Global Compression Stockings Market Analysis: Size, Drivers, Trends, Opportunities, And Strategies
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The compression stockings market is expected to grow from $1.65 billion in 2023 to $1.75 billion in 2024, at a CAGR of 6.1%. Key drivers include chronic disease prevalence, advancements in materials, regulatory support, and medical developments.
The compression stockings market is expected to experience strong growth, aiming for $2.26 billion by 2028 at a CAGR of 6.5%. This growth can be linked to rising healthcare expenditure, e-commerce expansion, and a focus on preventive healthcare. Trends include fashionable designs, sustainable material shifts, digital health integration, and telemedicine.
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What Forces Are Boosting the Compression Stockings Market’s Growth?
The growing incidence of deep vein thrombosis (DVT) is also expected to propel the growth of the compression stockings market. DVT is marked by blood clots in deep veins, primarily due to sedentary lifestyles and obesity. Compression stockings aid in managing DVT by promoting blood flow and reducing pain. According to Nuffield Trust Limited, DVT incidence in the UK rose from 352 to 377 cases per 100,000 hospital discharges between 2021 and 2022. Consequently, the rising prevalence of DVT is expected to drive the compression stockings market.
What Key Segments Make Up the Compression Stockings Market?
1) By Type: Compression Socks; Compression Hosiery
2) By Distribution Channel: Offline; Online
3) By Application: Adult men; Adult women; Aged Man; Aged Woman
What Are the Latest Trends Impacting the Compression Stockings Market?
In the compression stockings market, firms are innovating with products like Female Curves Bodysuits. Launched by Marena Group LLC in January 2023, these bodysuits are designed to provide controlled pressure for recovery after surgery, specifically catering to curvy body types.
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What Regions Are Dominating the Compression Stockings Market Growth?
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.
The Compression Stockings Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the compression stockings market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Compression Stockings Market Include
1. Compression Stockings Market Executive Summary
2. Compression Stockings Market Segments
3. Compression Stockings Market Size And Template Market Growth Rate
4. Key Compression Stockings Market Trends
5. Major Compression Stockings Market Drivers
……
25. Key Mergers And Acquisitions In The Compression Stockings Market
26. Top Compression Stockings Companies
27. Compression Stockings Market Opportunities And Strategies
28. Compression Stockings Market, Conclusions And Recommendations
29. Appendix
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