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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

Published Date: 03-Oct-2017 Category: Medical Device Report Format : PDF Pages: 110 Report Code: ZMR-2347 Status : Published

Global Compression Garments and Stockings Market is expected to reach USD 3,216.7 million by 2022, growing at a CAGR of 5.1% between 2017 and 2022.

Description

The report covers forecast and analysis for the Compression Garments and Stockings Market on a global and regional level. The study provides historic data of 2016 along with a forecast for 2017 to 2022 based revenue (USD Million). The study includes drivers and restraints for the compression garments and stockings market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the compression garments and stockings market on a global level.

In order to give the users of this report a comprehensive view on the compression garments and stockings market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product type segments, applications, and end-user segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.

The study provides a decisive view on the compression garments and stockings market by segmenting the market based on product type, application, end-user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2022. Based on product type the market is segmented into compression garments and compression stockings. Compression garments are further sub-segmented to upper compression garments and lower compression garments. Compression stockings are sub-segmented to anti-embolism stockings and gradient stockings. On the basis of application, the market is segmented into varicose veins, wound care, burns, oncology, and others. Key end-users covered under this study include hospitals, ASC’s, clinics, online sales and other healthcare facilities. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East & Africa with its further bifurcation into major countries including the U.S., Canada, Rest of North America, Germany, U.K., France, Italy, Spain, Russia, Rest of Europe, China, Japan, India, Australia, Rest of Asia Pacific, Brazil, Mexico, Argentina, Rest of Latin America, Saudi Arabia, UAE, Qatar, South Africa and Rest of Middle East and Africa. This segmentation includes demand for compression garments and stockings based on individual product type, its applications, and end-users in all the regions and countries.

The report also includes detailed profiles of end players such as 2XU Pty. Ltd, 3M, BSN Medical, Leonisa, Inc., Medical Z, medi GmbH & Co. KG, Nouvelle, Inc., Santemol Group Medical.

This report segments the global Compression garments and stockings market as follows:

Global Compression Garments and Stockings Market: Product type Segment Analysis

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

Global Compression Garments and Stockings Market: Application Segment Analysis

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

Global Compression Garments and Stockings Market: End-user Segment Analysis

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

Global Compression Garments and Stockings Market: Regional Segment

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

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global Compression Garments and Stockings Market, 2016 – 2022 (USD Million)
    • 2.2. Global Compression Garments and Stockings Market: Snapshot
  • Chapter 3. Compression Garments and Stockings Market– Market Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global compression garments and stockings market drivers: impact analysis
      • 3.2.2. Advancements in fabrics & garment design
      • 3.2.3. Changes in lifestyles
      • 3.2.4. Rising sports injuries boost demand for compression products
      • 3.2.5. Online Shopping Tools That know the Sizes
    • 3.3. Market restraints
      • 3.3.1. Global compression garments and stockings market restraints: impact analysis
      • 3.3.2. Strict guidelines limits the design space for potential conceptual ideas
      • 3.3.3. Lack of favorable reimbursement policies
      • 3.3.4. Cost of raw material
    • 3.4. Market opportunities
      • 3.4.1. Clinical validation key to unlocking greater market opportunity
    • 3.5. Porter’s five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by product type segment
      • 3.6.2. Market attractiveness analysis, by application type segment
      • 3.6.3. Market attractiveness analysis, by end-user segment
      • 3.6.4. Market attractiveness analysis, by regional segment
  • Chapter 4. Global Compression Garments and Stockings Market– Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global compression garments and stockings market: company market share, 2016
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development and Regional Expansion
    • 4.3. Price Trend Analysis
  • Chapter 5. Global Compression Garments and Stockings Market– Product Type Segment Analysis
    • 5.1. Global compression garments and stockings market: product type overview
      • 5.1.1. Global compression garments and stockings market revenue share, by product type, 2016 and 2022
    • 5.2. Compression garments
      • 5.2.1. Global compression garments market , 2016 – 2022 (USD Million)
        • 5.2.1.1. Upper compression garments
          • 5.2.1.1.1. Global upper compression garments market, 2016 – 2022 (USD Million)
        • 5.2.1.2. Lower compression garments
        • 5.2.1.2.1. Global lower compression garments market, 2016 – 2022 (USD Million)
    • 5.3. Compression stockings
      • 5.3.1. Global compression stockings market, 2016 – 2022 (USD Million)
        • 5.3.1.1. Anti-embolism compression stockings
          • 5.3.1.1.1. Global anti-embolism compression stockings market, 2016 – 2022 (USD Million)
        • 5.3.1.2. Gradient compression stockings
          • 5.3.1.2.1. Global gradient compression stockings market, 2016 – 2022 (USD Million)
  • Chapter 6. Global Compression Garments and Stockings Market– Application Segment Analysis
    • 6.1. Global compression garments and stockings market: application overview
      • 6.1.1. Global compression garments and stockings market revenue share, by application, 2016 and 2022
    • 6.2. Varicose Veins
      • 6.2.1. Global compression garments and stockings market for varicose veins, 2016 – 2022 (USD Million)
    • 6.3. Wound care
      • 6.3.1. Global compression garments and stockings market for wound care, 2016 – 2022 (USD Million)
    • 6.4. Burns
      • 6.4.1. Global compression garments and stockings market for burns, 2016 – 2022 (USD Million)
    • 6.5. Oncology
      • 6.5.1. Global compression garments and stockings market for oncology, 2016 – 2022 (USD Million)
    • 6.6. Others
      • 6.6.1. Global compression garments and stockings market for others, 2016 – 2022 (USD Million)
  • Chapter 7. Global compression garments and stockings market– end-user segment analysis
    • 7.1. Global compression garments and stockings market: end-user overview
      • 7.1.1. Global compression garments and stockings market revenue share, by end-user, 2016 and 2022
    • 7.2. Hospitals
      • 7.2.1. Global compression garments and stockings market for hospitals, 2016 – 2022 (USD Million)
    • 7.3. Ambulatory Surgical Centers (ASC’s)
      • 7.3.1. Global compression garments and stockings market for ASC’s, 2016 – 2022 (USD Million)
    • 7.4. Clinics
      • 7.4.1. Global compression garments and stockings market for clinics, 2016 – 2022 (USD Million)
    • 7.5. Online sales
      • 7.5.1. Global compression garments and stockings market for online sales, 2016 – 2022 (USD Million)
    • 7.6. Other healthcare facilities
      • 7.6.1. Global compression garments and stockings market for other healthcare facilities, 2016 – 2022 (USD Million)
  • Chapter 8. Global Compression Garments and Stockings Market– Regional Segment Analysis
    • 8.1. Global compression garments and stockings market: regional overview
      • 8.1.1. Global compression garments and stockings market revenue share, by region, 2016 and 2022
    • 8.2. North America
      • 8.2.1. North America compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
      • 8.2.2. North America compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
      • 8.2.3. North America compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.2.4. U.S.
        • 8.2.4.1. U.S. compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.2.4.2. U.S. compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.2.4.3. U.S. compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.2.5. Canada
        • 8.2.5.1. Canada compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.2.5.2. Canada compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.2.5.3. Canada compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.2.6. Rest of North America
        • 8.2.6.1. Rest of North America compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.2.6.2. Rest of North America compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.2.6.3. Rest of North America compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
      • 8.3.2. Europe compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
      • 8.3.3. Europe compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.3.4. Germany.
        • 8.3.4.1. Germany compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.3.4.2. Germany compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.3.4.3. Germany compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.3.5. U.K.
        • 8.3.5.1. U.K. compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.3.5.2. U.K. compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.3.5.3. U.K. compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.3.6.2. France compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.3.6.3. France compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.3.7. Italy
        • 8.3.7.1. Italy compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.3.7.2. Italy compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.3.7.3. Italy compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.3.8. Spain
        • 8.3.8.1. Spain compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.3.8.2. Spain compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.3.8.3. Spain compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.3.9. Russia
        • 8.3.9.1. Russia compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.3.9.2. Russia compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.3.9.3. Russia compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.3.10. Rest of Europe
        • 8.3.10.1. Rest of Europe compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.3.10.2. Rest of Europe compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.3.10.3. Rest of Europe compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
      • 8.4.2. Asia Pacific compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
      • 8.4.3. Asia Pacific compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.4.4. China
        • 8.4.4.1. China compression garments and stockings market revenue, by product type, 2016 – 2022(USD Million)
        • 8.4.4.2. China compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.4.4.3. China compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.4.5. Japan
        • 8.4.5.1. Japan compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.4.5.2. Japan compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.4.5.3. Japan compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.4.6. India
        • 8.4.6.1. India compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.4.6.2. India compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.4.6.3. India compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.4.7. Australia
        • 8.4.7.1. Australia compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.4.7.2. Australia compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.4.7.3. Australia compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.4.8.2. Rest of Asia Pacific compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.4.8.3. Rest of Asia Pacific compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
      • 8.5.2. Latin America compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
      • 8.5.3. Latin America compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.5.4. Brazil
        • 8.5.4.1. Brazil compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.5.4.2. Brazil compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.5.4.3. Brazil compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.5.5. Mexico
        • 8.5.5.1. Mexico compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.5.5.2. Mexico compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.5.5.3. Mexico compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.5.6. Argentina
        • 8.5.6.1. Argentina compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.5.6.2. Argentina compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.5.6.3. Argentina compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.5.7. Rest of Latin America
        • 8.5.7.1. Rest of Latin America compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.5.7.2. Rest of Latin America compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.5.7.3. Rest of Latin America compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
    • 8.6. Middle East and Africa
      • 8.6.1. Middle East and Africa compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
      • 8.6.2. Middle East and Africa compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
      • 8.6.3. Middle East and Africa compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.6.4. Saudi Arabia
        • 8.6.4.1. Saudi Arabia compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.6.4.2. Saudi Arabia compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.6.4.3. Saudi Arabia compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.6.5. UAE
        • 8.6.5.1. UAE compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.6.5.2. UAE compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.6.5.3. UAE compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.6.6. Qatar
        • 8.6.6.1. Qatar compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.6.6.2. Qatar compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.6.6.3. Qatar compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.6.7. South Africa
        • 8.6.7.1. South Africa compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.6.7.2. South Africa compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.6.7.3. South Africa compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
      • 8.6.8. Rest of Middle East and Africa
        • 8.6.8.1. Rest of Middle East and Africa compression garments and stockings market revenue, by product type, 2016 – 2022 (USD Million)
        • 8.6.8.2. Rest of Middle East and Africa compression garments and stockings market revenue, by application type, 2016 – 2022 (USD Million)
        • 8.6.8.3. Rest of Middle East and Africa compression garments and stockings market revenue, by end-user, 2016 – 2022 (USD Million)
  • Chapter 9. Company Profile
    • 9.1. 2XU Pty. Ltd
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Therapy portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. 3M
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Therapy portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. BSN Medical
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Therapy portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. Leonisa, Inc.
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Therapy portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. Medical Z
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Therapy portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent developments
    • 9.6. medi GmbH & Co KG
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Therapy portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. Nouvelle, Inc.
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Therapy portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
    • 9.8. Santemol Group Medical
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Therapy portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Compression Garments and Stockings market. Zion Research has collected and analyzed key data belong to the global Compression Garments and Stockings market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Compression Garments and Stockings across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Compression Garments and Stockings industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Compression Garments and Stockings market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Compression stockings are elastic hosiery garments applied to a lower limb to achieve graduated compression. They are used for management of venous hypertension, lymphedema, and venous ulcers to reduce edema and aid return of venous blood to the heart. Whereas compression garments are skintight apparels, which stimulate blood circulation and stabilize muscles by exerting pressure on specific parts of the body. Compression apparel helps to improve stamina & body balance and control the body temperature. Compression garments are available in various fits and sizes and often considered as the first line of treatment. Apart from this compression therapy is largely exploited by athletes with venous insufficiency. Exciting innovations are emerging in smart textiles and nanotechnology and the sector’s growth prospects are propelled by the fact that there has been an increase in demand for performance features in mainstream fashion.

Growing caseload for varicose vein treatments and orthopedic surgeries is observed as a key driver boosting the sales of compression garments & stockings. Meanwhile, advancements in fabric and garment designer are serving as a blessing in disguise for compression garment & stocking manufacturers. Moreover, rising sports injuries, increase in the number of orthopedic surgeries, and rapidly growing obese population witnessed in several parts of the world is boosting the global demand for compression therapy products. However manufacturing medical compression garments require strict guidelines to be followed. Manufacturers are prioritizing optimal therapeutic efficacy, product reliability, and best comfort while producing compression garments and stockings. Faulty products and poorly-designed garments & stockings can cause shearing, a potential problem if the patient has weak skin, a venous ulcer or some other wounds. This constraint limits the design space for potential conceptual ideas as patient safety continues to be the most crucial concern and constraint for manufacturers

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Based on product type, compression garments and stockings market has been segmented into compression garments and compression stockings. Compression garments market is further sub-segmented into upper compression garments and lower compression garments. Compression stockings market is sub-segmented into anti-embolism stockings and gradient stockings. The compression garments segment is expected to grow at the fastest rate during the forecast period. Based on applications the compression garments and stockings market is segmented into varicose veins, wound care, burns, oncology, and others. In terms of revenue, varicose veins segment dominated the market in 2016. On the basis of end-user, the compression garments and stockings market is segmented into hospitals, ASC’s, clinics, online sales and other healthcare facilities. In terms of revenue, hospitals segment dominated the market in 2016.  

North America is expected to remain the dominant region over the forecast period. Increasing healthcare expenditure is expected to boost the market in this region. An increasing geriatric population base and rise in sports injuries are contributing to the rise in demand for compression garments in Europe. Developing markets in the Asia Pacific is expected to witness increased patient affinity towards consumption of compression garments, which is likely to positively impact the compression garment products segment in the APAC market.

Some of the key players in compression garments and stockings market include 2XU Pty. Ltd, 3M, BSN Medical, Leonisa, Inc., Medical Z, medi GmbH & Co., KG, Nouvelle, Inc., Santemol Group Medical. Companies are involved in collaboration agreements for R&D to exploit maximum potential.

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