According to the global compression stockings market report by IMARC Group, the market reached a value of US$ 1.5 Billion in 2022, and it is projected to reach a value of US$ 2.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
Compression stockings refer to specialized hosiery that applies gentle pressure over the ankles and calves to improve blood flow, inhibit the formation of blood clots, reduce pain, etc. They assist in enhancing lower extremity symptoms associated with venous insufficiency during pregnancy. These stockings can be used as a non-pharmacological treatment option for individuals with orthostatic hypotension (OH). Some of the commonly utilized compression stockings include graduated compression stockings (GCS), anti-embolism stockings, non-medical support hosiery, etc. In line with this, they help in preventing edema, lymphedema, phlebitis, spider and varicose veins, deep vein thrombosis (DVT), etc.
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Compression Stockings Market Trends and Drivers:
The growing incidences of chronic venous diseases (CVDs) that require extensive treatment and hospitalization are among the key factors stimulating the compression stockings market. Furthermore, the rising prevalence of obesity, on account of sedentary lifestyles, is also positively influencing the global market.
Apart from this, the widespread adoption of compression stockings in the treatment of venous leg ulcers (VLU), as it results in ulcer healing, reduction of pain, prevention of recurrence, etc., is acting as another significant growth-inducing factor. Moreover, the escalating demand for these stockings to aid narrow veins, restore valve competence, minimize ambulatory venous pressure, reduce venous reflux (VR), etc., is propelling the market growth.
Besides this, the increasing focus on aggressive promotional activities by leading manufacturers for advertising compression stockings to runners, triathletes, and other endurance athletes is further augmenting the global market. Additionally, the expanding geriatric population and the elevating investments in the sports industry are expected to fuel the compression stockings market over the forecasted period.
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Global Compression Stockings Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Compression Stockings Companies:
2XU Pty Ltd., Bauerfeind AG, Belsana, Creswell Sock Mills, DJO LLC (Enovis Corporation), Gloria Med Spa, Manifattura Cizeta s.r.l., medi GmbH & Co. KG, Sigvaris AG (Sigvaris Management AG), Spanx Inc., Thuasne and Triumph Home Health Supplies
The report has segmented the market on the basis of product type, demography and distribution channel.
Breakup by Product Type:
- Knee High
- Thigh High
Breakup by Demography:
- Men
- Women
Market Breakup by Distribution Channel:
- Offline
- Online
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Compression Stockings Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Knee High
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Thigh High
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Demography
7.1 Men
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Women
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Offline
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Online
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
