Compression Stockings Market is a professional and detailed report focusing on primary and secondary drivers, market share, key segments and geographic analysis. In addition, innovative business and innovative policies, along with key players, key partnerships, mergers and acquisitions, are reviewed in this report.
The report also includes the development of key strategies for the market that consist of new product launches, R & D, partnerships, acquisitions and mergers, cooperation and joint venture agreements, and regional growth of key players in the global and regional markets.
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Compression stockings improve blood supply and help to reduce blood clotting and leg ulcers. The demand for compression stockings is growing due to an increase in patients suffering from varicose veins, deep vein thrombosis, and Diabetes. According to the Centers for Disease Control and Prevention’s 2017 study, diabetes affects over 30.3 million people worldwide. Compression stockings are intended to provide precise pressure in the leg while also assisting blood flow back to the heart.
Drivers:
Compression stocking demand growth is projected to be fueled by an increase in the global geriatric population. For example, the global geriatric population was around 962 million in 2017, according to the United Nations World Population Study 2017, and is projected to reach around 2.1 billion by 2050.
Furthermore, the demand is projected to increase as the number of patients suffering from venous disorders rises. According to a 2018 study from the Centers for Disease Control and Prevention (CDC), 900,000 people in the United States are affected by deep vein thrombosis (DVT) each year, with 60,000-100,000 deaths recorded each year.
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Restraints:
Compression stockings side effects, such as broken skin, aches, pain, skin irritation, and discomfort, are major factors limiting the compression stockings market development. Excessive and unevenly distributed pressure from these stockings can break the skin, especially in the elderly and malnourished, as well as those with frail, brittle skin. According to a report published in the National Center for Biotechnology Information (NCBI) in 2014, a 76-year-old patient with venous ulcers suffered skin damage as a result of wearing compression stockings on a daily basis.
Regional Analysis:
The compression stockings market is divided into five regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. Rising cases of diseases like venous thrombosis, which involve compression stockings to prevent blood clotting and boost blood flow, are expected to propel. During the forecast era, North America is projected to dominate the compression stockings market. According to the American Heart Association, venous thrombosis affects between 300,000 and 600,000 people in the United States each year.
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Due to rising demand for varicose vein care, Europe is expected to rise significantly over the forecast period. According to a 2018 European society study, wearing compression stockings with a pressure of 18 to 21 mm hg helped to minimize varicose veins-related aches and pain.
Following are major Table of Content of Compression Stockings Market Report:
1. Industry Overview of Compression Stockings.
2. Manufacturing Cost Structure Analysis of Compression Stockings market.
3. Technical Data and Manufacturing Plants Analysis of Compression Stockings.
4. Capacity, Production, and Revenue Analysis.
5. Price, Cost, Gross and Gross Margin Analysis of Compression Stockings by Regions, Types, and Manufacturers.
6. Consumption Volume, Consumption Value, and Sale Price Analysis of Compression Stockings industry by Regions, Types, and Applications.
7. Supply, Import, Export, and Consumption Analysis of Compression Stockings Market.
8. Major Manufacturers Analysis of Compression Stockings industry.
9. Marketing Trader or Distributor Analysis of Compression Stockings.
10. Industry Chain Analysis of Compression Stockings.
11. Development Trend Analysis of Compression Stockings Market.
12. New Project Investment Feasibility Analysis
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