India Static Compression Therapy Market to leverage booming geriatric population and prevalence of chronic diseases

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The Covid-19 pandemic has severely impacted the growth of the Indian static compression therapy market.

The India static compression therapy market comprises compression garments and devices that help manage medical conditions such as deep vein thrombosis, lymphedema and chronic venous insufficiency by the application of incremental pressure on the skin surface. Static compression therapy is commonly used post-surgery and for sports-related injuries to reduce swelling, pain and improve blood circulation. Key products include compression stockings, sleeves, wraps and devices that are designed based on the needs of patients suffering from a range of cardiovascular, orthopedic and circulatory disorders. A growing senior population base and rising prevalence of lifestyle diseases in India are expected to drive high demand for innovative compression products in the upcoming years.

The Global India Static Compression Therapy Market is estimated to be valued at US$ 140 million in 2024 and is expected to exhibit a CAGR of 7.4% over the 2024-2029.

Key Takeaways

Key players operating in the India static compression therapy market are DJO Global, Inc., BSN medical GmbH, Medtronic plc, and Paul Hartmann AG. These major players are focusing on expanding their product offerings and distribution networks in smaller Indian cities and towns.

A robust increase in the number of patients suffering from diabetes, chronic venous insufficiency and disorders caused due to sedentary lifestyles is fueling India Static Compression Therapy Market Demand stockings and wraps. As per the Indian Council of Medical Research, foot ulcer cases have shot up by 15-18% annually in India over the past decade.

The medical compression devices landscape is witnessing technological advancements such as smartphone apps that offer custom pressure mapping and remote monitoring capabilities. Some vendors have launched compression socks and tights embedded with temperature-regulating fibers to provide additional therapeutic benefits.

Market Trends

Increased uptake of affordable yet effective compression solutions: Manufacturers are focusing on developing cost-effective products for expanding customer base in tier 2/3 markets.

Growing availability of fashionable compression wear: Vendors are launching compression leggings and socks in exciting colors and designs to appeal to younger customers and improve adherence.

Use of 3D printing and AI: Compression devices integrated with 3D scanning, AI and pressure mapping technologies offer customized fit and monitoring.

Market Opportunities

Partnerships with leading hospitals to enhance awareness: Collaborating with major orthopedic and diabetic care centers can boost reach in rural India.

Leveraging e-commerce for sales and marketing: Growing penetration of internet and online shopping in smaller cities presents an untapped avenue.

Introducing subscription business models: Monthly subscription services for compression wear can help patients adhere to therapy.

The Covid-19 pandemic has severely impacted the growth of the Indian static compression therapy market. During the pre-Covid era, this market was experiencing steady growth riding on increasing instances of obesity, diabetes and other lifestyle-induced diseases that require compression therapy. The hospitals and clinics segment dominated the market as most patients preferred clinical settings for compression treatment.

However, the outbreak in early 2020 and the subsequent lockdowns drastically affected the market. As non-essential medical procedures were postponed, the visits to hospitals and clinics for static compression therapy nosedived. Manufacturing and supply chain disruptions also created shortages of compression garments and equipments. This was a major setback for the market which was expecting to reach new highs during 2020-2021.

As the restrictions have eased now, the market is recovering gradually. More emphasis is being given to teleconsultations and home care options. India Static Compression Therapy Companies have launched single-use compression stockings and sleeve products for self-application. They are also offering online guidance videos and chat support. This has ensured continuity of treatment while maintaining social distancing. However, demand from hospitals is yet to pick up to pre-Covid levels.

Going forward, as lifestyle diseases persist, chronic conditions requiring compression are likely to rise. This underscores the need to strengthen telehealth infrastructure, promote affordable self-care products and raise awareness on virtual consultation platforms. Adopting a widespread digital healthcare model can help the Indian static compression therapy market regain momentum and surpass pre-pandemic growth rates over the long term.

In terms of geographical distribution, the western region of India accounts for over 35% share of the overall static compression therapy market in value terms. States like Maharashtra, Gujarat and Madhya Pradesh have seen higher prevalence of obesity, diabetes and other such conditions. This has propelled demand for compression garments and bandages. The southern region, led by markets in Tamil Nadu, Karnataka and Telangana is another major value contributor with a value share of around 25%.

 

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)

 

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