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North America Home Sequential Compression Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Device Type, Type, and Application

North America Home Sequential Compression Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Device Type, Type, and Application

  • August 2021
  • 121 pages
  • ID: 6134389
  • Format: PDF
  • The Insight Partners

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The home sequential compression devices market in North America is expected to grow from US$ 428.66 million in 2021 to US$ 691.88 million by 2028; it is estimated to grow at a CAGR of 7.1% from 2021 to 2028.

Venous insufficiency disorders can be treated by procedures such as compression stockings and wraps, venopneumatic compression pumps, minimally invasive venous ablation, and radiofrequency ablation.Sequential compression devices operate through automatic and sequential expansion and collapse to drive fluids back into the veins as well as to push these fluids back to heart from the lower parts of the body.

The sequential compression pumps are widely used in hospitals, clinics, and home care settings.Patients need to place their affected legs in unique sleeves connected to a portable pump.

These sleeves consist of built-in chambers that fill with air and then deflate sequentially to push fluids toward desired directions.Thus, these devices are simple to use; healthcare providers educate the patients about the use of home sequential compression devices.

Moreover, owing to the ongoing COVID-19 pandemic, patients prefer taking medical treatments at home to avoid the risk of COVID-19 infection. The awareness about health insurance coverage for venous insufficiency treatments by different health insurance schemes further fuels the home sequential compression devices market growth. For instance, the UnitedHealthcare Medicare, one of the leading insurance providers in the US, offers coverage for the at-home use of pneumatic compression devices to treat lymphedema. Additionally, occurrence of lymphatic and venous disorders is among the other factors expected to fuel the demand for home sequential compression devices system in North America.

Based on device type, the simultaneous sequential compression device segment led the North America home sequential compression devices system market in 2021.Simultaneous sequential compression device (SSCD) that can compress both limbs simultaneously and sequentially.

SCCD works by stimulating calf muscle contraction through a series of timed, coordinated electrical pulses to the neuromuscular junction.This generates a sequential, peristaltic series of contractions from distal to proximal, stimulating enhanced blood flow in both venous return and arterial inflow.

Therapeutic intervention included use of the FlowAid FA-100 SCCD set to the arterial setting.The SCCD is a self-contained device that stimulates contraction of the calf muscles via application of four electrodes to the posterior of the leg.

Also, a research study published in 2016 by medical research, Sequential contraction compression device (SCCD) therapy addresses many of the compliance issues of IPC use.

The fear of COVID-19 has hit the business across the world.COVID-19 virus outbreak was first observed in December 2019 in Wuhan (China), and it has spread to ~100 countries across the world, with the World Health Organization (WHO) stating it as a public health emergency.

The global impacts of COVID-19 are being felt across several markets.Although the healthcare sector had witnessed SARS, H1N1, and other outbreaks in the last few years, the severity of the COVID-19 has made the situation more complicated due to its mode of transmission.

North America has been witnessing a growing number of COVID-19 cases since its outbreak.For instance, according to Worldometer, the number of cases increased to 34,540,845, with 620,249 deaths reported in the US as of July 1st, 2021.

The cases are also increasing in Mexico and Canada. In Mexico, the cases have reached 2,519,269, with 233,047 deaths. Similarly, in Canada, there are about 1,415,284 COVID cases, with 26,295 deaths reported so far. The chaotic situation was created in the medical industry across the countries, the demand for diagnostics and therapeutic devices have dramatically increased in all healthcare settings. Home based diagnostic and therapeutic has also witnessing surge in demand. This is expected to support home sequential compression devices market growth, as most of the individuals opting for home care therapeutics due to fear of hospital acquired infection.

The overall North America home sequential compression devices system market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the North America home sequential compression devices system market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the North America. AIROS Medical; Arjo Medical Devices; BIOCOMPRESSION SYSTEMS; Breg Inc.; Cardinal Health Inc; DJO Global, Inc.; DSMAREF CO.LTD; Mego Afek ltd.; Precision Medical Products; and Tactile Medical are among the key players operating in the North America home sequential compression devices system market.

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