Global Compression Therapy Market Size & Outlook
The compression therapy industry worldwide is expected to reach a projected revenue of US$ 5,339.7 million by 2030. A compound annual growth rate of 4% is expected of the worldwide compression therapy industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,066.7
Forecast, 2030 (US$M)
$5,339.7
CAGR, 2024 - 2030
4%
Report Coverage
Worldwide
Global compression therapy market, 2018-2030 (US$M)
Related Markets
Global compression therapy market highlights
- The global compression therapy market generated a revenue of USD 4,066.7 million in 2023 and is expected to reach USD 5,339.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4% by 2030.
- In terms of segment, static compression therapy accounted for a revenue of USD 2,814.4 million in 2023.
- Dynamic Compression Therapy is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,066.7 million |
| Market revenue in 2030 | USD 5,339.7 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Static compression therapy |
| Fastest growing segment | Dynamic Compression Therapy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Static Compression Therapy, Dynamic Compression Therapy |
Other key industry trends
- In terms of revenue, the North America accounted for 42.8% of the global compression therapy market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Denmark is the fastest growing regional market and is projected to reach USD 35.9 million by 2030.
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Compression Therapy Market Scope
Compression therapy market segmentation & scope
Compression bandages
Compression stockings
Compression tape
Others compression garments
Compression Pumps
Compression Sleeves
Compression Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global compression therapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to compression therapy market will help companies and investors design strategic landscapes.
static compression therapy was the largest segment with a revenue share of 69.21% in 2023. Horizon Databook has segmented the Global compression therapy market based on static compression therapy, dynamic compression therapy covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Compression Therapy Technology Outlook (Revenue, USD Million, 2018-2030)
- Static Compression Therapy
- Compression bandages
- Compression stockings
- Compression tape
- Others compression garments
- Dynamic Compression Therapy
- Compression Pumps
- Compression Sleeves
- Static Compression Therapy
- Global Compression Therapy End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Specialty Clinics
- Home Healthcare
- Physician’s Office
- Nursing Homes
- Others
- Global Compression Therapy Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Institutional Sales
- Retail Sales
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Target buyers of Global compression therapy market databook
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Our clientele includes a mix of compression therapy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global compression therapy market, including forecasts for subscribers. This global databook contains high-level insights into Global compression therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global compression therapy market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Compression therapy market size, 2023 (USD Million)
Top 10 countries: Compression therapy market size, 2023 (USD Million)
Global compression therapy market, by region, 2023 (US$M)
Related regional statistics
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