South Korea Compression Stockings (Elastic Stockings) Market Driving the Growth, Current Trends

According to a new research report titled Compression Stockings (Elastic Stockings) Market Global Industry Perspective, Comprehensive Analysis And Forecast by 2021 – 2025

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The latest report on the Compression Stockings (Elastic Stockings) Market 2021 industry takes a closer look at the value chain assessment for the forecast period, 2021 to 2025.
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.

Covered Yarn, spandex and nylon are the main raw materials for the production of elastic stockings. Most of companies purchase materials from the market. With the development of elastic stockings, the raw materials manufacturers are also benefited from the elastic stockings industry in some extent.

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.

People with venous disorders, such as edema, phlebitis and varicose veins is the main consumer of elastic stockings. Among them, ambulatory patients who have long periods of sitting and standing, such as nurses, traveler, and teachers are largest consumer of stretch socks, with the market share of 63.02% in 2016.

We tend to believe this industry is an emerging industry, and with the economic recovery, more and more people pay attention to their status of physical health, especially in rural places that have a large population and fast economic growth, the need of elastic stockings will increase and the consumption increasing degree will show a rapid growth curve.

Global Compression Stockings (Elastic Stockings) market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of XX between 2021 and 2025.

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Key Competitors of the Global Compression Stockings (Elastic Stockings) Market are:
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,

The ‘Global Compression Stockings (Elastic Stockings) Market Research Report’ is a comprehensive and informative study on the current state of the Global Compression Stockings (Elastic Stockings) Market industry with emphasis on the global industry. The report presents key statistics on the market status of the global Compression Stockings (Elastic Stockings) market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Major Product Types covered are:

Gradient Socks
Anti-Embolism Socks

Major Applications of Compression Stockings (Elastic Stockings) covered are:

Ambulatory Patients
Post-operative Patients
Pregnant Women
Others

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Regional Compression Stockings (Elastic Stockings) Market (Regional Output, Demand & Forecast by Countries):-
North America (United States, Canada, Mexico)
South America ( Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And More.

The research report studies the past, present, and future performance of the global market. The report further analyzes the present competitive scenario, prevalent business models, and the likely advancements in offerings by significant players in the coming years.

Key Questions answered by the Report

• What will be the growth rate of the Global Compression Stockings (Elastic Stockings) Market 2021 for the forecast period 2021 to 2025?
• What will be the market size during this estimated period?
• What will be the growth areas within the market space and where should the participant focus to gain maximum ROI?
• Who are the prominent industries players dominating the Global Compression Stockings (Elastic Stockings) Market and what are their business strategies to stay ahead in the competition against their rivals?
• What are kind of challenges hindering the development of the industry worldwide?
• Competitive landscape of the Global Compression Stockings (Elastic Stockings) Market
• What are the opportunities business owners can rely upon to earn more profits and stay competitive during the estimated period?
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards Global Compression Stockings (Elastic Stockings) market performance

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