Market revenue in 2023 | USD 35.2 million |
Market revenue in 2030 | USD 48.0 million |
Growth rate | 4.5% (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 74.72% in 2023. Horizon Databook has segmented the Saudi Arabia compression therapy market based on static compression therapy, dynamic compression therapy covering the revenue growth of each sub-segment from 2018 to 2030.
In Saudi Arabia, the prevalence of CVI is significantly high, with 45.6% of the adult population affected, especially in the Western region. This high prevalence, higher than in Western countries, is linked to lifestyle factors and risk factors such as age, family history, prolonged standing occupation, and use of hormonal therapy.
This scenario presents a competitive market for CVI treatment products and services, emphasizing the need for innovative solutions & targeted interventions to address the prevalent risk factors.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia compression therapy market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia compression therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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