Home Sequential Compression Devices Market Growth Forecast: Exploring Trends and Opportunities for the Next Decade
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How has the Home Sequential Compression Devices market grown in recent years?
The market size for sequential compression devices at-home usage has seen robust growth in the recent past. The market is projected to expand from $1.09 billion in 2024 to $1.18 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. This growth during the historical period is linked to an increase in diabetes cases, a growing older population, escalation in healthcare expenses, post-surgery recuperation, and a tilt towards home healthcare.
How is the home sequential compression devices market size expected to evolve during the forecast period?
The market for home sequential compression devices is expected to experience robust growth in the coming years. It’s anticipated to expand to a value of $1.58 billion by 2029, with a compound annual growth rate (CAGR) of 7.6%. This growth during the prediction period can be traced back to increased global health consciousness, government activities and regulations, widening of distribution methods, patient inclination towards non-invasive procedures, and the aging demographic. The forecast period is also expected to witness significant trends like technological progress, the rise of telemedicine, customized healthcare solutions, the trend of remote working and integration with smart devices.
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Which key drivers are propelling the home sequential compression devices market’s growth?
Diabetes is on the rise, which is predicted to boost the growth of the home sequential compression device market. This chronic metabolic disorder is typified by heightened blood sugar levels caused by the body’s inability to produce sufficient insulin or use it effectively. Factors like unhealthy eating habits, a sedentary lifestyle, an aging demographic, stress, and mental health are contributing to a spike in diabetes rates. Home sequential compression devices are useful for handling complications related to diabetes. They aid in circulation, diminish the chance of ulcers and infections, and improve the overall health of limbs. They can be used regularly at home, eliminating the need for frequent healthcare visits. For example, in July 2024, the Switzerland-based World Health Organization predicted that by 2045, one in ten Europeans could be diagnosed with diabetes. As such, the growing diabetes rates are fueling the home sequential compression device market’s expansion. The prevalence of obesity is expected to increase, thus stimulating the home sequential compression devices market’s growth. Obesity, the medical issue defined by excess body fat accumulation that jeopardizes health, is on the rise. These devices help handle obesity by enhancing circulation and mitigating the risk of venous thromboembolism in those with limited mobility or inactive lifestyles. They facilitate better blood flow, reduce swelling, and potentially improve metabolic functions, assisting with weight management. According to 2022 data from the Centers for Disease Control and Prevention, a US government agency, adult obesity prevalence has risen from 35% in 19 states in 2021 to 22 states, fueling the growth of the home sequential compression devices market.
What are the market segments in the home sequential compression devices industry?
The home sequential compression devices market covered in this report is segmented –
1) By Type: Standard, Portable
2) By Device Type: Simultaneous Sequential Compression Device (SSCD), Alternate Sequential Compression Device (ASCD)
3) By Application: Deep Vein Thrombosis (DVT), Lymphedema Management, Chronic Venous Insufficiency (CVI), Other Applications
Subsegments:
1) By Standard: Non-Portable Models, Tabletop Models, Clinical-Grade Devices
2) By Portable: Battery-Operated Models, Wearable Models, Rechargeable Portable Devices
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Which leading companies are shaping the growth of the home sequential compression devices market?
Major companies operating in the home sequential compression devices market are Cardinal Health Inc., Medtronic plc, Essity Health & Medical, DJO LLC, Arjo Medical Devices, BTL Corporate, Tactile Medical, Amoena Medical, Performance Health Supply Inc., Sigvaris Group, Huntleigh Healthcare Limited, Breg Inc., NormaTec, Abigo Medical AB, Medcom Group, BIOCOMPRESSION SYSTEMS, Precision Medical Products, Devon Medical Inc., AIROS Medical Inc., Mego Afek ltd., Remark Medical Services
What key trends are currently impacting the home sequential compression devices market’s development?
Leading firms in the home sequential compression devices market are concentrating on innovating advanced products, such as sequential compression devices and pants-like compression garments, to secure a competitive advantage. A sequential compression device (SCD) is a technique used to prevent deep vein thrombosis (DVT) by enhancing blood flow in the legs. Compression garments are lower body attire suitable for individuals with lymphedema to treat the lower legs, back, abdomen, pelvic, and hip areas. For example, in September 2023, AIROS Medical Inc., a medical equipment manufacturer based in the US, introduced AIROS 6P and compression pants. This device, which operates between 100-240 VAC, can be utilized globally. It provides treatment opportunities for lymphedema patients needing new, larger garments. The lower truncal pants garments target additional swelling areas in the legs and abdomen.
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Which geographic areas are influencing the growth of the home sequential compression devices market?
North America was the largest region in the home sequential compression devices market in 2024. The regions covered in the home sequential compression devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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