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).
Report ID: Rn822651703 Published Date: March, 2025 Updated Date: April, 2025

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Compression Garments and Stockings Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging population demand
        2. Rising sports activities
        3. Growing awareness health
        4. Technological advancements innovation
        5. Post-surgery recovery needs
      2. Restraints
        1. High product cost
        2. Limited insurance coverage
        3. Lack standardized sizing
        4. Allergic skin reactions
        5. Competition counterfeit products
      3. Opportunities
        1. Emerging economies expansion
        2. Online retail growth
        3. Customization personalized products
        4. Medical tourism facilitation
        5. Research development investments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Compression Garments and Stockings Market, By Product Type, 2021-2031 (USD Million)
      1. Compression Garments
        1. Upper Compression Garments
        2. Lower Compression Garments
      2. Compression Stockings
        1. Anti-Embolism Compression Stockings
        2. Gradient Compression Stockings
    2. Global Compression Garments and Stockings Market, By Application, 2021-2031 (USD Million)
      1. Varicose Veins
      2. Wound Care
      3. Burns
      4. Oncology
      5. Others
    3. Global Compression Garments and Stockings Market, By Distribution Channel, 2021-2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgical Centers
      3. Clinics
      4. Online Channels
      5. Other Healthcare Facilities
    4. Global Compression Garments and Stockings Market, By Geography, 2021-2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. 3M
      2. BSN Medical
      3. Covidien Ltd. (a Medtronic Plc. company)
      4. Medi GmBH & Co KG
      5. SIGVARIS
      6. Therafirm
      7. 2XU Pty. Ltd.
      8. Santemol Group Medikal
  7. Analyst Views
  8. Future Outlook of the Market