According to the new market research report "Compression Therapy Market by Technique (Static, Dynamic), Product (Garments (Stockings, Bandages, Wraps), Ortho Braces, Pump), Application (Varicose Vein, DVT, Lymphedema, Leg Ulcer), Distribution (Clinics, Pharmacies, E-Comm) - Global Forecasts to 2026", published by MarketsandMarkets™, the market is expected to grow from an estimated USD 3.0 billion in 2021 to USD 3.9 billion by 2026, at a CAGR of 5.2%.
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The large patient population suffering from deep vein thrombosis, varicose veins, and lymphedema; increasing incidence of sports injuries and accidents; and the availability of clinical evidence supporting the use of compression therapy in the management of different diseases are the major factors driving the growth of the global market.
Compression garments segment is estimated to account for the largest share of the compression therapy market, by product, in 2021
Based on product, the market is segmented into compression garments, compression braces, and compression pumps. The compression garments segment is estimated to account for the largest share of this market in 2021, primarily due to the use of compression garments in a wide range of indications, such as varicose veins, edema, DVT, and lymphedema.
Dynamic compression therapy segment to witness the highest growth in the market, by technique
On the basis of technique, the compression therapy market is segmented into static and dynamic compression therapy. The dynamic compression therapy segment is estimated to grow at the highest CAGR during the forecast period, primarily due to the rising number of hip replacement surgeries globally and the favorable clinical evidence related to the use of IPC devices in various treatments.
Also, sensor-embedded or smart apparels are expected to be a major disruption in the compression garments market owing to underlying factors such as real-time patient monitoring for critical conditions (such as pulse rate, temperature, blood pressure, etc.) that offers early disease diagnosis.