Research Reports

Miscellaneous

icon
icon
Home » Reports » Compression Hosiery Market
Market Research Report

Compression Hosiery Market : Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation

Published On : December, 2018 REP-ID-554 Category: Miscellaneous

Compression Hosiery Market Overview

Compression hosiery refers to the specialized designed hosiery products for healthcare and wellness. These products are used to limit the occurrence and progress of various venous disorders such as Thromboembolism. Moreover, these products also help the patient to get relieved of swelling in feet, ankles and legs. Compression hosiery is gaining popularity in various medical treatment process and therapies.

Market Size and Forecast

Global compression hosiery market is anticipated to witness moderate growth of 5.3% over the forecast period. Further, the market is expected to account for USD 3,714.9 Million by the end of 2024 from USD 2,486.3 Million in 2016. Increasing cases of venous disorders is anticipated to spur the growth of the compression hosiery market during the forecast period. Moreover, availability of wide range of compression hosiery products is anticipated to supplement the growth of the compression hosiery market.

In 2016, North America accounted for the highest percentage of market share in the regional platform and is expected to continue its dominance over the forecast period. Rising geriatric population is anticipated to impel the demand for compression hosiery in the North America region. Further, increasing spending on healthcare is expected to positively impact the growth of the North America compression hosiery market during the forecast period. U.S. is witnessing augmented demand for compression hosiery in the North America region.

compression hosiery market

Europe compression hosiery market is expected to grow at a substantial rate over the forecast period. Availability of customized compression stockings and garments is predicted to trigger the growth of compression hosiery market. Further, Europe compression hosiery market captured a market share of about 33% in 2016. Asia Pacific is projected to witness lucrative growth over the forecast period. This can be attributed to the strong growth of the healthcare industry in the region.

Based on compression level, global compression hosiery market is segmented into mild compression, moderate compression, firm compression and extra firm compression. Further, moderate compression hosiery is likely to dominate the overall compression hosiery market in 2024.       

Market Segmentation

Our in-depth analysis has segmented global compression hosiery market into the following segments:

By Product

  • Compression Socks
  • Compression Stockings
    • Knee High
    • Thigh High
      • Thigh High with Waist Attachment
      • Thigh High without Waist Attachment
  • Pantyhose
    • Maternity
    • One-legged
  • Compression Shorts
  • Compression Tights
  • Compression Calf Sleeves
  • Compression Leg Sleeves

By Compression Level

  • Mild Compression (8-15 mmHg)
  • Moderate Compression (15-20 mmHg)
  • Firm Compression (20-30 mmHg)
  • Extra Firm Compression (30-40 mmHg)

By Demography

  • Men
  • Women

By Distribution Channel

  • Online Stores
  • Departmental Stores
  • Pharmacy
  • Others

By Market Type

  • Organized Market
  • Unorganized Market

By Region

Global compression hosiery market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Russia, Turkey, BENELUX, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea & Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and North Africa (GCC, Israel, North Africa, South Africa & Rest of Middle East) Market Size and Y-O-Y Growth Analysis

Compression Hosiery Market Share

Growth Drivers & Challenges

Growing incidences of venous diseases is poised to drive the growth of global compression hosiery market. Moreover, increasing diabetic population across the globe is expected to impel the expansion of global compression hosiery during the forecast period. Additionally, growing popularity of compression therapy for the treatment of deep venous thrombosis is anticipated to foster the growth of the global compression hosiery market in the upcoming years.

Apart from this, growing geriatric population across the globe is anticipated to supplement the growth of the global compression hosiery market. Further, growing adoption of compression socks and calves guard among athletes is anticipated to foster the growth of the global compression hosiery market. Further, innovations in compression hosiery products such as thin fiber & product improvisation to ensure patient comfort are expected to drive the growth of the market in the long run. Moreover, many compression garments manufacturers are providing custom fit hosieries. This factor is anticipated to foster the growth of the compression hosiery market during the forecast period.

In contrast, high cost of compression hosiery is expected to hamper the growth of compression hosiery market. Further, lack of awareness about compression hosiery is expected to negatively impact the growth of the market.

Key Players

  • SIGVARIS
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Juzo USA
  • BSN medical GmbH
  • medi UK Ltd.
  • VIM & VIGR.
  • 2XU Pty. Ltd.
  • Comfort Plus Corporation
  • SUNPOLAR International Co., Ltd.
  • Nikkora
  • HARTMANN GROUP

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global compression hosiery market is segmented as follows:

  • By Product Market Size & Y-O-Y Growth Analysis
  • By Compression Level Market Size & Y-O-Y Growth Analysis
  • By Demography Market Size & Y-O-Y Growth Analysis
  • By Distribution Channel Market Size & Y-O-Y Growth Analysis
  • By Market Type Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

key Answers

SELECT LICENSE TYPE

KEY BENEFITS

  • DIRECT ANALYST ASSISTANCE

    Direct access to analyst to help you understand the market in a better way to handle your critical question

  • CUSTOMIZE AS PER YOUR NEED

    Citing your business specific requirement our consultant would assist you ensuring targeted goal is achieved

  • DISCOUNT ON CUSTOMISATION

    Get 10% free customization

  • QUALITY ASSURED

    Great focus on accuracy and quality of the research

Connect With Us

Call us

(U.S.) - +1 646 586 9123
(Canada) - +1 437 889 3230
(U.K.) - +44 203 608 5919
(India) - + 91 120 660 5495
Email: info@researchnester.com

RELATED REPORTS

Delivery Center

Ansal Corporate Park, Plot no 7A/1,
Tower A1,
Sector 142 Noida., 201301 India
info@researchnester.com

US Office

77 Water Street 8th Floor,
New York, New York, 10005
Phone : +1 646 586 9123
info@researchnester.com

Canada (Toronto)

Phone : +1 437 889 3230
info@researchnester.com


UK Office (London)

Phone : +44 203 608 5919
info@researchnester.com

Subscribe To Our Newsletters

Copyright © 2018 Research Nester. All rights reserved

Top