Compression Stockings Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Compression Stockings Market By Product Type (Thigh High, Knee High, Pantyhose/Maternity, and Waist Attachment), By Application (Ambulatory Patients, Post-Operative Patients, and Pregnant Women), and Geography

 

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Report

Description

Compression Stockings Market Size valued at USD 1.78 billion in 2021 and expected to reach a value of USD 2.76 billion by 2028, growing at a CAGR of 5.6% during the forecast period 2022-2028. The growing number of health-conscious consumers and patients suffering from venous disorders and the increased use of physical exercise as part of one’s daily routine and beauty consciousness are fueling the market growth. Additionally, compression garments’ stylish designs and comforting fabric have replaced traditional gym outfits such as T-shirts and shorts. Thus, such lifestyle changes have propelled the growth of the global market. Strategic collaborations are critical for the compression stockings market’s overall development. The women’s segment has a higher value share than the men’s segment because most compression stocking products are designed for female customers in the market. Compression stockings for women provide medical solutions for poor blood circulation in one’s leg, but they also have appealing designs, patterns, and colors that cater to target customers’ needs. Thigh-high compression stockings are one of the most popular stockings among females. The world’s growing geriatric population, combined with an increase in diabetes cases, are the primary factors expected to influence the growth of the compression stockings market. Furthermore, the rising prevalence of chronic diseases is expected to boost demand for compression stockings.

Recent Market Developments:

In January 2021, Thuasne SAS, a prominent medical devices manufacturer in Europe, acquired Knit-Rite Inc. and its division Therafirm which is dedicated to providing compression products, including compression socks.

Compression Stockings Market

MARKET SUMMARY
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5.6% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 5.6%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Compression Stockings Market

  • The global compression stockings market report gives comprehensive outlook on compression stockings across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global compression stockings market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application, and region.
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global compression stockings.
Key Players
  • Essity (BSN Medical)
  • Cardinal Health, Inc.
  • 3M
  • Colfax Corp. (DJO Global, Inc.)
  • Indus Holding AG (Ofa Bamberg)
  • Sigvaris Management AG
  • Medi GmbH and Co. KG
Compression Stockings Market

Dynamics

Rising chronic disease prevalence, the expansion of health care systems in developing markets, infrastructure investments, and technological advancements are important factors driving market growth in value sales. Furthermore, the side effects of compression stockings, such as pain, skin irritation, broken skin, aches, and discomfort, are significant factors limiting the growth of the compression stockings market.


North-America got significant share

Compression Stockings Market

The compression stockings market in North America is likely to hold the highest revenue share in 2021. Demand is surging primarily due to increasing instances of varicose veins, especially in the U.S. The region's market is also expanding due to rising consumer health consciousness and the rising popularity of compression wear in the sports industry. Furthermore, Europe is the fastest-growing market accounting for the increasing demand for compression socks as people become more aware of their importance and the government invests more in developing innovative healthcare products.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market and forecast (2017-2022) to (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Compression Stockings Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The CAGR of the Compression Stockings market is 5.6% over the forecast period (2022 – 2028)

3M, Colfax Corp., Bauerfeind AG, Belsana Medical, Sigvaris Management AG

The Europe is the fastest-growing region for the Compression Stockings market


Report

Table Of Content


Report

Company Profile

  • Essity (BSN Medical)
  • Cardinal Health, Inc.
  • 3M
  • Colfax Corp. (DJO Global, Inc.)
  • Indus Holding AG (Ofa Bamberg)
  • Sigvaris Management AG
  • Medi GmbH and Co. KG
  • Bauerfeind AG
  • Mölnlycke Health Care AB
  • Julius Zorn, Inc.
  • Belsana Medical

Description

Compression Stockings Market Size valued at USD 1.78 billion in 2021 and expected to reach a value of USD 2.76 billion by 2028, growing at a CAGR of 5.6% during the forecast period 2022-2028. The growing number of health-conscious consumers and patients suffering from venous disorders and the increased use of physical exercise as part of one’s daily routine and beauty consciousness are fueling the market growth. Additionally, compression garments’ stylish designs and comforting fabric have replaced traditional gym outfits such as T-shirts and shorts. Thus, such lifestyle changes have propelled the growth of the global market. Strategic collaborations are critical for the compression stockings market’s overall development. The women’s segment has a higher value share than the men’s segment because most compression stocking products are designed for female customers in the market. Compression stockings for women provide medical solutions for poor blood circulation in one’s leg, but they also have appealing designs, patterns, and colors that cater to target customers’ needs. Thigh-high compression stockings are one of the most popular stockings among females. The world’s growing geriatric population, combined with an increase in diabetes cases, are the primary factors expected to influence the growth of the compression stockings market. Furthermore, the rising prevalence of chronic diseases is expected to boost demand for compression stockings.

Recent Market Developments:

In January 2021, Thuasne SAS, a prominent medical devices manufacturer in Europe, acquired Knit-Rite Inc. and its division Therafirm which is dedicated to providing compression products, including compression socks.

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