Compression Garments and Bandages Market Forecast to 2033, by Size, Segments, Share, Regulatory, Reimbursement and Procedures – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–Dec 22, 2023–
The global compression garments and bandages market is projected to experience significant growth in the coming years, according to a new report by ResearchAndMarkets.com. The report, titled Compression Garments and Bandages Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033, provides comprehensive insights into the market dynamics and trends shaping the industry.
Compression garments are elastic garments that exert pressure on specific areas of the body, promoting proper blood flow through the veins. They are divided into upper and lower garments, depending on the targeted body part. These garments are commonly used to reduce edema and improve tissue pressure.
Compression bandages, on the other hand, are often used in the treatment of various medical conditions such as deep vein thrombosis, varicose veins, venous leg ulcers, and cancer-related lymphedema. Similar to compression garments, bandages work by applying pressure to the affected area, helping to reduce symptoms and promote healing.
The report covers 39 countries and provides detailed market models for each region. It includes data on epidemiology, procedure volumes, installed base, new sales volumes, product usage, average selling prices, market size, and company share analysis. The report also offers qualitative insights from industry experts to provide context to the quantitative data.
Key inclusions of the market model are:
– Review of key industry trends
– Annualized revenue forecasts for the period of 2015-2033
– Market data on units, average selling prices, and market values
The report also offers global, regional, and country-specific insights. It provides qualitative information on global and regional market trends, as well as unique country-specific insights. The market model includes a SWOT analysis and competitive dynamics insights for the compression garments and bandages market.
A comprehensive understanding of the healthcare system is essential to drive market understanding. The report provides an overview of the healthcare system in each country, including reimbursement policies and regulatory landscapes.
The market model incorporates robust methodologies and sources to ensure accuracy. It integrates primary sources from both demand and supply sides, including Key Opinion Leaders. Additionally, real-world data sources such as government procedure databases, hospital purchasing databases, and proprietary online databases are utilized to determine market trends.
Leading companies in the compression garments and bandages market, such as Cardinal Health, BSN medical, Paul Hartmann, Sigvaris, 3M, medi, Lohmann & Rauscher, Molnlycke Health Care, Thuasne, Medline Industries, Smith & Nephew, and DJO Global, are profiled in the report.
The report aims to help stakeholders in the industry understand the impact of COVID-19 on the market. It enables companies to develop effective strategies for in-licensing and out-licensing, identify emerging players, and analyze market trends and competitive landscapes. By tracking device sales, companies can identify market opportunities for consolidations, investments, and strategic partnerships.
For more information about this report, please visit [link provided].
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