U.S. Compression Therapy Market Size & Outlook, 2023-2030
U.S. compression therapy market, 2018-2030 (US$M)
Related Markets
U.S. compression therapy market highlights
- The U.S. compression therapy market generated a revenue of USD 1,525.7 million in 2023 and is expected to reach USD 1,873.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3% 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 1,525.7 million |
| Market revenue in 2030 | USD 1,873.9 million |
| Growth rate | 3% (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, U.S. accounted for 37.5% 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 North America, U.S. compression therapy market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 287.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Compression Therapy Market Scope
Compression Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 66.19% in 2023. Horizon Databook has segmented the U.S. compression therapy market based on static compression therapy, dynamic compression therapy covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. population's aging demographic is leading to an increased prevalence of conditions such as Peripheral Artery Disease (PAD), a common indication for compression therapy. According to a research article published by Vascular Disease Management in April 2023, the U.S. population's PAD prevalence has increased from 11.3 million in 1995 to an estimated 26 million in 2020.
This increase can be attributed to an aging population, and the number is projected to reach 23.8 million by 2030 due to the aging population. Furthermore, growing awareness about the benefits of compression therapy in managing various conditions, including PAD, Deep Vein Thrombosis (DVT), and post-thrombotic syndrome, is driven by research, clinical trials, and patient testimonials.
Moreover, policies such as the Medicare Access and CHIP Reauthorization Act (MACRA) have encouraged the use of compression therapy by providing incentives for its use in managing PAD.
Reasons to subscribe to U.S. compression therapy market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. 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.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. compression therapy market, including forecasts for subscribers. This country databook contains high-level insights into U.S. compression therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. compression therapy market size, by technology, 2018-2030 (US$M)
U.S. Compression Therapy Market Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
