DUBLIN, July 19, 2019 /PRNewswire/ -- The "Global Compression Garments Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
The global compression garments market was valued at US$ 2,623.5 Mn in 2017 and expected to reach US$ 4,290.1 Mn by 2026, expanding at a CAGR of 5.5% from 2018 to 2026.
The growing number of sports and recreational activities and consequent injuries across the world is an important factor that drives the global compression garments market towards growth. Of the several types of sports injuries occurring worldwide, a prominent section occurs to the limbs and also lead to damage to the vasculature. Treatment to the resulting trauma and edema requires compression therapy with compression pumps and garments.
The manufacturers of compression garments are continuously introducing newer products in the market with different sizes, materials, compression capacities and so on. Newer technologies in the nature and mechanism of these materials are also being perpetually introduced. Introduction of new products is expected to address the varied needs of the patients and users suffering from different types of venous diseases, injuries, and those who have undergone surgeries and require rehabilitation.
Growing numbers of growth strategic moves are also expected to favor the growth of this market. Manufacturers are observed to adopt inorganic growth measures for augmenting their portfolio and outreach to the consumers. Market players are also engaged in acquisition activities as a part of expansion or entry strategy.
Geographically, the presence and demand for compression garments are the highest in the developed markets of North America and Europe. The Asia Pacific will be the fastest growing regional market due to an increasing prevalence of related diseases, large population pool, and burgeoning medical tourism industry for cosmetic and aesthetic procedures.
Some of the major players operating in the global compression garments market are McKesson Medical-Surgical Top Holdings Inc., BSN Medical, Medi GmbH & Co., SIGVARIS Management AG, Julius Zorn, Inc., Medico International, Inc., Spanx., Inc., Bio Compression Systems, Inc., Gottfried Medical, Inc. and Spectrum Healthcare, Inc.
Key Market Movements
- The growing prevalence of painful conditions such as lymphedema, lipodermatosclerosis, varicose veins, etc.
- The increasing interest of the general population in sports and fitness activities
- Augmented amount of clinical evidence supporting the benefits of compression therapy in disease treatment and sports performance
- Growing disposable incomes facilitating higher uptake of compression garments as performance accessories
Chapter 1. Preface
1.1. Report Description
1.2. Research Scope
1.3. Research Methodology
1.4. Market Segmentation
Chapter 2. Executive Summary
2.1. Global Compression Garments Market Portraiture
2.2. Global Compression Garments Market, by Product Type, 2017 (US$ Mn)
2.3. Global Compression Garments Market, by Application, 2017 (US$ Mn)
2.4. Global Compression Garments Market, by Geography, 2017 (US$ Mn)
Chapter 3. Global Compression Garments Market: Dynamics and Future Outlook
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Compression Garments Market, by Key Players, 2017
Chapter 4. Global Compression Garments Market, by Product Type, 2016 - 2026 (US$ Mn)
4.2. Full Body Garments
4.3. Lower and Upper Extremities Garments
4.4. Facial Garments
4.7. Compression Tapes
Chapter 5. Global Compression Garments Market, by Application, 2016 - 2026 (US$ Mn)
5.2. Plastic and Cosmetic Postoperatives
5.3. Burn Care
5.6. Others (therapy purposes, wellbeing, preventive care, pain management, etc.)
Chapter 6. Global Compression Garments Market, by Geography, 2016 - 2026 (US$ Mn)
6.2. North America Compression Garments Market, 2016 - 2026 (US$ Mn)
6.3. Europe Compression Garments Market, 2016 - 2026 (US$ Mn)
6.4. Asia-Pacific Compression Garments Market, 2016 - 2026 (US$ Mn)
6.5. Latin America Compression Garments Market, 2016 - 2026 (US$ Mn)
6.6. Middle East & Africa Compression Garments Market, 2016 - 2026 (US$ Mn)
Chapter 7. Company Profiles
7.1. McKesson Medical-Surgical Top Holdings Inc.
7.1.1. Business Description
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. BSN Medical
7.3. Medi GmbH & Co.
7.4. SIGVARIS Management AG
7.5. Julius Zorn Inc.
7.6. Medico International Inc.
7.7. Spanx Inc.
7.8. Bio Compression Systems Inc.
7.9. Gottfried Medical Inc.
7.10. Spectrum Healthcare Inc.
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