Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Compression Garments and Stockings Market – Insights

Compression garments are tight-fitting, elastic garments, which exert graduated pressure over certain areas of the body to ensure continuous blood flow throughout the veins by increasing venous return and reducing peripheral swelling. They are designed to restore and promote normal fluid circulation.

The global compression garments and stockings market is estimated to account for US$ 2,346.7 Mn in terms of value in 2019 and is expected to reach US$ 3,541.1 Mn by the end of 2027.

Global Compression Garments and Stockings Market: Drivers

Increasing prevalence of varicose veins is expected to boost growth of the global compression garments and stockings market over the forecast period. For instance, according to the American Vein and Lymphatic Society, 2019, over 40 million people in the U.S. suffer from varicose veins.

Moreover, increasing number of orthopedic surgeries is also expected to aid in growth of the market. For instance, according to American Academy of Orthopedic Surgeons, by 2030, primary total joint replacement is projected to increase by 171% and primary total knee replacement is projected to increase by up to 189%, for a projected 635,000 and 1.28 million procedures, respectively, in the U.S.

Europe region held dominant position in the global compression garments and stockings market in 2018, accounting for 46.9% share in terms of value, followed by North America.

Compression Garments and Stockings  | Coherent Market Insights

Global Compression Garments and Stockings Market: Restraints

Players in the market are required to follow stringent guidelines while production of medical compression garments. Three main objectives must be reached that is optimal therapeutic efficacy, product reliability, and best comfort. A patient with a weak skin, venous ulcer or some other wounds can suffer from shearing due to the garment. This in turn limits the design space for potential conceptual ideas as patient safety is a major concern.

Complications related to improper use of compression stockings, may also limit growth of the market. Although the application of compression stockings appear simple, inappropriately worn stockings can cause significant problems. Such as breaking of skin, especially in older, malnourished patients, and those with thin and brittle skin. 

Global Compression Garments and Stockings Market: Opportunities

Ensuring the consistency and repeatability of the applied pressure throughout its use is a major challenge for compression garments. This is owing to the limited sizing options of most compression garments. Key players in the market can focus on integrating sensors in compression garments to enhance their efficacy.

Market players can also focus on developing non-pneumatic anti-shock compression garments as an effective intervention for intradialytic hypotension.

Compression Garments and Stockings  | Coherent Market Insights

Compression garments segment in the global compression garments and stockings market was valued at US$ 2,178.3 Mn in 2018 and is expected to reach US$ 3,456.7 Mn by 2027 at a CAGR of 5.1% during the forecast period.

Market Trends/Key Takeaways

The use of specialized compression stockings, sleeves and gloves has increased in patients suffering from lymphedema, an incurable disease. Use of compression stockings can help prevent complications such as tissue damage, swelling, and infection.

High cost of compression stockings has led to increasing demand for including these products under insurance.  Prices for garments vary considerably. According to the Lymphedema Advocacy Group, a patient volunteer organization seeking a federal mandate for insurance coverage, standard-fit arm sleeve costs US$ 81, whereas a custom-made equivalent costs US$ 202. The total cost of these garments can reach US$ 960 for patients that require custom garments. Moreover, compression garments are needed to be replaced two to four times a year, which further increases the healthcare expenditure.

Global Compression Garments and Stockings Market: Competitive Landscape

Major players operating in the global compression garments and stockings market include, 3M, BSN Medical, Covidien Ltd. (a Medtronic Plc. company), Medi GmBH & Co KG, SIGVARIS, Therafirm, 2XU Pty. Ltd., Santemol Group Medikal, Leonisa, Inc., Nouvelle, Inc., and Medical Z.

Global Compression Garments and Stockings Market: Key Developments 

Major players in the market are focused on adopting collaboration and partnership strategies to enhance their market share. For instance, in November 2018, DJO Global, a provider of compression garments, therapeutic shoes and inserts, partnered with SirenMD, becoming the exclusive sales representative for SirenMD’s sports team market.

In October 2018, Parasol Medical, a provider of compression garments used for pain management and physical therapy, signed an agreement with Professional Products, Inc., under which Professional Products, Inc. will have the global rights for the use of Parasol’s MicrobeCare antimicrobial technology in orthopedic and veterinary bracing markets.

Compression garments are used in improving sports performance, and reduce recovery times, as well as post-surgery applications. Compression garments used post-surgery helps outer skin growth and supports shrinking of the skin. Moreover, use of compression stockings can help prevent complications such as tissue damage, swelling, and infection. It also reduces formation of edema and hematomas. Compression garments can also reduce swelling, and skin dimpling. Moreover, the use of specialized compression stockings, sleeves and gloves has increased in patients suffering from lymphedema. Manufacturers such as 3M, BSN Medical, Covidien Ltd. (a Medtronic Plc. company), Medi GmBH & Co KG, SIGVARIS, and others offer compression garment and stockings in the market

Restraints of the Global Compression Garments and Stockings Market

Issues associated with improper use of compression stockings which causes suboptimal medical outcomes, results in dissatisfaction of the customers/patients about these products which may restrain growth of the market up to certain extent.

Key features of the study:

  • This report provides in-depth analysis of the global compression garments and stockings market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018, as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global compression garments and stockings market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, strategies, and future plans
  • Key companies covered as a part of this study include 3M, BSN Medical, Covidien Ltd. (a Medtronic Plc. company), Medi GmBH & Co KG, SIGVARIS, Therafirm, 2XU Pty. Ltd., Santemol Group Medikal, Leonisa, Inc., Nouvelle, Inc., and Medical Z
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
  • The global compression garments and stockings market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the market.

Detailed Segmentation

  •  Global Compression Garments and Stockings Market, By Product Type:
    • Compression Garments
      • Upper Compression Garments
      • Lower Compression Garments
    • Compression Stockings
      • Anti-Embolism Compression Stockings
      • Gradient Compression Stockings
  • Global Compression Garments and Stockings Market, By Application:
    • Varicose Veins
    • Wound Care
    • Burns
    • Oncology
    • Others
  • Global Compression Garments and Stockings Market, By Distribution Channel:
    • Hospitals
    • Ambulatory Surgical Centers
    • Clinics
    • Online Sales
    • Other Healthcare Facilities
  • Global Compression Garments and Stockings Market, By Geography:
    • North America
      • By Product Type
        • Compression Garments
          • Upper Compression Garments
          • Lower Compression Garments
        • Compression Stockings
          • Anti-Embolism Compression Stockings
          • Gradient Compression Stockings
      • By Application:
        • Varicose Veins
        • Wound Care
        • Burns
        • Oncology
        • Others
      • By Distribution Channel
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
        • Online Sales
        • Other Healthcare Facilities
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Product Type
        • Compression Garments
          • Upper Compression Garments
          • Lower Compression Garments
        • Compression Stockings
          • Anti-Embolism Compression Stockings
          • Gradient Compression Stockings
      • By Application:
        • Varicose Veins
        • Wound Care
        • Burns
        • Oncology
        • Others
      • By Distribution Channel
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
        • Online Sales
        • Other Healthcare Facilities
      • By Country:
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type
        • Compression Garments
          • Upper Compression Garments
          • Lower Compression Garments
        • Compression Stockings
          • Anti-Embolism Compression Stockings
          • Gradient Compression Stockings
      • By Application:
        • Varicose Veins
        • Wound Care
        • Burns
        • Oncology
        • Others
      • By Distribution Channel
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
        • Online Sales
        • Other Healthcare Facilities
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Product Type
        • Compression Garments
          • Upper Compression Garments
          • Lower Compression Garments
        • Compression Stockings
          • Anti-Embolism Compression Stockings
          • Gradient Compression Stockings
      • By Application:
        • Varicose Veins
        • Wound Care
        • Burns
        • Oncology
        • Others
      • By Distribution Channel
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
        • Online Sales
        • Other Healthcare Facilities
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East:
      • By Product Type
        • Compression Garments
          • Upper Compression Garments
          • Lower Compression Garments
        • Compression Stockings
          • Anti-Embolism Compression Stockings
          • Gradient Compression Stockings
      • By Application:
        • Varicose Veins
        • Wound Care
        • Burns
        • Oncology
        • Others
      • By Distribution Channel
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
        • Online Sales
        • Other Healthcare Facilities
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type
        • Compression Garments
          • Upper Compression Garments
          • Lower Compression Garments
        • Compression Stockings
          • Anti-Embolism Compression Stockings
          • Gradient Compression Stockings
      • By Application:
        • Varicose Veins
        • Wound Care
        • Burns
        • Oncology
        • Others
      • By Distribution Channel
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
        • Online Sales
        • Other Healthcare Facilities
      • By Country/Region:
        • Central Africa
        • South Africa
        • North Africa
  • Company Profiles
    • 3M*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
    • BSN Medical
    • Covidien Ltd. (a Medtronic Plc. company)
    • Medi GmBH & Co KG
    • SIGVARIS
    • Therafirm
    • 2XU Pty. Ltd.
    • Santemol Group Medikal
    • Leonisa, Inc.
    • Nouvelle, Inc.
    • Medical Z

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Distribution Channel
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Developments
    • Technological Advancement
    • Regulatory Scenario
  4. Global Compression Garments and Stockings Market, By Product Type, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Compression Garments
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
        • Upper Compression Garments
        • Lower Compression Garments
    • Compression Stockings
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
      • Segment Trends
        • Anti-Embolism Compression Stockings
        • Gradient Compression Stockings
  5. Global Compression Garments and Stockings Market, By Application, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Varicose Veins
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Wound Care
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Burns
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Oncology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  6. Global Compression Garments and Stockings Market, By Distribution Channel, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Online Channels
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Other Healthcare Facilities
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  7. Global Compression Garments and Stockings Market, By Regions, 2019 – 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017–2027
      • Segment Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
        • North Africa
        • Central Africa
        • South Africa
  8. Competitive Landscape
    • Company Profiles
      • 3M
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • BSN Medical
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Covidien Ltd. (a Medtronic Plc. company)
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Medi GmBH & Co KG
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • SIGVARIS
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Therafirm
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • 2XU Pty. Ltd.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Santemol Group Medikal
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Leonisa, Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Nouvelle, Inc.
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Medical Z
        • Company Overview
        • Product Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 30 market data tables and 22 figures on “Compression Garments and Stockings Market – Global forecast to 2027.

Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner