The compression therapy market is projected to grow at a rate of 6.1% annually, reaching USD 6,154 million by 2030. This growth is largely driven by the increasing number of patients suffering from conditions such as lymphedema, diabetes, deep vein thrombosis (DVT), and varicose veins.

For instance, around 50% of individuals in the U.S. over the age of 50 suffer from varicose veins, according to the Chicago Vein Institute. Compression garments have historically dominated the market and are expected to continue growing at a rate of 6.6% in the coming years. These garments serve multiple purposes, being widely used for treating conditions like lymphedema, thrombosis, varicose veins, deep vein issues, and hypotension.

Compression garments are specialized clothing made from elastomeric fibers and yarns designed to apply mechanical pressure to targeted body areas. They are used to compress, support, and stabilize underlying tissues and have been studied for their utility in sports, medicine, and body shaping.

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Static compression therapy accounted for around 66% of the market in 2022, primarily due to its effectiveness and ease of use in treating chronic venous insufficiency, edema, and chronic pain. Increased awareness of this non-invasive treatment is further boosting its adoption, especially in developing economies, where funding is focused on improving care for patients with chronic conditions.

Dynamic compression therapy, projected to grow at a faster rate of 6.2%, is gaining traction due to recent product approvals and advancements, facilitating the commercialization of these treatments.

North America held the largest market share at approximately 44% in 2022 and is set to maintain strong growth, driven by rising awareness of compression therapy, an increase in orthopedic surgeries, and the strong presence of leading compression therapy manufacturers.

Additionally, the growing number of road accidents is expected to increase the adoption of compression therapy for injury recovery. The U.S., with nearly 284 million vehicles on the road, experiences significant traffic-related accidents. In 2022, there were 20,175 fatalities from motor vehicle crashes, up 0.5% from the previous year, according to the National Highway Traffic Safety Administration.

As the global elderly population continues to rise, the demand for compression therapy procedures is expected to grow steadily in the coming years.