PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1803350
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1803350
The global compression therapy market is projected to grow from USD 4,312.9 million in 2024 to USD 6,847.4 million by 2032, advancing at a compound annual growth rate (CAGR) of 6.1% from 2025 to 2032. The growth of this market is largely attributed to the increasing prevalence of blood circulation and swelling-related issues, particularly in the legs, driven by aging populations, rising rates of chronic conditions like varicose veins, diabetes, and obesity, and a growing focus on home-based healthcare solutions. Compression therapy, which includes devices such as socks, bandages, and specialized pumps, helps improve blood flow and reduce swelling, thereby benefiting patients with venous disorders, post-surgical conditions, and injuries.
With an aging global population and a higher incidence of conditions that affect blood circulation, the demand for compression therapy is expected to rise. The World Health Organization (WHO) predicts the global population aged 60 and above will reach 1.4 billion by 2030, further driving the demand for compression therapy products. The technology used in these products is becoming more advanced, providing greater comfort and ease of use, which increases their accessibility not only in medical facilities but also in homes and sports recovery centers.
Key Insights
Compression Garments account for the largest market share of 75% in 2024, owing to their widespread use for managing conditions such as varicose veins, swelling, and tired legs. These garments are affordable, easy to use, and do not require specialized equipment, making them the first choice for most patients seeking basic treatment or prevention.
Compression Pumps are the fastest-growing segment due to their effectiveness in treating severe conditions such as lymphedema and deep vein thrombosis (DVT). These pumps, which provide intermittent pressure for targeted compression, are user-friendly and can be used in home settings, reducing the need for frequent clinic visits. Their ability to help manage complex conditions more efficiently is driving their growing adoption.
Static Compression Therapy, accounting for 70% of the market share in 2024, remains the most commonly used technique due to its simplicity and cost-effectiveness. Devices such as compression stockings and sleeves are widely used by patients for ongoing, regular therapy.
Dynamic Compression Therapy is expected to grow at the highest CAGR (approximately 6.5%) due to its ability to offer more precise and adjustable pressure. Dynamic systems, such as pneumatic compression devices, are especially beneficial for patients with advanced conditions and are increasingly used for post-surgical recovery and in lymphedema treatment.
Varicose Veins is the largest application, holding 40% of the market share in 2024. With a significant proportion of the adult population suffering from varicose veins, compression therapy is essential for alleviating pain, reducing swelling, and preventing further complications. The widespread adoption of compression garments for varicose veins is contributing to this segment's dominance.
The Lymphedema segment, which includes swelling caused by lymphatic system issues, is the fastest-growing application. The condition, often caused by cancer treatments, requires long-term management, and as there are few treatment options other than compression therapy, its adoption is increasing rapidly.
North America holds the largest market share of 45% in 2024, driven by high rates of chronic venous diseases, a large aging population, and advanced healthcare infrastructure. In the U.S., the high prevalence of venous disorders and the availability of insurance coverage for compression therapy make these treatments more accessible to a large portion of the population.
The Asia-Pacific (APAC) region is expected to grow at the highest CAGR during the forecast period, driven by rapid industrialization, expanding healthcare infrastructure, and increasing access to healthcare products. In countries like China and India, the adoption of compression therapy is rising due to the growing awareness of venous disorders and increasing government investments in healthcare.