Research Methodology – Compression Therapy Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Compression Therapy Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Compression Therapy Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share:
- The prevalence of diseases requiring compression therapy such as chronic venous insufficiency, deep vein thrombosis, lymphedema, and other vascular diseases.
- The total number of medical procedures or surgeries conducted that necessitate post-operative compression therapy.
- Demographics: The age and gender distribution in the population. Older population or those at risk of developing vascular diseases contribute significantly to the market size.
- Technological advancements in compression therapy devices and their adoption rate.
- Healthcare expenditure and the insurance coverage in different regions.
- Competitor activities such as new product launches, mergers and acquisitions, partnerships, etc.
2 Key Market Indicators:
- The annual sales volume and revenue generated by the key players in the compression therapy market.
- The growth rate of the patient population requiring compression therapy.
- Government healthcare expenditure and regulations affecting the compression therapy market.
- Market penetration of compression therapy products in potential markets.
- Patient satisfaction and their preference for compression therapy methods.
- New product development and innovation in compression therapy.
3 Growth Trends:
- Increasing awareness about the effectiveness of compression therapy in treating various conditions.
- Advancements in technology leading to the development of more comfortable and effective compression devices.
- Increase in disposable income and healthcare expenditure in developing nations.
- Growth in the geriatric population who are more prone to vascular diseases.
- Increasing preference for non-invasive treatments.
- Rising number of surgical procedures requiring post-operative compression therapy.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Compression Therapy Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Compression Therapy Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights