UK Compression Therapy Market Size & Outlook, 2023-2030
UK compression therapy market, 2018-2030 (US$M)
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UK compression therapy market highlights
- The UK compression therapy market generated a revenue of USD 193.3 million in 2023 and is expected to reach USD 266.4 million by 2030.
- The UK market is expected to grow at a CAGR of 4.7% 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 193.3 million |
| Market revenue in 2030 | USD 266.4 million |
| Growth rate | 4.7% (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, UK accounted for 4.8% 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 Scope
Compression Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 68.6% in 2023. Horizon Databook has segmented the UK compression therapy market based on static compression therapy, dynamic compression therapy covering the revenue growth of each sub-segment from 2018 to 2030.
The aging population in the UK, prone to venous ulcers, foot ulcers, and edema, necessitates the use of compression therapy to prevent recurrence & manage symptoms. The high incidence of DVT, affecting 1 to 2 out of every 1,000 people annually, which increases with age, underscores the importance of compression therapy in DVT management.
Compression therapy, including compression hosiery, bandaging, or other devices, plays a critical role in DVT management. The National Institute for Health and Care Excellence recommends compression therapy as a treatment for varicose veins if other treatments are not suitable, and it may be offered during pregnancy.
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Target buyers of UK 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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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 UK compression therapy market, including forecasts for subscribers. This country databook contains high-level insights into UK compression therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK compression therapy market size, by technology, 2018-2030 (US$M)
UK Compression Therapy Market Share, 2023 & 2030 (US$M)
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