Market Overview:
The global vascular compression devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, growing geriatric population, and rising demand for minimally invasive surgeries. Based on type, the global vascular compression devices market is segmented into pneumatic compression pumps, DVT prevention systems, and others. Pneumatic compression pumps held the largest share of the global vascular compression devices market in 2017 and are expected to continue its dominance during the forecast period. This can be attributed to their high efficiency in preventing blood clots from forming and their low cost as compared to other types of vascular compression devices. Based on application, pain control held the largest share of the global vascular compression devices market in 2017 and is expected to continue its dominance duringthe forecast period owingtoits high demand for controlling post-operative pain among patients undergoing surgery.
Product Definition:
A vascular compression device is a medical device that is used to compress an artery in order to improve blood flow. These devices are often used to treat conditions such as chronic venous insufficiency, varicose veins, and deep vein thrombosis.
Pneumatic Compression Pumps:
Pneumatic compression pumps are used to deliver a consistent pressure in the treatment of vascular diseases. It is one of the most effective and efficient devices used for treating peripheral artery disease, coronary artery disease, aneurysms and arteriovenous malformations.
DVT Prevention System:
The DVT prevention system is a device that helps to prevent Deep Vein Thrombosis (DVT) in patients. It works by reducing the blood flow in the legs and causes less swelling after an injury. The main function of this device is to reduce venous pressure, which reduces the risk of DVT occurrence. This system has been approved by both U.S.
Application Insights:
Based on application, the global vascular compression devices market is segmented into pain control, edema management, lymphedema management, others. Pain control held the largest share in 2017 owing to increasing prevalence of chronic pain disorders such as neurogenic and arthritic pains. According to a study published by NCBI in 2018, around 60 million people suffer from chronic pain in U.S., which costs society USD 56 billion annually. Thus rising number of patients suffering from chronic pain will drive demand for these devices during the forecast period.
Edema is expected to be one of the fastest growing segments over the forecast period due to its high incidence globally and especially in tropical countries where it is more likely that someone you know has suffered from edema at some point or another during their lifetime.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies. Moreover, increasing incidence of deep vein thrombosis (DVT) and pulmonary embolism (PE) is also expected to drive regional growth over the forecast period. The U.S., which accounted for a major share in North America region due to its developed economy and advanced healthcare facilities is estimated to be at forefront throughout the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing with rapid economic development coupled with improving healthcare infrastructure in emerging countries such as China & India & others; Indonesia; Philippines; Vietnam among others are expected boost this region’s growth significantly over next eight years or so till 2030 AD (yearly average).
Growth Factors:
- Increasing incidence of chronic diseases such as obesity and diabetes, which are the major risk factors for developing vascular compression disorders.
- Growing geriatric population, who are more susceptible to developing vascular compression disorders due to their weakened veins and arteries.
- Increasing demand for minimally invasive procedures for treating vascular compression disorders.
- Technological advancements in vascular compression devices that offer enhanced patient comfort and safety.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vascular Compression Devices Market Research Report
By Type
Pneumatic Compression Pumps, DVT Prevention System, Others
By Application
Pain Control, Edema, Lymphedema, Others
By Companies
Medtronic, Merit Medical, Perouse Medical, Medas Inc, Terumo Medical, Trutech Medical, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Vascular Compression Devices Market Report Segments:
The global Vascular Compression Devices market is segmented on the basis of:
Types
Pneumatic Compression Pumps, DVT Prevention System, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pain Control, Edema, Lymphedema, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Merit Medical
- Perouse Medical
- Medas Inc
- Terumo Medical
- Trutech Medical
- Medtronic
Highlights of The Vascular Compression Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pneumatic Compression Pumps
- DVT Prevention System
- Others
- By Application:
- Pain Control
- Edema
- Lymphedema
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vascular Compression Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A vascular compression device is a medical device that helps to reduce blood flow in an artery or vein. This can help to prevent damage to the vessel and improve blood flow.
Some of the major companies in the vascular compression devices market are Medtronic, Merit Medical, Perouse Medical, Medas Inc, Terumo Medical, Trutech Medical, Medtronic.
The vascular compression devices market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vascular Compression Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Vascular Compression Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vascular Compression Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Vascular Compression Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Vascular Compression Devices Market Size & Forecast, 2018-2028
4.5.1 Vascular Compression Devices Market Size and Y-o-Y Growth
4.5.2 Vascular Compression Devices Market Absolute $ Opportunity
Chapter 5 Global Vascular Compression Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Vascular Compression Devices Market Size Forecast by Type
5.2.1 Pneumatic Compression Pumps
5.2.2 DVT Prevention System
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vascular Compression Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Vascular Compression Devices Market Size Forecast by Applications
6.2.1 Pain Control
6.2.2 Edema
6.2.3 Lymphedema
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vascular Compression Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Vascular Compression Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Vascular Compression Devices Analysis and Forecast
9.1 Introduction
9.2 North America Vascular Compression Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Vascular Compression Devices Market Size Forecast by Type
9.6.1 Pneumatic Compression Pumps
9.6.2 DVT Prevention System
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Vascular Compression Devices Market Size Forecast by Applications
9.10.1 Pain Control
9.10.2 Edema
9.10.3 Lymphedema
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Vascular Compression Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Vascular Compression Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Vascular Compression Devices Market Size Forecast by Type
10.6.1 Pneumatic Compression Pumps
10.6.2 DVT Prevention System
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Vascular Compression Devices Market Size Forecast by Applications
10.10.1 Pain Control
10.10.2 Edema
10.10.3 Lymphedema
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Vascular Compression Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vascular Compression Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Vascular Compression Devices Market Size Forecast by Type
11.6.1 Pneumatic Compression Pumps
11.6.2 DVT Prevention System
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Vascular Compression Devices Market Size Forecast by Applications
11.10.1 Pain Control
11.10.2 Edema
11.10.3 Lymphedema
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Vascular Compression Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Vascular Compression Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Vascular Compression Devices Market Size Forecast by Type
12.6.1 Pneumatic Compression Pumps
12.6.2 DVT Prevention System
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Vascular Compression Devices Market Size Forecast by Applications
12.10.1 Pain Control
12.10.2 Edema
12.10.3 Lymphedema
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Vascular Compression Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vascular Compression Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Vascular Compression Devices Market Size Forecast by Type
13.6.1 Pneumatic Compression Pumps
13.6.2 DVT Prevention System
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Vascular Compression Devices Market Size Forecast by Applications
13.10.1 Pain Control
13.10.2 Edema
13.10.3 Lymphedema
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Vascular Compression Devices Market: Competitive Dashboard
14.2 Global Vascular Compression Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Merit Medical
14.3.3 Perouse Medical
14.3.4 Medas Inc
14.3.5 Terumo Medical
14.3.6 Trutech Medical
14.3.7 Medtronic
