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Global Intermittent Pneumatic Compression Ipc Devices Market
Market Size in USD Billion
CAGR :
%
USD
1.30 Billion
USD
2.54 Billion
2022
2030
Forecast Period
2023 –2030
Market Size(Base Year)
USD
1.30 Billion
Market Size (Forecast Year)
USD
2.54 Billion
CAGR
%
Major Markets Players
Zimmer Biomet
Breg
DJOLLC
DevonMedicalProducts.com
Cardinal Health
Global Intermittent Pneumatic Compression (IPC) Devices Market, By Type (Deep Vein Thrombosis (DVT), Pulmonary Embolism (PE)), Application (Home Use, Hospital) – Industry Trends and Forecast to 2030.
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Intermittent Pneumatic Compression (IPC) Devices Market Analysis and Size
The global Intermittent Pneumatic Compression (IPC) devices market is expected to witness significant growth during the forecast period. These devices are used for treating discomfort in the leg and swelling. It improves circulation and restores normal function in the leg. IPC therapy is especially used for managing Deep Vein Thrombosis (DVT). The rise in the number of orthopedic surgeries and the rising geriatric population worldwide are the major factors driving the market growth. Advancements in medical engineering brought about many path-breaking innovations in healthcare technology.
Data Bridge Market Research analyzes that the global Intermittent Pneumatic Compression (IPC) devices market, which was USD 1.3 billion in 2022, would rocket up to USD 2.54 billion by 2030, and is expected to undergo a CAGR of 8.7% during the forecast period. The “Deep Vein Thrombosis” segment is expected to dominate the type segment of the market owing to advancements in chemotherapy.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Intermittent Pneumatic Compression (IPC) Devices Market Scope and Segmentation
Report Metric
Details
Forecast Period
2023 to 2030
Base Year
2022
Historic Years
2021 (Customizable to 2015-2020)
Quantitative Units
Revenue in USD Billion, Volumes in Units, Pricing in USD
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America
Market Players Covered
Zimmer Biomet (U.S.), Breg (U.S.), DJO, LLC (U.S.), DevonMedicalProducts.com (U.S.), Cardinal Health (U.S.), Mego Afek AC LTD (Israel), Bio Compression Systems (U.S.), ThermoTek USA (U.S.), Medline Industries, LP (U.S.), and Tactile Medical (U.S.)
Market Opportunities
Technological advancements
Ease of use and portability
Market Definition
Intermittent Pneumatic Compression (IPC) devices are mechanical compression devices that help to prevent Pulmonary Embolism (PE) and Deep Vein Thrombosis (DVT). They are used to treat chronic venous insufficiency. They are used to treat chronic venous insufficiency. These devices have multiple applications in the healthcare industry.
Global Intermittent Pneumatic Compression (IPC) Devices Market Dynamics
Drivers
Growing Prevalence of Chronic Diseases
The rising incidence of chronic conditions such as DVT, lymphedema, and venous leg ulcers drives the demand for IPC devices. These conditions often require compression therapy for management, stimulating market growth.
Increasing Aging Population
The prevalence of vascular diseases increases as the global population ages. The elderly demographic is more susceptible to conditions such as DVT, which boosts the demand for IPC devices. This is expected to drive market growth.
Advancements in Medical Technology
Ongoing technological advancements have led to the development of more efficient and user-friendly IPC devices. Innovative features, such as adjustable pressure settings and portable designs, enhance patient comfort and compliance, driving adoption rates.
Opportunities
Technological Innovations
Continued advancements, such as smart IPC devices with connectivity features, remote monitoring capabilities, and personalized treatment plans, present significant opportunities for market growth. These innovations enhance patient compliance and overall effectiveness.
Emerging Markets
Penetration into untapped markets in developing regions with increasing healthcare infrastructure and awareness offers immense growth potential. Strategic market expansion initiatives provide opportunities for market growth.
Restraints/Challenges
High Cost of IPC Devices
IPC devices can be expensive, particularly the advanced models. Affordability remains a significant challenge, especially in regions with limited healthcare budgets and low-income populations.
Limited Awareness
Lack of awareness among patients and healthcare providers about the benefits of IPC therapy and its appropriate usage can hinder market growth. Educational campaigns and training programs are crucial to overcoming this challenge.
Limited Awareness
Lack of awareness among patients and healthcare providers about the benefits of IPC therapy and its appropriate usage can hinder market growth. Educational campaigns and training programs are crucial to overcoming this challenge.
The global Intermittent Pneumatic Compression (IPC) devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, and technological innovations in the market. To gain more info on this market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you make an informed market decision to achieve market growth.
Global Intermittent Pneumatic Compression (IPC) Devices Market Scope
The global Intermittent Pneumatic Compression (IPC) devices marketis segmented on the basis of type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Deep Vein Thrombosis (DVT)
Pulmonary Embolism (PE)
Application
Home Use
Hospital
Global Intermittent Pneumatic Compression (IPC) Devices Market Regional Analysis/Insights
The global Intermittent Pneumatic Compression (IPC) devices market is analyzed and market size insights and trends are provided by country, type, and application as referenced above.
The countries covered in this market report are U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
North America is expected to dominate the global Intermittent Pneumatic Compression (IPC) devices market due to the growing rate of spinal and orthopedic surgeries and an increasing number of patients with lymphedema and DVT and sports injuries.
Asia-Pacific is expected to be the fastest-growing region during the forecast period due to rising investments in medical devices.
The country section of the global Intermittent Pneumatic Compression (IPC) devices market report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import-export analysis, price trend analysis, cost of raw materials, and downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The global Intermittent Pneumatic Compression (IPC) devices market also provides you with a detailed market analysis for every country's growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the market, the impact of technology using lifeline curves and changes in healthcare regulatory scenarios and their impact on the market. The data is available for the historic period 2011-2021.
Competitive Landscape and Global Intermittent Pneumatic Compression (IPC) Devices Market Share Analysis
The global Intermittent Pneumatic Compression (IPC) devices market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the key players operating in the global Intermittent Pneumatic Compression (IPC) devices marketinclude:
Zimmer Biomet (U.S.)
Breg (U.S.)
DJO, LLC (U.S.)
DevonMedicalProducts.com (U.S.)
Cardinal Health (U.S.)
Mego Afek AC LTD (Israel)
Bio Compression Systems (U.S.)
ThermoTek USA (U.S.)
Medline Industries, LP (U.S.)
Tactile Medical (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
Frequently Asked Questions
What are the primary segments covered in the Global Intermittent Pneumatic Compression Ipc Devices Market report?
The market is segmented based on Global Intermittent Pneumatic Compression (IPC) Devices Market, By Type (Deep Vein Thrombosis (DVT), Pulmonary Embolism (PE)), Application (Home Use, Hospital) – Industry Trends and Forecast to 2030.
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What is the current market size of the Global Intermittent Pneumatic Compression Ipc Devices Market?
The Global Intermittent Pneumatic Compression Ipc Devices Market size was valued at USD 1.30 USD Billion in 2022.
What is the expected growth rate of the Global Intermittent Pneumatic Compression Ipc Devices Market?
The Global Intermittent Pneumatic Compression Ipc Devices Market is projected to grow at a CAGR of 8.7% during the forecast period of 2023 to 2030.
Who are the key players in the Global Intermittent Pneumatic Compression Ipc Devices Market?
The major players operating in the market include Zimmer Biomet , Breg , DJOLLC , DevonMedicalProducts.com , Cardinal Health , Mego Afek AC LTD , Bio Compression Systems , ThermoTek USA , Medline Industries, LP , and Tactile Medical .
Which countries are analyzed in the Global Intermittent Pneumatic Compression Ipc Devices Market report?
The market report covers data from the U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.
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