Press release
Compression Sleeves Market is expected to reach a Revenue of US$ 2.2 Bn by the end of 2032, expanding at a CAGR of 4.9% over the decade
The compression sleeves market is a segment of the healthcare industry that deals with the production and sale of medical devices designed to improve circulation and provide support to muscles and joints. Compression sleeves are used to treat a variety of conditions, including lymphedema, varicose veins, and sports injuries.The Global Compression Sleeves Market is estimated at US$ 1.26 billion in 2022 and is expected to reach a value of US$ 2.2 billion by the end of 2032, expanding at a CAGR of 4.9% over the decade.
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One of the key drivers of the compression sleeves market is the increasing prevalence of chronic venous diseases. Chronic venous diseases, such as varicose veins and deep vein thrombosis, are common and can have a significant impact on quality of life. Compression sleeves provide a non-invasive and cost-effective method of treatment that can improve circulation and reduce symptoms.
Companies
Tommie Copper
2XU, Abco Tech
Run Forever Sports
BeVisible Sports
Thirty 48
Camden Gear
Zensah
BodyMate
Mojo Compression
Tommie Copper
Rikedom
Zareus
McDavid
eSmartr Inc.
Essity
DJO
medi GmbH & co. KG
Nike
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Another factor driving the compression sleeves market is the increasing adoption of sports and physical activities. Sports and physical activities have become increasingly popular in recent years, and they often involve a higher risk of injuries. Compression sleeves can help prevent injuries and provide support and protection to injured areas during the recovery process.
The compression sleeves market includes a variety of products, including arm sleeves, leg sleeves, and socks. These devices are available in different compression levels and materials, including spandex, nylon, and polyester, and can be customized to fit the specific needs of individual patients.
Competitive Analysis
Key manufacturers of compression sleeves are focusing on new product development and expansion into developing markets, in addition to improving their distribution methods through e-commerce and online promotions.
Steve Aoki and eSmartr entered into a collaboration in July 2020 to introduce a unique collection of smart compression sleeves that enhance brain cognition without the use of medications, batteries, or invasive procedures.
BioSkin introduced Trailblazer calf sleeves in December 2021. Through zonal compression, these calf sleeves improve blood flow to the legs, enhancing endurance and minimizing muscle wear and tear.
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Market Segments Covered in Compression Sleeves Market Analysis
By Product:
Arm Compression Sleeves
Bandages
Leg Compression Sleeves
Others
By Application:
Varicose Veins
Wound Care
Burns
Oncology
Other Indications
By Technique:
Static
Dynamic
By Distribution Channel:
Hospitals Pharmacies
Retail Pharmacies
Online Sales
Hypermarkets/Supermarkets
By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa (MEA)
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