The International Compression Therapy Market is Forecast to Exceed $2.5 Billion in 2018
The global market for compression therapy was valued at $2 billion in 2011 and is forecast to grow at a Compound Annual Progress Rate (CAGR) of 5% to $2.7 billion in 2018, driven by the growing incidence of venous disease due to chronic wounds, a rising elderly population, diabetes and repeated wound trauma. The rise in awareness of venous illnesses, aided by campaigns from varied venous disease boards, societies and academic materials, and using compression remedy products as a preventive measure is also expected to encourage market growth. Intermittent Pneumatic Compression
(IPC) pumps have additionally proved helpful for stopping Deep Venous Thrombosis (DVT) and issues of venous stasis in sufferers after trauma, orthopedic surgical procedure, neurosurgery, or who for different reasons are unable to walk. IPC use has expanded to ambulatory sufferers that suffer from Continual
Venous Insufficiency (CVI) of the legs and subsequent edema, stasis dermatitis, ulcerations, and cellulitis.
Sigvaris leads the worldwide compression remedy market with a share of 11% in 2011 and income of $206.5m. Its product portfolio includes medical compression clothes, such as hosiery and socks used to deal with people suffering from numerous forms of venous disease and lymphatic disorders. Sigvaris’ dominance is likely to be as a consequence of its presence in quite a few geographic places and its vast distribution network, as well as its therapeutically useful, simple-to-apply and aesthetically pleasing compression hosiery products
Continual wounds are wounds that remain in the inflammatory stage for a significant period of time as a result of a breakdown within the production of collagen. They will trigger severe emotional and bodily distress and place a major financial burden on patients and the healthcare system. They are caused by diabetes, vascular diseases, infection, immobility, trauma, surgical procedure, burns and radiation injury.
There are three principal sorts of continual wounds: diabetic ulcers, venous ulcers and stress ulcers.
Diabetes is a number one cause of chronic, non-healing wounds, causing circumstances equivalent to foot ulcers, which might additional result in wound infections and progressive tissue loss, resulting in amputation, morbidity, and/or death. A preventive measure that may be taken in opposition to diabetic ulcers of the foot is using diabetic shoes.
Obesity affects millions of adults and is immediately linked to numerous life-threatening diseases. Current outcomes of the Nationwide Health and Vitamin Examination Survey (NHANES) indicate that an estimated 65% of US adults are either chubby or obese, outlined as having a Physique Mass Index (BMI) of 25 or more. Overweight patients have a significantly higher frequency of Pulmonary Embolism (PE) as a right away reason behind loss of life in comparison with non-obese patients. Studies have additionally proven that PE is the main reason for dying following gastric bypass surgical procedures.
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DVT and venous ulcers are most commonly associated with growing old, which is a key factor responsible for the rising number of patients prone to blood clotting, ulcers and swelling. In response to a examine published by the American Heart Association (AHA) in October 2010, ageing results in an increase in venous valve thickness and thus contributes to a decline in valve operate, inflicting DVT. With growing older, people additionally turn out to be much less lively and their cardiopulmonary system slows down.
GlobalData’s new report, “Compression Therapy - Global Pipeline Evaluation, Competitive Panorama and Market Forecasts to 2018†provides key data, data and analysis for the worldwide compression remedy market. The report particulars the market and aggressive landscapes with comprehensive info on the important thing tendencies affecting the market, and key analytical content material on market dynamics. The report also opinions the aggressive panorama and know-how offerings.
For further particulars, please click or add the beneath hyperlink to your browser:
http://www.globalmarketsdirect.com/Report.aspx?ID=Compression-Therapy-International-Pipeline-Analysis-Aggressive-Panorama-and-Market-Forecasts-to-2018&ReportType=Industry_Report&coreindustry=ALL&Title=Medical_Devices&companyID=goart
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The global market for compression therapy was valued at $2 billion in 2011 and is forecast to grow at a Compound Annual Progress Rate (CAGR) of 5% to $2.7 billion in 2018, driven by the growing incidence of venous disease due to chronic wounds, a rising elderly population, diabetes and repeated wound trauma. The rise in awareness of venous illnesses, aided by campaigns from varied venous disease boards, societies and academic materials, and using compression remedy products as a preventive measure is also expected to encourage market growth. Intermittent Pneumatic Compression
(IPC) pumps have additionally proved helpful for stopping Deep Venous Thrombosis (DVT) and issues of venous stasis in sufferers after trauma, orthopedic surgical procedure, neurosurgery, or who for different reasons are unable to walk. IPC use has expanded to ambulatory sufferers that suffer from Continual
Venous Insufficiency (CVI) of the legs and subsequent edema, stasis dermatitis, ulcerations, and cellulitis.
Sigvaris leads the worldwide compression remedy market with a share of 11% in 2011 and income of $206.5m. Its product portfolio includes medical compression clothes, such as hosiery and socks used to deal with people suffering from numerous forms of venous disease and lymphatic disorders. Sigvaris’ dominance is likely to be as a consequence of its presence in quite a few geographic places and its vast distribution network, as well as its therapeutically useful, simple-to-apply and aesthetically pleasing compression hosiery products
Continual wounds are wounds that remain in the inflammatory stage for a significant period of time as a result of a breakdown within the production of collagen. They will trigger severe emotional and bodily distress and place a major financial burden on patients and the healthcare system. They are caused by diabetes, vascular diseases, infection, immobility, trauma, surgical procedure, burns and radiation injury.
There are three principal sorts of continual wounds: diabetic ulcers, venous ulcers and stress ulcers.
Diabetes is a number one cause of chronic, non-healing wounds, causing circumstances equivalent to foot ulcers, which might additional result in wound infections and progressive tissue loss, resulting in amputation, morbidity, and/or death. A preventive measure that may be taken in opposition to diabetic ulcers of the foot is using diabetic shoes.
Obesity affects millions of adults and is immediately linked to numerous life-threatening diseases. Current outcomes of the Nationwide Health and Vitamin Examination Survey (NHANES) indicate that an estimated 65% of US adults are either chubby or obese, outlined as having a Physique Mass Index (BMI) of 25 or more. Overweight patients have a significantly higher frequency of Pulmonary Embolism (PE) as a right away reason behind loss of life in comparison with non-obese patients. Studies have additionally proven that PE is the main reason for dying following gastric bypass surgical procedures.
For Sample Pages, please click on or add the beneath hyperlink to your browser:
http://www.globalmarketsdirect.com/SamplePdfRequest.aspx?ID=Compression-Therapy-International-Pipeline-Analysis-Competitive-Landscape-and-Market-Forecasts-to-2018&Title=Medical_Devices&ReportType=Industry_Report&companyID=goart
DVT and venous ulcers are most commonly associated with growing old, which is a key factor responsible for the rising number of patients prone to blood clotting, ulcers and swelling. In response to a examine published by the American Heart Association (AHA) in October 2010, ageing results in an increase in venous valve thickness and thus contributes to a decline in valve operate, inflicting DVT. With growing older, people additionally turn out to be much less lively and their cardiopulmonary system slows down.
GlobalData’s new report, “Compression Therapy - Global Pipeline Evaluation, Competitive Panorama and Market Forecasts to 2018†provides key data, data and analysis for the worldwide compression remedy market. The report particulars the market and aggressive landscapes with comprehensive info on the important thing tendencies affecting the market, and key analytical content material on market dynamics. The report also opinions the aggressive panorama and know-how offerings.
For further particulars, please click or add the beneath hyperlink to your browser:
http://www.globalmarketsdirect.com/Report.aspx?ID=Compression-Therapy-International-Pipeline-Analysis-Aggressive-Panorama-and-Market-Forecasts-to-2018&ReportType=Industry_Report&coreindustry=ALL&Title=Medical_Devices&companyID=goart
Go to our report store: http://www.globalmarketsdirect.com
For extra details contact:
pressreleases@globalmarketsdirect.com
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