Global Medical Compression Garments Market Growth 2023-2029

Global Medical Compression Garments Market Growth 2023-2029

Medical compression garments are made with high-quality materials that can apply pressure to the body. Compression garments involve a level of pressure that directly affect the healing of your incision sites and blood flow. Compression with a medical garment accelerates the healing process, improves overall blood circulation and reduces swelling by preventing dangerous fluid buildup. It also encourages body to fit better into its new contoured, shape, which decreases the likelihood of any sagging to unwanted side-effects.

LPI (LP Information)' newest research report, the “Medical Compression Garments Industry Forecast” looks at past sales and reviews total world Medical Compression Garments sales in 2022, providing a comprehensive analysis by region and market sector of projected Medical Compression Garments sales for 2023 through 2029. With Medical Compression Garments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Medical Compression Garments industry.

This Insight Report provides a comprehensive analysis of the global Medical Compression Garments landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Medical Compression Garments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Medical Compression Garments market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Medical Compression Garments and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Medical Compression Garments.

The global Medical Compression Garments market size is projected to grow from US$ 2174.3 million in 2022 to US$ 3272.9 million in 2029; it is expected to grow at a CAGR of 3272.9 from 2023 to 2029.

Top 2 manufacturers of medical compression garments globally are Essity and SIGVARIS, account for about a third of global sales value in total. Geographically speaking, Europe is the largest market, accounting for over 35% of total market share, followed by Americas with about 30%. In terms of type, compression socks segment and body garments segment holds over 50% of global revenue in total. In terms of application, hospitals & clinics holds an dominant share of over 60%.

This report presents a comprehensive overview, market shares, and growth opportunities of Medical Compression Garments market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Compression Socks
Body Garments
Compression Shorts and Legging
Post Surgical Girdles
Face & Neck Garments
Others

Segmentation by application
Hospitals & Clinics
Nursing Care Centers
Home Care

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M
Essity
Tytex
Medi GmBH & Co KG
SIGVARIS
Leonisa
Medical Z
Bort
Juzo
DJO Global
Celeste Stein
Surgical Appliance Industries
SWISSLASTIC AG
Solidea
Bauerfeind
Calze GT

Key Questions Addressed in this Report

What is the 10-year outlook for the global Medical Compression Garments market?

What factors are driving Medical Compression Garments market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Medical Compression Garments market opportunities vary by end market size?

How does Medical Compression Garments break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.