Compression Therapy Market | Analysis, Size, Trends | United States | 2019 – 2025 | MedCore

Compression Therapy Market | Analysis, Size, Trends | United States | 2019 – 2025 | MedCore

0

  • License: Executive Summar, Single, Site, Corporate
  • Pages: 580
  • Region: United States
  • Year: 2019
  • Scope: 2015-2025
  • Type: MedCore
  • Published Date: 01/02/2019

Industry Trends

In the static compression market, poor circulation in the extremities can lead to venous leg ulcers and other conditions that cannot heal properly. Fluid can also accumulate in the leg, a condition known as edema. These conditions can be treated by wearing compression bandages, Unna boots or graduated compression stockings. Graduated compression stockings also aid in preventing varicose veins, deep vein thrombosis (DVT) and tired, achy legs. Excessive standing and sitting can cause blood to pool in the legs. When muscles in the calf contract due to leg movement, they naturally help blood return to the heart. Compression stockings, in conjunction with the circulatory action of the calf muscles, apply pressure to the leg so that blood and fluid movement is enhanced in the lower extremities.

The price of compression stockings has been declining steadily, due to competition and an influx of foreign players and private-label products. There is little product innovation, which keeps the ASP of these products low.

In the dynamic compression market, dynamic compression therapy uses a mechanical pump to fill a wrap or sleeve with air that is fitted over the foot, calf, entire leg, arm or other body part. By squeezing the appendage, fluid and blood is pushed back to the body, increasing blood velocity and circulation, which alleviates edema and helps ulcers to heal. Dynamic compression therapy is applied for a maximum of three consecutive hours per day. Some patients require these products for the duration that an ulcer develops and then heals, but the majority of patients need these devices for the remainder of their lives.

Overall, the U.S. compression therapy market is relatively stable, with a small increase in overall growth.

The Only Medical Device Market Research With:

Unit Sales Growth Analysis
Average Selling Prices
Competitor Shares by Segment & Country
 SKU-Level Research Methods
 The Lowest Acquisition Cost

Highly Detailed Segmentation

  • Dynamic DVT Prevention Device Market
  • Mobile DVT Prevention Device Market
  • Pneumatic Compression Device Market
  • End Diastolic Pneumatic Compression Device Market
  • Graduated Compression Stocking Market
  • Anti-Embolism Stocking Market
  • Compression Bandage Market
  • Unna Boot Market

Static Compression Therapy Market

Dynamic Compression Therapy

Report Data Types Included

  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares
  • Product Portfolios
  • Related Press Releases from Top Competitors

 

Compression Therapy Market Share Insights

In the static compression therapy market, the leading competitor in the static compression therapy market is BSN-JOBST, recently acquired by Essity. BSN-JOBST products are well known, and this brand recognition allowed them to gain a strong position in the market. They were the market leader in the highly competitive graduated compression stocking market. The company also participated in the Unna boot, anti-embolism stocking and compression bandage markets. In the Unna boot segment, the company offered the Gelocast™.

The second leading competitor in the static compression therapy market is mediUSA, which can be attributed to their strength in the graduated compression stocking market.

In the dynamic therapy market, the leading competitor is Cardinal Health, who recently acquired Medtronic’s patient recovery business. Their strength can be attributed to their leading position in the dynamic DVT prevention device market. The SCD™ compression sleeves have a specific FDA indication for DVT and PE prophylaxis within the at-risk patient population, including the bariatric and morbidly obese patient. These are compatible with the Kendall SCD™ compression system, which can detect each patient’s individual vascular refill time so they get customized therapy. They also offer the A-V Impulse™ Foot Compression System.

The second-leading competitor in the dynamic compression market is ArjoHuntleigh, who offers products for both dynamic DVT prevention and pneumatic compression. However, the majority of their share is in dynamic DVT prevention, with a reduced share in the
pneumatic compression market.

The full list of companies can be seen below:

 

All Companies Analyzed in this Study

  • ArjoHuntleigh
  • Bio Compression Systems
  • Boca Cryo
  • Breg
  • Cardinal Health
  • Circulator Boot Corporation
  • CryoUSA
  • Currie Medical
  • DJO
  • Essity
  • Lympha Press
  • Maximed
  • Mego Afek AC LTD
  • Normatec
  • Tactile Medical
  • ThermoTek USA
  • Zimmer Biomet

About Our In-Depth MedCore Research

Our analysts meticulously research for up to 3 to 4 months to put together one suite of reports (MedSuite), which is a comprehensive analysis on a group of healthcare markets. A MedCore is one portion of that analysis that focuses on one market segment, and provides further detailed segmentation to get a much more granular set of market data.

This MedCore is also found in the full report suite titled Wound Care Market which contains several other extremities medical device markets.



iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.

Click Here to Read More About Our Methodology


close-link
close-link

Subscribe to MedTech Market News - Get exclusive analyst articles, monthly newsletters and iData offers

close-link
close-link
close-link