North America 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)

Code: TIPRE00024072 | Pages: 121 | Industry: Medical Device | Date: Aug 2021
Covid

Market Introduction

The North America home sequential compression devices market is divided into the US, Canada, and Mexico. North America is likely to capture significant share of the global market in 2021, The key factors that are driving the growth of the significantly by rising number of orthopedic and spinal surgeries; growing number of patients suffering from DVT, varicose veins, and lymphedema; increasing incidence of sports injuries; and the presence of a number of compression therapy product manufacturers in the region. 

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.       


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Market Overview and Dynamics

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. Sequential compression devices are comparatively expensive, and thus their use contradicts the patients’ preference for low-cost treatment options. Moreover, the users may not need these devices for long enough to spend high amounts on them. The disorders such as deep vein thrombosis is observed during the pregnancy. The condition is expected to last for a limited time and needs therapy for a specific which varies based on the nature of and condition of the patient. span. In response to this observation, medical device providers have started offering home sequential compression devices on rent at reasonable charges. For instance, Medcom Group, US, offers high-quality and durable medical and rehab equipment and services, including rental services for medical and rehab equipment. It offers Medcom Shoulder CPM – 2-Week Rental (with 3–8-week options available) and PS1 Pronation/Supination CPM – 2 Week Rental (with 3–8-week options available), and other products. Thus, device rental is likely to emerge as a significant trend in the home sequential compression devices market in the coming years.   

Key Market Segments

The North America home sequential compression devices market is segmented on the bases of device type, type, application, and country. The North America 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. North America 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 North America 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 North America home sequential compression devices market, by country is segmented into US, Canada, and Mexico.

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 North America 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; BIOCOMPRESSION SYSTEMS; Breg Inc.; Cardinal Health Inc; DJO Global, Inc.; DSMAREF CO.LTD; Mego Afek ltd.; Precision Medical Products; and Tactile Medical.     

Reasons to buy report

  • To understand the North America home sequential compression devices market landscape and identify market segments that are most likely to guarantee a strong return.
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America home sequential compression devices market.
  • Efficiently plan M&A and partnership deals in North America home sequential compression devices market by identifying market segments with the most promising probable sales.
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America home sequential compression devices market.
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.

North America Home Sequential Compression Devices Market Segmentation

North America Home Sequential Compression Devices Market - By Device Type

  • Simultaneous Sequential Compression Device (SSCD))
  • Alternate Sequential Compression Device (ASCD)

North America Home Sequential Compression Devices Market - By Type

  • Standard
  • Portable

North America Home Sequential Compression Devices Market - By Application

  • Deep Vein Thrombosis (DVT)
  • Lymphedema Management
  • Chronic Venous Insufficiency (CVI)

North America Home Sequential Compression Devices Market - By Country

  • US
  • Canada
  • Mexico

North America Home Sequential Compression Devices Market - Company Profiles  

  • AIROS Medical      
  • Arjo Medical Devices        
  • BIOCOMPRESSION SYSTEMS      
  • Breg Inc.    
  • Cardinal Health Inc         
  • DJO Global, Inc.    
  • DSMAREF CO.LTD           
  • Mego Afek ltd.      
  • Precision Medical Products         
  • Tactile Medical
 

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        North America Home Sequential Compression Devices Market – By Device Type

1.3.2        North America Home Sequential Compression Devices Market – By Type

1.3.3        North America Home Sequential Compression Devices Market – By Application

1.3.4        North America Home Sequential Compression Devices Market– By Country

2.           North America Home Sequential Compression Devices Market – Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Home Sequential Compression Devices Market– Market Landscape

4.1         Overview

4.2         North America PEST Analysis

4.3         Experts Opinion

5.           North America Home Sequential Compression Devices Market – Key Market Dynamics

5.1         Drivers

5.1.1        Occurrence of Lymphatic and Venous Disorders

5.1.2        Simplification of Sequential Compression Devices Use and Rising Awareness About Medical Coverage for Venous Insufficiency Treatments

5.2         Market Restraints

5.2.1        Presence of Other Therapies

5.3         Future Trends

5.3.1        Home Care Settings Using Rental Services for Medical Devices

5.3.2        Latest Improvisation in Sequential Compression Devices

5.4         Impact Analysis

6.           Home Sequential Compression Devices Market– North America Analysis

6.1         North America Home Sequential Compression Devices Market Revenue Forecast and Analysis

7.           North America Home Sequential Compression Devices Market Analysis – By Device Type

7.1         Overview

7.2         North America 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.           North America Home Sequential Compression Devices Market Analysis – By Type

8.1         Overview

8.2         North America 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.           North America Home Sequential Compression Devices Market Analysis – By Application

9.1         Overview

9.2         North America 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.        North America Home Sequential Compression Devices Market Country Analysis

10.1      North America: Home Sequential Compression Devices Market

10.1.1     Overview

10.1.2     North America: Home Sequential Compression Devices Market, by Country, 2021 & 2028 (%)

10.1.3     US: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (USD Million)

10.1.3.1       US: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (USD Million)

10.1.3.2       US Home Sequential Compression Devices Market, by Device Type – Revenue and Forecast to 2028 (USD Million)

10.1.3.3       US Home Sequential Compression Devices Market, by Type– Revenue and Forecast to 2028 (USD Million)

10.1.3.4       US Home Sequential Compression Devices Market, by Application– Revenue and Forecast to 2028 (USD Million)

10.1.4     Canada: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (USD Million)

10.1.4.1       Canada: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (USD Million)

10.1.4.2       Canada Home Sequential Compression Devices Market, by Device Type – Revenue and Forecast to 2028 (USD Million)

10.1.4.3       Canada Home Sequential Compression Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)

10.1.4.4       Canada Home Sequential Compression Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.1.5     Mexico: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (USD Million)

10.1.5.1       Mexico: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (USD Million)

10.1.5.2       Mexico Home Sequential Compression Devices Market, by Device Type – Revenue and Forecast to 2028 (USD Million)

10.1.5.3       Mexico Home Sequential Compression Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)

10.1.5.4       Mexico Home Sequential Compression Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)

11.        Impact of COVID-19 Pandemic on North America Home Sequential Compression Devices Market

11.1      North America: 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      BIOCOMPRESSION SYSTEMS

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      DJO Global, Inc.

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      DSMAREF CO.LTD

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      Precision Medical Products

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      AIROS Medical

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      Breg Inc.

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

13.8      Mego Afek ltd.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Arjo Medical Devices

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   Tactile Medical

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Glossary of Terms

LIST OF TABLES

Table 1.             US Home Sequential Compression Devices Market, by Device Type – Revenue and Forecast to 2028 (USD Million)

Table 2.             US Home Sequential Compression Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 3.             US Home Sequential Compression Devices Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 4.             Canada Home Sequential Compression Devices Market, by Device Type -Revenue and Forecast to 2028 (USD Million)

Table 5.             Canada Home Sequential Compression Devices Market, by Type - Revenue and Forecast to 2028 (USD Million)

Table 6.             Canada Home Sequential Compression Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 7.             Mexico Home Sequential Compression Devices Market, by Device Type -Revenue and Forecast to 2028 (USD Million)

Table 8.             Mexico Home Sequential Compression Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 9.             Mexico Home Sequential Compression Devices Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 10.          Organic Developments Done by Companies

Table 11.          Inorganic Developments Done by Companies

Table 12.          Glossary of Terms, Home Sequential Compression Devices Market

LIST OF FIGURES

Figure 1.           North America Home Sequential Compression Devices Market Segmentation

Figure 2.           North America Home Sequential Compression Devices Segmentation, By Country

Figure 3.           North America Home Sequential Compression Devices Market Overview

Figure 4.           Simultaneous Sequential Compression Device (SSCD)) Held the Largest Share of the Type Segment in North America Home Sequential Compression Devices Market

Figure 5.           US to Show Significant Growth During Forecast Period

Figure 6.           North America PEST Analysis

Figure 7.           North America Home Sequential Compression Devices Market: Impact Analysis of Drivers and Restraints

Figure 8.           North America Home Sequential Compression Devices Market– Revenue Forecast and Analysis – 2019- 2028

Figure 9.           North America Home Sequential Compression Devices Market Revenue Share, by Device Type (2021 and 2028)

Figure 10.        North America Alternate Sequential Compression Device (ASCD): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        North America Simultaneous Sequential Compression Device (SSCD): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        North America Home Sequential Compression Devices Market, by Type 2021 & 2028 (%)

Figure 13.        North America Standard: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        North America Portable: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        North America Home Sequential Compression Devices Market Revenue Share, by Application (2021 and 2028)

Figure 16.        North America Deep Vein Thrombosis (DVT): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        North America Lymphedema Management: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        North America Chronic Venous Insufficiency (CVI): Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        North America Others: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        North America: Home Sequential Compression Devices Market, by Key Country – Revenue (2021) (USD Million)

Figure 21.        North America: Home Sequential Compression Devices Market, by Country, 2021 & 2028 (%)

Figure 22.        US: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 23.        Canada: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 24.        Mexico: Home Sequential Compression Devices Market – Revenue and Forecast to 2028 (USD Million)

Figure 25.        Impact of COVID-19 Pandemic in North American Countries Markets

Figure 26.        Growth Strategies Done by the Companies in the Market, (%)

 

  1. AIROS Medical      
  2. Arjo Medical Devices        
  3. BIOCOMPRESSION SYSTEMS      
  4. Breg Inc.    
  5. Cardinal Health Inc         
  6. DJO Global, Inc.    
  7. DSMAREF CO.LTD           
  8. Mego Afek ltd.      
  9. Precision Medical Products         
  10. Tactile Medical
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