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Compression Socks Market

Global Compression Socks Market Size, Share, Growth, Report: By Product: Standard, Graduated; By Distribution Channel: Hospitals, Ambulatory Surgical Centres, Clinics, Online Sales, Others; By Application: Varicose Veins, Wound Care, Burns, Oncology, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Compression Socks Market Outlook

The global compression socks market is expected to grow at a CAGR of 5% in the forecast period of 2024-2032.

 

Compression Socks Market

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Growing Awareness Regarding the Benefits of Compression Socks to Aid the Market Growth

Unlike traditional dress or athletic socks, compression socks are designed using stronger elastics to impart significant pressure on the legs. These socks are narrow and the tightest at the ankles and become less constrictive while moving upwards or toward the knees. These socks help compress the surface veins, arteries, and muscles and force the blood to circulate through narrower channels, which increase the arterial pressure and causes more blood to return to the heart and less blood to pool in the feet. Further, they not only help increase blood circulation but also prevent the formation of blood clots in the lower legs and aid in the treatment of ulcers of the lower legs. Manufacturers are focusing on fulfilling consumer demands and developing new functionalities such as padding on the footbed and moisture control to their products. This is expected to increase the demand for compression socks among people suffering from venous disorders in the forecast period.

 

North America to Dominate the Global Compression Socks Industry

The global compression socks industry is dominated by the North America region. The demand is growing in the region due to the rising health consciousness among consumers coupled with the rise in popularity of compression wear in the sports industry. North America is followed by Europe, where the demand for compression socks is growing as people are now becoming aware of its importance, and the government is increasingly investing in the development of innovative healthcare products.

 

Compression Socks Market by Application

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Compression Socks: Market Segmentation

Compression socks are specialised hosiery that can help prevent the occurrence as well as the progression of venous disorders including edema, phlebitis, and thrombosis. They are made using stronger elastics and are designed to create significant pressure on the ankles, legs, and feet. These compression garments are worn around the leg, thus, compressing the limb and reducing the diameter of distended veins. This enhances venous blood flow velocity and valve effectiveness.

Based on the product, the market is divided into:

  • Standard
  • Graduated

The major applications of the product include:

Based on the distribution channel, the industry can be segmented into:

  • Hospitals
  • Ambulatory Surgical Centres
  • Clinics
  • Online Sales
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Compression Socks Market by Region

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Increasing Prevalence of Venous Disorders to Augment the Demand for Compression Socks

The growing incidence of venous disorders globally is one of the major factors driving the growth of the compression socks industry. The sedentary lifestyle is leading to the growth of the deep vein thrombosis (DVT) and similar venous disorders. Moreover, the growing geriatric population across the globe is expected to result in an increased prevalence of varicose veins, chronic venous, insufficiency, and other conditions, which increases greatly with age. The growing research and development activities and new product launches are expected to significantly boost the industry growth. Meanwhile, the growing preference for compression therapy is driving the demand for compression socks. People suffering from vein diseases undergo compression therapy to increase the blood flow in lower and upper limbs, for which they need to wear compression garments like compression stockings. Compression therapy provides relief from venous pressure, prevents venous stasis, and relieves heavy and aching legs. Hence, the growing popularity of compression therapy is expected to drive the industry over the forecast period. This will be supported by the rising consumer disposable incomes and the growing retail sector.

 

Key Industry Players in the Global Compression Socks Market

The report gives a detailed analysis of the following key players in the global compression socks market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • 3M Company 
  • Medi GmbH & Co. KG
  • Calzificio Zeta
  • BSN medical GmbH
  • Sigvaris AG
  • Therafirm
  • Santemol Group Medikal
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Distribution Channel
  • Application
  • Region
Breakup by Product
  • Standard
  • Graduated
Breakup by Distribution Channel
  • Hospitals
  • Ambulatory Surgical Centres
  • Clinics
  • Online Sales
  • Others
Breakup by Application
  • Varicose Veins
  • Wound Care
  • Burns
  • Oncology
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 3M Company 
  • Medi GmbH & Co. KG
  • Calzificio Zeta
  • BSN medical GmbH
  • Sigvaris AG
  • Therafirm
  • Santemol Group Medikal
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Compression Socks Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Compression Socks Historical Market (2018-2023) 
    8.3    Global Compression Socks Market Forecast (2024-2032)
    8.4    Global Compression Socks Market by Product
        8.4.1    Standard
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Graduated
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Compression Socks Market by Distribution Channel
        8.5.1    Hospitals
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Ambulatory Surgical Centres
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Clinics
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Online Sales
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others
    8.6    Global Compression Socks Market by Application
        8.6.1    Varicose Veins
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Wound Care
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Burns
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Oncology
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Others
    8.7    Global Compression Socks Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032) 
9    North America Compression Socks Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Compression Socks Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Compression  Socks Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Compression Socks Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Compression Socks Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    3M Company 
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Medi GmbH & Co. KG
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Calzificio Zeta
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    BSN medical GmbH
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Sigvaris AG
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Therafirm
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Santemol Group Medikal
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Compression Socks Market: Key Industry Highlights, 2018 and 2032
2.    Global Compression Socks Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Compression Socks Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Compression Socks Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
5.    Global Compression Socks Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
6.    Global Compression Socks Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Compression Socks Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Compression Socks Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Compression Socks Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Compression Socks Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Compression Socks Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Compression Socks Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Compression Socks Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Compression Socks Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Compression Socks Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Compression Socks Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Compression Socks Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Compression Socks Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Compression Socks Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Compression Socks Market Structure

Key Questions Answered in the Report

The global compression socks market is projected to grow at a CAGR of 5% between 2024 and 2032.

The major drivers of the industry, such as the rising demand from people suffering from venous disorders, increasingly sedentary lifestyle, rising geriatric population, new product launches, rising adoption of compression therapy, and rapidly rising retail sector, are expected to aid the market growth.

The key market trends guiding the growth of the market include the growing introduction of products with new functionalities and rising R&D activities.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest market share.

The leading products of compression socks in the market are standard and graduated.

The major application segments in the market are varicose veins, wound care, burns, and oncology, among others.

The significant distribution channels in the industry are hospitals, ambulatory surgical centres, clinics, and online sales, among others.

The major players in the industry are 3M Company, Medi GmbH & Co. KG, Calzificio Zeta, BSN medical GmbH, Sigvaris AG, Therafirm, and Santemol Group Medikal, among others.

Analyst Review

The global compression socks market is being driven by the rising population of people afflicted with venous diseases. Aided by new product launches, the market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 5%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product, the market is segmented into standard and graduated. Based on application, the industry can be divided into varicose veins, wound care, burns, and oncology, among others. On the basis of distribution channel, the industry can be categorised into hospitals, ambulatory surgical centres, clinics, and online sales, among others. The major regional markets for compression socks are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include 3M Company, Medi GmbH & Co. KG, Calzificio Zeta, BSN medical GmbH, Sigvaris AG, Therafirm, and Santemol Group Medikal, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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