Compression Socks Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global compression socks market is on a robust growth trajectory, with worldwide revenue reaching US$ 680 million in 2024. Market experts anticipate to reach US$ 1000 million by the close of 2031, as highlighted in a comprehensive market analysis report.

Factors Driving the Growth of the Compression Socks Market

The compression socks market is poised for expansion, driven by several key factors:

Development of Compression Socks with New Functionalities: Manufacturers are focusing on enhancing their market presence by introducing novel features to their products, including cushioning for the footbed and moisture regulation. Padded compression socks have gained consumer acceptance, and the demand for items with superior moisture control and breathable fabrics is expected to rise, contributing to market expansion.

High Risk of Venous Thromboembolism (VTE) Among Cancer Patients: Compression socks are used for preventive care in various venous disorders, including VTE in cancer patients. Despite being in the experimental stage, the cost-effectiveness and practicality of compression socks for cancer patients are expected to meet customer needs and drive market growth.

Potential Benefits in Treating Target Conditions: Compression is widely used in orthopedic surgeries to reduce discomfort, swelling, and accelerate recovery. The potential advantages of using compression socks in treating conditions such as leg and foot volume reduction, venous reflux, and hypertension are expected to boost demand.

Challenges Impacting Market Growth

The growth of the compression socks market faces certain challenges:

Side Effects of Wearing Compression Socks: Despite their numerous benefits, compression socks can have negative side effects, including skin changes if not worn in the correct size or in cases of material allergies. It is essential to use compression socks correctly to avoid skin damage, nerve damage, and infection. Compression socks may worsen ischemia and reduce oxygen levels in the blood for individuals with abnormal arterial flow.

Lack of Standardization: The lack of standardization in the production of compression socks, with varying compression levels, sizes, and comfort across brands, has led to confusion among consumers and affected their confidence in the product's effectiveness.

Country-wise Insights

U.S. Market: The United States is witnessing substantial growth in the compression socks market, driven by a high prevalence of deep vein thrombosis (DVT), which affects over 900,000 Americans annually.

German Market: With approximately 2 million sports-related injuries occurring in Germany each year, the demand for compression socks is expected to rise. Online product promotion and increased consumer awareness are poised to support market growth.

Chinese Market: China, where a significant portion of the population is overweight or obese, is experiencing increasing demand for compression products, particularly compression socks, making it a prominent market in the industry.

Competitive Landscape

Key players in the compression socks market are focusing on new product development and expansion in emerging regions. They are enhancing their market positions through strategies like expansion, new product launches, and the utilization of online distribution channels for advertising.

Key Companies' Profiled

Medtronic Plc
Essity
3M Corporation
SIGVARIS Group
Santemol Group Medikal
Calzificio ZETA S.R.L.
Sanyleg Srl
Therafirm
medi GmbH & Co KG
Santemol Group Medikal

Key Segments Covered in Compression Socks Industry Research

Product:

Standard Compression Socks
Graduated Compression Socks

Application:

Varicose Veins
Wound Care
Burns
Oncology
Others

End User:

Hospitals
Ambulatory Surgical Centers
Clinics
Online Sales
Other Healthcare Facilities

Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

1. Executive Summary

1.1. Global Compression Socks Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Compression Socks Market Outlook, 2018 - 2031

3.1. Global Compression Socks Market Outlook, by Product, Value (US$ Mn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Standard Compression Socks
  - 3.1.1.2. Graduated Compression Socks
3.2. Global Compression Socks Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Varicose Veins
  - 3.2.1.2. Wound Care
  - 3.2.1.3. Burns
  - 3.2.1.4. Oncology
  - 3.2.1.5. Others
3.3. Global Compression Socks Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Hospitals
  - 3.3.1.2. Ambulatory Surgical Centers
  - 3.3.1.3. Clinics
  - 3.3.1.4. Online Sales
  - 3.3.1.5. Other Healthcare Facilities
3.4. Global Compression Socks Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Compression Socks Market Outlook, 2018 - 2031

4.1. North America Compression Socks Market Outlook, by Product, Value (US$ Mn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Standard Compression Socks
  - 4.1.1.2. Graduated Compression Socks
4.2. North America Compression Socks Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Varicose Veins
  - 4.2.1.2. Wound Care
  - 4.2.1.3. Burns
  - 4.2.1.4. Oncology
  - 4.2.1.5. Others
4.3. North America Compression Socks Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Hospitals
  - 4.3.1.2. Ambulatory Surgical Centers
  - 4.3.1.3. Clinics
  - 4.3.1.4. Online Sales
  - 4.3.1.5. Other Healthcare Facilities
4.4. North America Compression Socks Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 4.4.1.2. U.S. Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 4.4.1.3. U.S. Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 4.4.1.4. Canada Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 4.4.1.5. Canada Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 4.4.1.6. Canada Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Compression Socks Market Outlook, 2018 - 2031

5.1. Europe Compression Socks Market Outlook, by Product, Value (US$ Mn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Standard Compression Socks
  - 5.1.1.2. Graduated Compression Socks
5.2. Europe Compression Socks Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Varicose Veins
  - 5.2.1.2. Wound Care
  - 5.2.1.3. Burns
  - 5.2.1.4. Oncology
  - 5.2.1.5. Others
5.3. Europe Compression Socks Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Hospitals
  - 5.3.1.2. Ambulatory Surgical Centers
  - 5.3.1.3. Clinics
  - 5.3.1.4. Online Sales
  - 5.3.1.5. Other Healthcare Facilities
5.4. Europe Compression Socks Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 5.4.1.2. Germany Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.3. Germany Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.4. U.K. Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 5.4.1.5. U.K. Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.6. U.K. Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.7. France Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 5.4.1.8. France Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.9. France Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.10. Italy Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 5.4.1.11. Italy Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.12. Italy Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.13. Turkey Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 5.4.1.14. Turkey Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.15. Turkey Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.16. Russia Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 5.4.1.17. Russia Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.18. Russia Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 5.4.1.19. Rest of Europe Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 5.4.1.20. Rest of Europe Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.4.1.21. Rest of Europe Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Compression Socks Market Outlook, 2018 - 2031

6.1. Asia Pacific Compression Socks Market Outlook, by Product, Value (US$ Mn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Standard Compression Socks
  - 6.1.1.2. Graduated Compression Socks
6.2. Asia Pacific Compression Socks Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Varicose Veins
  - 6.2.1.2. Wound Care
  - 6.2.1.3. Burns
  - 6.2.1.4. Oncology
  - 6.2.1.5. Others
6.3. Asia Pacific Compression Socks Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Hospitals
  - 6.3.1.2. Ambulatory Surgical Centers
  - 6.3.1.3. Clinics
  - 6.3.1.4. Online Sales
  - 6.3.1.5. Other Healthcare Facilities
6.4. Asia Pacific Compression Socks Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 6.4.1.2. China Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.3. China Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 6.4.1.4. Japan Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 6.4.1.5. Japan Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.6. Japan Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 6.4.1.7. South Korea Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 6.4.1.8. South Korea Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.9. South Korea Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 6.4.1.10. India Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 6.4.1.11. India Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.12. India Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 6.4.1.13. Southeast Asia Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 6.4.1.14. Southeast Asia Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.15. Southeast Asia Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Compression Socks Market Outlook, 2018 - 2031

7.1. Latin America Compression Socks Market Outlook, by Product, Value (US$ Mn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Standard Compression Socks
  - 7.1.1.2. Graduated Compression Socks
7.2. Latin America Compression Socks Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Varicose Veins
  - 7.2.1.2. Wound Care
  - 7.2.1.3. Burns
  - 7.2.1.4. Oncology
  - 7.2.1.5. Others
7.3. Latin America Compression Socks Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Hospitals
  - 7.3.1.2. Ambulatory Surgical Centers
  - 7.3.1.3. Clinics
  - 7.3.1.4. Online Sales
  - 7.3.1.5. Other Healthcare Facilities
7.4. Latin America Compression Socks Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 7.4.1.2. Brazil Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.3. Brazil Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 7.4.1.4. Mexico Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 7.4.1.5. Mexico Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.6. Mexico Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 7.4.1.7. Argentina Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 7.4.1.8. Argentina Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.9. Argentina Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 7.4.1.10. Rest of Latin America Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 7.4.1.11. Rest of Latin America Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.4.1.12. Rest of Latin America Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Compression Socks Market Outlook, 2018 - 2031

8.1. Middle East & Africa Compression Socks Market Outlook, by Product, Value (US$ Mn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Standard Compression Socks
  - 8.1.1.2. Graduated Compression Socks
8.2. Middle East & Africa Compression Socks Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Varicose Veins
  - 8.2.1.2. Wound Care
  - 8.2.1.3. Burns
  - 8.2.1.4. Oncology
  - 8.2.1.5. Others
8.3. Middle East & Africa Compression Socks Market Outlook, by End User, Value (US$ Mn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Hospitals
  - 8.3.1.2. Ambulatory Surgical Centers
  - 8.3.1.3. Clinics
  - 8.3.1.4. Online Sales
  - 8.3.1.5. Other Healthcare Facilities
8.4. Middle East & Africa Compression Socks Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 8.4.1.2. GCC Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.3. GCC Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 8.4.1.4. South Africa Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 8.4.1.5. South Africa Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.6. South Africa Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 8.4.1.7. Egypt Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 8.4.1.8. Egypt Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.9. Egypt Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 8.4.1.10. Nigeria Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 8.4.1.11. Nigeria Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.12. Nigeria Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
  - 8.4.1.13. Rest of Middle East & Africa Compression Socks Market by Product, Value (US$ Mn), 2018 - 2031
  - 8.4.1.14. Rest of Middle East & Africa Compression Socks Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.4.1.15. Rest of Middle East & Africa Compression Socks Market by End User, Value (US$ Mn), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Product vs Application Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. Medtronic Plc
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. Essity
  - 9.4.2.1. Company Overview
  - 9.4.2.2. Product Portfolio
  - 9.4.2.3. Financial Overview
  - 9.4.2.4. Business Strategies and Development
- 9.4.3. 3M Corporation
  - 9.4.3.1. Company Overview
  - 9.4.3.2. Product Portfolio
  - 9.4.3.3. Financial Overview
  - 9.4.3.4. Business Strategies and Development
- 9.4.4. SIGVARIS Group
  - 9.4.4.1. Company Overview
  - 9.4.4.2. Product Portfolio
  - 9.4.4.3. Financial Overview
  - 9.4.4.4. Business Strategies and Development
- 9.4.5. Santemol Group Medikal
  - 9.4.5.1. Company Overview
  - 9.4.5.2. Product Portfolio
  - 9.4.5.3. Financial Overview
  - 9.4.5.4. Business Strategies and Development
- 9.4.6. Calzificio ZETA S.R.L.
  - 9.4.6.1. Company Overview
  - 9.4.6.2. Product Portfolio
  - 9.4.6.3. Financial Overview
  - 9.4.6.4. Business Strategies and Development
- 9.4.7. Sanyleg Srl
  - 9.4.7.1. Company Overview
  - 9.4.7.2. Product Portfolio
  - 9.4.7.3. Financial Overview
  - 9.4.7.4. Business Strategies and Development
- 9.4.8. Therafirm
  - 9.4.8.1. Company Overview
  - 9.4.8.2. Product Portfolio
  - 9.4.8.3. Financial Overview
  - 9.4.8.4. Business Strategies and Development
- 9.4.9. medi GmbH & Co KG
  - 9.4.9.1. Company Overview
  - 9.4.9.2. Product Portfolio
  - 9.4.9.3. Financial Overview
  - 9.4.9.4. Business Strategies and Development
- 9.4.10. Santemol Group Medikal
  - 9.4.10.1. Company Overview
  - 9.4.10.2. Product Portfolio
  - 9.4.10.3. Financial Overview
  - 9.4.10.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations