Global Medical Compression Stocking Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028

SKU ID : Maia- 24317333

No. of pages : 108

Publishing Date : 17-Jul-2023

According to the latest research, the global Medical Compression Stocking market size was valued at USD 1308.37 million in 2022 and is expected to expand at a CAGR of 5.1% during the forecast period, reaching USD 1763.71 million by 2028.

Medical compression stockings are a specialized hosiery designed to help prevent the occurrence of, and guard against further progression of, venous disorders such as edema, phlebitis and thrombosis. Compression stockings are elastic compression garments worn around the leg, compressing the limb. This reduces the diameter of distended veins and increases venous blood flow velocity and valve effectiveness. Compression therapy helps decrease venous pressure, prevents venous stasis and impairments of venous walls, and relieves heavy and aching legs.
Knee-high compression stockings are used not only to help increase circulation, but also to help prevent the formation of blood clots in the lower legs. They also aid in the treatment of ulcers of the lower legs.
Unlike traditional dress or athletic stockings and socks, compression stockings use stronger elastics to create significant pressure on the legs, ankles and feet. Compression stockings are tightest at the ankles and gradually become less constrictive toward the knees and thighs. By compressing the surface veins, arteries and muscles, they force circulating blood through narrower channels. As a result, the arterial pressure is increased, which causes more blood to return to the heart and less blood to pool in the feet.

Expansion of product sales channels
Expanding sales channels will help Compression socks producers increase product sales and reduce product inventory. This requires manufacturers to establish good cooperative relationships with various distributors and retailers, enter the market faster, and occupy a higher market share. In addition, companies need to carry out certain marketing and publicity on their products to form a customer-oriented marketing concept and establish a good brand image. And with the development of the global Internet industry, Compression stocking companies need to actively develop e-commerce channels, and e-commerce may become a new growth point for the Medical Compression Stockings product market.

Rise in awareness of probable side effects of compression stocking
Because compression stockings are very tight, they are difficult to put on. The legs should be kept clean and dry. Wait for the lotion to be absorbed before putting on stockings. This is a point that many stocking users have to consider. As compression stockings are highly utilized to increase blood circulation in the body, prevent the coagulation of fluid in the tissue space, and promote muscle health, more and more people use compression stockings to prevent inflammation and swelling after injury or trauma. But the side effects of compression stockings are also highlighted. And if a person wears stocking for too long, it is more likely to have a negative impact. For example, burning, sweating, broken skin, skin allergies, discomfort, temporary sunken and wrinkled skin, wrong wearing or wrong size socks are more likely to cause problems. People must check their legs and feet every day for signs of injury or irritation. In addition, people often use compression socks in sports, but because compression socks have a certain weight, this weight offsets the sports benefits of compression socks, because this weight is basically close to the weight of lightweight running shoes. This would make patients uncomfortable and lead to them giving up the medical compression stocking.

Region Overview:
In global comparison, a significant portion of the revenue was generated in North America (35.54% in 2021).

Company Overview:
Sigvaris Management AG is one of the major players operating in the Medical Compression Stocking market, holding a share of 20.67% in 2020.

Sigvaris Management AG
SIGVARIS is a Swiss based family-owned company with more than 1600 employees worldwide. It is the leading company in compression wear with a rich 150 years of medical expertise. It strives to help people feel their best - every day. Its leadership is based on continuous development and innovation as well as a deep dedication to meet the needs of customers with solutions that make a difference.

Medi GmbH & Co KG
Around 2,700 medi employees worldwide develop innovative solutions for a better quality of life - from Bayreuth to the world. The goal: To enable users and patients to achieve maximum therapeutic success in the medical field (medi Medical) and a unique body feeling in the sports and fashion segment (CEP and ITEM m6).

Segmentation Overview:
As for product types, the Gradiented Compression Stockings segment held the largest market share in 2021.

Gradiented Compression Stockings
True gradient compression stockings improve blood flow. Therefore, stockings are designed to deliver a controlled amount of pressure which is greatest at the distal end (ankle) of the garment and gradually decreases towards the proximal end (top) of the stocking. This gradient pressure promotes better circulation to help control swelling and relieve tired and achy legs.

Anti-Embolism Stockings
Anti-Embolism Stockings are often referred to as compression stockings or compression socks. An anti-embolism stocking is used as a medical compression stocking to treat venous and lymphatic medical problems.

Application Overview:
The market's largest segment by application is the segment Hospitals, with a market share of 37.1% in 2021.

Hospitals
Compression stockings products witness increased demand in various healthcare sectors-hospital being one of the major consumers. Patients who undergo surgeries, especially on their limps due to serious injuries, doctors recommend them to wear compression garments that include compression stockings for proper blood circulation. Hence, surge in demand of different types of compression stockings drives the growth of the global compression stockings market.

Clinics
People who travel frequently, take airplanes, long-distance buses, and flight attendants--commonly referred to as economy class syndrome tend to buy medical compression stocking in clinics. Due to weightlessness at high altitude, the blood flow in the legs is not smooth, leading to venous diseases of the lower limbs. Compression stockings are used after surgery to prevent blood clots developing in the leg, which is known as deep vein thrombosis (DVT).

This report elaborates on the market size, market characteristics, and market growth of the Medical Compression Stocking industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Medical Compression Stocking. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.

Key Points this Global Medical Compression Stocking Market Report Include:
Market Size Estimates: Medical Compression Stocking market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Medical Compression Stocking market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Medical Compression Stocking market
Segment Market Analysis: Medical Compression Stocking market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Medical Compression Stocking market situations and prospects in major and top regions and countries
Medical Compression Stocking Market

Competitive Landscape

and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
Medical Compression Stocking Industry Chain: Medical Compression Stocking market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Medical Compression Stocking Industry News, Policies by regions
Medical Compression Stocking Industry Porters Five Forces Analysis

Key players in the global Medical Compression Stocking market are covered in Chapter 2:
Thuasne Corporate
Gloria Med
Medi GmbH & Co KG
Bauerfeind AG
Cardinal Health
Juzo
Sanyleg
Sigvaris Management AG
BSN medical
3M
Relaxsan
Medtronic plc (Covidien)
Cizeta Medicali
Belsana Medical

In Chapter 6 and Chapter 9, on the basis of types, the Medical Compression Stocking market from 2018 to 2028 is primarily split into:
Gradiented Compression Stockings
Anti-Embolism Stockings

In Chapter 7 and Chapter 10, on the basis of applications, the Medical Compression Stocking market from 2018 to 2028 covers:
Hospitals
Clinics
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.

Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Medical Compression Stocking market size in terms of revenue, sales volume, and average price.

Chapter 2 analyzes the main companies in the Medical Compression Stocking industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.

Chapter 3 is an analysis of the competitive environment of Medical Compression Stocking market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.

Chapter 4 is an analysis of the Medical Compression Stocking industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.

Chapter 5 focuses on Medical Compression Stocking market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.

Chapters 6-8 have segmented the Medical Compression Stocking market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.

Chapters 9-11 provide detailed Medical Compression Stocking market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.

Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.

Years considered for this report:


Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2028

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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