Europe Home Sequential Compression Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Device Type (Alternate Sequential Compression Device (ASCD) and Simultaneous Sequential Compression Device (SSCD)), Type (Standard and PORTABLE), and Application (Deep Vein Thrombosis, Lymphedema Management, Chronic Venous Insufficiency (CVI), and Others)
Market Introduction
The Europe home sequential compression devices market includes the consolidated markets for France, Germany, United Kingdom, Spain, Italy, and Rest of Europe. Europe occupies a significant position in the global home sequential compression devices market and is expected to record vigorous growth rate during the forecast period. The growth of the market is attributed by the increasing incidence of diabetes increases the internal risk factors such as swelling of legs, ankles, and feet, which will lead to venous disorders. Such rising incidence rates of diabetes and other related chronic diseases, in turn, increases the patient pool, which drives the compression therapy market growth.
The European economy is severely affected due to the exponential growth of COVID-19 cases in the region. Spain, Italy, Germany, France, and the UK are among the most affected European countries. As per the Worldometer, as of July 1st, 2021, Spain, the UK, Italy, Germany, and France recorded 3,808,960; 4,800,907; 4,259,909; 3,736,223; and 5,775,301, respectively. Resulting from these situations, the regional government has announced the local restrictions in countries and ordered them to follow the lockdown rules. However, the demand for home medical devices has been increasing as there is fear of COVID-19 infection outside. The COVID-19 pandemic has resulted in diversion of healthcare resources including workforce, critical supplies, emergency, and intensive care unit (ICU) facilities to the management of patients infected with SARS-CoV-2 virus. Elective interventions and surgical procedures in most European countries have been postponed and operating room resources have been diverted to manage the pandemic. Limitations on direct personal contact and physical (social) distancing have influenced access to care. Patients with venous and lymphatic disorders or vascular anomalies continue to need expert care within current public health constraints. In addition, there is growing evidence that COVID-19 may predispose patients to both arterial and venous thromboembolic (VTE) disease and extensive coagulopathies further complicating the prognosis of the affected patients. To facilitate triage in this situation European Venous Forum (EVF) and European College of Phlebology (ECoP) in collaboration with various international organizations has developed Venous and Lymphatic Triage and Acuity Scale (VELTAS) to rationalize and harmonize the management of these patients during this difficult period. Such a factors will support home sequential compression device adoption and will have positive impact on market.
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Market Overview and Dynamics
The home sequential compression devices market in Europe is expected to grow from US$ 262.91 million in 2021 to US$ 405.94 million by 2028; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028. The home sequential compression devices market is characterized by the presence of various small and big companies. The market players adopt strategies such as new product launches, regional expansion, and technological advancements to increase their market share. Market players are investing in R&D to develop advanced technologies and gain more revenue share. For instance, in 2016, Cool Systems, Inc. developed ACCEL technology, helping integrate pneumatic compression and cold therapy. Also, the NormaTec recovery system designed by Normatec in 2016 uses the latest pulse technology for dynamic compression therapy. Moreover, Profore, a compression system developed by Smith & Nephew in 2015 comprises an extra padding layer to protect vulnerable areas such as the Achilles tendon and pretibial crest. Similarly, in December 2020, Tactile Medical has received 510(k) clearance for two new indications for the Flexitouch Plus system: phlebolymphedema and lipedema. Further, in June 2018, Arjo acquires ReNu Medical. ReNu Medical is a privately owned US company specializing in green reprocessing for single-use non-invasive medical devices. Moreover, in May 2019, Mego Afek ltd. has announced preliminary data for Lympha Press PCD-51 for the treatment of chronic venous stasis ulcers. In Addition, in July 2020, Breg, Inc. and UK-based distributor Joint Operations LLP entered a partnership to expand the delivery of its premium, high-value medical devices in the UK and Ireland market. Thus, these many advances in sequential compression devices are likely to act as a future trend in the market.
Key Market Segments
The Europe home sequential compression devices market is segmented on the bases of device type, type, application, and country. The Europe home sequential compression devices market, by type is segmented into alternate sequential compression device (ASCD), simultaneous sequential compression device (SSCD). The simultaneous sequential compression device (SSCD) segment held the largest share of the market in 2021. Europe home sequential compression devices market based on the type is segmented into standard and portable. In 2021, the standard segment is likely to hold the largest share of the market. The Europe home sequential compression devices market by application, is segmented into deep vein thrombosis (DVT), lymphedema management, chronic venous insufficiency (CVI) and others. The deep vein thrombosis (DVT), segment is likely to hold the largest share of the market in 2021. The Europe home sequential compression devices market, by country is segmented into France, Germany, Italy, UK, and Russia.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the home sequential compression devices market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AIROS Medical; Arjo Medical Devices; Breg Inc.; Cardinal Health Inc; DJO Global, Inc.; DSMAREF CO.LTD; and Mego Afek ltd.are.
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Europe Home Sequential Compression Devices Market Segmentation
Europe Home Sequential Compression Devices Market - By Device Type
- Simultaneous Sequential Compression Device (SSCD))
- Alternate Sequential Compression Device (ASCD)
Europe Home Sequential Compression Devices Market - By Type
- Standard
- Portable
Europe Home Sequential Compression Devices Market - By Application
- Deep Vein Thrombosis (DVT)
- Lymphedema Management
- Chronic Venous Insufficiency (CVI)
Europe Home Sequential Compression Devices Market - By Country
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
Europe Home Sequential Compression Devices Market - Company Profiles
- AIROS Medical
- Arjo Medical Devices
- Breg Inc.
- Cardinal Health Inc
- DJO Global, Inc.
- DSMAREF CO.LTD
- Mego Afek ltd.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Home Sequential Compression Devices Market – By Device Type
1.3.2 Europe Home Sequential Compression Devices Market – By Type
1.3.3 Europe Home Sequential Compression Devices Market – By Application
1.3.4 Europe Home Sequential Compression Devices Market– By Country
2. Europe Home Sequential Compression Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Home Sequential Compression Devices Market– Market Landscape
4.1 Overview
4.2 Europe PEST Analysis
4.3 Experts Opinion
5. Europe Home Sequential Compression Devices Market Key Market Dynamics
5.1 Drivers
5.1.1 Disorders Associated Lymphatic and Venous Problems
5.1.2 Simple Use of Sequential Compression Devices and Medical Coverage for Venous Insufficiency Treatments Is Increasingly Recognized
5.2 Market Restraints
5.2.1 Substitute Therapies Present
5.3 Future Trends
5.3.1 Various Rental Services for Medical Devices Being Used in Home Care Settings
5.3.2 Sequential Compression Devices Witnessing Latest Enhancements
5.4 Impact Analysis
6. Home Sequential Compression Devices Market– Europe Analysis
6.1 Europe Home Sequential Compression Devices Market Revenue Forecast and Analysis
7. Europe Home Sequential Compression Devices Market Analysis – By Device Type
7.1 Overview
7.2 Europe Home Sequential Compression Devices Market Revenue Share, by Device Type (2021 and 2028)
7.3 Alternate Sequential Compression Device (ASCD)
7.3.1 Overview
7.3.2 Alternate Sequential Compression Device (ASCD): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Simultaneous Sequential Compression Device (SSCD)
7.4.1 Overview
7.4.2 Simultaneous Sequential Compression Device (SSCD): Home Sequential Compression Devices Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Home Sequential Compression Devices Market Analysis – By Type
8.1 Overview
8.2 Europe Home Sequential Compression Devices Market, by Type 2021 & 2028 (%)
8.3 Standard
8.3.1 Overview
8.3.2 Standard: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Portable
8.4.1 Overview
8.4.2 Portable: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Home Sequential Compression Devices Market Analysis – By Application
9.1 Overview
9.2 Europe Home Sequential Compression Devices Market Revenue Share, by Application (2021 and 2028)
9.3 Deep Vein Thrombosis (DVT)
9.3.1 Overview
9.3.2 Deep Vein Thrombosis (DVT): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Lymphedema Management
9.4.1 Overview
9.4.2 Lymphedema Management: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Chronic Venous Insufficiency (CVI)
9.5.1 Overview
9.5.2 Chronic Venous Insufficiency (CVI): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Home Sequential Compression Devices Market Country Analysis
10.1.1 Overview
10.1.2 Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Country (%)
10.1.3 Germany Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.3.1 Germany Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.3.2 Germany Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type (US$ Mn)
10.1.3.3 Germany Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type (US$ Mn)
10.1.3.4 Germany Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application (US$ Mn)
10.1.4 UK Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.4.1 UK Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.4.2 UK Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type (US$ Mn)
10.1.4.3 UK Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type (US$ Mn)
10.1.4.4 UK Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application (US$ Mn)
10.1.5 France Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.5.1 France Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.5.2 France Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type (US$ Mn)
10.1.5.3 France Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type (US$ Mn)
10.1.5.4 France Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application (US$ Mn)
10.1.6 Italy Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.6.1 Italy Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.6.2 Italy Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type (US$ Mn)
10.1.6.3 Italy Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type (US$ Mn)
10.1.6.4 Italy Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application (US$ Mn)
10.1.7 Spain Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.7.1 Spain Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.7.2 Spain Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type (US$ Mn)
10.1.7.3 Spain Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type (US$ Mn)
10.1.7.4 Spain Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application (US$ Mn)
10.1.8 Rest of Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.8.1 Rest of Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
10.1.8.2 Rest of Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type (US$ Mn)
10.1.8.3 Rest of Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type (US$ Mn)
10.1.8.4 Rest of Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application (US$ Mn)
11. Impact of COVID-19 Pandemic on Europe Home Sequential Compression Devices Market
11.1 Europe: Impact Assessment Of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profiles
13.1 Cardinal Health Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 DJO Global, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 DSMAREF CO.LTD
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 AIROS Medical
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Breg Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mego Afek ltd.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Arjo Medical Devices
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Germany Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type US$ Mn)
Table 2. Germany Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type US$ Mn)
Table 3. Germany Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application US$ Mn)
Table 4. UK Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type US$ Mn)
Table 5. UK Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type US$ Mn)
Table 6. UK Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application US$ Mn)
Table 7. France Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type (US$ Mn)
Table 8. France Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type (US$ Mn)
Table 9. France Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application (US$ Mn)
Table 10. Italy Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type (US$ Mn)
Table 11. Italy Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type (US$ Mn)
Table 12. Italy Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application (US$ Mn)
Table 13. Spain Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type (US$ Mn)
Table 14. Spain Home Sequential Compression Devices Market, by Type – Revenue and Forecast to 2028 by Type (USD Million)
Table 15. Spain Home Sequential Compression Devices Market, by Application – Revenue and Forecast to 2028 by Application (USD Million)
Table 16. Rest of Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Device Type (US$ Mn)
Table 17. Rest of Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Type(US$ Mn)
Table 18. Rest of Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028, by Application (US$ Mn)
Table 19. Organic Developments Done by Companies
Table 20. Inorganic Developments Done by Companies
Table 21. Glossary of Terms, Home Sequential Compression Devices Market
LIST OF FIGURES
Figure 1. Europe Home Sequential Compression Devices Market Segmentation
Figure 2. Europe Home Sequential Compression Devices Segmentation, By Country
Figure 3. Europe Home Sequential Compression Devices Market Overview
Figure 4. Simultaneous Sequential Compression Device (SSCD)) Held the Largest Share of the Type Segment in Europe Home Sequential Compression Devices Market
Figure 5. Germany to Show Significant Growth During Forecast Period
Figure 6. Europe and PEST Analysis
Figure 7. Europe Home Sequential Compression Devices Market: Impact Analysis of Drivers and Restraints
Figure 8. Europe Home Sequential Compression Devices Market– Revenue Forecast and Analysis – 2019- 2028
Figure 9. Europe Home Sequential Compression Devices Market Revenue Share, by Device Type (2021 and 2028)
Figure 10. Europe Alternate Sequential Compression Device (ASCD): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Simultaneous Sequential Compression Device (SSCD): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Home Sequential Compression Devices Market, by Type 2021 & 2028 (%)
Figure 13. Europe Standard: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Portable: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Home Sequential Compression Devices Market Revenue Share, by Application (2021 and 2028)
Figure 16. Europe Deep Vein Thrombosis (DVT): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Lymphedema Management: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Chronic Venous Insufficiency (CVI): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Others: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe: Home Sequential Compression Devices Market Revenue Overview, by Country, 2021 (US$ MN)
Figure 21. Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028, By Country (%)
Figure 22. Germany Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. UK Home Sequential Compression Devices Products Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 24. France Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. Italy Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. Spain Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 27. Rest of Europe Home Sequential Compression Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. Impact of COVID-19 Pandemic in European Countries Markets
Figure 29. Growth Strategies Done by the Companies in the Market, (%)
- AIROS Medical
- Arjo Medical Devices
- Breg Inc.
- Cardinal Health Inc
- DJO Global, Inc.
- DSMAREF CO.LTD
- Mego Afek ltd.
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