Sweden Compression Therapy Market Size & Outlook, 2023-2030

The compression therapy market in Sweden is expected to reach a projected revenue of US$ 91.0 million by 2030. A compound annual growth rate of 3.5% is expected of Sweden compression therapy market from 2024 to 2030.
Revenue, 2023 (US$M)
$71.7
Forecast, 2030 (US$M)
$91.0
CAGR, 2024 - 2030
3.5%
Report Coverage
Sweden

Sweden compression therapy market highlights

  • The Sweden compression therapy market generated a revenue of USD 71.7 million in 2023 and is expected to reach USD 91.0 million by 2030.
  • The Sweden market is expected to grow at a CAGR of 3.5% 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 2023USD 71.7 million
Market revenue in 2030USD 91.0 million
Growth rate3.5% (CAGR from 2023 to 2030)
Largest segmentStatic compression therapy
Fastest growing segmentDynamic Compression Therapy
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationStatic Compression Therapy, Dynamic Compression Therapy
Key market players worldwideCardinal 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, Sweden accounted for 1.8% 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 Companies

Name Profile # Employees HQ Website

Sweden 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 71.13% in 2023. Horizon Databook has segmented the Sweden compression therapy market based on static compression therapy, dynamic compression therapy covering the revenue growth of each sub-segment from 2018 to 2030.


Sweden's competitive scenario for the compression therapy market is shaped by several key factors, including a high incidence of Venous Thromboembolism (VTE), with DVT at 1.67 per 1,000 per year and PE at 0.8 per 1,000 per year.

A study “Venous thromboembolism 2011-2018 in Stockholm: a demographic study” highlights the importance of compression therapy in managing these conditions, contributing to the market growth. The high incidence of VTE in Sweden, along with the increasing awareness of venous diseases and advancements in medical technology, is expected to drive market growth.

In addition, the growing geriatric population is a major driving factor for the market. For instance, Statistics Sweden (SCB) predicts that the population aged 80 years and above will increase to 11 million by 2028.

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Target buyers of Sweden compression therapy market databook

  • Our clientele includes a mix of compression therapy market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 Sweden compression therapy market, including forecasts for subscribers. This country databook contains high-level insights into Sweden compression therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Sweden compression therapy market size, by technology, 2018-2030 (US$M)

Sweden Compression Therapy Market Share, 2023 & 2030 (US$M)

Sweden compression therapy market size, by technology, 2018-2030 (US$M)

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