Compression Garments and Stockings Market Set To Bolster And Reach USD 3,216.7 Million by 2022

04-Oct-2018 | Zion Market Research

Some of the major players in compression garments and stockings market comprise 3M, 2XU Pty. Ltd, Leonisa, Inc., BSN Medical, medi GmbH & Co KG, Medical Z, Santemol Group Medical, and Nouvelle, Inc. These players are also involved in collaboration deals for R&D to exploit utmost potential. In addition to this, various innovative launches by major players is also set to power the compression garments and stockings market. For example, recently, medi GmbH & Co KG launched Compression garments for the treatment of oedema, thereby powering the compression garments and stockings market.

According to the report by Zion Market Research, Global compression garments and stockings market was capitalized at almost USD 2,387.4 Million in 2016 and is likely to create income of almost USD 3,216.7 Million by end of 2022, developing at a CAGR of almost 5.1% from 2017 to 2022.

Development Of The Healthcare Industry To Power The Growth Of Compression Garments And Stockings Market

The rise of the diseases such as lymphedema & varicose veins and overall development of the healthcare industry leads to the growth of compression garments and stockings market. A massive global elderly population (which is effortlessly impacted by age-associated muscular issues) and the steady increase of the sports & fitness sector are some of the boosters that pulling up the capability of the compression garments and stockings market all over the world. The complete manufacturing of compression garments and stockings market is concentrated in Australia and Canada. The overall positive scene of the textile industry and supply of clothes is powering the development of the compression garments and stockings market. The requirement for compression garments has elevated since athletes prefer them to prevent any type of possible wound during an event. The manufacturers are continuously revamping styles and innovating with the raw materials to woo more users, powering the compression garments and stockings market. The compression garments and stockings market are very prosperous due to the constant modernization drive occurring in the fitness, sports, and healthcare industry, which in return boosts the compression garments and stockings market.

Browse the full " Compression Garments and Stockings Market by Product type (Compression Garments and Compression Stockings), Application and End-users: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 - 2022" report at https://www.zionmarketresearch.com/report/compression-garments-stockings-market

The compression garments and stockings market is divided based on product type into compression stockings and compression garments. Compression garments segment is likely to develop at fastest rate over the forecast period in the global compression garments and stockings market. The compression garments and stockings market is classified based on application into wound care, varicose veins, oncology, burns, and others. Varicose veins segment is likely to develop at quickest rate over the forecast period in compression garments and stockings market

ASC’s, hospital, online sales, clinics, and other healthcare facilities are major end-users of the global compression garments and stockings market. The hospital segment ruled the compression garments and stockings market in 2016 in terms of revenue.

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The global compression garments and stockings market is segmented as follows:

By Product

  • Compression Garments
    • Upper Compression Garments
    • Lower Compression Garments
  • Compression Stockings
    • Anti-Embolism Compression Stockings
    • Gradient Compression Stockings

By Application 

  • Varicose Vein
  • Wound Care
  • Burns
  • Oncology
  • Others 

By End User 

  • Hospitals
  • Ambulatory Surgical Centers (ASC’s)
  • Clinics
  • Online Sales
  • Other Healthcare Facilities

By Region

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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