Compression Stockings (Elastic Stockings) Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
114631 | Date :
Feb, 2023 | Pages :
186 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Compression Stockings (Elastic Stockings) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Compression Stockings (Elastic Stockings) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Elastic stockings are the medical equipment which is made of a material that has a very high elasticity. Elastic stockings can deliver a distributed amount of compression at the ankle and up the leg and help relieve symptoms and slow the progress of varicose veins. They are designed to gently squeeze the legs, which promotes good blood flow in the veins. Patients with venous disease may benefit from wearing elastic stockings even if they have not recently undergone scleratherapy treatment for varicose veins.
The global sales of elastic stockings are estimated from 24937 K Pairs in 2011 to 34077 K Pairs in 2016, at a CAGR of more than 6%. In 2016, the global elastic stockings sale market was led by USA, Europe, China and Japan, and USA and Europe are the most important sales market. At present, there are many manufacturers distributed around the world and the major manufacturers\' activities of elastic stockings are Medtronic (Covidien), Sigvaris, BSN Medical, Medi, Juzo etc. The top five companies holding 60% sales share in 2016.
Covered Yarn, spandex and nylon are the main raw materials for the production of elastic stockings. Most of companies purchase materials from the market. With the development of elastic stockings, the raw materials manufacturers are also benefited from the elastic stockings industry in some extent.
Elastic stockings can be classified into two types: gradient socks and anti-embolism socks. Gradient socks are more often prescribed to the ambulatory patient, or those who are walking, accounting for about 76% of the total sale amount in 2016.
People with venous disorders, such as edema, phlebitis and varicose veins is the main consumer of elastic stockings. Among them, ambulatory patients who have long periods of sitting and standing, such as nurses, traveler, and teachers are largest consumer of stretch socks, with the market share of 63.02% in 2016.
We tend to believe this industry is an emerging industry, and with the economic recovery, more and more people pay attention to their status of physical health, especially in rural places that have a large population and fast economic growth, the need of elastic stockings will increase and the consumption increasing degree will show a rapid growth curve.
The report forecast global Compression Stockings (Elastic Stockings) market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Compression Stockings (Elastic Stockings) market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Medtronic(Covidien)
Sigvaris
Medi
BSN Medical
Juzo
3M
Bauerfeind AG
Thuasne Corporate
Pretty Legs Hosiery
Salzmann-Group
Paul Hartmann
Cizeta Medicali
Belsana Medical
Gloria Med
Zhende Medical Group
Maizi
TOKO
Okamoto Corporation
Zhejiang Sameri
MD
At the same time, we classify Compression Stockings (Elastic Stockings) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Gradient Socks
Anti-Embolism Socks Market by Application
Ambulatory Patients
Post-operative Patients
Pregnant Women
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Compression Stockings (Elastic Stockings) market for the forecast period 2023 - 2030?
• What are the driving forces in the Compression Stockings (Elastic Stockings) market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Compression Stockings (Elastic Stockings) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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