Comprehensive Intermittent Pneumatic Compression (IPC) Devices Market Analysis 2024: Size, Share, And Key Trends
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What is the Expected Growth Rate of the Intermittent Pneumatic Compression (IPC) Devices Market from 2024 to 2033?
The intermittent pneumatic compression (IPC) devices market has seen significant growth, projected to increase from $1.31 billion in 2023 to $1.44 billion in 2024 at a CAGR of 10.0%. Historical growth drivers include enhanced disease awareness, improved diagnosis, evolving healthcare policies, collaborative clinical trials, supportive patient advocacy, and physician education programs.
The intermittent pneumatic compression (IPC) devices market is expected to reach $2.01 billion by 2028, growing at a compound annual growth rate (CAGR) of 8.6%. This growth is driven by an expanding patient pool, a stronger focus on patient quality of life, growing research collaborations, global health initiatives, and improved healthcare access. Key trends include the rise of targeted therapies, development of oral and injectable medications, exploration of immune modulation strategies, introduction of disease-modifying agents, and personalized medicine approaches.
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What Key Factors Are Fueling the Growth of the Intermittent Pneumatic Compression (IPC) Devices Market?
The rising number of patients with spinal cord injuries is anticipated to drive the growth of the intermittent pneumatic compression (IPC) devices market. Spinal cord injuries lead to varying degrees of paralysis and sensory impairment, and IPC devices are used to manage these injuries by preventing deep vein thrombosis (DVT) through enhanced blood circulation. In 2023, the National Spinal Cord Injury Statistical Center reported approximately 18,000 new cases of spinal cord injuries annually in the US, with an incidence rate of 54 cases per 1 million people, fueling the IPC devices market’s growth.
What Are the Major Segments of the Intermittent Pneumatic Compression (IPC) Devices Market?
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
What New Trends Are Transforming the Intermittent Pneumatic Compression (IPC) Devices Market?
Companies in the intermittent pneumatic compression (IPC) devices market are focusing on developing innovative wearable devices to improve circulation and prevent deep vein thrombosis (DVT), particularly during periods of immobility. For example, in March 2022, Fist Assist Devices LLC launched the Fist Assist Model FA-1, a wearable device for presurgical vein dilation. This device is automated, making it user-friendly and reducing the risk of user error. It promotes vein dilation by applying pressure to the arm cyclically, enhancing blood flow and vein dilation.
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Which Regions Are Driving Growth in the Intermittent Pneumatic Compression (IPC) Devices Market?
North America was the largest region in the intermittent pneumatic compression (IPC) devices market in 2023. 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.
The Intermittent Pneumatic Compression (IPC) Devices Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the intermittent pneumatic compression (ipc) devices market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Intermittent Pneumatic Compression (IPC) Devices Market Include
1. Intermittent Pneumatic Compression (IPC) Devices Market Executive Summary
2. Intermittent Pneumatic Compression (IPC) Devices Market Segments
3. Intermittent Pneumatic Compression (IPC) Devices Market Size And Template Market Growth Rate
4. Key Intermittent Pneumatic Compression (IPC) Devices Market Trends
5. Major Intermittent Pneumatic Compression (IPC) Devices Market Drivers
……
25. Key Mergers And Acquisitions In The Intermittent Pneumatic Compression (IPC) Devices Market
26. Top Intermittent Pneumatic Compression (IPC) Devices Companies
27. Intermittent Pneumatic Compression (IPC) Devices Market Opportunities And Strategies
28. Intermittent Pneumatic Compression (IPC) Devices Market, Conclusions And Recommendations
29. Appendix
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