Market revenue in 2023 | USD 208.3 million |
Market revenue in 2030 | USD 271.7 million |
Growth rate | 3.9% (CAGR from 2023 to 2030) |
Largest segment | Static compression therapy |
Fastest growing segment | Dynamic Compression Therapy |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Static Compression Therapy, Dynamic Compression Therapy |
Key market players worldwide | Cardinal Health Inc, Hartmann Holdings, Svenska Cellulosa AB ADR, ArjoHuntleigh, 3M Co, Spectrum Healthcare Resources, Bio Compression Systems, Stryker Corp, Ohio Valley Banc Corporation, Tactile Medical, Essity, Juzo, Harbor Health Care ETF, Sigvaris |
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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 70.33% in 2023. Horizon Databook has segmented the France compression therapy market based on static compression therapy, dynamic compression therapy covering the revenue growth of each sub-segment from 2018 to 2030.
The France compression therapy market is poised for significant growth, driven by a demographic shift and the increasing prevalence of CVDs. As of January 1, 2021, France's population over the age of 60 stands at 18 million, accounting for 26% of the total population.
This figure is projected to rise to 20 million by 2030 and 24 million by 2060, with one in three inhabitants expected to be aged 60 or more, a marked increase from one in five in 2005. This demographic shift underscores the growing need for effective treatments for venous diseases, such as varicose veins, foot ulcers, and DVT, which are prevalent among the elderly population.
The DIAGRAVES study, published in October 2018, aimed to evaluate the distribution of the diameter of the great saphenous vein (GSV) at the mid-thigh level and its association with clinical class, symptoms, and proximal extent of reflux.
Horizon Databook provides a detailed overview of country-level data and insights on the France compression therapy market, including forecasts for subscribers. This country databook contains high-level insights into France compression therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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