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What is the Anticipated CAGR of the Compression Stockings Market, and What Factors Will Drive It?

The size of the compression stockings market has seen significant growth in previous years. It is projected to climb from $1.75 billion in 2024 to $1.87 billion in 2025, boasting a compound annual growth rate (CAGR) of 6.8%. This growth in the historical period can be linked to the widespread presence of chronic diseases, advancements in material and design, regulatory support, and medical progressions.

In the upcoming years, the compression stockings market is projected to witness robust growth, eventually expanding to $2.4 billion by 2029 at a CAGR of 6.4%. The anticipated increase during the forecast period can be linked to factors such as an increase in healthcare spending, the growth of e-commerce, customization and personalization, and an emphasis on preventive healthcare. Prevailing trends for the forecast period comprise an escalating demand for stylish compression stockings, a transition to sustainable materials, integration with digital health, telemedicine, and remote consultations.

What Combination of Drivers Is Leading to Accelerated Growth in the compression stockings Market?

The surge in deep vein thrombosis is fuelling the expansion of the compression stockings market. Deep vein thrombosis (DVT) is a medical condition characterized by the formation of blood clots in one or more deep veins, typically in the legs. Factors such as a sedentary lifestyle, obesity, and aging contribute to its rising prevalence. Compression stockings play a crucial role in the management of DVT by enhancing blood circulation, diminishing pain and leg swelling, and reducing the likelihood of blood clot development. For example, data from Nuffield Trust Limited, a UK-based autonomous health-focused think tank, revealed that the UK had the greatest occurrence of DVT in August 2023, with 352 cases per 100,000 hospital discharges in 2021, and an increase to 377 per 100,000 hospital discharges in 2022. Hence, the escalating prevalence of deep vein thrombosis is anticipated to steer the growth of the compression stockings market.

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Who Are the Top Companies Contributing to the Growth of the Compression Stockings Market?

Major companies operating in the compression stockings market are:

• Medtronic_x000D_

• Creswell Sock Mills_x000D_

• Enovis Corporation_x000D_

• DJO LLC_x000D_

• FIGS Inc._x000D_

How Are Technological Trends Affecting the Growth and Development of the Compression Stockings Market?

Key players in the compression stockings market are concentrating on the creation of novel products like the Female Curves Bodysuits, in order to cater to consumers’ needs with more advanced features. The Female Curves Bodysuit is a specially designed piece of clothing that applies controlled pressure to the body, typically used for recovery post-surgery or for other medical necessities. For instance, in January 2023, Marena Group LLC, an American company that produces medical-grade compression clothing, shapewear and sportswear, introduced a novel Female Curves Bodysuit. This product is catered to women who possess naturally curvaceous figures and are considering body contouring procedures such as liposuction to further accentuate their physique. These compression garments are engineered to offer support and enhance comfort throughout the post-operative recovery phase.

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How Are Key Segments Defining the Competitive Landscape of the Compression Stockings Market?

The compression stockings market covered in this report is segmented –

1) By Type: Compression Socks, Compression Hosiery

2) By Distribution Channel: Offline, Online

3) By Application: Adult men, Adult women, Aged Man, Aged Woman

Subsegments:

1) By Compression Socks: Knee-High Compression Socks, Thigh-High Compression Socks, Calf Compression Socks, Ankle Compression Socks, Foot Compression Socks, Compression Sleeves for Legs, Sports Compression Socks, Medical Compression Socks

2) By Compression Hosiery: Compression Tights, Compression Pantyhose, Compression Stockings, Maternity Compression Hosiery, Post-Surgical Compression Hosiery, Anti-Embolism Stockings, Fashion Compression Hosiery, Therapeutic Compression Hosiery

What Are the Key Regions Powering Growth in the Compression Stockings Market?

North America was the largest region in the compression stockings market in 2024. 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.

How Is the Compression Stockings Market Defined Across Different Regions?

Compression stockings are specialized garments designed to enhance blood circulation to the legs and ankles. They alleviate symptoms of venous disorders such as varicose veins, spider veins, and edema (swelling). They are frequently recommended for individuals who spend prolonged periods sitting or standing, such as travelers, office workers, and athletes, to prevent blood from pooling in the legs and to reduce the risk of blood clots.

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