Compression Garments And Stockings Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What Long-Term Growth Rate is Expected for the Compression Garments And Stockings Market Between 2025 and 2034?
The market for compression garments and stockings has seen robust growth in recent years. The market size, which was at $3.24 billion in 2024, is projected to swell to $3.44 billion in 2025, representing a compound annual growth rate (CAGR) of 6.1%. The surge observed during the historic period can be credited to factors such as advancements in medical technology and its applications, the aging population, the embrace by the sports and fitness sector, the harmony with fashion and style trends, and medical and therapeutic requirements.
The market for compression garments and stockings is predicted to experience robust growth in the coming years, expected to reach $4.29 billion by 2029 with a compound annual growth rate (CAGR) of 5.7%. Various factors contributing to this upswing during the forecast period include regulatory support and standardization, expansion of online retail, the trend of athleisure and comfort clothing, incorporation of fashion and style elements, heightened awareness, and increased educational efforts, as well as growth in medical applications. Key trends throughout this period are set to be regulatory support and standardization, the athleisure and comfort wear movement, expansion in online retail and e-commerce, initiatives in awareness and education, as well as the integration of fashion and style.
What Strategic Factors Are Influencing the Accelerated Growth of the compression garments and stockings Market?
The escalating rates of obesity are forecasted to fuel growth in the compression garments and stockings market. This rise is due to obesity being a health condition marked by an excessively high and potentially harmful accumulation of body fat. Compression wear is an aid for those struggling with obesity, as they seek to reduce weight, offering relief from discomfort and pain. They also enhance circulation, minimize swelling and inflammation, which are frequent issues in overweight and obese persons. For example, the World Heart Federation, a Switzerland-based global cardiovascular community, reported in March 2023 that approximately 2.3 billion adults and children worldwide were obese or overweight. Additionally, based on the current trend of obesity, they estimate that the number of people with obesity will rise to 2.7 billion by 2025. Hence, the growing incidence of obesity is contributing to an upward trajectory in the compression garments and stockings market. The Compression Garments And Stockings Market is also expected to be driven by the increasing occurrence of chronic diseases. Chronic diseases are long-lasting medical conditions that progress slowly and generally persist for a prolonged period. They often endure for years or for a lifetime, and they do not normally resolve on their own. Compression garments and stockings are essential to improving the quality of life for individuals suffering from chronic diseases like venous insufficiency, chronic venous diseases, lymphedema, and circulation problems related to diabetes. These products provide external pressure that improves blood flow, reduces edema, and prevents blood pooling, all of which are crucial for managing chronic conditions and avoiding complications. For example, according to the World Health Organization, a specialized agency of the United Nations based in Switzerland, in September 2022, there were 41 million deaths globally every year which accounts for 74% of the total – all caused by non-communicable diseases (NCDs) or chronic diseases. Cardiovascular diseases took 17.9 million lives, cancer took 9.3 million lives, chronic respiratory diseases led to 4.1 million deaths, and diabetes caused 2.0 million deaths. Therefore, the escalating prevalence of chronic diseases is promoting growth in the compression garments and stockings market.
Request Your Free Compression Garments And Stockings Market Report Sample Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=13288&type=smp
What Are the Key Firms That Are Driving Transformation in the Compression Garments And Stockings Market?
Major companies operating in the compression garments and stockings market report are:
• 3M Company_x000D_
• BSN Medical Pvt. Ltd._x000D_
• Medi GmBH & Co. KG_x000D_
• SIGVARIS Group_x000D_
• Medical Z_x000D_
What Current Trends in the Compression Garments And Stockings Market Should Industry Players Pay Attention To?
Several major corporations involved in the compression garments and stockings market are shifting their focus towards medical-grade compression attire with unique features, like the FlexFit Comfort Ankle. This initiative is in a bid to increase their market revenues. The FlexFit Comfort Ankle is a special foot design with mobile compression sections that promote improved blood flow, lymphatic circulation, and ankle flexibility. To illustrate, in July 2023, The Marena Group, a company based in the U.S. that specializes in medical-grade compression, unveiled a lipedema compression garment implemented with the inventive FlexFit Comfort Ankle feature. This is crucial for providing comfort and managing unpleasant sensations during a healing process. The product was specifically tailored to aid those recuperating from lipedema reduction treatments. Moreover, the new lipedema garment also included Marena’s exclusive TriFlex Fabric, primarily utilized for its benefits in post-surgical recovery post liposuction. This material provides multidirectional 3D stretching, moisture absorption and cooling abilities, shape-enhancement components, and anti-microbial growth characteristics.
Pre-order Your Report for Quick and Easy Delivery!
Which Growth-Oriented Segments of the Compression Garments And Stockings Market Are Leading the Industry’s Development?
The compression garments and stockings market covered in this report is segmented –
1) By Product Type: Compression Garments, Compression Stockings
2) By Distribution Channel: Hospitals, Ambulatory Surgical Centers, Clinics, Online Sales, Other Healthcare Facilities
3) By Application Type: Varicose Veins, Wound Care, Burns, Oncology, Other Applications
Subsegments:
1) By Compression Garments: Compression Shirts, Compression Sleeves (Arm And Leg), Compression Shorts, Full-Body Compression Suits
2) By Compression Stockings: Knee-High Compression Stockings, Thigh-High Compression Stockings, Waist-High Compression Stockings, Anti-Embolism Stockings
What Regions Are Driving Expansion in the Compression Garments And Stockings Market?
North America was the largest region in the compression garments and stockings market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the compression garments and stockings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Is the Compression Garments And Stockings Market Categorized and Defined in the Industry?
Compression garments and stockings refer to the specialized attire made with elastomeric fibers designed to exert significant mechanical force on specific body zones to provide stability, compression, and support to the tissues beneath. They are used for medical therapy, sports, and other applications.
Browse Through More Similar Reports By The Business Research Company:
Computer Hardware Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/computer-hardware-global-market-report
Operating Systems & Productivity Software Publishing Global Market Report 2024
Personal Computers Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/personal-computers-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
