The home sequential compression device (SCD) is a DVT prevention device that increases leg blood flow. SCDs are in the shape of "sleeves" that wrap around the legs and inflate one at a time using air. This simulates walking and aids in the prevention of blood clots. When you're in bed or sitting in a chair, the one should wear SCDs. For walking, the SCDs must be removed. The home sequential compression devices market is expected to witness a significant growth in the coming years owing to the factors such as rise prevalence of lymphatic and venous disorders and increasing awareness about the advance treatment involve use of sequential compression and other devices are driving the market growth. However, availability of alternate therapies hampers the growth of the market.
Sequential compression devices (SCDs) are used as a part of venous thromboembolism (VTE). As per the Center for Disease Control and Prevention (CDC), blood clotting in a deep vein results in the VTE, which is primarily a condition of blood vessels. These clots generally develop in lower leg, thigh, or pelvis, and injury to veins, slow blood flow, increased estrogen levels, heart diseases, and obesity are among the main causes of the clot formation. As per a study published by StatPearls Publishing LLC in August 2020, more than 200,000 people in the US are reported to develop venous thrombosis annually. Moreover, as per the Thrombosis UK, 1 in 1000 people suffer from venous thrombosis every year. Venous disorders are caused due to factors such as pregnancy, obesity, varicose vein, and venous insufficiency. Venous insufficiency is observed in pregnancy mainly due to an enlarged gravid uterus, resulting in hypertension in the lower extremity veins and increased hormone secretion, weakening the vein walls. Thus, the rising prevalence of lymphatic and venous disorders is boosting the demand for home sequential compression device, thereby driving the market growth.
Based on device type, the home sequential compression devices market is segmented into segmented into alternate sequential compression device (ASCD) and simultaneous sequential compression device (SSCD). The simultaneous sequential compression device (SSCD) segment held a larger share of the market in 2021 and is anticipated to register a higher CAGR in the market during the forecast period.
Based on type, the home sequential compression devices market is segmented into standard and portable. In 2021, the standard segment is likely to hold a larger share of the market and is expected to grow at the fastest rate during the coming years.
Based on application, the home sequential compression devices market is segmented into deep vein thrombosis (DVT), lymphedema management, chronic venous insufficiency (CVI), and others. The deep vein thrombosis (DVT) segment is likely to hold the largest share of the market in 2021 and is anticipated to register the highest CAGR of the market during the forecast period.
Players operating in the home sequential compression devices market have been majorly adopting the product innovation strategy to cater to the changing customer demand across the world, which also permits them to maintain their brand name globally.
The regional trends and factors influencing the Home Sequential Compression Devices Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Home Sequential Compression Devices Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 992.49 Million |
| Market Size by 2028 | US$ 1,572.81 Million |
| Global CAGR (2021 - 2028) | 6.8% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Device Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Home Sequential Compression Devices Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Home Sequential Compression Devices Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The List of Companies - Home Sequential Compression Devices Market