The compression stockings market size is expected to see strong growth in the next few years. It will grow to $2.26 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to growing healthcare expenditure, expansion of e-commerce, customization and personalization, focus on preventive healthcare. Major trends in the forecast period include rising demand for fashionable compression stockings, shift towards sustainable materials, digital health integration, telemedicine and remote consultations.
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Segmentation & Regional Insights
The compression stockings market covered in this report is segmented –
1) By Type: Compression Socks, Compression Hosiery
2) By Distribution Channel: Offline , Online
3) By Application: Adult men, Adult women, Aged Man, Aged Woman
North America was the largest region in the compression stockings market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the compression stockings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing prevalence of deep vein thrombosis is driving the growth of the compression stockings market going forward. Deep vein thrombosis (DVT) is a condition where a blood clot forms in one or more deep veins in the body, commonly in the legs. The prevalence of deep vein thrombosis is increasing due to a sedentary lifestyle, obesity, and the aging population. Compression stockings are beneficial in managing deep vein thrombosis (DVT) by improving blood flow, reducing pain and swelling in the legs, and lowering the risk of developing blood clots. For instance, in August 2023, according to Nuffield Trust Limited, a UK-based independent health think tank company, the UK recorded the highest incidence of DVT, with 352 cases per 100,000 hospital discharges in 2021 and increasing to 377 per 100,000 hospital discharges in 2022. Therefore, the increased prevalence of deep vein thrombosis is expected to propel the growth of the compression stockings market.
Key Industry Players
Major companies operating in the compression stockings market are Medtronic, Creswell Sock Mills, Enovis Corporation, DJO LLC , FIGS Inc., BSN Medical, Spanx LLC, SIGVARIS, Bauerfeind AG, Away, 2XU Pty Ltd., Julius Zorn GmbH, medi GmbH & Co. KG, Design Veronique, Gloria Med Spa, Triumph Home Health Supplies, Swiftwick, European Lingerie Group AB, Zensah, Bio Compression System, Devon Medical Products, Flow Aid Medical Technologies, Santemol Group Medikal , Belsana, Thuasne , Manifattura Cizeta s.r.l
The compression stockings market report table of contents includes:
1. Executive Summary
2. Compression Stockings Market Characteristics
3. Compression Stockings Market Trends And Strategies
4. Compression Stockings Market – Macro Economic Scenario
5. Global Compression Stockings Market Size and Growth
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31. Compression Stockings Market Other Major And Innovative Companies
32. Global Compression Stockings Market Competitive Benchmarking
33. Global Compression Stockings Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Compression Stockings Market
35. Compression Stockings Market Future Outlook and Potential Analysis
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