As per our research report, the Global North America Compression Garments and Stockings Market size is estimated to be growing at a CAGR of 2.51% from 2023 to 2030.
The pandemic had a significant impact on the North America Compression Garments and Stockings market. On one hand there was increase in demand for compression stockings and abdominal garments from hospitals & clinics for treating patients with bed soreness. Moreover, compression stockings such as ankle stockings and thigh stockings were increasingly demanded by at-home care patients through e-commerce platforms, as a result of increasing trends in telemedicine and teleconsultation during the pandemic. However, supply chain disruptions during the pandemic resulted a slowdown in the distribution of compression garments and stockings, which further deterred its market growth.
Additionally, all the winter sports activities were temporarily stopped in countries such as Canada, which further declined the demand for compression garments and stockings in the region. However, increase in health and fitness awareness during the pandemic, raised the demand for compression training /exercise socks, compression bras, and compression leg bands from online platforms, for preventing post-exercise fatigue.
Post-pandemic, the market saw an increase in demand for personalized and specialized compression socks, sleeves, body-suits, t-shirts, and others from teenagers and young adults. In addition, fashion-compression garments witnessed an increase in demand, as people shifted their preference towards stylish looking compression socks and garments that not only improved their muscle and joint health but also increased the visual appearance.
The restraints to this market include lack of awareness regarding untreated muscle and joint problems and discomfort to patients caused due to prolonged use of compression stockings.
Based on market segmentation by product type, compression garments held the highest share of about 37% in the market. The growth is attributed to increasing demand for compression garments such as t-shirts, pants, body-suit, and others by athletes and sports persons for muscle health improvement and for enhancing athletic performance during practice sessions. Furthermore, compression stockings segment is the fastest-growing segment during the forecast period. The growth is attributed to increasing demand for compression stockings or socks by trainers, cyclists, runners, and other sports persons for reducing post-exercise fatigue, which can otherwise lead to chronic muscle and joints injuries.
Based on market segmentation by application, varicose veins held the highest share of about 43% in the market. The growth of this segment is attributed to increased prevalence of varicose veins among the US population due to obesity and diabetes. Because of this, the inhabitants in the area frequently use compression stockings to lessen leg wounds and enhance blood circulation. Furthermore, wound care segment is the fastest-growing segment during the forecast period. The growth is attributed to increased prevalence of wound injuries caused due to sports injuries, diabetes, or occupational injuries. These injuries include leg ulcer and diabetic ulcer that can led further lead to acute swelling problems in leg such as edema. This, however, can be treated by compression garments and stockings, as it heals the wound by providing nutrients to the affected area, thereby improving blood flow mechanism.
Based on market segmentation by distribution channel, hospitals & clinics held the highest share of about 39% in the market. The growth of this segment is attributed to increased demand for on-site muscle and joint treatment by patients. Moreover, hospitals & clinics offer direct and increased accessibility to compression clothing products to their patients, thus reducing the delays in recovery process. Furthermore, online sales segment is the fastest-growing segment during the forecast period. The growth is attributed to rapidly growing e-commerce industry that offers door-step delivery, product comparison, and access to other customers’ review to the potential consumers. Additionally, rising presence of online sports companies have further increased the demand for compression exercise/training socks in the region.
Based on market segmentation by region, United States held the highest share of about 61% in the market. The growth is attributed to increased prevalence of medical conditions such as leg ulcers, varicose veins, edema, and others. Further, increasing demand for compression socks for post-workout recovery has further developed the market landscape for compression garments and stockings in the country. Furthermore, Canada is the fastest-growing country during the forecast period. The growth is attributed to rising demand for compression garments for winter sports and increased demand for preventive compression stockings by people spending long sitting working hours.
Companies playing a leading role in the Global North America Compression Garments and Stockings market profiled in this report are Macom USA, ContourMD, Juzo, Contemporary Design, The Marena group LLC, Gottfried Medical Inc, Nouvelle Inc, Jobst USA, ATN Compression Socks, and Walgreens.
Compression Garments
Compression Stockings
Varicose Veins
Burns
Oncology
Wound Care
Others
Hospitals & Clinics
Ambulatory Surgical Centers
Online Sales
Others
United States
Canada
Mexico
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