Press release
Will Increasing Burden of Deep Vein Thrombosis Catalyze Growth of Compression Socks - Exclusive Report by Fact.MR
Compression Socks Market
The report offers actionable and valuable market insights of Compression Socks. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Compression Socks Market across various industries and regions.
To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=3519
This newly published and insightful report sheds light on Market Insights of Compression Socks, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Compression Socks Market.
Market Snapshot
According to Fact.MR’s recent study on the global compression socks market, the market is gaining traction steadily and is expected to swell 1.6x through 2031, registering an impressive valuation of nearly US$ 1 Bn, and reaching US$ 630 Mn by 2021. Treatment for deep vein thrombosis will remain the key application area, slated to reach US$ 900 Mn by 2031.
Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=3519
Key Segments Covered
Product Type
Standard Compression Socks
Graduated Compression Stockings
Application
Compression Socks for Deep Vein Thrombosis
Compression Socks for Chronic Venous Disorder
Compression Socks for Diabetes Wounds
Compression Socks for Other Applications
Distribution Channel
Compression Socks via Hospital Pharmacies
Compression Socks via Retail Pharmacies & Drug
Stores
Compression Socks via Online Sales
Compression Socks via Other Distribution Channel
Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/3519
Competitive Landscape
The market for compression socks is largely consolidated, with top players accounting for more than 60% of the market share. Despite fewer top competitors in the compression socks market, competition among top-tier players has been high.
Companies are focusing on new product introduction and product differentiation to maintain a foothold in the market. Sigvaris Group is the top player accounting for a majority share in the market for compression socks. Juzo, Inc., Essity Aktiebolag (publ), and Medtronic Plc. are mid-tier competitors in the compression socks industry. Notable developments in the industry are as follows:
In January 2021, Thuasne SAS, a prominent medical devices manufacturer in Europe, acquired Knit-Rite Inc. and its division Therafirm which is dedicated to providing compression products, including compression socks
In 2020, Hatch announced the launch of Hatch Compression Sock, and the Swell Relief Duo to help mommas-to-be soothe swollen feet and ankles in order to stay on toes all day long.
Key Takeaways of the Compression Socks Market
North America is a matured market for compression socks. However, North America is expected to account for an absolute $ opportunity of more than US$ 100 Mn owing to higher market share during forecast period.
According to Fact.MR, compression socks market in East Asia is expected to grow 2X by 2029 from 2019. The growth is expected to see a steady increase.
Deep vein thrombosis and chronic venous disorder applications account for more than 60% of market share, with significant growth expected over mid-term forecast.
Fact.MR says that demand for graduated compression socks exceeds standard compression socks in terms of value in global compression socks market, and is expected to witness an absolute $ opportunity of more than US$ 300 Mn during forecast period.
Hospital pharmacies are the fastest growing sales channel in compression socks market and are expected to grow by more than 1.9X during forecast period.
“Companies offering standard compression socks have been shifting towards graduated compression socks to address consumer need for variable pressure. Companies investing in standard compression socks are expected to gain steady returns till mid-term forecast, while investments in graduated compression socks are expected to experience a northward trend”, says the Fact.MR analyst
Read More Trending Reports of Fact.MR-
https://www.einpresswire.com/article/556693095/advancements-in-the-technology-of-avionics-propels-the-business-aircraft-manufacturing-industry
Key Question answered in the survey of Compression Socks market report:
Sales and Demand of Compression Socks
Growth of Compression Socks Market
Market Analysis of Compression Socks
Market Insights of Compression Socks
Key Drivers Impacting the Compression Socks market
Which are the Key drivers impacted by Compression Socks market
Restraints Shaping Market Growth
Market Survey of Compression Socks
More Valuable Insights on Compression Socks Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Compression Socks, Sales and Demand of Compression Socks, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
Explore Fact.MR’s Comprehensive Coverage on Consumer Goods:
Carton Erecting Machinery Market - https://www.factmr.com/report/2386/carton-erecting-machinery-market
Vertical Form Fill Seal Baggers Market - https://www.factmr.com/report/2826/vertical-form-fill-seal-baggers-market
UV Fluorescing Ink Market - https://www.factmr.com/report/1479/uv-fluorescing-ink-market
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Will Increasing Burden of Deep Vein Thrombosis Catalyze Growth of Compression Socks - Exclusive Report by Fact.MR here
News-ID: 2507815 • Views: …
More Releases from Fact.MR
Liquid Biopsy Market to Hit USD 24.70 Billion by 2033 | Key Players Covered: Bio …
The global liquid biopsy market size is estimated at US$ 4.72 billion in 2023 and is forecasted to expand rapidly at a CAGR of 18% to reach a valuation of US$ 24.70 billion by 2033, according to a newly released market study of liquid biopsy by Fact.MR, a market research and competitive intelligence provider. This growth is driven by the increasing demand for non-invasive cancer diagnostics, advancements in next-generation sequencing…
Artificial Kidney Market is Growing at a CAGR of 13% by 2033 | Key Players: Kawa …
Artificial Kidney Market is valued at USD 1.5 billion in 2023 and is projected to surge ahead at a CAGR of 13% to reach a market size of USD 5.3 billion by the end of 2033. This robust growth is driven by the increasing prevalence of chronic kidney disease (CKD) and end-stage renal disease (ESRD), affecting millions worldwide, and the limitations of current dialysis treatments. Artificial kidneys, including wearable and…
Artificial Intelligence (AI) in Retail Market is Projected to Reach USD 138.3 Bi …
The global artificial intelligence (AI) in retail market is forecast to reach USD 138.3 billion by 2035, up from USD 9.8 billion in 2025. During the forecast period, the industry is projected to register at a CAGR of 30.3%. AI-driven personalization enhances customer engagement through tailored recommendations and experiences. AI-powered demand forecasting optimizes inventory management and reduces operational inefficiencies. This rapid expansion is fueled by the increasing adoption of AI…
Mining Automation Market is Expected to Reach USD 8.4 Billion by 2035 | Fact.MR …
The global mining automation market is forecast to reach USD 8.4 billion by 2035, up from USD 4.5 billion in 2025. During the forecast period, the industry is projected to register at a CAGR of 6.4%. This growth is driven by the increasing demand for minerals, the need for sustainable and low-emission operations, labor shortages, and enhanced safety in hazardous environments. Technological advancements in AI, IoT, robotics, and digital twins…
More Releases for Compression
Compressa Compression Socks Review 2023;(Must Read!) Compressa Compression Socks …
Compressa Compression Socks aren't just for seniors with vein issues anymore. Athletes are wearing Compressa Compression Socks to improve their performance and recovery.
Pregnant women are finding relief from leg and ankle swelling, and people who stand all day are using them to The fit, feel, support, and value were all perfect.
Compressa Compression Socks are also super supportive; the difference in how our legs felt between wearing them and not wearing…
COMPRESSA COMPRESSION SOCKS REVIEWS 2023: IS COMPRESSA COMPRESSION SOCKS LEGIT O …
Compression socks, often recognized by their distinctive snug appearance on the legs and ankles, serve a crucial role in the realm of healthcare and well-being. These specialized garments are designed to apply gentle pressure to the lower extremities, and they play a pivotal role in enhancing blood flow. While you might have encountered them on long-haul flights or observed athletes sporting them during intense workouts, the science behind compressa compression…
Compression Bandages Market - Empowering Wellness, Promoting Healing: Compressio …
Newark, New Castle, USA - new report, titled Compression Bandages Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Compression Bandages market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Compression Bandages market. The report offers an overview of the market, which…
Pneumatic Compression Therapy Market - Unleashing the Power of Compression: Elev …
Newark, New Castle, USA - new report, titled Pneumatic Compression Therapy Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Pneumatic Compression Therapy market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Pneumatic Compression Therapy market. The report offers an overview of…
Compression Stockings Market: Bio Compression System, 2XU Pty Ltd, Ann Chery, Co …
📝Global Compression Stockings Market 2022-2028, By Product Type (Thigh High, Waist Attachment, Knee High, Pantyhose, and Others), By Compression Level (Mild, Moderate, and High), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), By Application (Men, Women, and Children), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Industry Insight, Trends, Outlook and Opportunity Analysis, 2022-2028. According to our recent study, the…
PentagonFit Knee Compression Sleeves Review: Read This Before Buying This Knee C …
What are PentagonFit Knee Sleeves?
PentagonFit Knee Sleeves is a knee compression sleeve that can also serve as a support for injury prevention. It is designed to strengthen the knee and to help relieve pain in the knee. (Any/all of the links on this post are affiliate links of which the author receives a small commission from sales of this product/service, but the price is the same to you.)
Click on the…
