Increasing Number of Venous Disorder Patients is a Key Factor to Impel the Compression Stockings Market Growth

The research report " Global Compression Stockings Market, By Application (Post-Operative Patients, Ambulatory Patients, and Pregnant Women), By Product Type (Knee High, Pantyhose/Maternity, Thigh High, and Waist Attachment), and Geography – Global/Region/Country Forecast to 2027", The Global Compression Stockings Market was valued at US$ 1,894.3 Mn in 2020 and is anticipated to grow at US$ 2,367.4 Mn till 2027 witnessing a CAGR of 3.8% over the forecast period

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “ Global Compression Stockings Market By Application (Ambulatory Patients, Post-Operative Patients, and Pregnant Women), By Product Type (Thigh High, Knee High, Pantyhose/Maternity, and Waist Attachment), and Geography – Global/Region/Country Forecast to 2027",

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Overview on Leading Factors Affecting Compression Stockings Market Growth:
Compression stockings help to prevent blood clots and leg swelling, which consequently increase its demand and drive the compression stockings market growth. Compression stockings also help in improving and regulating blood flow of leg. Compression stockings are available in two types such as thigh high and knee-high. Thigh high compression stockings are prescribed often as they cover feet, calves and entire leg. These stockings are available in various styles like silicon band, sheer, ribbed and opaque. Compression stockings are recommended in several post surgeries like legs and knee where patient suffers from deep vein thrombosis condition, which requires using compression stockings. Knee arthroplasty is a condition in which knee joint is replaced using prosthetic devices and consequently driving the demand for compression stockings. These days, this procedure is commonly found in several hospitals. In the U.S., surgeons perform almost 600 procedures on annual basis, which require suggesting to use compression stockings The global compression stockings market will witness huge growth during forecast period 2021-2027 due to the major factors such as growing elderly population, new product launchings by several industry players and increasing venous disorder cases such as leg swelling, leg ulcers, leg pain, and deep vein thrombosis

North America Considered to be the huge revenue obtainer in Global Compression Stockings Market:
The global compression market is categorized on the basis of Application, Product and Geography. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Among all the regions, North America dominated the global market by obtaining almost 49.8% revenue share followed by regions like Asia Pacific and Europe. North America accounted huge share in 2020 and is projected to grow with considerable CAGR over the forecast duration due to the factors such as growing count of venous disorder patients and increasing elderly population in the region. A few other factors that contribute in driving the market growth in the region are huge demand amid athletes and pregnant women for compression stockings.

Competitive Landscape:
There are many leading key players trying to strengthen their place in the market to get huge profits. A few to mention are Essity (BSN Medical), Cardinal Health, Inc., 3M, Colfax Corp. (DJO Global, Inc.), Indus Holding AG (Ofa Bamberg), Medi GmbH and Co. KG, Bauerfeind AG, Mölnlycke Health Care AB, Julius Zorn, Inc., Belsana Medical.

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