Compression Socks Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
310597 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Compression Socks market including various factors related to and dependent influencing the market growth.
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 feets 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 physicians prescription while higher therapeutic compression socks are not sold without the doctors 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 is valued at xx million US$ in 2020 and will reach xx million US$ by the end of 2030, growing at a CAGR of xx% during 2023-2030. The objectives of this study are to define, segment, and project the size of the Compression Socks market based on company, product type, end user and key regions.
This report studies the global market size of Compression Socks in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Compression Socks in these regions.
This research report categorizes the global Compression Socks market by top players/brands, region, type and end user. This report also studies the global Compression Socks market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Compression Socks market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Compression Socks market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Compression Socks market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Compression Socks Market: The major competitors working in the market are:
, FLA Orthopedics, Sigvaris, Juzo, 2XU, JOBST, Prime Compression, Bio Compression Systems, COMFORT PLUS
Market by Order Type
Knee High
Thigh High
Pantyhose/ Maternity
Waist Attachment Market size by End User
Hospitals Pharmacies
Retail Pharmacies
Online Channels
Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
The information about the Compression Socks market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Compression Socks Market Report:
To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
To provide an in-depth analysis of the Compression Socks market with information on various segment and sub-segments
To provide a regional analysis and global analysis for the Compression Socks market size and their forecasts
To provide strategic profiles of the key players operating in the Compression Socks market, their key competencies, and market competition
To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
The impact of COVID-19 pandemic on the Compression Socks market
Target Audiences for Compression Socks Market:
Investors
Investment Bankers
Key Consulting Companies and Advisors
Venture Capitalists
Large, Medium-sized, and Small enterprises
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