Press release
Compression Stockings Market Size, Analysis, Overview, Outlook By 2024-2033
Compression Stockings Market
The compression stockings market size is expected to see strong growth in the next few years. It will grow to $2.26 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to growing healthcare expenditure, expansion of e-commerce, customization and personalization, focus on preventive healthcare. Major trends in the forecast period include rising demand for fashionable compression stockings, shift towards sustainable materials, digital health integration, telemedicine and remote consultations.
Market Overview -
Compression stockings are specialized garments designed to enhance blood circulation to the legs and ankles. They alleviate symptoms of venous disorders such as varicose veins, spider veins, and edema (swelling). They are frequently recommended for individuals who spend prolonged periods sitting or standing, such as travelers, office workers, and athletes, to prevent blood from pooling in the legs and to reduce the risk of blood clots.
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Increasing Prevalence Of Deep Vein Thrombosis (DVT) Spurs Growth In Compression Stockings Market
The increasing prevalence of deep vein thrombosis is driving the growth of the compression stockings market going forward. Deep vein thrombosis (DVT) is a condition where a blood clot forms in one or more deep veins in the body, commonly in the legs. The prevalence of deep vein thrombosis is increasing due to a sedentary lifestyle, obesity, and the aging population. Compression stockings are beneficial in managing deep vein thrombosis (DVT) by improving blood flow, reducing pain and swelling in the legs, and lowering the risk of developing blood clots. For instance, in August 2023, according to Nuffield Trust Limited, a UK-based independent health think tank company, the UK recorded the highest incidence of DVT, with 352 cases per 100,000 hospital discharges in 2021 and increasing to 377 per 100,000 hospital discharges in 2022. Therefore, the increased prevalence of deep vein thrombosis is expected to propel the growth of the compression stockings market.
Competitive Landscape -
Major companies operating in the compression stockings market are Medtronic, Creswell Sock Mills, Enovis Corporation, DJO LLC , FIGS Inc., BSN Medical, Spanx LLC, SIGVARIS, Bauerfeind AG, Away, 2XU Pty Ltd., Julius Zorn GmbH, medi GmbH & Co. KG, Design Veronique, Gloria Med Spa, Triumph Home Health Supplies, Swiftwick, European Lingerie Group AB, Zensah, Bio Compression System, Devon Medical Products, Flow Aid Medical Technologies, Santemol Group Medikal , Belsana, Thuasne , Manifattura Cizeta s.r.l
Advancements In Compression Stockings Market With Focus On Female Curves Bodysuits
Major companies operating in the compression stockings market are focused on developing innovative products, such as Female Curves Bodysuits, to better serve customers with advanced features. A female curves bodysuit is a specialized clothing item engineered to exert controlled pressure on the body, commonly utilized for recuperation after surgery or for medical needs. For instance, in January 2023, Marena Group LLC, a US-based manufacturer of medical-grade compression garments, shapewear, and activewear, launched a new female curves bodysuit for women with naturally curvy body types who are seeking body sculpting procedures, such as liposuction, to further enhance their curves. These compression garments are designed to provide support and improve comfort during the recovery process after surgery.
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Key Segments -
The compression stockings market covered in this report is segmented -
1) By Type: Compression Socks, Compression Hosiery
2) By Distribution Channel: Offline , Online
3) By Application: Adult men, Adult women, Aged Man, Aged Woman
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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