Compression Therapy Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theCompression Therapy Market?
The escalation in the elderly population is a significant factor propelling the expansion of the compression therapy market. The proportion of older people in various nations globally is swiftly increasing. This population segment is typically more prone to various chronic diseases. Compression therapy is a straightforward and effective method to boost vascular support and improve blood circulation efficiency in the lower extremities. It is predominantly employed in treating aged individuals suffering from chronic venous disease. For instance, a report released by the World Health Organization (WHO) – a Swiss-based international public health entity – in October 2022, projected that by 2030, one in every six people worldwide will be aged 60 or above. Further, by the year 2050, approximately 2.1 billion individuals across the globe will be 60 years old or above. Consequently, the surging geriatric population is foreseen to propel the growth of the compression therapy market.
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#How Will the CAGR of the Compression Therapy Market Influence Its Overall Growth by 2034?
The market size of compression therapy has shown significant growth in the past years, with projections indicating it surging from $4.31 billion in 2024 to $4.68 billion in 2025, a compound annual growth rate (CAGR) of 8.7%. The previous growth is ascribed to factors such as an aging demographic, an elevated prevalence of chronic venous ailments, increasing consciousness regarding the advantages, surges in diabetes and obesity-related conditions, and an extension in the applications for compression therapy.
Anticipation is high for robust expansion in the compression therapy market in the upcoming years. By 2029, it is expected to reach a value of $6.8 billion, boasting a compound annual growth rate (CAGR) of 9.8%. This surge during the projected period can be associated with an increase in healthcare expenditure, enhanced accessibility, an aging population, the growing incidence of lymphedema and other chronic illnesses, as well as expanded usage in sports and fitness fields, and increased acceptance of compression therapy in healthcare facilities. Key trends during this period will be the creation of wearable and intelligent compression devices, the customization of compression therapy strategies, the integration of compression therapy into wound care management, a focus on patient comfort and adherence in compression therapy, and collaborations between producers and healthcare providers to boost patient outcomes.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theCompression Therapy Market?
Leading firms in the compression therapy market are introducing pioneering products such as wearable compression systems to expand their customer reach, bolster sales, and augment revenue. Wearable compression systems are medical devices engineered to provide continuous or intermittent compression therapy predominantly to the body’s limb regions. For example, in April 2022, Koya Medical Inc., an American medical technology firm, unveiled the Dayspring active compression system. The system is intended to address lymphedema and venous diseases in the lower limbs. According to Koya, it’s essential to highlight that the Dayspring system represents the first FDA-approved non-pneumatic active dynamic compression therapy of its type. The system integrates a comfortable, breathable mesh outfit using Koya’s exclusive Flexframe technology to offer controlled and customized compression, while sustaining natural mobility. Additionally, it comes with a smart, rechargeable controller with Bluetooth functionality, supported by sibling software for customizing treatments and reviewing treatment histories.
Who Are the Key Market Players Influencing the Growth of the Corn and Compression Therapy Industry?
Major companies operating in the compression therapy market include 3M Company, ArjoHuntleigh AB, Bio Compression Systems Inc., BSN Medical GmbH, Cardinal Health Inc., ConvaTec Inc., DJ Orthopedics Global Inc., Julius Zorn GmbH, medi GmbH & Co KG, Medtronic plc, Paul Hartmann AG, Sanyleg Srl, Sigvaris Management AG, Smith & Nephew plc, Tactile Systems Technology Inc., Thuasne SA, Bauerfeind AG, Essity AB, Kinetec SAS, Lympha Press International Inc., Medi USA, Optima Molliter Srl
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Which Key Market Segments Comprise the Compression Therapy Market and Drive Its Revenue Growth?
The compression therapy market covered in this report is segmented –
1) By Product: Compression Pumps, Compression Stockings, Compression Bandages, Compression Tapes
2) By Technique: Static Compression Therapy, Dynamic Compression Therapy
3) By Application: Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment, Other Applications
Subsegments:
1) By Compression Pumps: Sequential Compression Pumps, Non-sequential Compression Pumps
2) By Compression Stockings: Knee-High Stockings, Thigh-High Stockings, Waist-High Stockings
3) By Compression Bandages: Cohesive Bandages, Elastic Bandages
4) By Compression Tapes: Rigid Tapes, Elastic Tapes
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Which Regions Are Emerging as Leaders in the Compression Therapy Market?
North America was the largest region in the compression therapy market in 2024. Europe was the second-largest market in the compression therapy market. The regions covered in the compression therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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