Interconnect And Passive Components Market Forecast 2025–2034: Trends Reshaping Demand, Investment, and Innovation
Discover trends, market shifts, and competitive outlooks for the intermittent pneumatic compression (ipc) devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
What Is the Estimated Market Size of the Intermittent Pneumatic Compression (IPC) Devices Market In 2029?
In recent times, there has been a substantial increase in the size of the intermittent pneumatic compression (IPC) devices market. The market is projected to expand from $1.44 billion in 2024 to $1.58 billion in 2025, with a compound annual growth rate (CAGR) of 9.9%. Several factors have contributed to the growth during the historic period, including enhanced comprehension of diseases, a rise in awareness and diagnosis, modifications in healthcare policies, collaboration in clinical trials, supportive initiatives for patient advocacy, and physician education programs.
The market for intermittent pneumatic compression (IPC) devices is anticipated to experience considerable growth in the upcoming years. The market is projected to increase to $2.16 billion by 2029 with a compound annual growth rate (CAGR) of 8.1%. Factors contributing to the growth during this predicted period include an expanding patient base, enhanced attention to patient quality of life, growing research partnerships, worldwide health strategies and improved healthcare access. The market trends forecast for this period include the introduction of targeted therapies, the discovery of oral and injectable drugs, research on immune modulation strategies, the launch of disease-altering agents, and a focus on personalized medicine approaches.
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What Are the Primary Drivers Supporting the Market Growth of the Intermittent Pneumatic Compression (IPC) Devices Market?
The increment of patients dealing with spinal cord injuries is foreseen to impel the intermittent pneumatic compression (IPC) devices market’s growth. Spinal cord injuries involve harm to the spine resulting in functional loss, commonly leading to varied degrees of paralysis and sensory impairment beneath the injury level. IPC devices are utilized for spinal cord injury management to impede deep vein thrombosis (DVT) by boosting blood flow through the sequential compression of lower limbs. For example, the National Spinal Cord Injury Statistical Center, a US-based government entity, reported approximately 18,000 new instances of spinal cord problems each year in the U.S by 2023. The annual occurrence of spinal cord injuries is nearly 54 cases per 1 million inhabitants. Hence, the escalating number of patients enduring spinal cord injuries is stimulating the growth of the intermittent pneumatic compression (IPC) devices market. Surge in the number of accidents is another factor anticipated to impel the intermittent pneumatic compression (IPC) devices market’s progression. Accidents refer to unexpected occurrences causing harm or damage due to unintended situations. IPC is utilized in handling bone fractures and soft-tissue damage originating from accidents. For instance, in October 2023, according to the European Commission, an agency based in Europe, there was a 4% increase in EU road fatalities, amounting to 20,640 casualties last year compared to 2021. Thus, the growing number of accidents is fueling the growth of the intermittent pneumatic compression (IPC) devices market.
Which Primary Segments of the Intermittent Pneumatic Compression (IPC) Devices Market Are Driving Growth and Industry Transformations?
The intermittent pneumatic compression (IPC) devices market covered in this report is segmented –
1) By Type: Deep Vein Thrombosis (DVT), Pulmonary Embolism (PE)
2) By Distribution Channel: Clinics, Pharmacies, Online Channels, Other Offline Channels
3) By Application: Home Use, Hospital
Subsegments:
1) By Deep Vein Thrombosis (DVT): Portable DVT Compression Devices, Non-Portable (Stationary) DVT Compression Devices, Sequential Compression Devices for DVT
2) By Pulmonary Embolism (PE): Portable PE Compression Devices, Non-Portable (Stationary) PE Compression Devices, Sequential Compression Devices for PE
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Which Regions Are Key Players in the Growth of the Intermittent Pneumatic Compression (IPC) Devices Market?
North America was the largest region in the intermittent pneumatic compression (IPC) devices market in 2024. The regions covered in the intermittent pneumatic compression (ipc) devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Are the Most Significant Market Trends in the Intermittent Pneumatic Compression (IPC) Devices Market?
Leading corporations within the intermittent pneumatic compression (IPC) devices industry are prioritising the creation of innovative products, such as wearable devices, in order to stand out in the marketplace. Mobile intermittent pneumatic compression devices enhance blood flow and avert deep vein thrombosis (DVT), particularly during extended periods of inactivity. For example, Fist Assist Devices LLC, an American medical gadget company, unveiled their Fist Assist Model FA-1 in March 2022. This device, a wearable, patent-protected, intermittent pneumatic compression device, is designed to be worn on the arm to stimulate vein dilation. Billed as the globe’s initial wearable device for presurgical vein dilation, it fosters arteriovenous fistula (AVF). The appliance is automated, removing the requirement for manual alterations, increasing user approachability, and minimising the possibility of user mistakes. The device furthers vein dilation by cyclically applying pressure to the arm, augmenting blood circulation and vein expansion.
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What Parameters Are Used to Define the Intermittent Pneumatic Compression (IPC) Devices Market?
Intermittent pneumatic compression (IPC) devices are inflatable sleeves designed to prevent blood clots by applying external pressure to the legs using compressed air and a pump. They consist of cuffs that periodically inflate and deflate, promoting blood flow by compressing and releasing the affected area. It is commonly used to improve limb circulation, prevent deep vein thrombosis (DVT), and manage conditions such as lymphedema.
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