North America Compression Garments And Stockings Market Research Report - Segmented By Product Type, Application, End-user and Country (The U.S., Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Updated On: June, 2024
ID: 5248
Pages: 145

North America Compression Garments and Stockings Market Size (2024 to 2029)     

The size of the North American compression garments and stockings market is expected to be worth USD 1369 mn by 2029 from USD 1078 mn in 2024, growing at a CAGR of 4.9% from 2024 to 2029.

As more people become aware of compression garments' medical properties, such as reducing pain and healing, the demand for compression garments is likely to grow in North America.

In addition, due to varicose veins, lymphedema, and other muscle problems, compression garments and socks are becoming more popular. In the sport or event they're participating in, athletes and gymnasts increasingly wear compression garments and stockings since they improve their comfort, allow moisture to evaporate and help prevent injury. Furthermore, the North American compression garments and stockings market features advances in fabric quality and textile styles and increased fitness awareness. The compression garment and stocking market will be positively impacted by an aging population, increased public awareness, increased investment, and increased healthcare fees in the coming years. In addition, players can expect attractive business prospects thanks to productivity growth and innovative promotion and marketing strategies. Wearers of compression garments face many difficulties in ensuring that the pressure applied is accurate and repeatable. Generally, compression garments have a minimum number of size options. Therefore, one of the opportunities for compression garments and stockings market growth is to incorporate sensors to improve compression garments' effectiveness.

Compression garments and stockings may cause itchy skin and dryness due to their tight fit.

Due to this stumbling block, compression apparel and stockings have not gotten the attention they deserve in North America. As a result, North America's compression garments and stockings market's growth will likely be restricted by alternative therapies on the market. Treatment for chronic venous insufficiency may include wound care, dressings, topical or systemic antibiotics for untreated wounds, anesthesia, and adjunctive treatment.Overuse of compression stockings can challenge the compression garments and stockings market. When worn improperly, compression stockings can cause serious problems, even if they are easy to use. In addition, skin is prone to breaking, especially among the elderly, malnourished individuals, and those with soft, fragile skin.

This research report on the North America Compression Garments and Stockings Market has been segmented and sub-segmented into the following categories.

North America Compression Garments and Stockings Market - By Product

  • Compression garments
  • Compression stockings

North America Compression Garments and Stockings Market - By Application

  • Varicose veins
  • Wound care
  • Burns
  • Oncology

North America Compression Garments and Stockings Market - By End User

  • Hospitals
  • ASC’s
  • Clinics
  • Online sales
  • Healthcare

North America Compression Garments and Stockings Market - By Country

  • The U.S.
  • Canada
  • Rest of North America

Geographically, the U.S. compression garments and stockings market is expected to remain a dominant market in the North American region throughout the period. However, growing numbers of the elderly and a year-over-year increase in sports injuries are leveling up market demand. In addition, with a high average disposable income, an increase in the number of online forums, and technological advances, the market in the region is expected to be fueled by shipments and sales of graduated and pneumatic compression garments. 

As compression garments become increasingly popular in the region, they can be made from non-chaffing materials, perform sensory compression, and regulate blood circulation.

In people of all ages, obesity rates have skyrocketed in recent decades, causing the World Health Organization to define it as an epidemic and the American Medical Association to describe it as a disease.The Canada Compression garments and stockings market is predicted to reach a decent CAGR during the forecast period. According to the forecast, the United States led the North American Compression Garments and Stockings market, followed by Canada. Compression garments play a significant part in keeping diabetes-related ailments under check as an increasing number of people try to control the effects of obesity and diabetes.

KEY MARKET PLAYERS

Some of the prominent companies dominating the North American Compression Garments and Stockings Market include Leonisa, Inc., Medical Z, 2XU Pty. Ltd, 3M, BSN Medical, Medi GmbH & Co KG, Nouvelle, Inc., Santemol Group Medical.,

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Anil Kumar P is research manager at Market Data Forecast and responsible for Healthcare Domain.

Author

Anil Kumar P (Research Manager - Healthcare)

Anil Kumar P is the lead author of this report and the manager of the team responsible for authoring healthcare reports at Market Data Forecast. He holds a Bachelor’s degree in Pharmacy (Hons.) from BITS Pilani, one of India’s premier institutions. Over the past seven years, Anil has gained extensive experience working with multiple market research companies, where he has collaborated with a diverse range of clients—from innovative startups to Fortune 500 companies—delivering data-driven insights and strategic advice that drive business growth.

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