Dynamic Compression Therapy Market | United States | 2018-2024 | MedCore

Dynamic Compression Therapy Market | United States | 2018-2024 | MedCore

0

  • Year: 2019
  • Scope: 2015-2025
  • Region: United States
  • Pages: 540
  • Type: MedCore

The largest segment in 2018 was the dynamic DVT prevention device market. These products are typically found in the acute care setting and are used for preventing DVT and pulmonary embolism (PE). Both of these conditions were added to hospitals’ acquired-conditions list. Conditions on this list will not be reimbursed by the Centers for Medicare and Medicaid Services (CMS) if “reasonable care” has not been taken. The DVT prevention market is directly related to the number of garments sold, as the majority of the pumps are provided to hospitals on a consignment basis. Although this market will grow over the forecast period, it is expected to do so at the lowest CAGR of all the dynamic compression therapy market segments, and its share of the total market value is expected to decline slightly.

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.

Segments Covered in This Market

  • Dynamic DVT Prevention Device Market
  • Mobile DVT Prevention Device Market
  • Pneumatic Compression Device Market
  • End Diastolic Pneumatic Compression Device Market

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

Companies Analyzed

Of the many companies in the United States Dynamic Compression Therapy market, Cardinal Health was the leader, followed by ArjoHuntleigh and Bio Compression Systems. Cardinal Health is a major player in numerous markets covered under wound care therapy, which will allow them to maintain market share over the forecast period. ArjoHuntleigh was formed in 2007 through the merger of ARJO and Huntleigh Technology. Bio Compression Systems have been in the industry for over 25 years and are known for having the longest product warranties in the industry.

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 United States Market Report Suite for Wound and Tissue Management – MedSuite

Learn More about these product types



The "Dynamic Compression Therapy Market " includes analysis on the following companies currently active in this market: Cardinal Health ArjoHuntleigh Bio Compression Systems Lympha Press *Not all companies may be currently active in every segment. For more details contact an iData Research Product Advisor.




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

Not Exactly What You Need?
close-link
close-link
close-link

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

close-link
close-link
close-link