Home Sequential Compression Devices Market is expected to reach US$ 1,572.81 Mn by 2028

Home sequential compression devices Market for Simultaneous Sequential Compression Device (SSCD) Segment to Grow at Significant CAGR during 2021–2028

According to The Insight Partners market research study of “Home sequential compression devices Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by , Device Type, Type, Application, and Geography”, the global home sequential compression devices market is expected to reach US$ 1,572.81 million by 2028 from US$  992.49 million in 2021; it is estimated to grow at a CAGR of 6.8% from 2021 to 2028. The report highlights trends prevailing in the global home sequential compression devices market and the factors driving market along with those that act as hindrances. The growth of the market is determined due to some of the key driving factors, rising number of orthopedic and spinal surgeries; growing number of patients suffering from DVT. However, lack of favorable reimbursement and transmission of post-operative infection associated with compression devices are likely to restrict market growth during the forecast period. Further, the availability of well-developed healthcare infrastructure and prompt government support are a few of the prominent factors propelling the market growth in North America.

Based on by device type, the home sequential compression devices market is segmented into alternate sequential compression device (ASCD), simultaneous sequential compression device (SSCD). The simultaneous sequential compression device (SSCD) segment held the largest share of the market in 2021, and same segment is anticipated to register the highest CAGR in the market during the forecast period. Factors such as a factor 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.

Due to growing demand for COVID related medical devices many companies have been prioritizing sales in their respective segments. For instance, in response to the coronavirus pandemic leading market players in compression therapy devices have been collaborating with suppliers to understand and manage the impact of the pandemic on product supply. For instance, Cardinal health has been partnering with trade groups including Health Industry Distributors Association (HIDA), Healthcare Distribution Alliance (HDA), National Community Pharmacists Association (NCPA), National Association of Chain Drug Stores (NACDS), Healthcare Ready, and AdvaMed to respond to industry wide challenges. Such a strategic initiatives will boost the home care devices market. Moreover, remote patient monitoring (RPM) in COVID-19 crisis offers tools for disease monitoring and patient-provider communications that reduce infection risks for patients, communities, and providers. These are especially safe and useful method of care as healthcare system works to combat COVID-19. Thus, owing to the above–mentioned factors, the pandemic has shown a positive impact on the home medical devices market, which will support the home sequential compression devices market.  

Cardinal Health Inc; Biocompression Systems; DJO Global, Inc.; DSMAREF CO.LTD; Precision Medical Products; AIROS Medical; Breg Inc.; Mego Afek ltd.; Arjo Medical Devices; and Tactile Medical, Inc are among the leading companies operating in the home sequential compression devices market.  

Home sequential compression devices Market, by Region, 2021 (%)

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Home Sequential Compression Devices Market Growth & Analysis 2027

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Home Sequential Compression Devices Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Device Type (Alternate Sequential Compression Device (ASCD), Simultaneous Sequential Compression Device (SSCD)); Type (Standard, PORTABLE); Application (Deep Vein Thrombosis, Lymphedema Management, Chronic Venous Insufficiency (CVI), Others), and Geography

The Report Segments the Home Sequential Compression Devices Market as Follows:

By Device Type

• Simultaneous Sequential Compression Device (SSCD))
• Alternate Sequential Compression Device (ASCD)

By Type

• Standard
• Portable

By Application

• Deep Vein Thrombosis (DVT)
• Lymphedema Management
• Chronic Venous Insufficiency (CVI)
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of Middle East and Africa
• South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America