A dressing for applying compression to a wound in a patient includes a bladder having a non-deformable end wall and a deformable membrane. The dressing may include a flexible web having an adhesive layer on one side thereof for securing the dressing to the patient so as to hold the bladder against the patient's skin. Upon inflation, the deformable membrane projects towards the patient's skin and exerts pressure on the wound to reduce the flow of blood from the wound.