India Static Compression Therapy Market Current and Future Industry Landscape Analysis 2026

Strong demand from diabetics and geriatric population will continue to drive the growth of the India static compression therapy market in 2016. Demand will also grow on account of rising incidence of venous ulcers and other vein diseases. Compression bandages will continue to outsell compression garments, with the former accounting for a revenue share of over 60% in 2015. Overall, the India static compression therapy market is anticipated to rake in US$ 112 Mn in revenues in 2016.

Retail pharmacies will remain the dominant distribution channel, accounting for over 62% revenue share of the market in 2016. Valued at US$ 63 Mn in 2015, the retail pharmacies distribution channel will grow at 7.4% in terms of revenues to reach US$ 67.6 Mn in revenues in 2016.

For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-in-1680 

Sales of compression therapy products and services are also growing through online channels. Online pharmacies are leveraging on offering doorstep delivery and competitive pricing to appeal to end-users. Sales through online pharmacies totalled US$ 39.9 Mn in 2015, and are expected to grow at 5.5% in 2016 to reach US$ 42.11 Mn.

Several players are anticipated to enter the India static compression therapy market, considering the steady growth that the market is currently experiencing. 3M Co., BSN Medical, Sigvaris AG, and Vissco Healthcare are some of the leading players in the India static compression therapy market.

The key players in the India static compression therapy market are focusing on establishing the distribution channels and creating awareness about the benefits of compression stocks among patients. Coban 2 Lite Compression Systems, Jobst, and Vissco Platinum are some of the well-known static compression therapy products available in the market.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/askus/rep-in-1680 

Long-term Outlook: The long-term outlook on the India static compression therapy market is positive, with total revenues expected to increase at a CAGR of 7.2% during the forecast period 2015-2025.

Key Segments Covered

By Product Type

• Compression Bandages
• Compression Garments
  • Upper Garments
  • Lower Garments

By Distribution Channel

• Retail Pharmacies
• Online Pharmacies

For Read More Related Insights:

https://rigenrin.tribe.so/post/knee-reconstruction-market-business-opportunities-top-manufacture-growth-sh–62a2ef4bb4bc2365bae5d44d

https://mayokodozite.tribe.so/post/knee-reconstruction-market-analysis-by-key-players-share-revenue-trends-siz–62a2ef4d484b49b43916a8e1

https://howtolive.tribe.so/post/knee-reconstruction-market-development-analysis-and-demand-2031-a-rapidly-g–62a2ef517c704f5967ca44f5

https://speaknow.tribe.so/post/knee-reconstruction-market-assessment-opportunity-forecast-till-2031-a-rapi–62a2ef5312f39c227330bd16

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs