IMARC Group, a number one market analysis firm, has just lately releases report titled “Compression Stockings Market: World Trade Developments, Share, Measurement, Progress, Alternative and Forecast 2023-2028.” The examine gives an in depth evaluation of the business, together with the worldwide compression stockings market share, dimension, tendencies, and development forecasts. The report additionally consists of competitor and regional evaluation and highlights the newest developments out there.
How Massive is the Compression Stockings Market?
The worldwide compression stockings market dimension reached US$ 1.5 Billion in 2022. Wanting ahead, IMARC Group expects the market to achieve US$ 2.1 Billion by 2028, exhibiting a development fee (CAGR) of 5.1% throughout 2023-2028.
Compression stockings, also called compression socks, confer with a specialised hosiery garment that’s designed to offer mild stress to legs and toes. They’re manufactured from elastic supplies and are extensively out there as graduated, anti-embolism, and nonmedical help hosiery compression stockings in several sizes, designs, colours, shapes, strengths, and textures. They’re cost-effective, simple to put on, stretchable, handy, simply washable, and efficient. They permit blood to move in an upward path and reduce the chance of orthostatic hypotension, which causes lightheadedness whereas standing. They decrease the chance of deep vein thrombosis (DVT), stop tissue injury, and supply an enough quantity of oxygen to muscular tissues. They help in decreasing ache, inhibiting the formation of clots and leg swelling, and bettering blood move to the center with out obstructions amongst people. They’re additionally helpful for muscular tissues, as they scale back cramps and enhance lymphatic drainage. Moreover this, they support in enabling the correct functioning of vein valves and offering reduction from numerous issues associated to veins and circulatory methods. As they stop leg ulcers and postphlebitic syndrome amongst people, the demand for compression stockings is growing throughout the globe.
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What are the expansion prospects and tendencies within the compression stockings business?
At current, the rising prevalence of a number of power illnesses, similar to diabetes, hypertension, and cardiovascular issues, amongst people around the globe represents one of many key elements supporting the expansion of the market. Moreover this, the growing adoption of compression stockings amongst sufferers present process numerous surgical procedures to keep up good blood circulation is strengthening the expansion of the market. Moreover, there’s a rise within the demand for delicate, comfy, and cost-efficient therapeutic options amongst people throughout the globe.
This, coupled with the growing employment of compression stockings among the many geriatric inhabitants, as they’re extra susceptible to a number of illnesses, is propelling the expansion of the market. Aside from this, the rising adoption of compression stockings because of the rising shopper choice for compression remedy that present vein help is positively influencing the market. Along with this, the broad availability of compression stockings by on-line and offline distribution channels worldwide is contributing to the expansion of the market.
Furthermore, the growing utilization of compression stockings to forestall the incidence or development of venous illnesses, similar to edema, phlebitis, and thrombosis, amongst people throughout the globe is providing profitable development alternatives to business buyers. Moreover, governing companies of assorted international locations are specializing in bettering healthcare amenities and gadgets to offer enhanced medical help to people around the globe.
What’s included in market segmentation?
The report has segmented the market into the next classes:
Breakup by Product Kind:
Breakup by Demography:
Breakup by Distribution Channel:
Breakup by Area:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Center East and Africa
Who’re the important thing gamers working within the business?
The report covers the most important market gamers together with:
2XU Pty Ltd., Bauerfeind AG, Belsana, Creswell Sock Mills, DJO LLC (Enovis Company), Gloria Med Spa, Manifattura Cizeta s.r.l., medi GmbH & Co. KG, Sigvaris AG (Sigvaris Administration AG), Spanx Inc., Thuasne and Triumph House Well being Provides.
If you happen to require any particular data that’s not coated at present inside the scope of the report, we are going to present the identical as part of the customization.
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