US Compression Garments Market 2020 Size, Growth Analysis Report, Forecast to 2026

The US compression garments market is estimated to exhibit a sturdy CAGR during the forecast period (2020-2026). The country has been witnessing increased occurrences of diabetes and chronic diseases in recent times. The prevalence of diabetes is more common among the elderly. For instance, in the population aged 65 years or more, the prevalence of diagnosed diabetes was about 15.3%, representing about 5.4 million people in the US. Furthermore, the incidence of chronic wounds, mainly foot ulcers, rises in approximately 30.3 million people diagnosed with diabetes in the US every year, which results in an increased demand for compression garments in the country.

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In addition, acute wounds such as surgical site infections (SSI) are another major concern in overall health care in the US. It is the second leading cause of hospital-acquired infections costing approximately $3.5 to $10 billion every year. The number of burn incidences is also rising in the US. For instance, between 2011 and 2015, approximately 486,000 burn injury cases were recorded at emergency departments of healthcare facilities. The main reason for the high development of the market in the US is the high and rising use of compression garments, both elastic and pneumatic, in almost all applications, and the market is expected to maintain steady demand opportunities, growing at a hefty CAGR during the forecast period.

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Market Coverage

The market number available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered- by Product Type, Application, and Distribution Channel
Country Covered- the US
Competitive Landscape- 3M; Bauerfeind USA, Inc.; L&R USA INC.; Leonisa; and SIGVARIS GROUP

US Compression Garments Market Report Segment

By Product Type

Shapewear
Compression Tapes
Facial Garments
Full Body Garments
Lower and Upper Extremities Garments

By Application

Healthcare
Sports
Slimwear

By Distribution Channel

Pharmacy and Offline Retail
Online

Company Profiles

3M Co.
Company Overview
Product Portfolio
Recent Developments/Activities
Adidas AG
AIROS Medical, Inc.
ASICS America Corp.
Bauerfeind USA, Inc.

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