The compression stockings are primarily designed hosiery products which helps in improvising the blood flow to legs, blood clotting, and preventing the progression of various venous disorders and conditions. These products consist of compression garments used in the lower extremities, especially around the legs, these help in compressing the limb. The compression further decreases the diameter of swollen veins & boosts the velocity of venous blood and valve effectiveness. This form of therapy prevents venous stasis and venous walls impairment, relieves aching and heavy legs, and decreases venous pressure.
According to study, “Compression Stockings Market by Type (Knee High and
Thigh high), Demography (Men and Women) and Distribution Channel (Departmental
Stores and E-commerce): Global Opportunity Analysis and Industry Forecast,
2019-2026”. Some of the key companies operating in the
global compression stockings market are Creswell Sock Mills,Spanx Inc., 2xu Pty
Ltd., Triumph International Corporation, Leonisa, Ann Chery, I-Runner, Colfax
Corporation (DJO Global), European Lingerie Group, and Zhende Medical Group.Some
of the key manufacturers are now actively involved in the new product launch
and the acquisition of companies designed to gain a larger market share for the
compression socks market. The investments towards the product development and the
overall collaboration with the various healthcare organizations some of the key
strategies that is being adopted by manufacturers.
Based on product type, compression stockings market is segmented
into thigh high compression stockings, knee high compression stockings, and
pantyhose compression stockings. The knee-high segment is estimated to register
the fastest CAGR due to availability of the product in various designs and
attractive colors during the forecast period. Based on size, market is
segmented into small size, medium size and large size. Based on demography,
market is segmented into men and women. Based on condition, market is segmented
into lymphedema, venous disorders, sports-related injuries, and others. In addition,
based on distribution channel, market is segmented into hospital pharmacies
& clinics, online specialty stores, retail stores, and others.
The compression stockings market is driven by rise in number of
chronic venous leg ulceration (VLU) patients, followed by change in lifestyle,
rise in demand from geriatric population and growth in advancement in fabrics
and garments designs. However, Rise in awareness of probable side effects of
compression garments may impact the market. Moreover, rise of social media
marketing and continuous product innovation are key opportunities for market.
Based on geography, the North-American region dominates the
compression stockings market owing to ongoing efforts by government &
non-government organizations for creating awareness about conditions for
instance venous disorders, lymphedema, etc. in the region. Whereas, the
Asian-Pacific and European regions are likely to exhibit significant growth
rate due to rise in incidence of venous disorders among the population over the
forecast period. In upcoming years, it is expected that future of the market
will be optimistic because of rise in number of health conscious consumers
during the forecast period. The Compression Stockings market size was valued at
US $1.6 billion in 2018 and is anticipated to reach US $2.4 billion by 2026,
registering a CAGR of 5.6% from 2019-2026.
For More Information, refer to
below link:-
Global
Compression Stockings Market
Related
Report:-
Global
Compression Stockings Market 2019 by Manufacturers, Regions, Type and
Application, Forecast to 2024
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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