Diabetes is one of the growing concerns among adults 18 years of age and above. World health Organization (WHO) estimates that the global prevalence of diabetes is increased to 8.5% in 2014 as compared to 4.7% in 1980. Diabetes is identified as one of the major cause of lower extremity (LE) or peripheral edema, venous insufficiency and deep vein thrombosis, leading to multiple or combined etiologies. Compression therapy is a non-invasive treatment regime to improve the blood circulation in patients suffering from diabetes, varicose veins, and spider veins thus maintaining desired pressure in the feet's and legs. Compression socks accelerate venous blood flow by providing a gently graduated support to leg veins and valves creating improved blood flow. Compression socks are available in varying degrees of compression ranging from mild to higher levels of compression. The levels of compression are expressed in millimeters of mercury (mmHg), and different levels of compression socks are used in a treatment of different medical conditions. A mild level compression therapy (up to 25mmHg) is used to relieve the symptoms of swelled and paining legs, varicose and spider vein. High levels of compression therapy, greater than 25mmHg is considered contradiction for a diabetic patient. The low-level compression therapy socks do not require a physician's prescription while higher therapeutic compression socks are not sold without the doctor's prescription. Compression socks are available in various fits and sizes are often considered as the first line of treatment for varicose veins, spider veins, and edema in patients with diabetes. Apart from this compression therapy is largely exploited by athletes with venous insufficiency. The compression socks market is expected to generate substantial revenues over the forecast period.
Diabetes remains one of the foremost accelerating factors for compression socks market growth. A diabetic patient is at higher risk of developing venous insufficiency, peripheral edema, and DVT. Therefore, wearing compression socks delivers desired pressure at the foot and less pressure at the calves maintaining proper blood circulation. This prevents swelling and improves any nerve sensitivities. Furthermore, compression socks are cheaper and much simpler than alternative treatment therapies and hence remain the most popular choice of the patients with DVT and other prophylaxis. Additionally, increasing use of compression socks among athletes with the prime focus on improving the venous return by applying graduated compression around the calves is expected to drive the market for compression socks over the forecast period.
The global Compression Socks market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Compression Socks market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Compression Socks in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Bio Compression Systems
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Compression Socks market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Compression Socks market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Compression Socks manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Compression Socks with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Compression Socks submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Compression Socks are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Compression Socks market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
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Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Compression Socks market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.