Press release
Global Compression Garments And Stockings Market 2025: Impressive Growth Rate, Market Size, Key Players, and Future Trends
Impressive growth and advancements in the global compression garments and stockings market are set to drive the sector from $3.24 billion in 2024 to $3.44 billion in 2025.What Is The Projected Market Size Of The Global Compression Garments And Stockings Market And Its Growth Rate?
• The market size of the compression garments and stockings market has grown strongly in recent years, escalating from $3.24 billion in 2024 to $3.44 billion in 2025, showing a compound annual growth rate (CAGR) of 6.1%.
• Stellar growth is anticipated over the next few years as the market is expected to grow to $4.29 billion in 2029, at a CAGR of 5.7%.
What Is Driving The Growth In The Compression Garments And Stockings Market?
The increasing incidence of obesity is key in propelling the growth of the compression garments and stockings. Obesity causes significant build-up of body fat leading to discomfort and other health disorders. Compression garments play a significant role in reducing pain and improving circulation in obese individuals. An alarming statistic by the World Heart Federation has indicated that the number of obese individuals globally is set to escalate to 2.7 billion by 2025 from 2.3 billion in 2023. This growing trend of obesity is a crucial driver for the compression garment and stockings market.
Similarly, the rising prevalence of chronic diseases such as venous insufficiency, chronic venous diseases, and diabetes-related circulation problems are necessitating the use of compression garments and stockings to enhance the quality of life of the affected individuals. According to the World Health Organization, chronic diseases cause 74% of all deaths globally each year, which further fuels the demand and growth of the compression garments and stockings market.
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Who Are the Key Players Driving Compression Garments And Stockings Market Growth?
Several key players operate in the compression garments and stockings market, including:
• 3M Company
• BSN Medical Pvt. Ltd.
• Medi GmBH & Co. KG
• SIGVARIS Group
• Medical Z
• Medtronic PLC
• Paul Hartmann AG and many more.
What Are The Key Trends In The Compression Garments And Stockings Market?
• Regulatory support and standardization of compression garments and stockings
• Influx of athleisure trends and comfort wear in the market
• Expansion of online retail and e-commerce platforms
• Educational initiatives to increase awareness about the benefits of compression garments and stockings
• Integration of fashion and style elements in compression garments and stockings designs
What Are The Segments Of The Global Compression Garments And Stockings Market?
1) By Product Type: Compression Garments, Compression Stockings
2) By Distribution Channel: Hospitals, Ambulatory Surgical Centers, Clinics, Online Sales, Other Healthcare Facilities
3) By Application Type: Varicose Veins, Wound Care, Burns, Oncology, Other Applications
Which Region Leads The Compression Garments And Stockings Market?
In 2024, North America was the largest region in terms of the compression garments and stockings market. However, the Asia-Pacific region is projected to be the fastest-growing segment during the forecast period.
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What Is Covered In The Compression Garments And Stockings Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Compression Garments And Stockings size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Compression Garments And Stockings for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Compression Garments And Stockings growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Compression Garments And Stockings.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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