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North America to Outshine the Global Slowdown in Off The Shelf Stockings Market between 2020 and 2030

11-12-2020 02:35 PM CET | Health & Medicine

Press release from: Persistence Market Research

Off the shelf stockings are specially designed compression stockings that are utilized in creating pressure on the body parts. Off the shelf stockings apply a graduated compression on the leg, as when increasing pressure on the leg from bottom to the top, the highest pressure is applied on the bottom at the ankle, decreasing the pressure while going up to the thigh area of the leg. This create a decreasing compression from bottom to the top, which aids in the proper flow of blood from bottom to the upper body towards the heart. Specially designed elastic material and cloth is utilized in the manufacturing of off the shelf stockings. These off the shelf stockings also hold particular compression strength, particularly measured in millimeters of mercury (mmHg). Off the shelf stockings have a common utilization when the patient is affricated by varicose veins and supporting blood circulation in patients who have a problem in blood flow. These anti-embolism and off the shelf stockings have a particular compression, which is near to 8-16mmHg. They are utilized for bedridden patients or patents who come out of surgery. Off the shelf stockings considerably improve a patient’s ease in maintaining optimum blood flow, allowing the patient to experience maximum comfort.

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Rapidly growing awareness about compression therapies and increasing awareness about varicose veins are anticipated to propel the market for off the shelf stockings over the forecast period. Consumers are now adopting optional therapies such as compression therapies. Consequently, the off the shelf stockings market is anticipated to expand at an exponential rate due to increased incidents of chronic venous insufficiency syndrome. The compression used in off the shelf stockings is just a common constant pressure applied to treat the blood flow problem in ankles, joints, and veins. The increasing medical application of off the shelf stockings in the primary treatment of post thrombotic syndrome is anticipated to offer new opportunities for the off the shelf stockings market. Commercials affect the reach of the product in the market in any particular segment. Consequently, increasing commercial promotion related to off the shelf stockings is anticipated to drive the market for off the shelf stockings. The increasing convenience of online shopping among consumers relating to lower prices as compared to shops and high number of choices available are also anticipated to drive the growth of the off the shelf stockings market. However, wide availability of the treatment for blood flow related diseases is anticipated to restrain the growth of the off the shelf stockings market.

How the Coronavirus Threat has Taken Global Business into Uncharted Waters

The global off the shelf stockings market is segmented on the basis of product type, compression level, distribution channel, and geography:

Segmentation by Off The Shelf Stockings Product Type
Knee Length
Thigh Length
Maternity
Waist Length
Segmentation by Off The Shelf Stockings Compression Level
Anti-embolism Compression
Gradient Compression
Segmentation by Off The Shelf Stockings Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
Others
Increasing technological developments in textile industries are anticipated to offer new market opportunities in the off the shelf stockings market. Manufacturers in the off the shelf stockings market are working on the production of custom-fit stockings, and penetrating new market segments. There are growing applications of off the shelf stockings in military fields to aid solders in greater field convenience. Accordingly, sport applications such as compression enhance performance, and are expected to offer lucrative growth opportunities for the off the shelf stockings market.

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Geographically, the global off the shelf stockings market is segmented into five key regions – North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America will continue to dominate the global market, due to the increased awareness about venous disorders and higher number of people affected by chronic venous insufficiency syndrome (CVS). Europe is expected to hold a prime share in the global off the shelf stockings market, due to the increasing number of geriatric patients in the region. The APAC off the shelf stockings market is expected to witness steady growth, due to the increased use of off the shelf stockings by athletics for improving venous return, coupled with the increasing awareness about compression stockings.

Some of the players identified in the global off the shelf stockings market are,

Covidien plc
3M Health Care
Nouvelle, Inc.
Sigvaris, Juzo
2XU Pty. Ltd.
JOBST USA
Prime Compression
Bio Compression Systems, Inc.
Comfort Plus Corporation
FLA Orthopedics, Inc.
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