Sweden Compression Therapy Market Size & Outlook, 2024-2030
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Sweden compression therapy market highlights
- The Sweden compression therapy market generated a revenue of USD 71.7 million in 2023 and is expected to reach USD 91.0 million by 2030.
- The Sweden market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, static compression therapy was the largest revenue generating technology in 2023.
- Dynamic Compression Therapy is the most lucrative technology segment registering the fastest growth during the forecast period.
Compression therapy market data book summary
| Market revenue in 2023 | USD 71.7 million |
| Market revenue in 2030 | USD 91.0 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Static compression therapy |
| Fastest growing segment | Dynamic Compression Therapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Static Compression Therapy, Dynamic Compression Therapy |
| Key market players worldwide | Cardinal Health Inc, Hartmann Holdings, Svenska Cellulosa AB ADR, ArjoHuntleigh, 3M Co, Spectrum Healthcare Resources, Bio Compression Systems, Stryker Corp, Ohio Valley Banc Corporation, Tactile Medical, Essity, Juzo, Harbor Health Care ETF, Sigvaris |
Other key industry trends
- In terms of revenue, Sweden accounted for 1.8% of the global compression therapy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany compression therapy market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 266.4 million by 2030.
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Compression Therapy Market Scope
Compression Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sigvaris | View profile | 51-100 | Peachtree City, Georgia, United States, North America | https://www.sigvaris.com/en-us |
| Juzo | View profile | 251-500 | Cuyahoga Falls, Ohio, United States, North America | http://juzousa.com |
| Essity | View profile | 10001+ | Stockholm, Stockholms Lan, Sweden, Europe | https://www.essity.com/ |
| Tactile Medical | View profile | 251-500 | Minneapolis, Minnesota, United States, North America | https://tactilemedical.com |
| Ohio Valley Banc Corporation | View profile | 284 | 420 Third Avenue, PO Box 240, Gallipolis, OH, United States, 45631 | https://www.ovbc.com |
| Bio Compression Systems | View profile | 11-50 | Moonachie, New Jersey, United States, North America | https://www.biocompression.com |
| Spectrum Healthcare Resources | View profile | 251-500 | Saint Louis, Missouri, United States, North America | https://www.spectrumhealth.com/ |
| ArjoHuntleigh | View profile | 5001-10000 | Malmö, Skane Lan, Sweden, Europe | http://www.arjohuntleigh.com |
| Svenska Cellulosa AB ADR | View profile | 3400 | Skepparplatsen 1, Sundsvall, Sweden, SE-851 88 | https://www.sca.com |
| Harbor Health Care ETF | View profile | - | - | - |
| Hartmann Holdings | View profile | - | Moscow, Moscow City, Russian Federation, Europe | https://www.hartmannholdings.com |
| Cardinal Health Inc | View profile | 48000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | https://www.cardinalhealth.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
Sweden compression therapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to compression therapy market will help companies and investors design strategic landscapes.
Static compression therapy was the largest segment with a revenue share of 71.13% in 2024. Horizon Databook has segmented the Sweden compression therapy market based on static compression therapy, dynamic compression therapy covering the revenue growth of each sub-segment from 2018 to 2030.
Sweden's competitive scenario for the compression therapy market is shaped by several key factors, including a high incidence of Venous Thromboembolism (VTE), with DVT at 1.67 per 1,000 per year and PE at 0.8 per 1,000 per year.
A study “Venous thromboembolism 2011-2018 in Stockholm: a demographic study” highlights the importance of compression therapy in managing these conditions, contributing to the market growth. The high incidence of VTE in Sweden, along with the increasing awareness of venous diseases and advancements in medical technology, is expected to drive market growth.
In addition, the growing geriatric population is a major driving factor for the market. For instance, Statistics Sweden (SCB) predicts that the population aged 80 years and above will increase to 11 million by 2028.
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Target buyers of Sweden compression therapy market databook
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Our clientele includes a mix of compression therapy market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Sweden compression therapy market, including forecasts for subscribers. This country databook contains high-level insights into Sweden compression therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden compression therapy market size, by dynamic compression therapy, 2018-2030 (US$M)
Sweden Compression Therapy Market Share, 2024 & 2030 (US$M)
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