Market Overview:
The global medical compression pump 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 venous diseases, rising geriatric population, and technological advancements in medical compression pumps. Based on type, the global medical compression pump market is segmented into dynamic medical compression pumps and static medical compression pumps. The dynamic segment is expected to grow at a higher CAGR than the static segment during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for advanced technologies in medical devices and rising prevalence of chronic diseases such as venous diseases and deep vein thrombosis (DVT). Based on application, hospitals are estimated to account for a larger share of the global medical compression pump market than clinics during the forecast period from 2018 to 2030.
Product Definition:
A medical compression pump is a device that is used to help improve blood circulation. The device creates pressure on the skin which helps push the blood vessels open and allows for more blood to flow through them. This can be helpful in treating conditions such as varicose veins, deep vein thrombosis, and other circulatory problems.
Dynamic:
Dynamic is a medical device used for compressing the chest during cardiopulmonary resuscitation (CPR) or emergency medicine. It's an air-driven machine that helps in increasing pressure and speed of pumping. The growth factor in this market is dynamic has witnessed significant growth over the past few years owing to its rising demand as it provides efficient compression, reduces pain & swelling, increases blood flow and oxygen delivery to tissues & organs while decreasing carbon dioxide levels in patients suffering from cardiac arrest.
Static:
Static is a measure of resistance to movement or pressure and it is used in medical compression pump industry as a way of measuring the compressive strength of bandages, stockinette, foam rollers, etc. It can also be used to measure the amount of force needed to overcome static friction. The higher the static coefficient (SC) value; the more efficient & effective product will be for delivering dynamic (moving) compressions.
Application Insights:
Based on application, the global medical compression pump market has been segmented into hospitals, clinics, others and emergency services (EMS), and primary healthcare centers. The hospitals segment dominated the overall market in terms of revenue in 2017. This is attributed to a high usage rate of these devices by hospitals for various applications including ventilation/perfusion lung compressions as well as orthopedic compressions. In addition, a growing number of hospital beds across the globe is also expected to contribute towards growth over the forecast period.
The primary healthcare centers or clinics segment is expected to exhibit significant growth over the forecast period owing to an increasing number of visits by patients with life-threatening conditions requiring immediate medical attention and treatment at their local facilities. A rising trend across various regions including Asia Pacific and North America where many clinics have started providing Compression Therapy Machines due to increasing demand from patients suffering from chronic diseases such as heart conditions lungs etc.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high disposable income, and favorable government policies are some of the major factors contributing to its growth. In addition, increasing research & development activities by key players for developing advanced products is expected to drive the region’s growth over the forecast period.
The Asia Pacific is anticipated to witness lucrative CAGR during the forecast period owing to rapid economic development coupled with improving healthcare infrastructure in emerging countries such as China and India. Furthermore, rising awareness regarding various treatment options available for chronic disorders is also expected to propel regional demand during the forecast years. Rising expenditure on medical treatments has also contributed significantly toward market growth in this region due to growing patient pool suffering from cardiac failure or other forms of respiratory problems that can be treated using these pumps (i).
Growth Factors:
- Increasing incidence of chronic diseases such as diabetes and heart diseases
- Growing geriatric population
- Rising awareness about the benefits of compression therapy
- Technological advancements in medical compression pumps
- Growing demand for minimally invasive procedures
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Compression Pump Market Research Report
By Type
Dynamic, Static,
By Application
Hospitals, Clinics, Others,
By Companies
3M Health Care, ArjoHuntleigh, Bio Compression Systems, Inc., BSN medical, Getinge Group, Hartmann AG, medi GmbH & Co KG, Medtronic plc (Covidien), Paul Hartmann AG, Sigvaris Management AG, Smith & Nephew plc.
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Medical Compression Pump Market Report Segments:
The global Medical Compression Pump market is segmented on the basis of:
Types
Dynamic, Static,
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
Hospitals, Clinics, 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:
- 3M Health Care
- ArjoHuntleigh
- Bio Compression Systems, Inc.
- BSN medical
- Getinge Group
- Hartmann AG
- medi GmbH & Co KG
- Medtronic plc (Covidien)
- Paul Hartmann AG
- Sigvaris Management AG
- Smith & Nephew plc.
Highlights of The Medical Compression Pump 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:
- Dynamic
- Static
- By Application:
- Hospitals
- Clinics
- 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 Medical Compression Pump 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.
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- Correctly Positioning New Products
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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 medical compression pump is a device that helps to increase blood flow and reduce swelling in the body. It is often used to help treat conditions such as heart failure, stroke, and pulmonary embolism.
Some of the major players in the medical compression pump market are 3M Health Care, ArjoHuntleigh, Bio Compression Systems, Inc., BSN medical, Getinge Group, Hartmann AG, medi GmbH & Co KG, Medtronic plc (Covidien), Paul Hartmann AG, Sigvaris Management AG, Smith & Nephew plc..
The medical compression pump market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Compression Pump Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Compression Pump Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Compression Pump Market - Supply Chain
4.5. Global Medical Compression Pump Market Forecast
4.5.1. Medical Compression Pump Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Compression Pump Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Compression Pump Market Absolute $ Opportunity
5. Global Medical Compression Pump Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Compression Pump Market Size and Volume Forecast by Type
5.3.1. Dynamic
5.3.2. Static
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Compression Pump Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Compression Pump Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Compression Pump Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Compression Pump Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Compression Pump Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Compression Pump Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Compression Pump Demand Share Forecast, 2019-2026
9. North America Medical Compression Pump Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Compression Pump Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Compression Pump Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Compression Pump Market Size and Volume Forecast by Type
9.7.1. Dynamic
9.7.2. Static
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Compression Pump Demand Share Forecast, 2019-2026
10. Latin America Medical Compression Pump Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Compression Pump Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Compression Pump Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Compression Pump Market Size and Volume Forecast by Type
10.7.1. Dynamic
10.7.2. Static
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Compression Pump Demand Share Forecast, 2019-2026
11. Europe Medical Compression Pump Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Compression Pump Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Compression Pump Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Compression Pump Market Size and Volume Forecast by Type
11.7.1. Dynamic
11.7.2. Static
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growh Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Compression Pump Demand Share, 2019-2026
12. Asia Pacific Medical Compression Pump Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Compression Pump Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Compression Pump Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Compression Pump Market Size and Volume Forecast by Type
12.7.1. Dynamic
12.7.2. Static
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Compression Pump Demand Share, 2019-2026
13. Middle East & Africa Medical Compression Pump Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Compression Pump Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Compression Pump Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Compression Pump Market Size and Volume Forecast by Type
13.7.1. Dynamic
13.7.2. Static
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Compression Pump Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Compression Pump Market: Market Share Analysis
14.2. Medical Compression Pump Distributors and Customers
14.3. Medical Compression Pump Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M Health Care
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ArjoHuntleigh
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bio Compression Systems, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BSN medical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Getinge Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hartmann AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. medi GmbH & Co KG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Medtronic plc (Covidien)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Paul Hartmann AG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sigvaris Management AG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Smith & Nephew plc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
