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Pulished Date August, 2021
ID: 11992
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Asia Pacific Compression Therapy Market Research Report – Segmented By Product, Technique, Application, Distribution Channel and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: August, 2021
ID: 11992
Pages: 100

APAC Compression Therapy Market Size (2021 to 2026)

The size of the Asia-Pacific compression therapy market is expected to be growing at a promising CAGR from 2021 to 2026.

The presence of a large target group of patients in the APAC region with an increase in the frequency of sports accidents or incidents is driving the market's growth. According to the United Nations Department of Economic and Social Affairs (DESA) demographic analysis that by 2050, the number of people aged 60 and over will double to 2.2 billion. Aging brings several health problems, and venous disorders are among the most common ailments that older people suffer from. Clinical evidence suggests that supporting compression therapy for the treatment of specific diseases drives the market growth.

The market is also driven by an increase in the adoption of rehabilitative care due to the increasing prevalence of venous disorders. The other factor for market growth is the prevalence of venous disorders such as leg ulcers, deep vein thrombosis, lymphedema, varicose veins, and blood clots. The use of products, especially stockings and dressings, to treat these disorders is increasing and contributing to the market's growth. Chronic venous abnormalities are present in about 55% of the population, stated by the Department of Vascular Surgery.

Inequalities in the healthcare and financing system, growth of home care teams, and prevalence of deep vein thrombosis are some of the factors responsible for the strong growth of the global pneumatic compression therapy market. In addition, the efforts by the major market players to introduce innovative products to improve the lifestyle of the people are further contributing to the growth of the global pneumatic compression therapy market. The availability of alternative therapies, such as topical or systemic antibiotics or other pharmacological agents, surgery, and adjunct therapy are other factors that influence growth.

Certain factors such as the lack of universally accepted requirements for quality materials, poor patient adherence to compression garments, and lack of knowledge about compression therapies are hampering the market's growth.

Impact of COVID-19 on the APAC compression therapy market:

The general market collapse due to COVID-19 is also affecting the market's growth due to plant closures, supply chain obstacles, and the recession in the region. Covid- 19 has led to many vascular disorders in humans. Compression therapy devices exert pressure on the limb externally, increase the drainage of veins and lymph, thereby preventing fluid accumulation in the extravascular space. These devices are cost-effective and save time and overall use of resources in clinical settings. The devices are also easy to use in the home environment; thus, the market is expected to grow in the forecast period.

The research report on the APAC compression therapy market has been segmented and sub-segmented into the following categories.

By Product:

  • Garments
    • Stockings
    • Bandages & Wraps
    • Other Garments
  • Braces
  • Pumps

By Technique:

  • Static
  • Dynamic

By Application:

  • Varicose Vein Treatments
  • Deep Vein Thrombosis Treatments
  • Lymphedema Treatments
  • Leg Ulcer Treatments
  • Others

By Distribution Channel:

  • Pharmacies & Retailers
  • Hospitals & Clinics
  • E-Commerce Platforms

By Country:

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Geographically, the Chinese compression therapy market is expected to grow at a CAGR of 4.9% during the forecast period and is expected to be one of the fastest-growing countries in the APAC compression therapy devices market.

According to the International Diabetes Federation, India and China have the highest diabetic patients (FDI). Therefore, thepression therapy is also frequently used and is likely to provide significant opportunities to major companies during the evaluation period. In addition, the increase in sports injuries is likely to stimulate growth in the APAC region. According to the Asian Federation of Sports Medicine (AFSM), Asia suffers about 21,554 sports injuries per year. The expansion of the compression therapy market in APAC will be driven by these incidents and patient awareness, cost, and affordability.

Increased patient awareness, increased disease burden, and easy availability of addiction removal products through wide distribution channels are expected to affect the revenue growth of the APAC Compression Therapy market.

KEY MARKET PLAYERS:

Companies such as Medi GmbH & Co., Medtronic Plc, Julius Zorn GmbH, SIGVARIS, Hartmann AG, BSN Medical GmbH, ArjoHuntleigh, 3M Health Care, Spectrum Healthcare, Bio Compression Systems, Inc., and Gottfried Medical are some of the significant companies operating in the APAC compression therapy market.

  1. Introduction                                                          
    1. Market Definition                                               
    2. Scope of the report                                            
    3. Study Assumptions                                            
    4. Base Currency, Base Year and Forecast Periods                                                     
  2. Research Methodology                                                                    
    1. Analysis Design                                                   
    2. Research Phases                                                 
      1. Secondary Research                                       
      2. Primary Research                              
      3. Data Modelling                                 
      4. Expert Validation                              
    3. Study Timeline                                                    
  3. Report Overview                                                                 
    1. Executive Summary                                           
    2. Key Inferences                                                  
  4. Market Dynamics                                                                
    1. Impact Analysis                                                   
      1. Drivers                                  
      2. Restraints                              
      3. Opportunities                                    
    2. Regulatory Environment                                                  
    3. Technology Timeline & Recent Trends                                                      
  5. Competitor Benchmarking Analysis                                                             
    1. Key Player Benchmarking                                                
      1. Market share analysis                                    
      2. Products/Service                              
      3. Regional Presence                            
    2. Mergers & Acquisition Landscape                                                
    3. Joint Ventures & Collaborations                                                  
  6. Market Segmentation                                                                       
    1. Compression Therapy Market, By Product
      1. Garments
        1. Stockings
        2. Bandages & Wraps
        3. Other Garments
      2. Braces
      3. Pumps
      4. Market Size Estimations & Forecasts (2021-2026)                               
      5. Y-o-Y Growth Rate Analysis                                         
      6. Market Attractiveness Index                                       
    2. Compression Therapy Market, By Technique
      1. Static
      2. Dynamic
      3. Market Size Estimations & Forecasts (2021-2026)                               
      4. Y-o-Y Growth Rate Analysis                                         
      5. Market Attractiveness Index        
    3. Compression Therapy Market, By Application
      1. Varicose Vein Treatments
      2. Deep Vein Thrombosis Treatments
      3. Lymphedema Treatments
      4. Leg Ulcer Treatments
      5. Others
      6. Market Size Estimations & Forecasts (2021-2026)                               
      7. Y-o-Y Growth Rate Analysis                                         
      8. Market Attractiveness Index        
    4. Compression Therapy Market, By Distribution Channel
      1. Pharmacies & Retailers
      2. Hospitals & Clinics
      3. E-Commerce Platforms
      4. Market Size Estimations & Forecasts (2021-2026)                               
      5. Y-o-Y Growth Rate Analysis                                         
      6. Market Attractiveness Index        
  7. Geographical Landscape                                                                  
    1. Compression Therapy Market, by Region                                            
    2. Asia Pacific                                             
      1. By Country                                         
        1. China                  
        2. India                    
        3. Japan                  
        4. South Korea                     
        5. South East Asia                
        6. Australia & NZ                  
        7. Rest of Asia-Pacific                        
  8. Key Player Analysis                                                             
    1. Medi GmbH & Co.
      1. Business Description                                      
      2. Products/Service                              
      3. Financials                             
      4. SWOT Analysis                                  
      5. Recent Developments                                    
      6. Analyst Overview                              
    2. Medtronic Plc
    3. Julius Zorn GmbH
    4. SIGVARIS
    5. Hartmann AG
    6. BSN Medical GmbH
    7. ArjoHuntleigh
    8. 3M Health Care
    9. Spectrum Healthcare
    10. Bio Compression Systems, Inc.
    11. Gottfried Medical
  9. Market Outlook & Investment Opportunities
  10. Appendix                                               
    1. List of Tables
    2. List of Figures
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
  • Segment-level analysis in terms of product, technique, application and distribution channel along with market size forecasts and estimations to detect key areas of industry growth in detail.
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development.
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Asia Pacific Compression Therapy Market, By Product, From 2021 to 2026 (USD Billion)
  2. Asia Pacific Garments Market, By Region, From 2021 to 2026 (USD Billion)
  3. Asia Pacific Braces Market, By Region, From 2021 to 2026 (USD Billion)
  4. Asia Pacific Pumps Market, By Region, From 2021 to 2026 (USD Billion)
  5. Asia Pacific Compression Therapy Market, By Application, From 2021 to 2026 (USD Billion)
  6. Asia Pacific Varicose Vein Treatments Market, By Region, From 2021 to 2026 (USD Billion)
  7. Asia Pacific Deep Vein Thrombosis Treatments Market, By Region, From 2021 to 2026 (USD Billion)
  8. Asia Pacific Lymphedema Treatments Market, By Region, From 2021 to 2026 (USD Billion)
  9. Asia Pacific Leg Ulcer Treatments Market, By Region, From 2021 to 2026 (USD Billion)
  10. Asia Pacific Others Market, By Region, From 2021 to 2026 (USD Billion)
  11. Asia Pacific Compression Therapy Market, By Technique, From 2021 to 2026 (USD Billion)
  12. Asia Pacific Static Market, By Region, From 2021 to 2026 (USD Billion)
  13. Asia Pacific Dynamic Market, By Region, From 2021 to 2026 (USD Billion)
  14. Asia Pacific Compression Therapy Market, By Distribution Channel, From 2021 to 2026 (USD Billion)
  15. Asia Pacific Pharmacies & Retailers Market, By Region, From 2021 to 2026 (USD Billion)
  16. Asia Pacific Hospitals & Clinics Market, By Region, From 2021 to 2026 (USD Billion)
  17. Asia Pacific E-Commerce Platforms Market, By Region, From 2021 to 2026 (USD Billion)
  18. Japan Compression Therapy Market, By Product, From 2021 to 2026 (USD Billion)
  19. Japan Compression Therapy Market, By Application, From 2021 to 2026 (USD Billion)
  20. Japan Compression Therapy Market, By Technique, From 2021 to 2026 (USD Billion)
  21. Japan Compression Therapy Market, By Distribution Channel, From 2021 to 2026 (USD Billion)
  22. China Compression Therapy Market, By Product, From 2021 to 2026 (USD Billion)
  23. China Compression Therapy Market, By Application, From 2021 to 2026 (USD Billion)
  24. China Compression Therapy Market, By Technique, From 2021 to 2026 (USD Billion)
  25. China Compression Therapy Market, By Distribution Channel, From 2021 to 2026 (USD Billion)
  26. India Compression Therapy Market, By Product, From 2021 to 2026 (USD Billion)
  27. India Compression Therapy Market, By Application, From 2021 to 2026 (USD Billion)
  28. India Compression Therapy Market, By Technique, From 2021 to 2026 (USD Billion)
  29. India Compression Therapy Market, By Distribution Channel, From 2021 to 2026 (USD Billion)
  30. Australia Compression Therapy Market, By Product, From 2021 to 2026 (USD Billion)
  31. Australia Compression Therapy Market, By Application, From 2021 to 2026 (USD Billion)
  32. Australia Compression Therapy Market, By Technique, From 2021 to 2026 (USD Billion)
  33. Australia Compression Therapy Market, By Distribution Channel, From 2021 to 2026 (USD Billion)
  34. South Korea Compression Therapy Market, By Product, From 2021 to 2026 (USD Billion)
  35. South Korea Compression Therapy Market, By Application, From 2021 to 2026 (USD Billion)
  36. South Korea Compression Therapy Market, By Technique, From 2021 to 2026 (USD Billion)
  37. South Korea Compression Therapy Market, By Distribution Channel, From 2021 to 2026 (USD Billion)
  38. Asia Pacific Compression Therapy Market, By Garments, From 2021 to 2026 (USD Million)
  39. Asia Pacific Stockings Market, By Region, From 2021 to 2026 (USD Million)
  40. Asia Pacific Bandages & Wraps Market, By Region, From 2021 to 2026 (USD Million)
  41. Asia Pacific Other Garments Market, By Region, From 2021 to 2026 (USD Million)
  42. Japan Compression Therapy Market, By Garments, From 2021 to 2026 (USD Million)
  43. China Compression Therapy Market, By Garments, From 2021 to 2026 (USD Million)
  44. India Compression Therapy Market, By Garments, From 2021 to 2026 (USD Million)
  45. Australia Compression Therapy Market, By Garments, From 2021 to 2026 (USD Million)

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