Compression Stockings Market Still Has Room to Grow | Emerging Players Spanx Inc., Triumph International Corporation,
The compression stockings market refers to the segment of medical and therapeutic hosiery designed to improve blood circulation in the legs by applying graduated pressure. These stockings are commonly used to treat and prevent conditions such as varicose veins, deep vein thrombosis (DVT), edema, and other venous disorders. They are also widely recommended for individuals who stand or sit for long periods, athletes, and those recovering from surgery.The compression stockings market size was valued at $1.9 billion in 2022, and is estimated to reach $3.4 billion by 2032, growing at a CAGR of 6.1% from 2023 to 2032.
๐๐ฌ๐ค ๐๐จ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ@: https://www.alliedmarketresearch.com/request-sample/6318
Market Size and Growth:
The global compression stockings market is projected to reach $3.5 billion by 2028, growing at a CAGR of 5-7% during the forecast period.
The market's growth is driven by an aging population, increasing awareness of venous health, and the rising incidence of chronic venous disorders.
North America and Europe dominate the market due to high healthcare spending, a growing elderly population, and the widespread adoption of compression therapy. Asia-Pacific is expected to see faster growth due to increasing healthcare infrastructure and awareness.
Key Segments:
By Product Type:
Graduated Compression Stockings: These apply the greatest pressure at the ankle and gradually decrease up the leg, promoting blood flow back toward the heart. They are the most commonly used type for medical purposes.
Anti-Embolism Stockings: Designed for individuals recovering from surgery or those at risk of DVT. These stockings apply uniform pressure to prevent blood clots.
Non-Medical Support Hosiery: Generally used for mild conditions or for general comfort during travel, sports, or long periods of standing.
By Compression Level:
Mild (8-15 mmHg): Light compression for general use, recommended for minor swelling, tired legs, or for preventive use during travel.
Moderate (15-20 mmHg): Commonly prescribed for mild varicose veins, minor swelling, and to prevent DVT during travel.
Firm (20-30 mmHg): Often recommended for more serious venous conditions like moderate varicose veins, post-surgery recovery, and preventing the recurrence of ulcers.
Extra Firm (30-40 mmHg and above): Used for severe venous insufficiency, lymphedema, and more serious vascular issues.
By Material:
Nylon and Spandex: Common materials that offer flexibility, durability, and a comfortable fit.
Cotton: Often blended with other materials for added comfort and breathability.
Microfiber: Used in higher-end products for a softer, more breathable feel.
Copper-Infused Fabrics: Some newer compression stockings incorporate copper or silver for their antimicrobial properties.
By Distribution Channel:
Hospitals & Clinics: Compression stockings are frequently prescribed by healthcare providers and sold through pharmacies.
Retail Pharmacies & Drugstores: A key sales channel for consumers purchasing over-the-counter compression stockings.
E-commerce: Online sales of compression stockings have seen significant growth due to convenience, variety, and direct-to-consumer marketing.
Market Drivers:
Growing Prevalence of Chronic Venous Disorders: An aging global population and the rise in lifestyle-related diseases, such as obesity and diabetes, are increasing the incidence of venous disorders, driving demand for compression stockings.
Increasing Awareness of Preventive Healthcare: More individuals are becoming aware of the benefits of using compression stockings to prevent venous issues, especially for prolonged sitting or standing, during pregnancy, and for athletes.
Post-Surgery Recovery: Compression therapy is often recommended post-surgery, particularly after procedures involving the legs or those that increase the risk of blood clots.
Technological Advancements: Manufacturers are developing more advanced compression stockings with features like moisture-wicking fabrics, antimicrobial treatments, and improved comfort, increasing consumer appeal.
Key Trends:
Athletic Compression Wear: There is a growing market for compression stockings used in sports and fitness, particularly for running, cycling, and other endurance activities. These products help reduce muscle fatigue and enhance recovery.
Travel Compression Stockings: Increased global travel and awareness of the risk of DVT during long flights or road trips have led to higher demand for compression stockings designed for travel.
Aesthetic Appeal: Many manufacturers are focusing on improving the look of compression stockings, making them more fashionable, with colors and styles that blend with everyday clothing, enhancing their appeal beyond purely medical use.
Sustainability and Eco-Friendly Materials: Some companies are focusing on using eco-friendly materials and sustainable manufacturing processes to meet the growing demand for environmentally conscious products.
Challenges:
High Cost of Medical-Grade Stockings: Compression stockings, especially medical-grade ones, can be expensive, making them inaccessible for some patients without adequate insurance coverage or financial support.
Low Compliance Among Users: Many individuals find compression stockings uncomfortable to wear for long periods, leading to low compliance rates, particularly among elderly patients.
Sizing and Fit Issues: Finding the right size is critical for effective compression therapy, but many users struggle with ill-fitting stockings, which can reduce the therapeutic benefits and lead to discomfort.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐ :- https://www.alliedmarketresearch.com/purchase-enquiry/6318
Key Players:
Leading companies in the compression stockings market include:
Sigvaris Group
Medi GmbH & Co. KG
3M Company
Therafirm
Juzo
BSN Medical (Essity)
Tommie Copper
Medtronic plc
Jobst (owned by Essity)
Outlook:
The compression stockings market is expected to experience sustained growth due to an aging population, increasing awareness of venous health, and a rising focus on preventive care. Innovations in design and materials, combined with greater fashion appeal and comfort, are likely to expand the user base beyond just medical patients to include travelers, athletes, and those interested in wellness. Additionally, online sales channels will continue to play an important role in driving market growth.
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