India Static Compression Therapy Market Growth Accelerated by Rising Geriatric Population
Static Compression Therapy Market Static compression therapy consists of compression garments and compression bandages that help support veins and lymph vessels to reduce pressure and swelling in the arms and legs. These products are used for treatment of venous diseases, sports injuries, post-surgery recovery, and prevention of deep vein thrombosis. The increasing incidences of chronic venous diseases and sports injuries have generated the need for static compression therapy products. India static compression therapy market is estimated to be valued at US$ 185 million in 2023 and is expected to exhibit a CAGR of 9.7% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The rising geriatric population is one of the key trends driving the growth of India static compression therapy market. As per a United Nations report, India's population aged 60 years and above is projected to grow to around 300 million by