The latest market report published by Credence Research, Inc. “Global Compression Stockings Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The worldwide compression stockings market has grown steadily in recent years and is predicted to increase at a 5.90% CAGR between 2023 and 2030. In 2022, the market was valued at USD 1.9 billion, and it is predicted to grow to USD 2.8 billion by 2030.
The global compression stockings market has witnessed steady growth in recent years, fueled by factors such as the rising incidence of chronic venous diseases, increasing awareness of the benefits of compression stockings, and the growing demand for maternity compression stockings. Compression stockings are medical-grade stockings that provide progressive compression to the legs, ankles, and feet, improving blood flow, reducing swelling, and lowering the risk of blood clots. They are available in various styles, including gradient compression stockings, anti-embolism stockings, and lymphedema compression stockings.
The global compression stockings market offers significant growth opportunities. The demand from athletes for compression stockings is expanding, as they recognize the benefits in terms of performance and injury prevention. Additionally, there is a high demand for maternity compression stockings, presenting an opportunity for manufacturers to diversify their product offerings and cater to the specific needs of pregnant women. Raising public awareness about the benefits of compression stockings and expanding access to retail and online channels are key strategies to capitalize on these opportunities.
North America Compression Stockings Market Drivers refer to the key factors that are influencing and propelling the growth of this particular market in the region. These drivers play a crucial role in shaping the demand and supply dynamics of compression stockings, which are specialized garments designed to apply pressure on the legs, promoting blood circulation and minimizing swelling or discomfort caused by various medical conditions. One significant driver is the rising prevalence of chronic venous diseases such as deep vein thrombosis (DVT) and varicose veins among individuals across North America. This has led to an increased awareness regarding preventive measures like compression stockings, driving their adoption amongst both patients and healthcare professionals.
Why to Buy This Report-
- The report provides a qualitative as well as quantitative analysis of the global Compression Stockings Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
- The report includes information on the competitive landscape, such as how the market’s top competitors operate at the global, regional, and country levels.
- Major nations in each region with their import/export statistics
- The global Compression Stockings Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
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