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How Has the Intermittent Pneumatic Compression (IPC) Devices Market Size Changed, over the years?

In recent years, the market size for intermittent pneumatic compression (IPC) devices has seen robust growth. The market, which stands at $1.44 billion in 2024, is projected to reach $1.58 billion in 2025, yielding a compound annual growth rate (CAGR) of 9.9%. Factors contributing to this historic growth include an enhanced understanding of the disease, a rise in awareness and diagnosis, evolving health policies, collaborative clinical trial efforts, supportive patient advocacy, and physician education programs.

How Much Will the Intermittent Pneumatic Compression (IPC) Devices Market Be Worth in 2029?

Predictions indicate a robust expansion in the market size of intermittent pneumatic compression (IPC) devices over the next several years, reaching a valuation of $2.16 billion in 2029 with a compound annual growth rate (CAGR) of 8.1%. This notable rise during the forecast period is ascribed to an enlarging patient base, heightened attention on the quality of life of patients, broadening research partnerships, worldwide health endeavors, as well as improving access to healthcare. The forecasting timeframe also foresees key trends like the advent of aimed therapies, advancement of oral and injectable drugs, examination of immune alteration techniques, the launch of disease-altering agents, and the concentration on personalized medicinal methodologies.

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Which is the Largest Company in the Intermittent Pneumatic Compression (IPC) Devices Market?

Major companies operating in the intermittent pneumatic compression (ipc) devices market report are Cardinal Health Inc., 3M Company, Medtronic PLC, Stryker Corporation, Tyco International PLC, Medline Industries LP, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Getinge AB, Enovis Corporation, Arjo AB, Tactile Systems Technology Inc., ThermoTek Inc., Encompass Group LLC, Hyperice Inc., Breg Inc., Currie Medical Specialties Inc., ManaMed Inc., Bio Compression Systems Inc., Direct Healthcare Group Ltd., Devon Medical Inc., Mego Afek A.C. Ltd., BSN medical GmbH, Compression Therapy UK Limited, Air Relax Inc., Innova Medical Group Inc.

What Are the Main Market Drivers in the Intermittent Pneumatic Compression (IPC) Devices Industry?

The increasing incidence of spinal cord injuries is predicted to be a significant catalyst for the growth of the intermittent pneumatic compression (IPC) devices market. Spinal cord injuries, characterized by a loss of function that often leads to variable degrees of paralysis and sensory impairment below the injury level, necessitate the use of IPC devices, which aid in the prevention of deep vein thrombosis (DVT) by enhancing blood circulation via the sequential compression of the lower limbs. For example, the National Spinal Cord Injury Statistical Center, a US government organization, stated that around 18,000 new spinal cord injury cases are recorded per year in the US. The annual rate of such cases is estimated to be 54 per 1 million people, meaning that the surge in patients with spinal cord injuries is a key driver for the IPC devices market. Another factor that is fueling the growth of the intermittent pneumatic compression (IPC) devices market is the escalating number of accidents. Accidents, being unpredictable occurrences that often result in injury or property damage, necessitate the application of IPC devices for treating fractures and soft-tissue damages. For instance, in October 2023, the European Commission reported a 4% rise in road fatalities in the EU, amounting to 20,640 deaths, a significant increase compared to 2021. Therefore, the growth in accident rates is further stimulating the expansion of the IPC devices market.

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How Is the Intermittent Pneumatic Compression (IPC) Devices Market Segments Structured?

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

What Strategic Trends Are Transforming the Intermittent Pneumatic Compression (IPC) Devices Market?

Leading businesses in the intermittent pneumatic compression (IPC) devices market are increasingly focusing on the creation of unique devices, like wearable technology, in order to establish a competitive advantage. These wearable IPC devices aid circulation and prevent instances of deep vein thrombosis (DVT), especially during periods of extended immobility. For example, Fist Assist Devices LLC, a US medical device firm, unveiled the Fist Assist Model FA-1, a wearable, patent-protected, intermittent pneumatic compression apparatus for the arm, designed to encourage vein dilation, in March 2022. This is considered the first wearable gadget in the world for presurgical vein dilation, encouraging arteriovenous fistula (AVF). The device is automated, eliminating the necessity for manual adjustments, which simplifies usage and minimizes the likelihood of user error. It fosters vein dilation by cyclically exerting pressure on the arm, enhancing both blood flow and vein dilation.

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Which Global Regions Offer the Highest Growth in 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.

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This Report Delivers Insight On:

1. How big is the intermittent pneumatic compression (ipc) devices market, and how is it changing globally?

2. Who are the major companies in the intermittent pneumatic compression (ipc) devices market, and how are they performing?

3. What are the key opportunities and risks in the intermittent pneumatic compression (ipc) devices market right now?

4. Which products or customer segments are growing the most in the intermittent pneumatic compression (ipc) devices market?

5. What factors are helping or slowing down the growth of the intermittent pneumatic compression (ipc) devices market?

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