North America Compression Garments and Stockings Market Size (2024-2030)

The North American compression garments and stockings market was valued at USD 1.43 billion and is projected to reach a market size of USD 1.77 billion by the end of 2030. The market is expected to grow at a CAGR of 2.51% during the forecast period of 2023–2030.

Earlier, compression garments and stockings were used in a limited way for medical and therapeutic purposes, that is, for the treatment of diseases related to veins. However, with the continuous development in the field of medical clothing, the applicability of compression garments and hosiery has increased in the region. Nowadays, compression garments are increasingly used in sports to improve muscle performance and treat injuries and fatigue after training. Additionally, the recent increase in health and fitness awareness among consumers has led to the development of new and innovative products from temperature-specific materials in the region. In addition, as consumers have changed their preferences for stylish compression stockings and garments due to the previously dull design of compression garments, this has led to the introduction of fashionable compression garments and stockings that meet a wide range of consumer needs. Additionally, the future of the compression garments and hosiery market in North America is positive, with increased consumer demand for personalized and specialized compression garments that not only meet health requirements but also enhance aesthetic appeal. In addition, trends in wearable technology are leading to the development of compression garments with trackers and sensors, especially for the elderly, that allow caregivers to monitor physical health through a mobile app.

Key Market Insights:

According to the Chicago Vein Institute, more than 40 million people in the US suffer from varicose veins.

According to the CDC (Center for Disease Control and Prevention), 24% of all adults, or 58.5 million people in the US, have arthritis, which is the leading cause of sick leave.

According to research published in the Health Innovation Program, approximately 2 million Americans develop a foot ulcer each year, 5% of whom lose a limb.

According to the UCSF Department of Surgery, 14–24% of diabetic patients in the US develop a foot ulcer.

North American Garments and Stockings Market Drivers:

The increasing number of varicose vein cases has increased the demand for compression garments and hosiery in the North American market.

Varicose veins are a very critical health condition in the region that leads to swelling and pain in the legs. In addition, a rapidly growing aging population and obesity are major contributors to varicose veins in the region. Therefore, medical professionals such as physiotherapists and orthopaedists recommend compression stockings to patients suffering from varicose veins, as they help reduce blood clotting and improve blood flow in the legs. This is done by applying pressure to the affected area. In addition, there is a growing trend toward preventive compression clothing, which is increasingly required by people who spend most of their time sitting at work. Preventive compression stockings or socks further help improve blood circulation in these people and reduce the risk of varicose veins in the future.

The growing demand for winter sports has increased the demand for compression garments and hosiery in the North American market.

Winter sports are a major contributor to compression clothing and hosiery in the region, as athletes and winter sports athletes require strong and comfortable compression hosiery that can provide support and prevent muscle and joint injuries such as strains, muscle spasms, sprains, and other injuries. In addition, training for winter sports activities involves demanding training that can cause muscle soreness and fatigue, leading to reduced muscle function. Therefore, compression garments such as compression abdominal garments and compression socks are widely used for rapid muscle recovery after exercise. In addition, compression garments equipped with temperature regulation provide warmth and comfort to muscles and joints during cold weather and help athletes increase their endurance. Compression stockings, which are specially designed for cold weather, also help reduce blood clotting and promote blood circulation in the body.

Restraints and Challenges in the North American Compression Garment and Stockings Market:

Lack of awareness among people about the ill effects of untreated muscle and joint disorders may reduce the demand for compression garments and hosiery in North America.

In addition, long-term use of compression garments and stockings can reduce their effectiveness and affect the patient's comfort when moving. This may further hinder the growth of the compression garments and hosiery market in North America.

North America Compression Garments and Stockings Market Opportunities:

The North American compression garments and hosiery market is expected to provide lucrative opportunities for businesses that include acquisitions, partnerships, collaborations, product launches, and agreements during the forecast period. Furthermore, increasing demand for comfortable sportswear that aids in muscle recovery and post-exercise fatigue is projected to develop the North American compression garments and hosiery market and enhance its future growth prospects.

NORTH AMERICA COMPRESSION GARMENTS AND STOCKINGS  MARKET REPORT COVERAGE:

North America Compression Garments and Stockings Market Segmentation: By Product Type

• Compression garments
• Compression stockings

In 2022, based on market segmentation by product type, compression garments accounted for the highest share of about 37% of the market. Sportsmen and women are in increased demand for compression shirts, pants, sleeves, bodysuits, and other materials to improve their muscle health and support increased performance. In addition, these clothes also help in controlling the body temperature according to the outside temperature, which is suitable for winter sports training.

Compression stockings are the fastest-growing segment during the forecast period. Compression stockings or socks are increasingly used by trainers, runners, cyclists, and other athletes to improve blood flow in the legs and treat problems with muscle vibration after exercise. In addition, nylon, spandex, and other fabrics are widely used in compression socks in this area.

North America Compression Garments and Stockings Market Segmentation: By Application

• Varicose veins
• Burns
• Oncology
• Wound care
• Others

In 2022, based on market segmentation by application, varicose veins accounted for the highest market share of approximately 43%. Varicose veins are a serious problem in the region due to the growing elderly population and the prevalence of obesity. For example, according to the Center for Advanced Heart and Vascular Interventions, approximately 1 in 4 adults in the United States is affected by varicose veins. Compression stockings are therefore widely used among the people of the region to reduce leg swelling and improve blood circulation. In addition, it helps reduce the discomfort and pain caused by untreated varicose veins.

The wound care segment is the fastest-growing segment during the forecast period. Wounds such as leg ulcers and diabetic foot ulcers are common causes of muscle failure and reduced blood flow in the leg. Leg ulcers affect the functioning of the leg veins by causing blood to clot, which can further lead to leg swelling such as edema. Thus, using compression garments can treat leg ulcers by improving blood flow. It also treats blood clotting and increases blood flow in the affected area by supplying oxygen and nutrients to the affected area.

North America Compression Garments and Stockings Market Segmentation: By Distribution Channel

• Hospitals and clinics
• Ambulatory Surgical Centers
• Online sales
• Others

In 2022, based on market segmentation by distribution channels, hospitals and clinics held the highest market share, approximately 39%. Patients prefer on-site joint and muscle treatment consult hospitals and clinics as they offer specialized compression garments and hosiery according to patients' health conditions. Additionally, it increases the availability of these products to patients as hospitals and clinics offer immediate compression therapy to patients.

The online sales segment is the fastest-growing segment in the region during the forecast period. The rapidly growing e-commerce industry in the region is the biggest contributor to the growth of compression underwear and hosiery. In addition, the increased online presence of sports companies providing various types of compression wear for enhanced sports performance has further boosted the market demand for compression garments and hosiery in the region.

North America Compression Garments and Stockings Market Segmentation: Country Analysis:

• United States
• Canada
• Mexico

In 2022, based on market segmentation by country, the United States held the highest market share at about 61%. The increase in cases of varicose veins, leg ulcers, and other musculoskeletal disorders and the growing demand for compression socks for recovery after exercise or training have contributed to the rise of compression garments and hosiery in the country.

Canada is the fastest-growing country during the forecast period. Home to most winter sports, the country has been a major consumer of compression socks, sleeves, and T-shirts for muscle recovery and sports-related injury prevention. Moreover, the sedentary lifestyle that requires long working sessions is another factor increasing the demand for compression stockings in the country.

COVID-19 Impact Analysis on the North American Compression Garments and Stockings Market

The pandemic has had a significant impact on the compression garments and hosiery market in North America. Hospitals and clinics have increased demand for medical compression stockings and abdominal dressings to prevent patients from bedsores during the pandemic. Additionally, the domestic demand for compression stockings has witnessed an increase in demand from e-commerce platforms. This was due to the growing trends in telemedicine and teleconsultation, where doctors interacted with patients on a virtual platform and recommended the use of compression garments for musculoskeletal disorders. However, the increased demand for compression garments was not met by supply due to supply chain disruptions that caused a slowdown in the distribution of compression garments and hosiery in the region.

Latest developments:

• In September 2023, AIROS Medical launched a compression therapy device – AIROS 6P for the treatment of lymphedema and venous complications in patients and a compression garment for the treatment of leg swelling, abdominal and pelvic injuries, or fatigue.
• In March 2023, British apparel company Pressio, launched its website for sustainable running, compression, and endurance sportswear and accessories for men and women in the US. The goal is to increase Pressio's market base in the US market.

Key Players:

1. Macom USA
2. ContourMD
3. Juzo
4. Contemporary Design
5. The Marena Group LLC
6. Gottfried Medical Inc
7. Nouvelle Inc
8. Jobst USA
9. ATN Compression Socks
10. Walgreens