Germany Compression Therapy Market Size & Outlook
Germany compression therapy market, 2018-2030 (US$M)
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Germany compression therapy market highlights
- The Germany compression therapy market generated a revenue of USD 242.6 million in 2023 and is expected to reach USD 292.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 2.7% from 2024 to 2030.
- In terms of segment, static compression therapy was the largest revenue generating technology in 2023.
- Dynamic Compression Therapy is the most lucrative technology segment registering the fastest growth during the forecast period.
Compression therapy market data book summary
| Market revenue in 2023 | USD 242.6 million |
| Market revenue in 2030 | USD 292.8 million |
| Growth rate | 2.7% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 6.0% of the global compression therapy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany compression therapy market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 266.4 million by 2030.
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Compression Therapy Market Scope
Compression Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 71.76% in 2023. Horizon Databook has segmented the Germany compression therapy market based on static compression therapy, dynamic compression therapy covering the revenue growth of each sub-segment from 2018 to 2030.
The study found that 22.3% of the adult working population in Germany were recommended further treatment, with compression therapy being the most frequently mentioned treatment, accounting for 17.1% of the recommendations.
This indicates a significant demand for compression therapy products and services, which is expected to increase as the prevalence of chronic venous disorders (CVD) and CVI continues to rise. The study's findings underscore the importance of continued screening programs for early detection and treatment of venous disease, which in turn supports the growth of the compression therapy market in Germany.
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Target buyers of Germany 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 country-level data and insights on the Germany compression therapy market, including forecasts for subscribers. This country databook contains high-level insights into Germany compression therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany compression therapy market size, by technology, 2018-2030 (US$M)
Germany Compression Therapy Market Share, 2023 & 2030 (US$M)
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