How long should a compression bandage be left on?

I'm curious to know, how long is the recommended duration for keeping a compression bandage in place? Is there a specific timeframe that's typically advised, or does it vary depending on the injury or medical condition? And, if so, what are some factors that could influence how long a compression bandage should stay on? Additionally, are there any potential risks or side effects associated with leaving a compression bandage on for too long or taking it off too soon?