Air Pressure Therapy Is Fastest Growing Segment Fueling The Growth Of Air Pressure Therapy Market
Air Pressure Therapy Market |
Market Overview:
Air pressure therapy utilizes pneumatic compression for treating lymphedema, deep vein thrombosis, and chronic venous insufficiency. It uses compression cuffs and pumps to apply intermittent pressure to the affected area to restore blood flow and lymphatic drainage.
Market key trends:
One of the key trends in the air pressure therapy market is the introduction of wearable devices for home care therapy. Devices such as sleeves and wraps can be easily worn throughout the day without restricting mobility. This allows for long-term therapy and management of chronic conditions from the comfort of home. Manufacturers are focused on developing lightweight, compact and wireless devices that patients can wear discreetly under regular clothes without interrupting daily activities. The increasing shift towards home healthcare is expected to drive the demand for convenient wearable compression devices over the forecast period."
Segment Analysis
The global air pressure therapy market is dominated by the compression pumps and wraps sub segment. These products offer easy application and help control swelling and chronic pain. The growing prevalence of chronic conditions like lymphedema, deep vein thrombosis, and arthritis is driving the adoption of air pressure therapy products like compression pumps and wraps.
The global Air Pressure Therapy Market Growth 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.
Key Takeaways
The global air pressure therapy market is expected to witness high growth, exhibiting a CAGR of 6.3% over the forecast period, due to increasing incidence of chronic diseases like lymphedema and deep vein thrombosis.
Regional analysis: North America dominates the global market currently due to rising healthcare expenditure and presence of major players in the region. Asia Pacific is expected to register the fastest growth over the forecast period supported by growing geriatric population, increasing healthcare awareness, and improving healthcare infrastructure in emerging economies.
Key players: Key players operating in the air pressure therapy market include DJO Global, Inc., BSN medical (now part of Essity), Smith & Nephew plc, medi GmbH & Co. KG, SIGVARIS Group, Bio Compression Systems, Inc., Tactile Medical, RIKEN SEIKI CO., LTD., Paul Hartmann AG, 3M Company, Gottfried Medical, Inc., Mego Afek AC Ltd., Abov Semiconductor, Persys Medical, BTL Industries, Human Meditek Co., Ltd., Huntleigh Healthcare Limited (part of Arjo), KCI Licensing, Inc., Beijing Huibo Medical Device Co., Ltd., Bioinicia S.L. DJO Global and Smith & Nephew are currently dominating the global market owing to their wide distribution network and innovative product portfolio. Read More: https://www.dailyprbulletin.com/the-growth-of-the-air-pressure-therapy-market-size-and-share-analysis/
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