Market Overview:
The global compression garments market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of lifestyle diseases, growing awareness about the benefits of compression garments, and technological advancements in compression garment manufacturing. The global compression garments market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into upper compression garments and lower compression garments. Upper compression garments are further sub-segmented into shirts/tops and pants/shorts. Lower compression garments are further sub-segmented into socks/stockings and tights/leggings. On the basis of application, the market is segmented into men, women, and kids segments.
Product Definition:
Compression garments are clothing that is designed to provide compressive support to the body. This can be helpful for people who have experienced swelling or fluid retention, as the compression can help to reduce these symptoms. Compression garments may also be worn after surgery or during physical therapy, as they can help to improve blood circulation and reduce muscle fatigue.
Upper Compression Garments:
Upper compression garments are also known as blood pressure garments or bandages. They are used to reduce the swelling and edema caused by injury or illness. These work by restricting the blood flow allowing tissue to heal faster. The upper body part that is compressed includes arms, legs, chest, back of neck and head.
Upper compression garments market size was valued at USD 1 billion in 2015.
Lower Compression Garments:
Lower compression garments are designed to provide short-term pressure relief from swelling, pain and pressure caused by injury or illness. They can be used in the management of sports injuries, venous leg ulcers and postoperative pain among others. The global lower compression garments market size was valued at USD 1.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period owing to an increase in demand for these products from various application areas.
Application Insights:
Men application segment dominated the global market in 2017. This is attributed to rising prevalence of heart diseases and other circulatory system disorders among men, which has resulted in high demand for compression garments. In addition, these products are worn by patients during physical exercise to reduce fatigue and aid recovery time. As a result, the segment is expected to grow at a lucrative rate over the forecast period.
The women¢â‚¬â„¢s compression garment market was valued at USD 120 million in 2017 owing to increasing awareness about cardiovascular diseases among females and growing preference for tight fitting clothing that accentuates feminine curves.
Regional Analysis:
North America dominated the global market in 2017 owing to rising cases of cardiac disorders and high disposable income. Moreover, presence of key players such as DePuy Synthes; Johnson & Johnson Services, Inc.; Zimmer Biomet; Stryker Corporation in the region is anticipated to fuel growth over the forecast period. In addition, increasing adoption of advanced healthcare technologies is also expected to drive regional market growth over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period due to rising demand for compression garments from various application areas such as sports injuries and orthopedic conditions among others. Increasing geriatric population coupled with growing awareness regarding health issues among consumers will further propel regional product demand during the projected time frame.
Growth Factors:
- Increasing awareness about the benefits of compression garments among consumers.
- Rising demand for compression garments from athletes and sports enthusiasts.
- Growing popularity of compression garments among pregnant women and new mothers.
- Increasing use of compression garments in the treatment of medical conditions such as varicose veins, edema, and lymphedema.
Scope Of The Report
Report Attributes
Report Details
Report Title
Compression Garments Market Research Report
By Type
Upper Compression Garments, Lower Compression Garments
By Application
Men, Women, Kids
By Companies
M, BSN Medical, Medtronic, Medi, Sigvaris, Therafirm, XU, Santemol Group Medikal, Leonisa, Nouvelle, Medical Z
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Compression Garments Market Report Segments:
The global Compression Garments market is segmented on the basis of:
Types
Upper Compression Garments, Lower Compression Garments
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Men, Women, Kids
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- M
- BSN Medical
- Medtronic
- Medi
- Sigvaris
- Therafirm
- XU
- Santemol Group Medikal
- Leonisa
- Nouvelle
- Medical Z
Highlights of The Compression Garments Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Upper Compression Garments
- Lower Compression Garments
- By Application:
- Men
- Women
- Kids
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Compression Garments Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Compression garments are garments that use compression to help reduce swelling and improve blood circulation. They can be worn before, during, or after surgery to help prevent post-operative pain and discomfort.
Some of the major companies in the compression garments market are M, BSN Medical, Medtronic, Medi, Sigvaris, Therafirm, XU, Santemol Group Medikal, Leonisa, Nouvelle, Medical Z.
The compression garments market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compression Garments Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Compression Garments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Compression Garments Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Compression Garments Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Compression Garments Market Size & Forecast, 2020-2028
4.5.1 Compression Garments Market Size and Y-o-Y Growth
4.5.2 Compression Garments Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Upper Compression Garments
5.2.2 Lower Compression Garments
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.2.3 Kids
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compression Garments Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Compression Garments Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Upper Compression Garments
9.6.2 Lower Compression Garments
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
9.10.3 Kids
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Upper Compression Garments
10.6.2 Lower Compression Garments
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
10.10.3 Kids
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Upper Compression Garments
11.6.2 Lower Compression Garments
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
11.10.3 Kids
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Upper Compression Garments
12.6.2 Lower Compression Garments
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
12.10.3 Kids
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Upper Compression Garments
13.6.2 Lower Compression Garments
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
13.10.3 Kids
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Compression Garments Market: Competitive Dashboard
14.2 Global Compression Garments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 BSN Medical
14.3.3 Medtronic
14.3.4 Medi
14.3.5 Sigvaris
14.3.6 Therafirm
14.3.7 XU
14.3.8 Santemol Group Medikal
14.3.9 Leonisa
14.3.10 Nouvelle
14.3.11 Medical Z
