How Will The Compression Therapy Devices Market Grow With Technological Advancements?

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How Will The Compression Therapy Devices Market
Grow With Technological Advancements?
Report Id PMRREP3064 Category Life Science
Healthcare
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North America to remain dominant in the global
parenteral medical nutrition market

• Globally, the market for compression therapy is
  witnessing significant growth due to the
  increasing prevalence of diabetes, growth of the
  aging population, high incidence of sports
  injuries, rising awareness about various venous
  diseases, and the advanced features of
  compression therapy garments and devices.
• However, inadequate reimbursement policies and
  the risk of complications associated with
  compression therapy systems inhibit the growth of
  the market. The global compression therapy market
  is anticipated to grow from an estimated USD
  2,377.8 million in 2014 to USD 3,232.3 million by
  2020 at a CAGR of 5.2 during the forecast
  period.
• North America dominates the compression therapy
  market due to increasing numbers of sports
  injuries in the region. For instance, according
  to Safe Kids Worldwide, a global organization
  dedicated to preventing injuries in children,
  every year about 1.3 million cases of sports
  injuries among youngsters are registered in the
  U.S. Increasing prevalence of diabetes, aging
  population, and rising obesity are also
  supporting the growth of compression therapy
  market in North America.

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