The wound care management market comprises of dressings, equipment and other aids to prevent and treat wounds and quicken or promote wound healing. Compression garments are tight-fitting, elastic garments which exert graduated pressure over certain areas of the body that ensures continuous blood flow throughout the veins by increasing venous return and reduce peripheral swelling. Compression bandages are bandages wrapped with gradient pressure for the prevention and treatment of deep vein thrombosis, venous thromboembolism, varicose veins, venous leg ulcers and cancer related lymphedema. GlobalData uses proprietary data and analytics to provide a comprehensive report on the compression garments and bandages devices market, including market shares of different players within South Korea. Buy the latest report here.

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In 2022, GlobalData’s Market Model methodology determined that the leading player in the compression garments and bandages market in South Korea was Cardinal Health followed by BSN medical, 3M, Sigvaris, Lohmann & Rauscher, Paul Hartmann, Thuasne, Smith & Nephew, Molnlycke Health Care, DJO Global, medi and Medline Industries.

Compression Garments are designed to restore and promote normal fluid circulation. Compression bandages with different levels of compression are available; light, moderate, high and extra-high performance. The type of bandage used depends on the severity of the swelling and how much pressure needs to be applied. Compression bandages are useful if there are active ulcers as once the wound is cleaned and dressed the bandage can be easily wrapped around the leg from the toes to the calf.

Following the widespread disruption resulting from the COVID-19 pandemic to the broader medical devices market during 2020 and 2021, the value of the compression garments and bandages devices market within South Korea was expected to be over $40m in 2022.

For the latest complete market share analysis of compression garments and bandages device market in South Korea, buy the report here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. 

The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.