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Increasing Awareness of the Benefits of Compression Therapy to Boost the Off the Shelf Stockings Market

04-14-2023 11:30 AM CET | Health & Medicine

Press release from: Persistence Market Research

Off the Shelf Stockings

Off the Shelf Stockings

Off the Shelf Stockings Market: Overview

Off the shelf stockings are compression stockings that are readily available in standard sizes and can be purchased without a prescription. These stockings are designed to provide medical-grade compression and are used to manage a variety of medical conditions, including varicose veins, deep vein thrombosis, and lymphedema. The global market for off the shelf stockings is growing rapidly, driven by the increasing prevalence of these medical conditions and the growing awareness of the benefits of compression therapy.

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Off the Shelf Stockings Market: Drivers and Restraints

The primary driver of the off the shelf stockings market is the increasing prevalence of medical conditions that require compression therapy. Varicose veins, deep vein thrombosis, and lymphedema are all common medical conditions that can benefit from the use of compression stockings. As the global population ages and lifestyle factors such as obesity and sedentary behavior become more prevalent, the incidence of these conditions is expected to increase, driving demand for off the shelf stockings.

In addition, the growing awareness of the benefits of compression therapy is also driving the market. Compression therapy is a non-invasive, low-risk treatment option that can help manage a variety of medical conditions. As more healthcare professionals and patients become aware of the benefits of compression therapy, the demand for off the shelf stockings is expected to increase.

However, the high cost of off the shelf stockings is a major restraint on the growth of the market. Medical-grade compression stockings are often more expensive than regular stockings, due to the specialized manufacturing process required to produce them. In addition, the need for proper fitting and sizing of compression stockings can also increase the cost of these garments.

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Off the Shelf Stockings Market: Segmentation

The global off the shelf stockings market can be segmented based on product type, material type, compression level, and region. Based on product type, the market can be divided into knee-high stockings, thigh-high stockings, and pantyhose. Knee-high stockings are the most commonly used off the shelf stockings, due to their ease of use and affordability.

Based on material type, the market can be classified into nylon, spandex, and others. Nylon and spandex are the most commonly used materials for off the shelf stockings, due to their durability and effectiveness in providing compression.

Based on compression level, the market can be segmented into mild, moderate, and high compression stockings. Mild compression stockings are typically used to prevent mild swelling and discomfort, while moderate and high compression stockings are used to manage more severe medical conditions.

Off the Shelf Stockings Market: Regional Analysis

North America is the largest market for off the shelf stockings, due to the high prevalence of medical conditions that require compression therapy in the region and the presence of a large number of healthcare facilities. Europe is also a significant market for off the shelf stockings, due to the high adoption of compression therapy in the region. The Asia Pacific region is expected to witness significant growth in the coming years, due to increasing investments in healthcare infrastructure and rising demand for off the shelf stockings.

Off the Shelf Stockings Market: Key Players

Some of the key players operating in the global off the shelf stockings market include Sigvaris Group, BSN Medical, Medi GmbH & Co. KG, Bauerfeind AG, Thuasne Group, 3M Company, Juzo, and Bio Compression Systems, Inc.

Off the Shelf Stockings Market: Conclusion

The global off the shelf stockings market is expected to witness significant growth in the coming years, driven by the increasing prevalence of medical conditions that require compression therapy and the growing awareness of the benefits of compression therapy.

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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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