What is Global Compression Recovery Systems Market?
The Global Compression Recovery Systems Market is a vast and dynamic sector that has been gaining significant traction in recent years. This market revolves around the production, distribution, and use of compression recovery systems, which are devices designed to aid in the recovery of muscles after strenuous physical activity or to assist in medical therapy. These systems work by applying controlled pressure to different parts of the body, promoting blood flow and reducing inflammation. The market's value was estimated at US$ 1234 million in 2023, and it is projected to grow to US$ 2005.8 million by 2030, indicating a promising future for this industry.
Legs, Arms, Others in the Global Compression Recovery Systems Market:
The Global Compression Recovery Systems Market is segmented based on the body part they are designed for, including legs, arms, and others. Leg compression systems are the most popular, accounting for over 60% of the market share. These devices are commonly used by athletes for post-workout recovery and by patients undergoing physical therapy. Arm compression systems, on the other hand, are often used in medical settings, particularly for patients recovering from arm surgeries or injuries. Other compression systems cater to specific needs and conditions, offering a wide range of options for consumers.
Sports Recovery, Medical Therapy in the Global Compression Recovery Systems Market:
Compression recovery systems find their applications primarily in two areas: sports recovery and medical therapy. In the sports sector, these systems are used by athletes to speed up recovery after intense training sessions or competitions. They help reduce muscle soreness, improve circulation, and promote faster healing of tissue damage. In the medical field, compression recovery systems are used as a part of therapy for patients recovering from surgeries or injuries. They aid in reducing swelling, preventing blood clots, and promoting overall healing. The versatility of these systems contributes to their growing demand in the global market.
Global Compression Recovery Systems Market Outlook:
Looking at the market outlook, the Global Compression Recovery Systems Market has shown promising growth. In 2023, the market was valued at US$ 1234 million. It is expected to reach a valuation of US$ 2005.8 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period from 2024 to 2030. The market is dominated by the top three manufacturers, who collectively hold a market share of over 20%. The largest product segment in this market is leg compression systems, which hold a market share of over 60%.
| Report Metric | Details |
| Report Name | Compression Recovery Systems Market |
| Accounted market size in 2023 | US$ 1234 million |
| Forecasted market size in 2030 | US$ 2005.8 million |
| CAGR | 7.1% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Hyperice (NormaTec), Mego Afek, Arjo, DJO, Rapid Reboot, Air Relax, Bio Compression, Squid Compression, RP Sports (RecoveryPump), RevitaPump, Daesung Maref, BSN Medical (Wright Therapy), Tactile Medical, Speed Hound, Direct Healthcare Group (Talley), Longest Science & Technology |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
