Global Compression stockings market

Compression Stockings Market Size, Share, Growth Analysis, By Product Type(Gradient Compression Stockings, Anti-Embolism Compression Stockings, Non-Medical Compression Stockings, and Custom Compression Stockings.), By Application(Deep Vein Thrombosis, Chronic Venous Disorder and Diabetes Wounds), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35B2154 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 63 | Figures: 70

Compression Stockings Market Insights

Compression Stockings Market size was valued at USD 2.1 Billion in 2023 and is poised to grow from USD 2.22 Billion in 2024 to USD 3.43 Billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).

The compression stockings market is witnessing steady growth driven by the increasing prevalence of various venous disorders, such as deep vein thrombosis (DVT), varicose veins, and lymphedema. Compression stockings are designed to improve blood circulation, reduce leg swelling, alleviate discomfort, and prevent the progression of venous disorders. These stockings apply graduated pressure to the legs, exerting the highest pressure at the ankle and gradually decreasing towards the upper leg.

The market is segmented based on product type, including gradient compression stockings, anti-embolism compression stockings, and non-medical compression stockings. Gradient compression stockings, which offer varying levels of pressure across different parts of the leg, dominate the market due to their effectiveness in managing venous conditions. Additionally, the market is categorized into thigh-length, knee-length, and waist-length stockings to cater to diverse patient needs.

North America holds a significant share in the compression stockings market due to the rising geriatric population and increasing cases of venous disorders. Europe is also a prominent market, driven by a high prevalence of varicose veins and the adoption of preventive healthcare measures. The Asia-Pacific region is experiencing rapid growth due to growing awareness, increasing healthcare infrastructure, and rising disposable income.

Key drivers include the rising aging population, sedentary lifestyles, obesity, and a surge in chronic diseases that contribute to venous disorders. Moreover, advancements in material technologies, the availability of fashionable and comfortable compression stockings, and increasing awareness campaigns about venous health are further propelling market growth. As patients seek non-invasive and cost-effective solutions for managing venous conditions, the compression stockings market is expected to continue its expansion.

US Compression Stockings Market is poised to grow at a sustainable CAGR for the next forecast year.

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Compression Stockings Market size was valued at USD 2.1 Billion in 2023 and is poised to grow from USD 2.22 Billion in 2024 to USD 3.43 Billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).

The competitive landscape of the compression stockings market is characterized by the presence of several established players and a growing number of emerging companies. Leading companies in the market are focusing on product innovation, strategic partnerships, and expanding their distribution networks to maintain their competitive edge. They are investing in research and development to introduce advanced materials, designs, and technologies that enhance the efficacy and comfort of compression stockings. 'Sigvaris', 'Medtronic', 'BSN Medical', 'Juzo', 'Medi', 'Therafirm', '3M', 'Jobst', 'Santemol Group Medikal', 'Paul Hartmann', 'Cizeta Medicali', 'Salzmann-Group', 'The Walgreen Company', 'Stryker', 'Nouvelle, Inc.'

The rising incidence of venous disorders such as deep vein thrombosis (DVT), varicose veins, and chronic venous insufficiency is a major driver for the compression stockings market. These conditions lead to discomfort, swelling, and potential complications, driving the demand for compression stockings to alleviate symptoms and prevent disease progression.

Technological Advancements: The compression stockings market is witnessing significant advancements in materials and manufacturing technologies. Innovative materials, such as moisture-wicking fabrics and seamless designs, enhance comfort and wearability while maintaining therapeutic effectiveness.

The compression stockings market exhibits regional variations driven by factors such as healthcare infrastructure, prevalence of venous disorders, and awareness about leg health. North America holds a significant share due to a growing aging population and a rise in lifestyle-related venous conditions. The region's advanced healthcare facilities and high awareness levels among the population contribute to market growth. Europe is also a prominent market due to a higher prevalence of venous disorders attributed to genetic predisposition and a sedentary lifestyle. The region's emphasis on preventive healthcare and accessibility to medical products further boosts the adoption of compression stockings.

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Global Compression stockings market

Report ID: SQMIG35B2154

$5,300
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