Compression Stockings Market

The global Compression Stockings market was valued at 1435.56 Million USD in 2021 and will grow with a CAGR of 6.31% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of Compression Stockings Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Compression Stockings Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Elastic stockings are the medical equipment which is made of a material that has a very high elasticity. Elastic stockings can deliver a distributed amount of compression at the ankle and up the leg and help relieve symptoms and slow the progress of varicose veins. They are designed to gently squeeze the legs, which promotes good blood flow in the veins. Patients with venous disease may benefit from wearing elastic stockings even if they have not recently undergone scleratherapy treatment for varicose veins.The global sales of elastic stockings are estimated from 24937 K Pairs in 2011 to 34077 K Pairs in 2016, at a CAGR of more than 6%. In 2016, the global elastic stockings sale market was led by USA, Europe, China and Japan, and USA and Europe are the most important sales market. At present, there are many manufacturers distributed around the world and the major manufacturers` activities of elastic stockings are Medtronic (Covidien), Sigvaris, BSN Medical, Medi, Juzo etc. The top five companies holding 60% sales share in 2016. Covered Yarn, spandex and nylon are the main raw materials for the production of elastic stockings. Most of companies purchase materials from the market. With the development of elastic stockings, the raw materials manufacturers are also benefited from the elastic stockings industry in some extent. Elastic stockings can be classified into two types: gradient socks and anti-embolism socks. Gradient socks are more often prescribed to the ambulatory patient, or those who are walking, accounting for about 76% of the total sale amount in 2016. People with venous disorders, such as edema, phlebitis and varicose veins is the main consumer of elastic stockings. Among them, ambulatory patients who have long periods of sitting and standing, such as nurses, traveler, and teachers are largest consumer of stretch socks, with the market share of 63.02% in 2016. We tend to believe this industry is an emerging industry, and with the economic recovery, more and more people pay attention to their status of physical health, especially in rural places that have a large population and fast economic growth, the need of elastic stockings will increase and the consumption increasing degree will show a rapid growth curve.

By Market Verdors:

Medtronic(Covidien)

Sigvaris

Medi

BSN Medical

Juzo

3M

Bauerfeind AG

Thuasne Corporate

Pretty Legs Hosiery

Salzmann-Group

Paul Hartmann

Cizeta Medicali

Belsana Medical

Gloria Med

Zhende Medical Group

Maizi

TOKO

Okamoto Corporation

Zhejiang Sameri

MD

By Types:

Gradient Socks

Anti-Embolism Socks

By Applications:

Ambulatory Patients

Post-operative Patients

Pregnant Women

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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