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 size, growth, share, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Compression Stockings
Compression stockings are specialized garments that are designed to provide graduated pressure to the legs and improve blood circulation while reducing the risk of various vascular issues. They are typically made from elastic materials that exert controlled pressure on the limbs, with the highest compression at the ankle and gradually decreasing pressure towards the upper leg. They assist in managing conditions, such as deep vein thrombosis (DVT), varicose veins, and chronic venous insufficiency. As they are widely utilized to offer comfort and support to individuals seeking relief from leg discomfort and fatigue, the demand for compression stockings is increasing across the globe.
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.
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What are the growth prospects and trends in the compression stockings industry?
At present, the rising prevalence of venous disorders and circulation-related issues represents one of the key factors strengthening the market growth. Besides this, the growing demand for compression stockings among the geriatric population, as they suffer from muscle pain issues, is offering a positive market outlook.
In addition, the increasing awareness about compression therapy among individuals worldwide is bolstering the growth of the market. Apart from this, the rising demand for compression stockings manufactured from eco-friendly materials is offering lucrative growth opportunities to industry players.
Furthermore, key manufacturers are developing a wide range of compression stockings, such as stylish and comfortable options, catering to different customer preferences.
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:
- 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
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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