SAN FRANCISCO, August 27, 2015 /PRNewswire/ --
The global compression therapy market size is expected to reach USD 3.96 billion by 2022, according to a new report by Grand View Research Inc. Increasing prevalence of chronic venous disorders such as deep vein thrombosis, leg ulcers, lymphedema and venous insufficiency is expected to serve as the key driver.
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Growing sports and adventure related injuries are also expected to boost market growth over the forecast period. In Addition, the increasing incidence of diabetes is also likely to support the market demand as diabetic patients usually suffer from swelling in legs, ankles and feet.
Browse full research report with TOC on "Compression Therapy Market Analysis By Technology (Static Compression, Dynamic Compression Therapy), By Product (Compression Pumps, Stockings, Bandages, Tape) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/compression-therapy-market
Rising geriatric population base is identified as a driver for the compression therapy market owing to the high susceptibility of this age group towards developing chronic venous disorders. Additionally, advancements like use of mobile intermittent pumps and inelastic boots is likely to lead to better compliance and efficacy in patients thereby, leading to greater usage of this therapy.
Further key findings from the report suggest:
Grand View Research has segmented the global compression therapy market on the basis of technology, product and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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