IMARC Group, a leading market research company, has recently releases report titled “Compression Stockings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global compression stockings market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the compression stockings market?
The global compression stockings market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
What are compression stockings?
Compression stockings are snug-fitting and stretchy socks that reduce pain by gently squeezing the legs and applying pressure over the ankles and calves. They comprise various forms, such as graduated compression stockings (GCS), anti-embolism stockings, and non-medical support hosiery variants. They help improve blood flow in the veins of the legs, prevent swelling, and inhibit blood clot formation. They aid in orthostatic hypotension, preventing venous ulcers, lessening the pain caused by varicose veins, and improving lymphatic drainage. They also reduce extremity symptoms caused by venous insufficiency during pregnancy. They are used by gym professionals and athletes during workouts, practice sessions, and competitions to enhance blood flow and oxygen delivery.
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What are the growth prospects and trends in the compression stockings industry?
At present, the increasing occurrence of chronic venous diseases, such as venous leg ulcers, deep vein thrombosis, and venous insufficiency, represents one of the major factors influencing the market positively.
In addition, the rising prevalence of obesity among individuals due to changing dietary patterns and sedentary lifestyles is leading to musculoskeletal and venous disorders. This, in turn, is offering a favorable market outlook. Moreover, the increasing participation of youngsters in sports and recreational activities is offering lucrative opportunities to industry investors.
Furthermore, the wide availability of compression stockings through offline and online distribution channels is propelling the market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Knee High
- Thigh High
Breakup by Demography:
Breakup by Distribution Channel:
Market 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
Who are the key players operating in the industry?
The report covers the major market players including:
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
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