Compression Therapy - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2018

3/1/2012

Global Compression Therapy Market is Forecast to Exceed $2.5 Billion in 2018

The global market for compression therapy was valued at $2 billion in 2011 and is forecast to grow at a CAGR of 5% to $2.7 billion in 2018. This growth is driven by the growing incidence of venous disease due to chronic wounds, a growing elderly population, diabetes and repeated wound trauma. The increase in awareness of venous diseases and the use of compression therapy products as a preventive measure is also expected to encourage market growth. Intermittent Pneumatic Compression (IPC) pumps have proved beneficial for preventing Deep Venous Thrombosis and complications of venous stasis in patients after trauma, orthopedic surgery, neurosurgery, or who for other reasons are unable to walk. IPC use has expanded to ambulatory patients who suffer from Chronic Venous Insufficiency of the legs and subsequent edema, stasis dermatitis, ulcerations, and cellulitis.


Static Compression Therapy Market to be the Fastest Growing Segment of the Overall Compression Therapy Market
Static compression therapy was valued at $1.7 billion in 2011, indicating a CAGR of 4% from 2004 and an 89% share of the market. It is forecast to reach $2.4 billion by 2018 at a CAGR of 4%. Ready-to-wear legwear, compression bandages, diabetic shoes and anti-embolism stockings are all included under static compression therapy.

GlobalData's report "Compression Therapy - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2018" provides key data, information and analysis for the global compression therapy market. The report details the market and competitive landscapes with comprehensive information on the key trends affecting the market, and key analytical content on market dynamics. The report also reviews the competitive landscape and technology offerings.

This report will provide you with...

Key geographies covered include: the US, Canada, the UK, Germany, France, Italy, Spain, Japan, China, India, Australia and Brazil

Key segments covered include Static Compression Therapy (Ready-to-Wear Legwear, Compression Bandages, Diabetic Shoes and Anti Embolism Stockings) and Dynamic Compression Therapy (Intermittent Pumps and Segmental/Sequential Pumps)

Annualized market revenues data from 2004 to 2011 and forecast to 2018

Company shares data for 2011

Qualitative analysis of key market trends, market drivers and restraints

Information on the leading market players, competitive landscape, and leading pipeline products and technologies

Key players covered include SIGVARIS, BSN medical and Covidien.

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