DVT Pumps Market Analysis, Opportunities by 2031
The DVT Pumps Market is expected to register a CAGR of 4.4% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by DVT Pumps Market by Type (Sequential Compression Pump, Compression Therapy Pump); Application (Hospitals, Surgical Centers, Other), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report DVT Pumps Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
DVT Pumps Market Segmentation
Type- Sequential Compression Pump
- Compression Therapy Pump
- Hospitals
- Surgical Centers
- Other
Strategic Insights
DVT Pumps Market Growth Drivers- Rising Incidence of DVT: One of the main factors propelling the market is the rising prevalence of DVT, especially in the elderly population. The risk of DVT increases with the aging population, hence DVT pumps and other efficient preventive measures are necessary. Such a factor has assisted the growth in the recent past and is expected to continue a similar trend during the forecast period.
- Aging Population: Another important aspect affecting market growth is an aging population. The need for dvt pump products that can effectively manage the health precisely and safely over long periods of time. The life span is increased by the fact that older persons often need specialized care and long-term medication administration.
- Increasing Awareness: The need for DVT pumps is rising as a result of greater knowledge of the dangers of DVT and how to avoid it. Healthcare organizations' educational programs aid in educating patients and healthcare professionals about the advantages of utilizing these devices.
- Technological Advancements: Pump technology advancements increase patient comfort and efficiency, increasing the devices' attractiveness to both patients and healthcare professionals. It is anticipated that ongoing design and functionality advancements will accelerate market expansion even more.Such a factor has assisted the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Sedentary Lifestyle: DVT risk is increased by sedentary habits, which are prevalent in contemporary society. This pattern emphasizes the necessity of prophylactic measures like DVT pumps, particularly in post-operative hospital settings. Such a factor has assisted the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Improved Performance: Better pressure delivery methods and improved compression algorithms are two examples of DVT pump innovations that improve blood clot prevention. These developments make it possible to create customized compression profiles that can change to meet the demands of each patient, enhancing patient happiness and treatment results.
- Increased Patient Comfort: With user comfort in mind, modern DVT pumps incorporate features like more ergonomic designs and quieter operation. More people are using these gadgets at home and in clinical settings as a result of the emphasis on patient experience.Asia Pacific region is expected to witness the highest growth during the forecast period.
- Innovation and Research Investment: It is now simpler for patients to utilize DVT pumps outside of hospital settings, like at home or on the go, thanks to the introduction of portable models. Demand is being driven by this convenience as patients look for lifestyle-friendly preventive interventions that work.Such a factor has assisted the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
- Digital Health Technologies Integration: Numerous modern DVT pumps have connectivity features that enable data collecting and remote monitoring. Healthcare professionals can more efficiently monitor patient compliance and outcomes thanks to this integration with digital health technology, which promotes improved risk management for DVT.Such a factor has assisted the overall market growth in the recent past and is expected to continue a similar trend during the forecast period.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the DVT Pumps Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the DVT Pumps Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Increased Patient Comfort
Budgetary Constraints
Asia Pacific region is expected to witness the highest growth during the forecast period
Europe region is expected to witness a high growth rate in terms of CAGR after Asia Pacific region during the forecast period
The DVT Pumps Market is estimated to witness a CAGR of 4.4% from 2023 to 2031
Rising Incidence of DVT
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 DVT Pumps Market - By Type
1.3.2 DVT Pumps Market - By Application
1.3.3 DVT Pumps Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DVT PUMPS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. DVT PUMPS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. DVT PUMPS MARKET - GLOBAL MARKET ANALYSIS
6.1. DVT PUMPS - GLOBAL MARKET OVERVIEW
6.2. DVT PUMPS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DVT PUMPS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SEQUENTIAL COMPRESSION PUMP
7.3.1. Overview
7.3.2. Sequential Compression Pump Market Forecast and Analysis
7.4. COMPRESSION THERAPY PUMP
7.4.1. Overview
7.4.2. Compression Therapy Pump Market Forecast and Analysis
8. DVT PUMPS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. SURGICAL CENTERS
8.4.1. Overview
8.4.2. Surgical Centers Market Forecast and Analysis
8.5. OTHER
8.5.1. Overview
8.5.2. Other Market Forecast and Analysis
9. DVT PUMPS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America DVT Pumps Market Overview
9.1.2 North America DVT Pumps Market Forecasts and Analysis
9.1.3 North America DVT Pumps Market Forecasts and Analysis - By Type
9.1.4 North America DVT Pumps Market Forecasts and Analysis - By Application
9.1.5 North America DVT Pumps Market Forecasts and Analysis - By Countries
9.1.5.1 United States DVT Pumps Market
9.1.5.1.1 United States DVT Pumps Market by Type
9.1.5.1.2 United States DVT Pumps Market by Application
9.1.5.2 Canada DVT Pumps Market
9.1.5.2.1 Canada DVT Pumps Market by Type
9.1.5.2.2 Canada DVT Pumps Market by Application
9.1.5.3 Mexico DVT Pumps Market
9.1.5.3.1 Mexico DVT Pumps Market by Type
9.1.5.3.2 Mexico DVT Pumps Market by Application
9.2. EUROPE
9.2.1 Europe DVT Pumps Market Overview
9.2.2 Europe DVT Pumps Market Forecasts and Analysis
9.2.3 Europe DVT Pumps Market Forecasts and Analysis - By Type
9.2.4 Europe DVT Pumps Market Forecasts and Analysis - By Application
9.2.5 Europe DVT Pumps Market Forecasts and Analysis - By Countries
9.2.5.1 Germany DVT Pumps Market
9.2.5.1.1 Germany DVT Pumps Market by Type
9.2.5.1.2 Germany DVT Pumps Market by Application
9.2.5.2 France DVT Pumps Market
9.2.5.2.1 France DVT Pumps Market by Type
9.2.5.2.2 France DVT Pumps Market by Application
9.2.5.3 Italy DVT Pumps Market
9.2.5.3.1 Italy DVT Pumps Market by Type
9.2.5.3.2 Italy DVT Pumps Market by Application
9.2.5.4 Spain DVT Pumps Market
9.2.5.4.1 Spain DVT Pumps Market by Type
9.2.5.4.2 Spain DVT Pumps Market by Application
9.2.5.5 United Kingdom DVT Pumps Market
9.2.5.5.1 United Kingdom DVT Pumps Market by Type
9.2.5.5.2 United Kingdom DVT Pumps Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific DVT Pumps Market Overview
9.3.2 Asia-Pacific DVT Pumps Market Forecasts and Analysis
9.3.3 Asia-Pacific DVT Pumps Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific DVT Pumps Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific DVT Pumps Market Forecasts and Analysis - By Countries
9.3.5.1 Australia DVT Pumps Market
9.3.5.1.1 Australia DVT Pumps Market by Type
9.3.5.1.2 Australia DVT Pumps Market by Application
9.3.5.2 China DVT Pumps Market
9.3.5.2.1 China DVT Pumps Market by Type
9.3.5.2.2 China DVT Pumps Market by Application
9.3.5.3 India DVT Pumps Market
9.3.5.3.1 India DVT Pumps Market by Type
9.3.5.3.2 India DVT Pumps Market by Application
9.3.5.4 Japan DVT Pumps Market
9.3.5.4.1 Japan DVT Pumps Market by Type
9.3.5.4.2 Japan DVT Pumps Market by Application
9.3.5.5 South Korea DVT Pumps Market
9.3.5.5.1 South Korea DVT Pumps Market by Type
9.3.5.5.2 South Korea DVT Pumps Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa DVT Pumps Market Overview
9.4.2 Middle East and Africa DVT Pumps Market Forecasts and Analysis
9.4.3 Middle East and Africa DVT Pumps Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa DVT Pumps Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa DVT Pumps Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa DVT Pumps Market
9.4.5.1.1 South Africa DVT Pumps Market by Type
9.4.5.1.2 South Africa DVT Pumps Market by Application
9.4.5.2 Saudi Arabia DVT Pumps Market
9.4.5.2.1 Saudi Arabia DVT Pumps Market by Type
9.4.5.2.2 Saudi Arabia DVT Pumps Market by Application
9.4.5.3 U.A.E DVT Pumps Market
9.4.5.3.1 U.A.E DVT Pumps Market by Type
9.4.5.3.2 U.A.E DVT Pumps Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America DVT Pumps Market Overview
9.5.2 South and Central America DVT Pumps Market Forecasts and Analysis
9.5.3 South and Central America DVT Pumps Market Forecasts and Analysis - By Type
9.5.4 South and Central America DVT Pumps Market Forecasts and Analysis - By Application
9.5.5 South and Central America DVT Pumps Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil DVT Pumps Market
9.5.5.1.1 Brazil DVT Pumps Market by Type
9.5.5.1.2 Brazil DVT Pumps Market by Application
9.5.5.2 Argentina DVT Pumps Market
9.5.5.2.1 Argentina DVT Pumps Market by Type
9.5.5.2.2 Argentina DVT Pumps Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. DVT PUMPS MARKET, KEY COMPANY PROFILES
11.1. 3A HEALTH CARE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ACE MEDICAL
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ARJOHUNTLEIGH
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BIO COMPRESSION SYSTEMS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CHATTANOOGA MEDICAL GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GETINGE GROUP
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KORRIDA MEDICAL SYSTEMS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. TACTILE MEDICAL
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TECHNOCARE MEDISYSTEMS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TRITON MEDICAL SERVICES PVT. LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. 3A Health Care
2. ACE Medical
3. ArjoHuntleigh
4. Bio Compression Systems
5. Chattanooga Medical Group
6. Getinge Group
7. Korrida Medical Systems
8. Tactile Medical
9. TECHNOCARE MEDISYSTEMS
10. TRITON MEDICAL SERVICES PVT. LTD.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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