Overview and Scope
Intermittent pneumatic compression (IPC) devices are inflatable sleeves designed to prevent blood clots by applying external pressure to the legs using compressed air and a pump. They consist of cuffs that periodically inflate and deflate, promoting blood flow by compressing and releasing the affected area. It is commonly used to improve limb circulation, prevent deep vein thrombosis (DVT), and manage conditions such as lymphedema.
Sizing and Forecast
The intermittent pneumatic compression (ipc) devices market size has grown rapidly in recent years. It will grow from $1.31 billion in 2023 to $1.44 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to improved disease understanding, increased awareness and diagnosis, changing healthcare policies, collaborations in clinical trials, supportive patient advocacy, physician education programs..
The intermittent pneumatic compression (ipc) devices market size is expected to see strong growth in the next few years. It will grow to $2.01 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to growing patient pool, increased focus on patient quality of life, expanding research collaborations, global health initiatives, increasing healthcare access.. Major trends in the forecast period include emergence of targeted therapies, development of oral and injectable medications, investigation of immune modulation strategies, introduction of disease-modifying agents, focus on personalized medicine approaches..
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Segmentation & Regional Insights
The intermittent pneumatic compression (ipc) devices market covered in this report is segmented –
1) By Type: Deep Vein Thrombosis (DVT), Pulmonary Embolism (PE)
2) By Distribution Channel: Clinics, Pharmacies, Online Channels, Other Offline Channels
3) By Application: Home Use, Hospital
North America was the largest region in the intermittent pneumatic compression (IPC) devices market in 2023. The regions covered in the intermittent pneumatic compression (ipc) devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing number of patients with spinal cord injuries is expected to propel the growth of the intermittent pneumatic compression (IPC) devices market going forward. A spinal cord injury is a damage to the spinal cord that results in loss of function, typically causing varying degrees of paralysis and sensory impairment below the level of the injury. Intermittent pneumatic compression (IPC) devices are employed in spinal cord injury management to prevent deep vein thrombosis (DVT) by promoting blood circulation through sequential compression of the lower limbs. For instance, in 2023, according to the National Spinal Cord Injury Statistical Center, a US-based government organization, roughly 18,000 new cases of spinal cord injuries are reported annually in the United States. The annual incidence rate of spinal cord injuries is approximately 54 cases per 1 million people. Therefore, the growing number of patients with spinal cord injuries is driving the growth of the intermittent pneumatic compression (IPC) devices market.
Key Industry Players
Major companies operating in the intermittent pneumatic compression (ipc) devices market report are Cardinal Health Inc., 3M Company, Medtronic PLC, Stryker Corporation, Tyco International PLC, Medline Industries LP, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Getinge AB, Enovis Corporation, Arjo AB, Tactile Systems Technology Inc., ThermoTek Inc., Encompass Group LLC, Hyperice Inc., Breg Inc., Currie Medical Specialties Inc., ManaMed Inc., Bio Compression Systems Inc., Direct Healthcare Group Ltd., Devon Medical Inc., Mego Afek A.C. Ltd., BSN medical GmbH, Compression Therapy UK Limited, Air Relax Inc., Innova Medical Group Inc.</b
The intermittent pneumatic compression (ipc) devices market report table of contents includes:
1. Executive Summary
2. Intermittent Pneumatic Compression (IPC) Devices Market Characteristics
3. Intermittent Pneumatic Compression (IPC) Devices Market Trends And Strategies
4. Intermittent Pneumatic Compression (IPC) Devices Market – Macro Economic Scenario
5. Global Intermittent Pneumatic Compression (IPC) Devices Market Size and Growth
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32. Global Intermittent Pneumatic Compression (IPC) Devices Market Competitive Benchmarking
33. Global Intermittent Pneumatic Compression (IPC) Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Intermittent Pneumatic Compression (IPC) Devices Market
35. Intermittent Pneumatic Compression (IPC) Devices Market Future Outlook and Potential Analysis
36. Appendix
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