Global Compression Socks Market Research Report 2021

Diabetes is one of the growing concerns among adults 18 years of age and above. World health Organization (WHO) estimates that the global prevalence of diabetes is increased to 8.5% in 2014 as compared to 4.7% in 1980. Diabetes is identified as one of the major cause of lower extremity (LE) or peripheral edema, venous insufficiency and deep vein thrombosis, leading to multiple or combined etiologies. Compression therapy is a non-invasive treatment regime to improve the blood circulation in patients suffering from diabetes, varicose veins, and spider veins thus maintaining desired pressure in the feet's and legs. Compression socks accelerate venous blood flow by providing a gently graduated support to leg veins and valves creating improved blood flow. Compression socks are available in varying degrees of compression ranging from mild to higher levels of compression. The levels of compression are expressed in millimeters of mercury (mmHg), and different levels of compression socks are used in a treatment of different medical conditions. A mild level compression therapy (up to 25mmHg) is used to relieve the symptoms of swelled and paining legs, varicose and spider vein. High levels of compression therapy, greater than 25mmHg is considered contradiction for a diabetic patient. The low-level compression therapy socks do not require a physician's prescription while higher therapeutic compression socks are not sold without the doctor's prescription. Compression socks are available in various fits and sizes are often considered as the first line of treatment for varicose veins, spider veins, and edema in patients with diabetes. Apart from this compression therapy is largely exploited by athletes with venous insufficiency. The compression socks market is expected to generate substantial revenues over the forecast period.
Diabetes remains one of the foremost accelerating factors for compression socks market growth. A diabetic patient is at higher risk of developing venous insufficiency, peripheral edema, and DVT. Therefore, wearing compression socks delivers desired pressure at the foot and less pressure at the calves maintaining proper blood circulation. This prevents swelling and improves any nerve sensitivities. Furthermore, compression socks are cheaper and much simpler than alternative treatment therapies and hence remain the most popular choice of the patients with DVT and other prophylaxis. Additionally, increasing use of compression socks among athletes with the prime focus on improving the venous return by applying graduated compression around the calves is expected to drive the market for compression socks over the forecast period.

The global Compression Socks market was valued at US$ XX million in 2019 and is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.
This report focuses on Compression Socks volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Compression Socks market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Compression Socks Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Knee High
Thigh High
Pantyhose/ Maternity
Waist Attachment

Segment by Application
Hospitals Pharmacies
Retail Pharmacies
Online Channels

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
FLA Orthopedics
Sigvaris
Juzo
2XU
JOBST
Adidas
Bio Compression Systems
COMFORT PLUS

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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.
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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.
Details
QYR-17250376

22-Jan-2021

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