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Compression Therapy - 5EU Analysis and Market Forecasts

  • October 2015
  • -
  • Global Data
  • -
  • 241 pages

Compression Therapy - 5EU Analysis and Market Forecasts

Summary

Compression therapy products, especially static compression devices, have become the standard in the treatment of venous conditions, such as deep vein thrombosis (DVT), varicose veins, and venous leg ulcers, and lymphatic disorders, such as primary and secondary lymphedema. While elastic stockings and compression bandaging have played important roles in providing effective therapies, newer modes of static compression such as custom garments and adjustable products have been introduced to ease patient burden and improve treatment compliance. Pneumatic compression devices have similarly advanced, despite their lower adoption rates. Segmented pumps with tunable pressure characteristics have joined the ranks of simpler devices with single outputs for single inflatable chambers in the treatment of venous and lymphatic conditions. Although pneumatic compression has not quite been an arena of rapid innovation, some manufacturers have developed advanced pump systems that deliver complex pressure profiles to the affected areas of the patients’ bodies. This report focuses on both static and pneumatic compression market categories. The 5EU compression therapy market has been estimated in this report, which covers the France, Germany, Italy, Spain, the UK up to 2021. The report provides an investigation of unmet needs, future adoption trends and compound annual growth rates (CAGR) for each geography and market segment. In addition, this report presents the current market drivers and barriers which will influence the future market growth of compression therapy in the 5EU region.

Highlights

Key Questions Answered

- What is the current and future market outlook for compression therapy products in the 5EU region? What trends are affecting the global compression therapy market?
- Which are the key, high growth markets? What compression therapy segments are growing the fastest?
- What are the unmet needs? What is the scope for more innovation and what are the end-users looking for in their products?
- What are some of the newer innovations that may fulfill these unmet needs? What are the physician perceptions and market outlooks?
- What percent of global revenue are from emerging markets? How will this change in the future?
- Sigvaris, BSN Medical, Medi, and Medtronic currently dominate the global advanced dressings market. What are their market shares in the 5EU economies and which companies constitute the remainder of the market?

Reasons to buy

- “What Physicians Think” quotes provide a unique insight into how healthcare professionals are reacting to events within the industry, and what their responses could mean for industry strategists. In this report you will understand the perceptions of leading physicians and other stakeholders from around the world. This information is essential for all strategic decision makers in every organization allowing them to act on high quality information.

Table Of Contents

Compression Therapy - 5EU Analysis and Market Forecasts
1 Table of Contents
1 Table of Contents 4
1.1 List of Tables 11
1.2 List of Figures 18
2 Introduction 19
2.1 Catalyst 19
2.2 Related Reports 19
3 Industry Overview 20
3.1 Overview 20
3.2 Anatomy and Physiology 20
3.2.1 Chronic Venous Disease 20
3.2.2 Varicose Veins 21
3.2.3 Venous Leg Ulcers 22
3.2.4 Venous Thromboembolism and Deep Vein Thrombosis 22
3.2.5 Lymphedema 24
3.3 Clinical Outcomes 26
3.3.1 Venous Conditions 26
3.3.2 Lymphedema 26
3.4 Applications of Technology 27
3.4.1 Static Compression 27
3.4.2 Pneumatic Compression Devices 29
3.5 Advantages and Disadvantages of Technology 30
3.6 Market Access 31
3.7 Influence of Clinical Trials 33
3.8 Regulatory Process 33
3.8.1 Overview 33
3.8.2 EU5 34
3.9 Reimbursement 35
3.9.1 Overview 35
3.9.2 France 35
3.9.3 Germany 36
3.9.4 Italy 37
3.9.5 Spain 38
3.9.6 UK 38
3.10 Regulatory Issue and Key Deals 39
3.10.1 Regulatory Issues and Recalls 39
3.10.2 Mergers, Acquisitions, and Key Partnerships 40
3.11 Economic Impact 42
3.11.1 Indirect Costs 42
3.11.2 Direct Costs 42
4 Unmet Needs 44
4.1 Overview 44
4.2 Improving Patient Education 44
4.3 Implementing Consistent Bandaging 45
4.4 Expanding Caregiver Education 46
4.5 Enhancing Patient Comfort 46
4.6 Supporting Patient Mobility 47
5 Market Opportunity Analysis 49
5.1 Overview 49
5.2 Engineering Adjustable Garments for Greater Flexibility 49
5.3 Developing Multilayer Stockings for Easier Application 49
5.4 Improving Compression Garments by Adding Sensors 50
5.5 Innovating Automated Bandaging for Consistent Treatment 50
6 Market Drivers and Barriers 52
6.1 Drivers 52
6.1.1 Aging Populations 52
6.1.2 Cancer-Related Lymphedema 52
6.1.3 Rising Rates of Obesity 53
6.1.4 Lymphatic Filariasis in Underdeveloped Regions 53
6.1.5 The Need for Cost Savings 54
6.2 Barriers 54
6.2.1 Insufficient Reimbursement 54
6.2.2 Patient Compliance 55
6.2.3 Cost of Care 56
6.2.4 Medical Device Excise Tax 56
6.2.5 Availability of Venture Capital 57
6.3 Substitutes 57
6.3.1 Procedures to Prevent Thromboembolism 57
6.3.2 Invasive and Non-invasive Interventions for Varicose Veins 58
6.3.3 Surgical Interventions for Lymphedema 58
6.3.4 Pharmacological Options for DVT Management 59
7 Competitive Assessment 60
7.1 Overview 60
7.2 Technology and Product Offerings 60
7.3 Product Profile 60
7.3.1 Covidien (Medtronic) 60
7.3.2 Sigvaris 63
7.3.3 BSN Medical 65
7.3.4 Medi 67
7.3.5 Laboratoires Innothera 71
7.3.6 3M Health Care 73
7.3.7 Thuasne 74
7.3.8 Paul Hartmann 76
7.3.9 Mego Afek 78
7.3.10 Medline Industries 81
7.3.11 ArjoHuntleigh 82
7.3.12 DJO Global 84
7.3.13 Lohmann and Rauscher 86
7.3.14 Venosan (Salzmann) 90
7.3.15 Sanyleg 93
7.3.16 Juzo 94
7.3.17 Daesung Maref 96
7.3.18 Bio Compression Systems 97
7.3.19 Smith and Nephew 99
7.3.20 Molnlycke Health Care 101
7.3.21 Gloria Med 103
7.3.22 B. Braun 105
7.3.23 Alcare 106
7.3.24 Derma Sciences 107
7.3.25 Urgo 109
7.3.26 Systagenix 110
7.3.27 Muranaka Medical Instruments 110
7.3.28 ConvaTec 111
7.3.29 Xiamen Senyang 112
7.3.30 Guangzhou Yihao Electronic Technology 113
7.3.31 Talley Group 114
7.3.32 Cardinal Health 115
7.3.33 Tactile Medical 116
7.3.34 Devon Medical 118
7.4 SWOT For Each Category of Device 119
7.4.1 SWOT, Compression Garments 120
7.4.2 SWOT, Compression Bandages 121
7.4.3 SWOT, Anti-Embolism Stockings 122
7.4.4 SWOT, Pneumatic Compression Therapy 122
8 Pipeline Assessment 124
8.1 Overview 124
8.2 Product Profiles 124
8.2.1 Medical Compression Systems: ActiveCast and ActiveCare Vascular 124
8.2.2 Epoch Medical Systems: Adaptive Compression for Lower Limb Prosthetics 124
8.2.3 Footfalls and Heartbeats: Compression Bandage with Textile-based Sensor 125
9 Clinical Trials to Watch 126
9.1 Overview 126
9.2 Clinical Trial Profiles 126
9.2.1 Evaluation of a Dual Action Pneumatic Compression Device 126
9.2.2 Treatment Response to Different Lymphedema Compression Programs Using a Pneumatic Compression Device 126
9.2.3 Two Pneumatic Compression Devices for the Treatment of Lower Extremity Lymphedema 127
9.2.4 A Hemodynamic Comparison Study of Stationary and Portable Pneumatic Compression Devices 127
9.2.5 DVT Prevention Study: Geko Neurosmuscular Stimulator vs. Thromboembolism Deterrent Stockings (TEDS) 127
9.2.6 Elastic Compression Stockings for Prevention of Post-thrombotic Syndrome 128
9.2.7 Effectiveness of Two Compression Methods in the Treatment of Upper Limb Lymphedema 128
9.2.8 Clinical Study to Assess Safety and Efficacy of a New Armsleeve in the Management of Arm Lymphedema 129
10 Current and Future Players 130
10.1 Overview 130
10.2 Company Profiles 130
10.2.1 Covidien (Medtronic) 130
10.2.2 Sigvaris 132
10.2.3 BSN Medical 134
10.2.4 Medi 135
10.2.5 Innothera 137
10.2.6 3M Health Care 138
10.2.7 Thuasne 139
10.2.8 Paul Hartmann 140
10.2.9 Mego Afek 142
10.2.10 Medline Industries 143
10.2.11 ArjoHuntleigh (Getinge) 145
10.2.12 DJO Global 147
10.2.13 Lohmann and Rauscher 149
10.2.14 Venosan (Salzmann) 150
10.2.15 Sanyleg (Mimosa) 151
10.2.16 Juzo 152
10.2.17 Daesung Maref 153
10.2.18 Bio Compression Systems 154
10.2.19 Smith and Nephew 155
10.2.20 Molnlycke Health Care 158
10.2.21 Gloria Med 159
10.2.22 B. Braun 160
10.2.23 Alcare 162
10.2.24 Derma Sciences 163
10.2.25 Laboratoires Urgo 165
10.2.26 Systagenix (Acelity) 167
10.2.27 Muranaka Medical Instruments 168
10.2.28 ConvaTec 169
10.2.29 Xiamen Senyang 171
10.2.30 Guangzhou Yihao Electronic Technology 172
10.2.31 Talley Group 173
10.2.32 Cardinal Health 174
10.2.33 Tactile Medical 175
10.2.34 Devon Medical 176
10.3 Other Current Players 178
11 Strategic Competitive Assessment 179
11.1 Company Market Share 179
11.1.1 Overview 179
11.1.2 Company Share by Region 179
12 Market Outlooks by Market Segment 182
12.1 By Region 182
12.1.1 5EU 182
13 Market Outlooks by Geography 184
13.1 By Region 184
13.1.1 5EU 184
13.2 France 185
13.3 Germany 188
13.4 Italy 191
13.5 Spain 194
13.6 UK 196
14 Appendix 200
14.1 Bibliography 200
14.2 Abbreviations 233
14.3 Methodology 236
14.3.1 Overview 236
14.3.2 Coverage 236
14.3.3 Secondary Research 236
14.4 Forecasting Methodology 237
14.5 Physicians and Specialists Included in This Study 238
14.5.1 Key Opinion Leaders 238
14.6 About the Authors 239
14.6.1 Shashank Settipalli, Analyst, Medical Devices 239
14.6.2 Priya Radhakrishnan, MBA, Director, Research and Analysis, Medical Devices 239
14.7 About GlobalData 240
14.8 Disclaimer 240

1.1 List of Tables
Table 1: The C Classification for Chronic Venous Conditions 21
Table 2: E, A, and P Classifications for Chronic Venous Conditions 21
Table 3: Stages of Lymphedema 24
Table 4: Covidien's Compression Therapy Marketed Products 61
Table 5: Covidien's Compression Therapy Product Portfolio SWOT Analysis, 2015 62
Table 6: Sigvaris Compression Therapy Marketed Products 63
Table 7: Sigvaris' Compression Therapy Product Portfolio SWOT Analysis, 2015 65
Table 8: BSN Medical's Compression Therapy Marketed Products 66
Table 9: BSN Medical's Compression Therapy Product Portfolio SWOT Analysis, 2015 67
Table 10: Medi Compression Therapy Marketed Products 68
Table 11: Medi's Compression Therapy Product Portfolio SWOT Analysis, 2015 71
Table 12: Innothera's Compression Therapy Marketed Products 72
Table 13: Laboratoires Innothera's Compression Therapy Product Portfolio SWOT Analysis, 2015 72
Table 14: 3M Health Care's Compression Therapy Marketed Products 73
Table 15: 3M Health Care's Compression Therapy Product Portfolio SWOT Analysis, 2015 74
Table 16: Thuasne's Compression Therapy Marketed Products 75
Table 17: Thuasne's Compression Therapy Product Portfolio SWOT Analysis, 2015 76
Table 18: Paul Hartmann's Compression Therapy Marketed Products 77
Table 19: Paul Hartmann Compression Therapy Product Portfolio SWOT Analysis, 2015 78
Table 20: Mego Afek's Compression Therapy Marketed Products 79
Table 21: Mego Afek's Compression Therapy Product Portfolio SWOT Analysis, 2015 80
Table 22: Medline's Compression Therapy Marketed Products 81
Table 23: Medline Industries' Compression Therapy Product Portfolio SWOT Analysis, 2015 82
Table 24: ArjoHuntleigh Compression Therapy Marketed Products 83
Table 25: ArjoHuntleigh's Compression Therapy Product Portfolio SWOT Analysis, 2015 84
Table 26: DJO Global's Compression Therapy Marketed Products 85
Table 27: DJO Global's Compression Therapy Product Portfolio SWOT Analysis, 2015 86
Table 28: Lohmann and Rauscher's Compression Therapy Marketed Products 87
Table 29: Lohmann and Rauscher's Compression Therapy Product Portfolio SWOT Analysis, 2015 90
Table 30: Venosan's Compression Therapy Marketed Products 91
Table 31: Venosan's Compression Therapy Product Portfolio SWOT Analysis, 2015 92
Table 32: Sanyleg's Compression Therapy Marketed Products 93
Table 33: Sanyleg's Compression Therapy Product Portfolio SWOT Analysis, 2015 94
Table 34: Juzo's Compression Therapy Marketed Products 95
Table 35: Juzo's Compression Therapy Product Portfolio SWOT Analysis, 2015 96
Table 36: Daesung Maref's Compression Therapy Marketed Products 96
Table 37: Daesung Maref's Compression Therapy Product Portfolio SWOT Analysis, 2015 97
Table 38: Bio Compressions Systems Compression Therapy Marketed Products 98
Table 39: Bio Compression Systems' Compression Therapy Product Portfolio SWOT Analysis, 2015 99
Table 40: Smith and Nephew's Compression Therapy Marketed Products 100
Table 41: Smith and Nephew's Compression Therapy Product Portfolio SWOT Analysis, 2015 101
Table 42: Molnlycke's Health Care Compression Therapy Marketed Products 102
Table 43: Molnlycke's Compression Therapy Product Portfolio SWOT Analysis, 2015 103
Table 44: Gloria Med's Compression Therapy Marketed Products 104
Table 45: Gloria Med's Compression Therapy Product Portfolio SWOT Analysis, 2015 105
Table 46: B. Braun Compression Therapy Marketed Products 105
Table 47: B. Braun's Compression Therapy Product Portfolio SWOT Analysis, 2015 106
Table 48: Alcare's Compression Therapy Marketed Products 106
Table 49: Alcare Compression Therapy Product Portfolio SWOT Analysis, 2015 107
Table 50: Derma Sciences' Compression Therapy Marketed Products 107
Table 51: Derma Sciences' Compression Therapy Product Portfolio SWOT Analysis, 2015 108
Table 52: Urgo's Compression Therapy Marketed Products 109
Table 53: Urgo's Compression Therapy Product Portfolio SWOT Analysis, 2015 109
Table 54: Systagenix's Compression Therapy Marketed Products 110
Table 55: Systagenix's Compression Therapy Product Portfolio SWOT Analysis, 2015 110
Table 56: Muranaka's Medical Instruments Compression Therapy Marketed Products 111
Table 57: ConvaTec Compression Therapy Marketed Products 111
Table 58: ConvaTec's Compression Therapy Product Portfolio SWOT Analysis, 2015 112
Table 59: Xiamen Senyang's Compression Therapy Marketed Products 112
Table 60: Xiamen Senyang's Compression Therapy Product Portfolio SWOT Analysis, 2015 113
Table 61: Guangzhou Yihao Electronic Technology Compression Therapy Marketed Products 113
Table 62: Guangzhou Yihao's Compression Therapy Product Portfolio SWOT Analysis, 2015 114
Table 63: Talley Group Compression Therapy Marketed Products 114
Table 64: Talley Group's Compression Therapy Product Portfolio SWOT Analysis, 2015 115
Table 65: Cardinal Health's Compression Therapy Marketed Products 115
Table 66: Cardinal Health's Compression Therapy Product Portfolio SWOT Analysis, 2015 116
Table 67: Tactile Medical's Compression Therapy Marketed Products 116
Table 68: Tactile Medical's Compression Therapy Product Portfolio SWOT Analysis, 2015 117
Table 69: Devon Medical's Compression Therapy Marketed Products 118
Table 70: Devon Medical's Compression Therapy Product Portfolio SWOT Analysis, 2015 119
Table 71: Compression Garments SWOT Analysis, 2015 120
Table 72: Compression Bandages SWOT Analysis, 2015 121
Table 73: Anti-Embolism Stockings SWOT Analysis, 2015 122
Table 74: Pneumatic Compression Therapy SWOT Analysis, 2015 122
Table 75: Covidien (Medtronic) Company Profile 131
Table 76: Covidien (Medtronic) SWOT Analysis, 2015 132
Table 77: Sigvaris Company Profile 133
Table 78: Sigvaris SWOT Analysis, 2015 134
Table 79: BSN Medical Company Profile 134
Table 80: BSN Medical SWOT Analysis, 2015 135
Table 81: Medi Company Profile 136
Table 82: Medi SWOT Analysis, 2015 136
Table 83: Innothera Company Profile 137
Table 84: Innothera SWOT Analysis, 2015 137
Table 85: 3M Company Profile 138
Table 86: 3M SWOT Analysis, 2015 139
Table 87: Thuasne Company Profile 140
Table 88: Thuasne SWOT Analysis, 2015 140
Table 89: Paul Hartmann Company Profile 141
Table 90: Paul Hartmann SWOT Analysis, 2015 142
Table 91: Mego Afek Company Profile 142
Table 92: Mego Afek SWOT Analysis, 2015 143
Table 93: Medline Company Profile 144
Table 94: Medline SWOT Analysis, 2015 145
Table 95: ArjoHuntleigh Company Profile 146
Table 96: ArjoHuntleigh SWOT Analysis, 2015 147
Table 97: DJO Global Company Profile 148
Table 98: DJO Global SWOT Analysis, 2015 148
Table 99: Lohmann and Rauscher Company Profile 149
Table 100: Lohmann and Rauscher SWOT Analysis, 2015 150
Table 101: Venosan (Salzmann) Company Profile 150
Table 102: Venosan (Salzmann) SWOT Analysis, 2015 151
Table 103: Sanyleg (Mimosa) Company Profile 152
Table 104: Sanyleg (Mimosa) SWOT Analysis, 2015 152
Table 105: Juzo Company Profile 153
Table 106: Juzo SWOT Analysis, 2015 153
Table 107: Daesung Maref Company Profile 154
Table 108: Daesung Maref SWOT Analysis, 2015 154
Table 109: Bio Compression Systems Company Profile 155
Table 110: Bio Compression Systems SWOT Analysis, 2015 155
Table 111: Smith and Nephew Company Profile 156
Table 112: Smith and Nephew SWOT Analysis, 2015 157
Table 113: Molnlycke Company Profile 158
Table 114: Molnlycke SWOT Analysis, 2015 159
Table 115: Gloria Med Company Profile 159
Table 116: Gloria Med SWOT Analysis, 2015 160
Table 117: B. Braun Company Profile 161
Table 118: B. Braun SWOT Analysis, 2015 162
Table 119: Alcare Company Profile 163
Table 120: Alcare SWOT Analysis, 2015 163
Table 121: Derma Sciences Company Profile 164
Table 122: Derma Sciences SWOT Analysis, 2015 165
Table 123: Laboratoires Urgo Company Profile 166
Table 124: Laboratoires Urgo SWOT Analysis, 2015 166
Table 125: Systagenix Company Profile 167
Table 126: Systagenix SWOT Analysis, 2015 168
Table 127: Muranaka Medical Instruments Company Profile 168
Table 128: Muranaka Medical Instruments SWOT Analysis, 2015 169
Table 129: ConvaTec Company Profile 170
Table 130: ConvaTec SWOT Analysis, 2015 171
Table 131: Xiamen Senyang Company Profile 171
Table 132: Xiamen Senyang SWOT Analysis, 2015 172
Table 133: Guangzhou Yihao Electronic Technology Company Profile 172
Table 134: Guangzhou Yihao SWOT Analysis, 2015 173
Table 135: Talley Group Company Profile 173
Table 136: Talley Group SWOT Analysis, 2015 174
Table 137: Cardinal Health Company Profile 174
Table 138: Cardinal Health SWOT Analysis, 2015 175
Table 139: Tactile Medical Company Profile 176
Table 140: Tactile Medical SWOT Analysis, 2015 176
Table 141: Devon Medical Company Profile 177
Table 142: Devon Medical SWOT Analysis, 2015 177
Table 143: Other Current Players 178
Table 144: EU5 Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 183
Table 145: France Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 185
Table 146: France Market Value Forecast by Market Segment for Static Compression Therapy, $m, 2011-2021 187
Table 147: Germany Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 188
Table 148: Germany Market Value Forecast by Market Segment for Static Compression Therapy, $m, 2011-2021 190
Table 149: Italy Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 191
Table 150: Italy Market Value Forecast by Market Segment for Static Compression Therapy, $m, 2011-2021 193
Table 151: Spain Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 194
Table 152: Spain Market Value Forecast by Market Segment for Static Compression Therapy, $m, 2011-2021 196
Table 153: UK Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 197
Table 154: UK Market Value Forecast by Market Segment for Static Compression Therapy, $m, 2011-2021 199

1.2 List of Figures
Figure 1: Virchow's Triad 23
Figure 2: 5EU Company Market Shares for Static Compression Therapy, 2014 180
Figure 3: 5EU Company Market Shares for Pneumatic Compression Therapy, 2014 181
Figure 4: 5EU Market Value Forecast by Market Segment for Compression Therapy, 2011-2021 182
Figure 5: 5EU Compression Therapy Market Share Comparison by Country, 2014 and 2021 184
Figure 6: France Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 185
Figure 7: France Market Value Forecast by Market Segment for Static Compression Therapy, $m, 2011-2021 186
Figure 8: Germany Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 188
Figure 9: Germany Market Value Forecast by Market Segment for Static Compression Therapy, $m, 2011-2021 189
Figure 10: Italy Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 191
Figure 11: Italy Market Value Forecast by Market Segment for Static Compression Therapy, $m, 2011-2021 192
Figure 12: Spain Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 194
Figure 13: Spain Market Value Forecast by Market Segment for Static Compression Therapy, $m, 2011-2021 195
Figure 14: UK Market Value Forecast by Market Segment for Compression Therapy, $m, 2011-2021 197
Figure 15: UK Market Value Forecast by Market Segment for Static Compression Therapy, $m, 2011-2021 198

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