Medical Compression Socks Market Report 2024 (Global Edition)

Global Medical Compression Socks Market Report 2024 Market Size Split by Application (Varicose Veins , Wound Care , Burns , Oncology , Others), by Product (Knee High , Thigh High), by Demography ...

Medical Compression Socks Market Report Description

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Competitive Landscape of the Medical Compression Socks Market

Strategic initiatives including product developments, alliances, and mergers are implemented by key actors. Prioritizing R&D helps businesses develop innovative reagents and maintain a competitive edge. Sturdy distribution networks and a commitment to quality standards increase market presence and create an atmosphere where industry leaders are distinguished by their agility and creativity.

 

Top Companies Market Share in Medical Compression Socks Industry: (In no particular order of Rank)

• Sanyleg S.r.l
• Novamed
• Santemol Group Medikal
• Medi GmbH and Co. KG
• Calze G.T. S.r.l
• KOSEMED
• Thuasne
• BSN Medical
• SIGVARIS
• Euromi S.A
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Medical Compression Socks Market

Which Region Dominates the Medical Compression Socks Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The market for medical compression socks is growing quickly in North America. The aging population and the increasing incidence of chronic diseases like deep vein thrombosis and venous insufficiency are the main causes of this increase. Demand is also fueled by a growing understanding of the significance of preventive healthcare practices. The medical compression socks market is still expanding globally, with a major contribution coming from this region.

Which Region is Expanding at the Fastest CAGR?

The Europe region is witnessing an increase, in the sales of reagents. In Europe, the market for medical compression socks is expanding significantly. The growing aging population in the area and rising rates of chronic illnesses including lymphedema and venous insufficiency are propelling market growth. The market's growth trajectory is also influenced by the increasing awareness of the advantages of compression therapy in the management of such illnesses. Europe is still a significant medical compression market.

The current report Scope analyzes Medical Compression Socks Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Medical Compression Socks Market

According to Cognitive Market Research, the global Medical Compression Socks market size was estimated at USD XX Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031. The market for compression socks is booming in North America thanks to factors like an aging population, increased recognition of the value of leg health, and an increase in the incidence of diseases like diabetes and deep vein thrombosis (DVT). Sports compression socks are becoming increasingly popular in this particular area because of the growing popularity of fitness activities and the focus on athlete injury prevention and performance development. Medical-grade compression socks are also more popular in the area because of the strong healthcare system and high levels of disposable money. All things considered, the market for compression socks looks promising in North America, where rising healthcare technology and changing consumer tastes will likely fuel future expansion.

Country Analysis

• According to Cognitive Market Research, the US had a major share in the Medical Compression Socks market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The demand is amplified by the nation's varicose veins. 
• The Canada Medical Compression Socks market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Canada's rising deep vein thrombosis (DVT).
• The Mexico Medical Compression Socks market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD XX million in 2024.

Europe Medical Compression Socks Market

According to Cognitive Market Research, with a market value of USD XX million in 2024 and projected to expand at a compound annual growth rate (CAGR) 3.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD XX million. The demand for compression socks is booming in Europe due to a number of causes, including an aging population, expanding venous disease awareness, and a focus on preventative healthcare. Fashion compression socks are one of the areas that is growing the fastest because they are appealing items that are both fashionable and functional, especially to younger audiences. Moreover, market expansion is fueled by advantageous reimbursement regulations for medical-grade compression socks and Europe's robust healthcare infrastructure. Europe offers a dynamic market for compression socks, with a wide range of customers looking for lifestyle- and therapeutic-focused solutions. This market is expected to increase steadily due to innovation and changing consumer preferences.

• The United Kingdom Medical Compression Socks market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, Medical Compression Socks sales witness an upswing due to the nation's edema. 
• The France Medical Compression Socks market is projected to witness growth at a CAGR of 2.7% during the forecast period with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the Germany Medical Compression Socks market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, Medical Compression Socks sales surge due to the lymphedema. 
• The Italy Medical Compression Socks market is projected to witness growth at a CAGR of 2.9% during the forecast period with a market size of USD XX million in 2024.
• The Russia Medical Compression Socks market is projected to witness growth at a CAGR of 2.5% during the forecast period with a market size of USD XX million in 2024.
• The Spain Medical Compression Socks market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD XX million in 2024.
• The Luxembourg Medical Compression Socks market is projected to witness growth at a CAGR of 3.6% during the forecast period with a market size of USD XX million in 2024.
• The Portugal Medical Compression Socks market is projected to witness growth at a CAGR of 3.3% during the forecast period with a market size of USD XX million in 2024.
• The Greece Medical Compression Socks market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD XX million in 2024.
• Rest of Europe Medical Compression Socks market is projected to witness growth at a CAGR of 2.2% during the forecast period with a market size of USD XX million in 2024.

 

Asia Pacific Medical Compression Socks Market

According to Cognitive Market Research, the global Medical Compression Socks market size was estimated at USD XX Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031. The market for compression socks is expanding significantly in the Asia Pacific area due to reasons such the growing middle class, rising healthcare awareness, and an increase in the prevalence of lifestyle-related disorders like diabetes and obesity. The aging population and increasing incidence of venous illnesses are driving huge demand for medical compression socks across the various segments. Furthermore, among consumers who are concerned about their health, compression socks for sports and fitness activities are becoming more popular. The Asia Pacific region offers market participants good prospects due to rising disposable incomes, increasing urbanization, and improved healthcare infrastructure. The region's compression sock market is anticipated to expand even more as a result of ongoing innovation and focused marketing initiatives.

• According to Cognitive Market Research, the China Medical Compression Socks market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Medical Compression Socks sales surge in China due to the nation's rapid venous insufficiency.
• The Japan Medical Compression Socks market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD XX million in 2024.
• The India Medical Compression Socks market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. The demand is augmented by India's increasing aging population.
• The South Korea Medical Compression Socks market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD XX million in 2024.
• The Australia Medical Compression Socks market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD XX million in 2024.
• The South East Asia Medical Compression Socks market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD XX million in 2024.
• The Rest of Asia Pacific Medical Compression Socks market is projected to witness growth at a CAGR of 6.8% during the forecast period with a market size of USD XX million in 2024.

South America Medical Compression Socks Market

According to Cognitive Market Research, the global Medical Compression Socks market size was estimated at USD XX Million out of which Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. The market for compression socks is expanding in Latin America due to factors like growing geriatric population, growing awareness of venous illnesses, and expanding healthcare access. Due to the increasing focus on preventative healthcare and the prevalence of illnesses like chronic venous insufficiency, medical compression socks are one of the categories that is seeing substantial demand. Athletes are also becoming more and more in demand for compression socks in order to prevent injuries and improve performance due to the developing sports and fitness culture in the area. Underpinned by innovation and strategic market penetration activities, Latin America presents great potential for market expansion due to increasing economic conditions and evolving consumer tastes.

• According to Cognitive Market Research, the Brazil Medical Compression Socks market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Medical Compression Socks sales flourish in Brazil due to the nation's growing healthcare infrastructure.
• The Argentina Medical Compression Socks market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. The demand is augmented by Argentina's commitment to rising chronic disease burden.
• The Colombia Medical Compression Socks market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD XX million in 2024.
• The Peru Medical Compression Socks market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD XX million in 2024.
• The Chile Medical Compression Socks market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD XX million in 2024.
• The Rest of Latin America Medical Compression Socks market is projected to witness growth at a CAGR of 3.5% during the forecast period with a market size of USD XX million in 2024.

Middle East and Africa Medical Compression Socks Market

According to Cognitive Market Research, the global Medical Compression Socks market size was estimated at USD XX Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031. The market for compression socks is expanding steadily in the Middle East and Africa due to rising healthcare awareness, an increase in the prevalence of chronic diseases like diabetes and cardiovascular problems, and an aging population. Because venous problems are so common and because preventative healthcare measures are so important, there is a substantial demand for medical compression socks across the various segments. Furthermore, athletes and fitness enthusiasts are increasingly using compression socks to improve performance and prevent injuries as a result of the region's growing sports and fitness culture. Rising disposable incomes and continuous healthcare infrastructure upgrades make the Middle East and Africa area a viable place for market players to grow and adapt to changing consumer demands.

• According to Cognitive Market Research, the GCC Countries Medical Compression Socks market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Medical Compression Socks sales flourish in the GCC Countries due to the region's strategic investments in healthcare research and advancements.
• The Egypt Medical Compression Socks market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD XX million in 2024.
• The South Africa Medical Compression Socks market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD XX million in 2024. Medical Compression Socks sales flourish in the South Africa due to the region's strategic investments in healthcare research and advancements.
• The Turkey Medical Compression Socks market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD XX million in 2024.
• The Nigeria Medical Compression Socks market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD XX million in 2024.
• The Rest of MEA Medical Compression Socks market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD XX million in 2024.

Medical Compression Socks Market Analysis

Medical Compression Socks Market Application Segment Analysis

According to Cognitive Market Research, Varicose Veins held the major market share over the forecast period. The market for medical compression socks is developing due in large part to the increasing incidence of varicose veins. Since many people have varicose veins, there is a growing need for compression therapy as a non-invasive treatment alternative. By increasing blood circulation and lowering discomfort, medical compression socks effectively relieve symptoms, making them indispensable for controlling difficulties associated with varicose veins.

Wound Care is the fastest-growing category over the forecast period. The wound care industry is seeing a rise in demand for medical compression socks. These socks are essential for the treatment of venous leg ulcers because they decrease edema and improve circulation. The market for medical compression socks is growing as more healthcare practitioners become aware of the advantages compression therapy has in helping wounds heal, which is leading to improvements in wound care management.

• Varicose Veins 
• Wound Care 
• Burns 
• Oncology 
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Medical Compression Socks Industry. Request a Free Sample PDF!

Medical Compression Socks Market Product Type Segment Analysis

According to Cognitive Market Research, Knee High hold a prominent market share. The market for medical compression socks is expanding due to the knee-high segment. For problems like venous insufficiency, deep vein thrombosis, and edema in the lower limbs, knee-high compression stockings provide targeted support. Due to their adaptability and efficiency in enhancing blood flow and decreasing edema, they are becoming more and more well-liked by customers and healthcare providers alike, which has greatly boosted the market's overall growth.

Thigh High is the fastest-growing category over the forecast period. The market for medical compression socks is starting to see notable increase driven by thigh-high compression socks. With their full coverage that reaches the thigh, they offer complete support for ailments including deep vein thrombosis and venous insufficiency. Healthcare professionals and patients alike are favoring thigh-high compression socks more and more due to their capacity to treat circulation problems in the entire lower limb, which is driving the market.

• Knee High 
• Thigh High

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Medical Compression Socks Demography Segment Analysis

According to Cognitive Market Research, Women held the major market share over the forecast period. The market for medical compression socks is expanding thanks in large part to the female population. Women who work in jobs that require extended standing or who are pregnant and have venous problems are more likely to use compression socks as a preventive measure and for symptom relief. The market for medical compression socks is growing to accommodate the unique needs of women who are becoming more aware of the advantages of compression therapy.

Men is the fastest-growing category over the forecast period. The market for medical compression socks is expanding, and men are contributing more and more to this increase. Men are adopting compression socks for a variety of reasons, such as improving their workplace health and sporting performance, as knowledge of the advantages of compression treatment grows. Men are making a significant contribution to the rising demand for preventive healthcare as more people realize the value of these actions.

• Men
• Women

Medical Compression Socks Distribution Channel Segment Analysis

According to Cognitive Market Research, Offline held the major market share over the forecast period. For a number of reasons, the Medical Compression Socks market's offline segment is expanding significantly. When buying medical compression socks, many customers still prefer the physical experience and individualized attention provided by brick-and-mortar establishments, even with the rise of internet retail. Furthermore, offline merchants frequently offer professional advice on fitting and product selection, which helps the industry grow in response to the expanding market need.

Online is the fastest-growing category over the forecast period. Numerous reasons are driving the rapid growth of the Medical Compression Socks market's online segment. Online compression socks sales are becoming more and more popular due to the ease of doing comparison shopping, the wide selection of products offered, low pricing, and the ability to purchase from home. Advances in secure payment methods and e-commerce technology further stimulate the growth of the online industry in response to the growing demand for medical compression socks.

• Offline
• Online

Author's Detail

David Fuller

Senior Analyst at Cognitive Market Research

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I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.

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