The US Lymphedema Market: Size & Forecasts with Impact Analysis of Covid-19 (2020-2024 Edition)
The major players dominating the US Lymphedema market are Tactile Systems Technology Inc., Bio Compression System, Lympha Press (Mego Afek) and Essity (BSN Medical). The four companies have been profiled in the report.
By: Daedal Research
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US lymphedema market has also been forecasted for the years 2020-2024, taking into consideration the previous growth pattern, the growth drivers and the current and future trends.
Tactile Systems Technology Inc
Bio Compression System
Lympha Press (Mego Afek)
Essity (BSN Medical)
There are two types of lymphedema: Primary Lymphedema and Secondary Lymphedema. Primary lymphedema is detected in the children and it is generally the result of an error in the development of the lymphatic system. Secondary lymphedema represents more than 99% of the total cases. It occurs due to the cancer treatment or surgery, resulting in the removal of lymph nodes.
The US Lymphedema market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2020-2024). The market is expected to be driven by various growth enhancing factors such as growing prevalence of breast cancer, increasing obesity, rise in urban population, escalating healthcare expenditure, rising prevalence of arthritis, and surge in the disposable income.
However, the market is not free from challenges that are hindering its growth. Some of the major challenges faced by the market are high cost involved, improvement in cancer treatment, and lack of awareness.
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