Posted By Coherent Market Insights
Posted on September 30, 2021

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
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Major Market Players Profiled in the Compression Garments and Stockings Market Report 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.
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.
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.
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.
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Some Questions Answered in this Report:
• What are the winning strategies of stakeholders in the Compression Garments and Stockings market to upscale their position in this landscape?
• Which companies are leading the Compression Garments and Stockings market?
• Which regions will continue to remain the most profitable regional markets for Compression Garments and Stockings market players?
• Which factors will induce a change in the demand for Compression Garments and Stockings during the assessment period?
• How will changing trends impact the Compression Garments and Stockings market?
• How can market players capture the low-hanging opportunities in the Compression Garments and Stockings market in developed regions?
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The post Compression Garments and Stockings Market, By Product Type, By Application – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027 appeared first on Gatorledger.