Compression Therapy Market Outlook 2025 – Insights for Executive and Strategic Planning
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How Has the Compression Therapy Market Grown from 2024 to 2025?
The market for compression therapy has witnessed robust growth in the past few years. It is projected to expand from a value of $4.31 billion in 2024 to $4.68 billion in 2025, with a compound annual growth rate (CAGR) of 8.7%. The growth seen in the historic period can be traced back to factors such as an aging population, a rise in chronic venous diseases, heightened awareness of the benefits, a growing number of diabetes and obesity-related conditions, and an expansion in indications for compression therapy.
What Growth Rate Is Anticipated for the Compression Therapy Market in the Coming Years?
Predictions suggest a robust expansion in the compression therapy market size in the forthcoming years, expected to reach $6.8 billion by 2029 at a CAGR of 9.8%. This predicted growth during the forecast period can be attributed to factors such as the rise in healthcare expenditure, better access to healthcare, an increase in the elderly population, high occurrence of lymphedema and other chronic ailments, the expanded use of compression therapy in the sports and fitness industry, and a higher rate of compression therapy adoption within hospital settings. Key trends throughout this forecast period encompass the development of wearable and advanced compression devices, personalized compression therapy solutions, the combination of compression therapy with wound care management, the focus in patient comfort and adherence in compression therapy, along with collaborations between manufacturers and healthcare facilities to enhance patient results.
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Who Are the Leading Companies in the Compression Therapy Market?
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
What Are the Key Drivers of the Compression Therapy Market?
The swelling geriatric population across the globe is a significant factor driving the expansion of the compression therapy market. The ageing demographic is on the rise in numerous countries worldwide, and this group is susceptible to various chronic conditions. Compression therapy serves as an inexpensive and effective method to reinforce vein support and promote efficient blood circulation in lower body extremities. This therapy is particularly prevalent amongst the elderly suffering from chronic venous diseases. For example, the World Health Organization (WHO), a Switzerland-based institution dedicated to global public health, released a report in October 2022. This report projected that by 2030, one in six individuals globally would be aged 60 or above. By 2050, this metric is expected to rise to 2.1 billion individuals who are 60 or more. Consequently, the surge in the ageing population is predicted to drive the growth of the compression therapy market.
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What Are the Key Market Segments in the Compression Therapy Industry?
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
What Are the Latest Trends in the Compression Therapy Market?
Leading businesses in the compression therapy market are creating cutting-edge products like wearable compression systems to expand their customer range, boost sales, and escalate revenue. Wearable compression systems are medical devices engineered to offer continuous or periodic compression therapy to specific body parts, particularly the limbs. For example, Koya Medical Inc., a medical technology firm based in the US, introduced the Dayspring active compression system in April 2022. The Dayspring system is primarily designed to tackle lymphedema and venous diseases of the lower extremities. According to Koya, the Dayspring system is noteworthy for being the first FDA-approved non-pneumatic active dynamic compression treatment of its kind. This system includes a cozy, ventilated mesh garment comprising the company’s unique Flexframe technology for delivering well-regulated and personalized compression, whilst enabling free movement. Furthermore, it is equipped with an ingenious rechargeable controller with Bluetooth features, accompanied by bespoke software for customizing treatments and evaluating treatment histories.
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What Are the Key Regional Markets in the Compression Therapy Industry?
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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This Report Delivers Insight On:
1. How big is the compression therapy market, and how is it changing globally?
2. Who are the major companies in the compression therapy market, and how are they performing?
3. What are the key opportunities and risks in the compression therapy market right now?
4. Which products or customer segments are growing the most in the compression therapy market?
5. What factors are helping or slowing down the growth of the compression therapy market?
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