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Compression Sleeves Market Share, Trends, Growth And Outlook By 2033

10-14-2024 02:23 PM CET | Health & Medicine

Press release from: The Business research company

Compression Sleeves Market Share

Compression Sleeves Market Share

The Business Research Company recently released a comprehensive report on the Global Compression Sleeves Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The compression sleeves market size has grown strongly in recent years. It will grow from $1.22 billion in 2023 to $1.29 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to injury prevention, medical rehabilitation, athletic performance enhancement, fashion and style.

The compression sleeves market size is expected to see strong growth in the next few years. It will grow to $1.68 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to growing awareness, rising fitness consciousness, aging population. Major trends in the forecast period include customization and personalization, integration of smart technologies, sustainability, expansion into new markets.

Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/compression-sleeves-global-market-report

Market Drivers and Trends:

The increased prevalence of deep vein thrombosis is driving the growth of the compression sleeves 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 lifestyle factors, medical conditions, genetic predispositions, and environmental factors. Compression sleeves are beneficial for 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, Nuffield Trust Limited, a UK-based government organization, recorded the highest incidence of DVT in 2021, with 352 cases per 100,000 hospital discharges, which increased to 377 per 100,000 hospital discharges in 2022. Further, in Australia, DVT alone (without concomitant PE) affects 52 people per 100,000 annually. Therefore, the increased prevalence of deep vein thrombosis drives the compression sleeves market.

Major companies operating in the compression sleeves market are developing innovative products, such as Trailblazer calf sleeves, to serve customers with advanced features better. The Trailblazer calf sleeves stimulate blood flow, expedite recovery, and offer anti-odor technology, moisture-wicking properties, and abrasion resistance. For instance, in December 2021, BioSkin, a US-based medical equipment manufacturer, launched the Trailblazer calf sleeves. These sleeves deliver pain-relieving compression to the lower leg muscles, tendons, and ligaments; they stimulate blood flow and expedite recovery. Engineered with medical-grade compression, these sleeves are tailored to enhance recovery and optimize performance. These calf sleeves are crafted from a double layer of smooth Italian warp-knit fabric with a high degree of stretch. They are designed to flex with the muscles in the lower leg, providing pain-relieving compression to the muscles, tendons, and ligaments.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=14681&type=smp

Major Key Players of the Market:

Nike Inc, Adidas AG, Medi USA, Zensah, 2XU Pty. Ltd, Mueller Sports Medicine, Vive Health, Sigvaris Group, CEP Compression, Rehband, Copper Fit, Mava Sports, Zamst, Vitalsox, Under Armour, Tommie Copper, Therafirm, SKINS Compression, Shock Doctor Inc, Run Forever Sports, Pro-Tec Athletics, OS1st, Orthosleeve, Mojo Compression, McDavid, EvoShield, CW-X

Compression Sleeves Market 2024 Key Insights:

• The compression sleeves market size is expected to see strong growth in the next few years. It will grow to $1.68 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%.
• Driving Forces Behind The Growth Of The Compression Sleeves Market Addressing The Rise In Deep Vein Thrombosis Cases
• Innovative Compression Sleeve Market Introducing Trailblazer Calf Sleeves By BioSkin
• North America was the largest region in the compression sleeves market in 2023

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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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