Global Compression Garments and Stockings Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Compression Garments - Upper Compression Garments and Lower Compression Garments, Compression Stockings - Anti-Embolism Compression Stockings and Gradient Compression Stockings.By Application;
Varicose Veins, Wound Care, Burns, Oncology and Others.By Distribution Channel;
Hospitals, Ambulatory Surgical Centers, Clinics, Online Channels and Other Healthcare Facilities.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Compression Garments and Stockings Market (USD Million), 2021 - 2031
In the year 2024, the Global Compression Garments and Stockings Market was valued at USD 3,165.14 million. The size of this market is expected to increase to USD 4,429.97 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.
The global compression garments and stockings market has witnessed remarkable growth in recent years, driven by an increasing awareness of their therapeutic benefits and a surge in lifestyle-related ailments. Compression garments, designed to exert pressure on specific body parts, find extensive applications in medical, sports, and fitness domains. Medical-grade compression garments are widely prescribed for managing conditions like venous disorders, lymphedema, and deep vein thrombosis, among others. The rising prevalence of these conditions, coupled with advancements in fabric technology, has fueled the demand for compression garments worldwide.
In addition to medical applications, compression garments have gained traction in the sports and fitness industry. Athletes and fitness enthusiasts utilize compression wear to improve performance, reduce muscle fatigue, and expedite recovery post-exercise. Moreover, the growing emphasis on maintaining an active lifestyle and the increasing participation in sports activities have bolstered the adoption of compression garments among the general population.
The market for compression garments and stockings is characterized by a diverse product landscape, ranging from socks and sleeves to shirts and leggings, catering to various consumer needs. Manufacturers are investing in research and development to introduce innovative designs that offer enhanced comfort, durability, and performance. Furthermore, the expansion of e-commerce platforms has provided a significant impetus to market growth, enabling easy accessibility of compression wear to consumers worldwide.
Geographically, North America and Europe dominate the global compression garments and stockings market, driven by the presence of established healthcare infrastructure, high healthcare expenditure, and a proactive approach towards health and wellness. However, emerging economies in Asia Pacific and Latin America present lucrative opportunities for market players, owing to the rising healthcare awareness, improving healthcare infrastructure, and increasing disposable income among the populace. Overall, with the growing focus on preventive healthcare and the expanding applications of compression wear across diverse sectors, the market is poised for sustained growth in the foreseeable future.
Global Compression Garments and Stockings Market Recent Developments
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In March 2024, 3M launched advanced compression stockings made with moisture-wicking fabrics.
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In April 2024, BSN Medical introduced a series of antimicrobial compression garments.
Segment Analysis
The global compression garments and stockings market has witnessed significant growth over the past few years and is expected to continue its upward trajectory in the foreseeable future. This growth can be attributed to several factors, including the increasing prevalence of chronic venous diseases such as deep vein thrombosis (DVT) and varicose veins, as well as the rising adoption of compression therapy for the management of such conditions. Additionally, the growing geriatric population worldwide, coupled with the rising awareness about the benefits of compression garments in preventing venous disorders, is driving market growth.
Advancements in technology have led to the development of innovative compression garment designs that offer enhanced comfort, breathability, and efficacy. Manufacturers are focusing on incorporating features such as moisture-wicking fabrics, graduated compression profiles, and ergonomic designs to improve patient compliance and outcomes. Furthermore, the expansion of distribution channels, including online retail platforms, has made compression garments more accessible to consumers, further fueling market growth.
Geographically, North America and Europe dominate the global compression garments and stockings market, owing to the high prevalence of venous diseases and well-established healthcare infrastructure in these regions. However, emerging economies in Asia Pacific and Latin America are witnessing rapid market growth due to increasing healthcare expenditure, improving access to healthcare services, and rising awareness about venous disorders. Overall, with the aging population and growing awareness about venous health, the global compression garments and stockings market is poised for continued expansion in the coming years.
Global Compression Garments and Stockings Segment Analysis
In this report, the Global Compression Garments and Stockings Market has been segmented by Product Type, Application, Distribution Channel and Geography.
Global Compression Garments and Stockings Market, Segmentation by Product Type
The Global Compression Garments and Stockings Market has been segmented by Product Type into Compression Garments - Upper Compression Garments and Lower Compression Garments, Compression Stockings - Anti-Embolism Compression Stockings and Gradient Compression Stockings.
The global compression garments and stockings market continues to witness steady growth, driven by a rising awareness of the benefits of compression therapy in various medical conditions and athletic performance enhancement. This market is segmented primarily into compression garments and compression stockings, each catering to specific needs and demographics.
Compression garments encompass a wide range of products, including sleeves, socks, shorts, and shirts, designed to apply controlled pressure to specific areas of the body. These garments are commonly used in sports and fitness activities to enhance performance, reduce muscle fatigue, and expedite recovery. Moreover, they find extensive application in managing lymphedema, venous disorders, and post-surgical recovery, contributing significantly to the overall market growth.
Compression stockings, on the other hand, primarily target lower limb circulation issues such as venous insufficiency, varicose veins, and deep vein thrombosis. These stockings exert graduated pressure, with maximum compression at the ankles gradually decreasing towards the thighs, facilitating blood flow back to the heart. With an aging population and increasing prevalence of chronic venous diseases, the demand for compression stockings is expected to witness steady growth over the forecast period.
Geographically, the market for compression garments and stockings is witnessing robust growth across North America, Europe, Asia Pacific, and other regions. Factors such as the presence of well-established healthcare infrastructure, growing health-conscious population, and increasing adoption of compression therapy contribute to the market expansion in these regions. Additionally, technological advancements in fabric materials, design innovations, and customization options are further propelling market growth, offering consumers a diverse range of products to choose from. As the healthcare landscape evolves and consumer awareness continues to rise, the global compression garments and stockings market is poised for continuous expansion in the coming years.
Global Compression Garments and Stockings Market, Segmentation by Application
The Global Compression Garments and Stockings Market has been segmented by Application into Varicose Veins, Wound Care, Burns, Oncology and Others.
The global compression garments and stockings market has witnessed significant growth in recent years, driven by the rising prevalence of various medical conditions such as varicose veins, wounds, burns, and oncology-related issues. These garments and stockings are designed to apply controlled pressure to the limbs or affected areas, promoting better blood circulation and aiding in the management of symptoms associated with these conditions.
Varicose veins represent one of the primary applications for compression garments and stockings. These medical conditions occur when veins become enlarged, swollen, or twisted, often causing discomfort and aesthetic concerns. Compression garments help alleviate symptoms and prevent complications by applying consistent pressure to the affected areas, improving blood flow and reducing swelling.
Wound care is another crucial application area for compression garments and stockings. These products play a vital role in managing various types of wounds, including venous ulcers, diabetic ulcers, and pressure ulcers. By exerting pressure on the wound site, compression garments promote tissue healing, reduce edema, and prevent the recurrence of ulcers.
Additionally, compression garments and stockings are increasingly used in burn care to aid in the healing process and prevent complications such as hypertrophic scarring and contractures. The controlled pressure exerted by these garments helps reduce swelling, improve circulation, and promote tissue regeneration, facilitating faster recovery for burn patients.
In oncology, compression garments and stockings are employed to manage lymphedema, a common side effect of cancer treatment that involves swelling in the arms or legs due to lymphatic system damage. These garments help alleviate discomfort, improve lymphatic drainage, and enhance the quality of life for cancer survivors. Besides these primary applications, compression garments and stockings find use in various other medical conditions where managing swelling, improving circulation, and providing support are essential aspects of treatment.
Global Compression Garments and Stockings Market, Segmentation by Distribution Channel
The Global Compression Garments and Stockings Market has been segmented by Distribution Channel into Hospitals, Ambulatory Surgical Centers, Clinics, Online Channels and Other Healthcare Facilities.
The global compression garments and stockings market has witnessed significant growth in recent years, driven by the rising prevalence of venous disorders, increasing awareness about the benefits of compression therapy, and advancements in fabric technology. One crucial aspect of understanding this market is its segmentation by distribution channel, which plays a pivotal role in reaching end-users effectively.
Hospitals represent a major distribution channel for compression garments and stockings, as they are often the primary point of care for patients with venous diseases or those undergoing surgical procedures. The accessibility of these products in hospitals ensures that patients receive proper guidance and fitting, enhancing their overall experience with compression therapy.
Ambulatory surgical centers also contribute significantly to the distribution of compression garments and stockings. These centers cater to patients undergoing various outpatient procedures, including vein treatments and surgeries. The convenience and efficiency offered by ambulatory surgical centers make them preferred destinations for patients seeking compression products as part of their postoperative care.
Clinics, including specialized vein clinics and rehabilitation centers, play a crucial role in distributing compression garments and stockings. These facilities provide personalized care and treatment plans for patients with venous disorders, often prescribing compression therapy as part of a comprehensive treatment approach.
In addition to traditional brick-and-mortar channels, online channels have emerged as a popular distribution channel for compression garments and stockings. The convenience of online shopping, coupled with a wide range of product options and discreet packaging, has made e-commerce platforms an attractive choice for consumers seeking compression products.
Other healthcare facilities, such as long-term care facilities and home healthcare providers, also contribute to the distribution of compression garments and stockings. These settings ensure access to compression therapy for patients who may have mobility limitations or require ongoing care outside of traditional healthcare settings.
The diverse distribution channels available for compression garments and stockings reflect the growing demand for these products and the importance of accessibility in ensuring optimal patient outcomes in the management of venous disorders.
Global Compression Garments and Stockings Market, Segmentation by Geography
In this report, the Global Compression Garments and Stockings Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Compression Garments and Stockings Market Share (%), by Geographical Region, 2024
The global compression garments and stockings market has witnessed significant growth in recent years, driven by a rising prevalence of venous disorders, increasing awareness about the benefits of compression therapy, and advancements in fabric and garment design. With a focus on improving circulation, reducing swelling, and managing symptoms associated with conditions like deep vein thrombosis and lymphedema, compression garments and stockings have become integral parts of therapeutic regimens worldwide.
North America holds a prominent share in the global market, attributed to the high prevalence of venous diseases, a well-established healthcare infrastructure, and a growing elderly population. In Europe, increasing adoption of compression therapy for both medical and sports-related purposes, coupled with favorable reimbursement policies, contributes significantly to market growth. The Asia Pacific region is witnessing rapid growth, driven by a rising awareness of venous disorders, improving healthcare infrastructure, and the growing adoption of compression therapy in emerging economies such as China and India.
In the Middle East and Africa, the market is growing steadily, supported by increasing healthcare expenditure and a rising prevalence of lifestyle-related disorders. Latin America also presents lucrative opportunities, with a growing focus on healthcare and increasing awareness about the benefits of compression therapy. However, challenges such as limited access to healthcare facilities and lower awareness levels in certain regions may restrain market growth to some extent.
The global compression garments and stockings market is expected to continue its growth trajectory, driven by factors such as technological advancements, expanding applications beyond medical purposes, and a growing emphasis on preventive healthcare measures. However, market players need to focus on addressing region-specific challenges and tailoring their strategies to capitalize on the diverse opportunities presented by different geographical regions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Compression Garments and Stockings Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers:
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Aging population demand
- Rising sports activities
- Growing awareness health
- Technological advancements innovation
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Post-surgery recovery needs: The global compression garments and stockings market has seen significant growth in recent years, primarily driven by the rising prevalence of chronic venous diseases, increasing awareness about the benefits of compression therapy, and advancements in fabric technology. Compression garments and stockings are widely used in post-surgery recovery to promote healing, reduce swelling, and prevent blood clots. Additionally, the expanding geriatric population, coupled with the growing adoption of compression therapy in sports and fitness activities, has further fueled market expansion. Manufacturers are focusing on developing innovative products with enhanced comfort, breathability, and durability to cater to the diverse needs of patients and athletes, thus driving market growth.
The market is witnessing a surge in demand for compression garments and stockings due to the rising incidence of obesity and sedentary lifestyles, which contribute to venous disorders such as deep vein thrombosis (DVT) and varicose veins. Moreover, increasing healthcare expenditure and favorable reimbursement policies for compression therapy in developed countries are also augmenting market growth. However, challenges such as limited awareness in emerging economies and the availability of alternative treatment options may hinder market progression to some extent. Nonetheless, ongoing research and development activities aimed at introducing innovative products with advanced features are expected to create lucrative opportunities for market players in the coming years.
Restraints:
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High product cost
- Limited insurance coverage
- Lack standardized sizing
- Allergic skin reactions
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Competition counterfeit products: The global compression garments and stockings market is facing an increasing challenge from counterfeit products. Compression garments and stockings are utilized for various medical conditions, including venous disorders, lymphedema, and sports-related injuries. The rise in awareness about the benefits of compression therapy has driven the demand for these products worldwide. However, the market is plagued by the proliferation of counterfeit goods, which not only compromises the quality and effectiveness of the products but also poses significant risks to consumer health. These counterfeit products often lack proper regulation and quality control measures, leading to substandard materials and ineffective compression levels.
The prevalence of counterfeit compression garments and stockings not only affects the revenue of legitimate manufacturers but also undermines consumer trust in the market. Moreover, these counterfeit products can have detrimental effects on patients, especially those relying on compression therapy for managing medical conditions. To combat this challenge, manufacturers and regulatory authorities need to collaborate closely to implement stringent measures for detecting and preventing the circulation of counterfeit goods. Additionally, educating consumers about the importance of purchasing genuine products from reputable sources can help mitigate the risks associated with counterfeit compression garments and stockings.
Opportunities:
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Emerging economies expansion
- Online retail growth
- Customization personalized products
- Medical tourism facilitation
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Research development investments: The global compression garments and stockings market has witnessed significant growth in recent years and is poised for further expansion. This market encompasses a wide range of products designed to provide therapeutic compression to various parts of the body, catering to both medical and non-medical needs. Factors such as the rising prevalence of chronic diseases like venous disorders, increasing awareness about the benefits of compression therapy, and advancements in fabric technology have all contributed to the market's growth.
Moreover, with an aging population worldwide and the growing emphasis on fitness and sports activities, there is a burgeoning demand for compression garments and stockings among athletes and fitness enthusiasts. Additionally, the market is witnessing innovation in product design and materials, with manufacturers focusing on enhancing comfort, durability, and aesthetics to meet consumer preferences. As a result, research and development investments in this sector are expected to remain robust, driving innovation and fueling further growth in the global compression garments and stockings market.
Competitive Landscape Analysis
Key players in 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
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Compression Garments and Stockings Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Aging population demand
- Rising sports activities
- Growing awareness health
- Technological advancements innovation
- Post-surgery recovery needs
- Restraints
- High product cost
- Limited insurance coverage
- Lack standardized sizing
- Allergic skin reactions
- Competition counterfeit products
- Opportunities
- Emerging economies expansion
- Online retail growth
- Customization personalized products
- Medical tourism facilitation
- Research development investments
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Compression Garments and Stockings Market, By Product Type, 2021-2031 (USD Million)
- Compression Garments
- Upper Compression Garments
- Lower Compression Garments
- Compression Stockings
- Anti-Embolism Compression Stockings
- Gradient Compression Stockings
- Compression Garments
- Global Compression Garments and Stockings Market, By Application, 2021-2031 (USD Million)
- Varicose Veins
- Wound Care
- Burns
- Oncology
- Others
- Global Compression Garments and Stockings Market, By Distribution Channel, 2021-2031 (USD Million)
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Online Channels
- Other Healthcare Facilities
- Global Compression Garments and Stockings Market, By Geography, 2021-2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- North America
- Global Compression Garments and Stockings Market, By Product Type, 2021-2031 (USD Million)
- Competitive Landscape
- Company Profiles
- 3M
- BSN Medical
- Covidien Ltd. (a Medtronic Plc. company)
- Medi GmBH & Co KG
- SIGVARIS
- Therafirm
- 2XU Pty. Ltd.
- Santemol Group Medikal
- Company Profiles
- Analyst Views
- Future Outlook of the Market