disease across the globe is one of the important factors that is boosting the growth of the global pneumatic compression therapy market
- Increased reimbursement support for pneumatic compression therapy creates positive impact on the development of the global pneumatic compression therapy market
- Inequalities in the health and financing system, growth of home care equipment and prevalence of Deep Vein Thrombosis are some of the factors that are responsible for the robust growth of the global pneumatic compression therapy market
- Efforts taken by the key players in the market to introduce innovative products to improve the lifestyle of the population further contribute to the growth of the global pneumatic compression therapy market
- Availability of alternate therapies such as topical or systemic antibiotics or other pharmacologic agents, surgery and adjunctive therapy are other growth influencers
Global Pneumatic Compression Therapy Market: Segmentation and Market Attractiveness Analysis
The global pneumatic compression therapy market has been segmented on the basis of product type into Pneumatic Compression Sleeves, Segmented Pneumatic Compression Pumps (Programmable Pneumatic Compression Pumps, Non-Programmable Pneumatic Compression Pumps), and Non-Segmented Pneumatic Compression Pumps.
Pneumatic Compression Sleeve product type segment is expected to be the most lucrative among all product type segments in the global pneumatic compression therapy market, with an attractiveness index of 1.8. Segmented Pneumatic Compression Pumps product type segment is expected to be the least attractive product type segment in the global pneumatic compression therapy market, with a market attractiveness index of 0.9.
The global pneumatic compression therapy market has been segmented on the basis of distribution channel into Hospitals, Clinics, and E-Commerce. Hospitals is expected to be the most lucrative segment among all distribution channels, with an attractiveness index of 1.4. Clinics is expected to be the second largest distribution channel for pneumatic compression therapy, with a market attractiveness index of 1.0.
The global pneumatic compression therapy market has been studied across the five key regions of North America, Latin America, APAC, Europe, and Middle East & Africa. North America is expected to be valued US$ 457.3 by the end of 2025, with a CAGR of 6.7% and a market attractiveness index of 3.4, while Europe is expected to be the second largest region in the global pneumatic compression therapy market, with a market attractiveness index of 0.9.
Key geographies evaluated in this report are:
North America – U.S, Canada
Europe – France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC – China, India, Japan, Australia, Others
Latin America – Argentina, Brazil, Others
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Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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