The global sales of compression garments and stockings are estimated to be worth USD 3,084.3 million in 2024 and are anticipated to reach a value of USD 4,744.2 million by 2034. Sales are projected to rise at a CAGR of 4.4% over the forecast period between 2024 and 2034. The revenue generated by compression garments and stockings in 2023 was USD 2,954.3 million.
Advances in technology and an increasing interest in venous health, post-surgical recovery, and sporting performance drive the market for compression garments and stockings. The compression garments are widely applied not only to manage venous disorders, lymphedema, and other circulation problems but also as an integral part of the recovery routine for athletes. Even more comfortable, durable, and effective compression products offered through advances in technology have resulted in improved patient compliance and satisfaction.
A new product innovation from players like Sigvaris Group and Medi GmbH is trying to meet the therapeutic and performance-related demands in the market. Growth in this market is also boosted by rising awareness about the benefits of compression therapy in better managing chronic conditions and recovery support. Hence, they are an essential component both in the healthcare and sports sectors.
Global Compression Garments and Stockings Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 2,954.3 million |
| Estimated Size, 2024 | USD 3,084.3 million |
| Projected Size, 2034 | USD 4,744.2 million |
| Value-based CAGR (2024 to 2034) | 4.4% |
The compression garments market is experiencing a high growth rate due to the increasing awareness of venous disorders, increasingly carried out surgical procedures and expansion in sports recovery. Compression stockings are utilized to treat chronic venous insufficiency, deep vein thrombosis (DVT), and edema.
Developed regions like North America and Europe experience higher demands because of more infrastructural healthcare awareness. These communities also have a demanding aging population, which necessitates high demands on compression therapy, improving circulation, reducing swelling, and improving mobility.
Compression wear is hard to adopt in low-income regions mainly because they are not aware of these products and are economically challenged. One of the major problems that low-income regions face is affordable prices, especially for high-end compression products, which employ the latest materials and compression-related technologies.
However, despite this, the efforts on awareness campaigns and improvements in healthcare infrastructure in emerging economies will continue to support growth. The region will experience further adoption of compression garments as more benefits arise from compression therapy and there are access improvements to healthcare.
As the home health market grows, particularly within aging populations, demand for mobility and circulation-enhancing products continues to grow. Compression garments can be considered a lifeline in the promotion of long-term venous health and for patients recovering from surgery. In summary, a push toward preventive health care and heightened awareness, accompanied by product development and design improvement, will continue to drive this market forward over the next few years.
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The above table presents the expected CAGR for the global compression garments and stockings market over several semi-annual periods spanning from 2024 to 2034. In the first half (H1) of the decade from 2023 to 2033, the business is predicted to surge at a CAGR of 5.7%, followed by a slight decline in the growth rate of 5.1% in the second half (H2) of the same decade.
| Particular | Value CAGR |
|---|---|
| H1 | 5.7% (2023 to 2033) |
| H2 | 5.1% (2023 to 2033) |
| H1 | 4.4% (2024 to 2034) |
| H2 | 3.9% (2024 to 2034) |
Moving into the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to decrease slightly to 4.4% in the first half and decrease moderately to 3.9% in the second half. In the first half (H1) the market witnessed a decrease of 130.0 BPS while in the second half (H2), the market witnessed a decrease of 120.0 BPS.
Growing Adoption of Compression Garments in Post-Surgical Recovery Driving Market Demand
The main growth driver in this market is the rising adoption of compression garments in post-surgical recovery. Generally, compression garments have gained immense popularity because they decrease swelling, and blood clotting, and speed up recovery after vein surgeries, orthopedic treatments, and liposuction. Compression therapy enhances circulation and aids healing, reduces discomfort, and thus is an integral part of post-operative care.
The most significant benefits of compression garments lie in reducing post-operative complication rates. DVT and swelling excess are usually complications that delay recovery.
Recent innovations in compression garment technology also increase demand. Moisture-wicking materials, breathable fabrics, and non-irritating antibacterial properties have evolved to further enhance the comfort of the patient in the recovery phase. This is especially useful for longer recoveries or for those patients who need to wear their garments for quite some time.
With an increasing awareness of compression garments' contribution to the surgical outcome, the demand for such garments is likely to surge further, allowing them to become a routine component of post-operative recovery care for all elective as well as non-elective surgeries.
Rising Use of Compression Garments in Sports and Fitness Expanding Market Potential
The ever-increasing adoption of compression clothing in the sporting and fitness fields creates much scope for increasing market potential. Professional and amateur athletes increasingly resort to compression clothing for performance enhancement and faster recovery. Compression clothing improves blood flow, reduces muscle soreness, and even prevents injuries, thus, it becomes an integral part of most training and competition routines.
Compression wear remains very popular now, and further research has proven that it does indeed have a very positive impact on improving athletic performance and even quicker recovery of the muscles.
Compression garments apply targeted pressure to improve circulation, prevent the pooling of lactic acid, and provide support for maintaining the stabilization of muscles these enhance endurance and decrease recovery time. Because of such factors, compression garments are used across a wide range of athletic disciplines, from running and cycling to weightlifting.
Two of the leaders in compression wear, CEP, and 2XU, are inventing and manufacturing compression garments that are designed primarily to fit specific muscle groups for maximum mobility. They become highly functional yet highly fashionable sportswear that can be enjoyed by an increasingly large population of fitness enthusiasts seeking performance and fashion with their activewear.
This is one of the main drivers of demand for compression garments. The rise in fitness and more activity, especially in urbanized settings, goes hand-in-hand with increased demand. Though sporting and fitness activities are on the rise, the recovery equipment and kits to improve performance add up to a flourishing market.
Expansion of E-commerce Channels Driving Market Demand
Expansion in e-commerce channels is particularly contributing to the rising demand for compression garments, especially in regions where access to healthcare products is limited. Online shopping seems to be an emerging way by which companies are tapping into digital media to reach more customers who demand various compression garments to suit individual health requirements.
This helps expose a broader range of products, such as specialized items for specific medical conditions, like venous disorders or sports recovery, thus opening up access for customers all over the world.
This trend is more apparent in developed regions, where online shopping is quite common, and convenience is a core part of consumerism. Most companies have increased their digital presence, thereby providing expansive details of product descriptions, sizing guides, and client testimonials, all of which aim to empower the customers who will purchase them. Some others even offer customized solutions where customers are allowed to choose compression garments according to the health condition or athletic need they may be suffering from.
E-commerce has also opened up additional avenues of sales for compression garments due to the service of online consultations alongside the growth of telemedicine.
Healthcare providers can now instruct the patient on what products are available through the platform, thereby streamlining the transaction for the patient. Indeed, as increasingly more consumers start buying healthcare products and services through e-commerce especially post the COVID-19 pandemic, the channels for selling compression garments have simply become strictly online.
Generally, the advancement of e-commerce is fueling the availability and facilitation of products with compression garments among consumers; hence, it indirectly supports market growth.
Product Durability and Replacement Costs May Restrict Market Growth
The problem of durability of products and the associated replacement costs must be a significant issue facing the compression garments and stockings market. Compression garments are perceived as offering ongoing pressure that will assist with circulation as well as treatment of conditions such as venous insufficiency or support after surgery.
The elasticity and strength of compression in these garments decreased due to repeated use and washing in service. Therefore, they have to be replaced after a few months within three to six months based on the level of usage and quality.
Such garments wear out, hence a continuous expense for the consumer; more so for those who will require long-term compression therapy. Medically graded compression garments do not come cheaply; repeated replacement can further strain budgets reaching sizes beyond affordability for even patients with the lowest incomes.
This would lead to lower compliance among the end-users, who seek to extend their garments beyond the recommended life cycle; such a measure further compromises their therapeutic effectiveness. This further limits their long-term acceptance and utilization and is thus an impacting factor on the market growth.
Principal Consultant
The global compression garments and stockings industry recorded a CAGR of 4.4% during the historical period between 2019 and 2023. The growth of the compression garments and stockings industry was positive as it reached a value of USD 4,744.2 million in 2034 from USD 3,084.3 million in 2024.
The global compression garments and stockings market grew progressively from 2019 to 2023. It is mainly driven by the increasing awareness in the area of venous health, higher lifestyle-related conditions among patients with varicose veins and lymphedema, and greater demand for post-surgical applications.
More precisely, the increase in demand for compression stockings was witnessed in developed regions, due to increased healthcare awareness and better access to treatment options. Furthermore, sports compression wear added even more to that growth because of the rapidly increasing adoption of the garments themselves by professional athletes and those training seriously regularly.
Several trends are expected to shape the future of the compression garments market, and 2024 to 2034 is believed to be a time in which the market will hit its next phase of change in dynamics. Significant demand growth is expected to come from increasing healthcare awareness in emerging economies like India, Brazil, and Southeast Asia.
Further improvement in infrastructure, healthcare, and increasing focus on preventive care due to increased penetration of health insurance in these regions will increasingly boost the penetration of compression garments in these regions.
Advanced technology will also lead to more comfortable, durable, and innovative products that service both the medical and athletic needs of the wearer. Expansion of the market will be facilitated by growth in e-commerce, as consumers increasingly adopt online platforms for accessing goods, and web platforms provide easy access to a wide range of compression products.
Tier 1 companies will lead the compression garments and stockings market, accounting for almost 45.6% of the overall market share. The three major players are 3M, BSN Medical, and SIGVARIS, with strong portfolios of advanced compression solutions and robust technological capabilities.
They are innovative, quality-conscious, and uncompromising with respect to compliance with standard regulatory norms. Their heavy investment in research and development provides a platform where they can offer diverse products tailored for medical, post-surgical, and athletic applications that consolidates their leadership position in the market.
Firms like Medi GmbH & Co KG and Therafirm, at Tier 2, hold a market share of 29.6%. Such firms have niches within compression therapy: more specialized products for particular therapeutic applications like the management of lymphedema or sports recovery. Strategic investment in innovative technologies gives such firms much better positioning in terms of competition and enables them to quickly catch up with changing consumer wants.
Tier 3 consists of the smaller, niche players, including Leonisa, Inc., Nouvelle, Inc., and Medical Z. Their market share is below 15.9% of the total market. They target specific niche formulations or on treatment areas in compression garments and stockings. This maneuvering allows for greater diversification and innovation in the market because most of these firms respond to the particular needs of their customers with personalized-fit solutions for niche areas of the market.
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The section below covers the industry analysis for the compression garments and stockings market for different countries. Market demand analysis on key countries in several regions of the globe, including North America, Asia Pacific, Europe, and others, is provided. The United States is anticipated to remain at the forefront in North America, with a CAGR of 1.4% through 2034. In Asia Pacific, China is projected to witness a CAGR of 4.4% by 2034.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| USA | 1.4% |
| Germany | 1.5% |
| France | 2.2% |
| UK | 1.6% |
| China | 4.4% |
| India | 5.0% |
| South Korea | 3.5% |
Germany’s compression garments and stockings market is expected to exhibit a CAGR of 1.5% between 2024 and 2034. The Germany holds highest market share in the European market.
Germany exerts higher product pressures with strong regulatory standards and a focus on the quality of products. The country has a high standard of health care and enforces strict critical regulations on the use of medical devices. This means there would be a need for clinically validated compression products in some medical applications, like treatments for venous disorders and post-surgical recovery.
Companies in this industry, including BSN Medical and Medi GmbH & Co KG, cater to all the laws of the European Union, conduct research, and try to validate their effectiveness. This leaves the marketplace that is high on quality scientifically supported solutions so innovation drives the quality, and trust is maintained with consumers.
The USA market is anticipated to grow at a CAGR of 1.4% throughout the forecast period.
E-commerce is the most dominant factor, which has been influencing the USA compression garments market. Consumers are now accessing health-related products through online platforms, and therefore, to make it convenient and accessible, the brands are resorting to the channel of e-commerce. The pandemic has only hastened this trend. Many homebound people were already looking for healthcare solutions from their homes instead of visiting a physical place.
Companies like Sigvaris and Therafirm are also fully exploiting this trend through the optimization of web presence and direct sales offers to the consumer. The acceptance of telemedicine also leads to growing access to virtual consultations that help in recommending products such as compression garments and stockings.
India is expected to hold a dominating position in the South Asia market of compression garments and stockings and is anticipated to grow at a CAGR of 5.0% throughout the forecast period.
Growth in the Indian compression garment market is pretty fast, as there is rising awareness of venous health and compression therapy. Public health initiatives to educate people about chronic venous insufficiency and lymphedema have further helped the adoption of products that cater to these needs. Improved healthcare infrastructure and economies of scale facilitate the availability of compression solutions for consumers.
Aggressive forays are being made by local manufacturers and international brands into the Indian market, catering to the myriad needs with products that are not only medical but also lifestyle-based. The country has an increasing demand for compression garments at affordable prices and high quality.
The section contains information about the leading segments in the industry. Based on the drug, opioids are expected to account for 16.6% of the global market share in 2024.
| Product | Compression Garments |
|---|---|
| Value Share (2024) | 92.6% |
Compression garments have the largest market share of about 92.6%. as they are a necessary treatment for managing most the different medical conditions, especially venous disorders. Their high percentage of market share shows their awareness and growth toward improving blood flow, reducing swelling, and aggravation of symptoms caused by chronic conditions. The new fabric technologies, such as moisture-wicking and breathable materials, offer comfort and wearability, thus improving user compliance.
This product group is diversified in terms of products, ranging from medical-grade stockings to athletic compression wear, thereby realizing a wide range of applications driving demand. As healthcare professionals increasingly recommend such garments for patients after surgery, the use of these garments is also increasing.
| Application | Varicose Veins |
|---|---|
| Value Share (2024) | 46.7% |
Varicose Veins Compression garments hold a 46.7% market share in the application segment. Mainly varicose veins condition affects people in both men and women populations Varicose veins do not present a cosmetic problem but are rather a medical one and thus might pose further complications if left untreated. Compression therapy is one of the standard treatments because of its efficacy in eliminating patients' painful and swelling leg complaints along with other symptoms such as leg heaviness.
The increasing demographics associated with growing awareness of venous health are mainly driving the demand for compression garments dedicated to the management of varicose veins. Service providers are trying to increase market growth in this segment with the help of compressive garments that avoid invasive interventions.
The market for compression garments and stockings is highly competitive, encompassing a mix of both established players as well as new entrants in the space. Companies within this space are starting to focus more on their product lines with advanced technologies and materials catering to higher medical and athletic needs. Strategic partnerships, mergers, and acquisitions have become somewhat common occurrences as firms seek to expand their market presence and integrate cutting-edge solutions to address the growing demand for effective compression therapy.
Recent Industry Developments in the Compression Garments and Stockings Market
In terms of product, the industry is divided into compression garments (upper compression garments and lower compression garments), compression stockings (anti-embolism compression stockings and gradient compression stockings)
In terms of application, the industry is divided into varicose veins, wound care, burns, oncology, and others
In terms of distribution channels, the industry is divided into hospitals, ambulatory surgical centers, clinics, online sales, and other healthcare facilities
Key countries of North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East and Africa (MEA) have been covered in the report.
The global compression garments and stockings industry is projected to witness a CAGR of 4.4% between 2024 and 2034.
The global compression garments and stockings industry stood at USD 2,954.3 million in 2023.
The global compression garments and stockings industry is anticipated to reach USD 4,744.2 million by 2034 end.
Japan is expected to show a CAGR of 1.8% in the assessment period.
The key players operating in the global compression garments and stockings industry include 3M, BSN Medical, Covidien Ltd., Medi GmBH & Co KG, SIGVARIS, Therafirm, 2XU Pty. Ltd., Santemol Group Medikal, Leonisa, Inc., Nouvelle, Inc. and Medical Z.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 5.1. By Product 5.2. By Application 5.3. By Distribution Channel 5.4. By Region 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product 6.1. Compression Garments 6.1.1. Upper Compression Garments 6.1.2. Lower Compression Garments 6.2. Compression Stockings 6.2.1. Anti-Embolism Compression Stockings 6.2.2. Gradient Compression Stockings 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application 7.1. Varicose Veins 7.2. Wound Care 7.3. Burns 7.4. Oncology 7.5. Others 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Distribution Channel 8.1. Hospitals 8.2. Ambulatory Surgical Centers 8.3. Clinics 8.4. Online Sales 8.5. Other Healthcare Facilities 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 9.1. North America 9.2. Latin America 9.3. East Asia 9.4. South Asia and Pacific 9.5. Western Europe 9.6. Eastern Europe 9.7. Middle East and Africa 10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Sales Forecast 2024 to 2034 by Product, Application, and Distribution Channel for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis, By Key Players, and Competition Dashboard 19. Company Profile 19.1. 3M 19.2. BSN Medical 19.3. Covidien Ltd. 19.4. Medi GmBH & Co KG 19.5. SIGVARIS 19.6. Therafirm 19.7. 2XU Pty. Ltd. 19.8. Santemol Group Medikal 19.9. Leonisa, Inc. 19.10. Nouvelle, Inc. 19.11. Medical Z
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Compression Garments and Stockings Market
