Air pressure therapy or compression therapy utilizes the application of graduated pressure applied to different parts of the body to promote blood circulation and treat chronic conditions such as varicose veins, deep vein thrombosis (DVT), lymphedema, and chronic venous insufficiency. Compression garments and devices such as socks, sleeves, and pumps are commonly used to provide controlled pressure. The global air pressure therapy market offers a wide variety of medical-grade compression wear and pneumatic compression devices to aid patient recovery and manage symptoms.

The global air pressure therapy market is estimated to be valued at US$ 4.4 Bn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

Increasing prevalence of chronic diseases is driving the growth of the global air pressure therapy market. As per statistical reports, chronic diseases affect around 80% of older adults in the United States. Some key chronic conditions managed using air pressure therapy include varicose veins affecting around 30% of adults worldwide, lymphedema affecting 20-40% of breast cancer patients, and deep vein thrombosis (DVT) occurring in 50% of hospitalized patients who are confined to bed.

The increasing prevalence of these chronic diseases is prompting more patients to adopt air pressure therapy devices and garments to manage symptoms effectively. Furthermore, growing awareness regarding the advantages of compression therapy in preventing disease progression and recurrence is also fueling the market growth.

SWOT Analysis
Strength: Air pressure therapy helps in improving blood circulation and reduces pain and swelling. It acts as an affordable treatment option at home and is portable which makes therapy accessible anytime anywhere. It helps in improving physical capabilities of athletes through better blood flow and healing.
Weakness: Elderly population and patients suffering from severe medical conditions may find it difficult to self-administer air pressure therapy. It also requires regular sessions for effective results which can be inconvenient.
Opportunity: Increasing incidence of orthopedic diseases, diabetes related wounds and other chronic conditions is driving demand for effective treatment options. Growing geriatric population prone to such issues will boost market growth. Further innovations to make products more user friendly will support market expansion.
Threats: Alternative wound healing therapies and orthopedic treatments may reduce reliance and adoption of air pressure devices. Poor compliance during therapy can diminish results and lower customer satisfaction over time. Stringent regulatory environment for medical devices also poses challenges.

Key Takeaways

The Global Air Pressure Therapy Market Share  expected to witness high over the forecast period of 2023 to 2030. The global air pressure therapy market is estimated to be valued at US$ 4.4 Bn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030.

Regional analysis

North America currently dominates the global market and is expected to maintain its dominance over the forecast period as well. This can be attributed to growing healthcare expenditure, rising incidences of orthopedic diseases and adoption of advanced treatment solutions in the region. The Asia Pacific region is expected to witness fastest growth owing to increasing medical tourism, rising income levels and greater emphasis on effective chronic disease management.

Key players

Key players operating in the Air Pressure Therapy market include Heat and Control, Inc., J.R. Simplot Company, The 3M Company, Kiremko B.V., and KRONEN GmbH. These companies are focusing on new product launches, partnerships and geographic expansion strategies to strengthen their market presence. Innovation in product features to improve user experience is also a major focus area.

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