Global Compression Therapy Industry

Global Compression Therapy Industry

  • May 2020 •
  • 305 pages •
  • Report ID: 5798219 •
  • Format: PDF
The global market for Compression Therapy is projected to reach US$3.3 billion by 2025, driven by the rising incidence of venous ulcers supported by aging population and the obesity epidemic. Weak blood circulation in the limbs and malfunctioning venous valves due to leg injury/surgery; obesity; prolonged periods without movement and blood clots in veins, are chief causes of venous ulcers. If left untreated, chronic venous disorders can result in the development of dilated veins also known as "spider veins." Compression therapy represents the first line of treatment for venous ulcers and is aimed at increasing blood flow to lower limbs and extremities by simple application of gentle pressure. Few of the benefits of this therapy include muscle compression to mobilize blood flow and fight inflammation and edema; reduced muscle soreness; helps loosen up the veins; relives pain by reducing lactic acid build-up in muscles; restores valve competence; reduces venous reflux (VR); accelerates capillary flow, and lowers capillary fluid leakage. Properly designed compression products also help soften lipodermatosclerosis and improve lymphatic flow. Compression stockings, stretch wraps, bandages and socks are popular types of compression products. Growing focus shed on product design is poised to benefit demand for medical compression hosiery.

Few of the innovations in this space include development of fabrics and pre-treated microfibers which provide moisture control, antimicrobial protection, and cut resistance; and integration of special compression zones woven into the fabric to suit the body’s anatomy and biomechanics. Also poised to benefit the market is the development of medical grade compression standards which are calibrated to be 20 mmHg (millimeters of mercury) and over to encourage muscle oxygenation and prevent tissue damage, injury to skin, constriction, thrombosis, and local damage to the peroneus and peripheral nerves resulting from wrong compression pressure. The Static Stiffness Index (SSI) is becoming an important parameter for developing efficient compression products. Given the importance of compression pressure in reducing the risk of venous reflux, new studies are being conducted and scientific literatures are being published as guidelines for optimum application of pressure. The International Compression Club defines and recommends appropriate SSI to ensure proper use of applied compression therapy. Among the types of compression bandages, inelastic bandages also known as short stretch bandages is preferred over elastic bandages known as long stretch bandages for faster healing of venous ulcer. Compression strapping is also growing in popularity in the treatment of hard-to-heal and non-healing wounds. This technique enhances the outcome of compression therapy and promotes healing and involves the use of additional strips of short stretch compression bandage overlaying compression bandaging. The United States and Europe represent large markets worldwide with a combined share of 68.9% of the market. China ranks as the fastest growing market with a CAGR of 7.5% over the analysis period supported by the remarkable progress made by the country in developing its primary health-care system. Access to and affordability of healthcare services have improved significantly over the last decade. Improving access to timely therapy and growing awareness over the clinical benefits of using compression therapy is helping drive growth in the country.