Business

Global Compression Stockings (Elastic Stockings) Market 2019 is growing at a CAGR of 6.5% upto 2024 and expected to reach around USD 1870 million globally by 2024

Global Compression Stockings (Elastic Stockings) Market
Global Compression Stockings (Elastic Stockings) Market

Elastic stockings are the medical equipment which is made of a material that has a very high elasticity. Elastic stockings can deliver a distributed amount of compression at the ankle and up the leg and help relieve symptoms and slow the progress of varicose veins. They are designed to gently squeeze the legs, which promotes good blood flow in the veins. Patients with venous disease may benefit from wearing elastic stockings even if they have not recently undergone scleratherapy treatment for varicose veins.

The global sales of elastic stockings are estimated from 24937 K Pairs in 2011 to 34077 K Pairs in 2016, at a CAGR of more than 6%. In 2016, the global elastic stockings sale market was led by USA, Europe, China and Japan, and USA and Europe are the most important sales market. At present, there are many manufacturers distributed around the world and the major manufacturers’ activities of elastic stockings are Medtronic (Covidien), Sigvaris, BSN Medical, Medi, Juzo etc. The top five companies holding 60% sales share in 2016.

Elastic stockings can be classified into two types: gradient socks and anti-embolism socks. Gradient socks are more often prescribed to the ambulatory patient, or those who are walking, accounting for about 76% of the total sale amount in 2016.

According to this study, over the next five years the Compression Stockings (Elastic Stockings) market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 1870 million by 2024, from US$ 1280 million in 2019.

Global Compression Stockings (Elastic Stockings) Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Compression Stockings (Elastic Stockings) Industry report also provides essential attributes associated with Compression Stockings (Elastic Stockings) market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.

Obtain the Brochure of the Report: https://www.apexmarketsresearch.com/report/global-compression-stockings-elastic-stockings-market-by-product-89467/#sample

Global Compression Stockings (Elastic Stockings) Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Compression Stockings (Elastic Stockings) business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Compression Stockings (Elastic Stockings) market in-depth outlook by analyzing historical statistics and future prospect.

TOP MOST PLAYERS:

Medtronic(Covidien)
Sigvaris
Medi
BSN Medical
Juzo
3M
Bauerfeind AG
Thuasne Corporate
Pretty Legs Hosiery
Salzmann-Group
Paul Hartmann
Cizeta Medicali
Belsana Medical
Gloria Med
Zhende Medical Group
Maizi
TOKO
Okamoto Corporation
Zhejiang Sameri
MD

Market Segment by Type, covers:
Gradient Socks
Anti-Embolism Socks

Market Segment by Applications, can be divided into:
Ambulatory Patients
Post-operative Patients
Pregnant Women
Others

Buying Inquiry: https://www.apexmarketsresearch.com/report/global-compression-stockings-elastic-stockings-market-by-product-89467/#inquiry

The prospective of this Compression Stockings (Elastic Stockings) industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Compression Stockings (Elastic Stockings) present market share and future prospects of the segment in terms of has also been explored in this report.

Global Compression Stockings (Elastic Stockings) market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Compression Stockings (Elastic Stockings) report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.

Conclusively, the Compression Stockings (Elastic Stockings) Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.

About the author

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Tim Coleman

With thorough interest in media and technology, I write about everything tech. Over the past 8 years, I have written numerous articles and research papers about international trade and consumer media. I also write opinion pieces about video games, internet, and evolving technology. My engineering degree in the field of information systems also helped a great deal in strengthening my interest and knowledge in the field of technology.

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