Top Companies in Compression Garments & Stockings Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research
Compression Garments & Stockings Market is projected to reach a value of USD 4.5 Billion by 2030 at a CAGR of 5.5% over the forecast period.
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Vantage Market Research has recently published a new report on the "Compression Garments & Stockings Market” Global Industry Assessment & Forecast to identify key trends and challenges. The report offers insights into the competitive landscape, prospects, and key investment considerations for businesses operating in the Compression Garments & Stockings market. Some of the key statistics in the report highlight that the Global Compression Garments & Stockings Market was valued at USD 3.1 Billion in 2022 and is projected to reach a value of USD 4.5 Billion by 2030 at a CAGR of 5.5% over the forecast period. The global Compression Garments & Stockings market will continue to expand due to rising demand from different end-user sectors, including medical clothing, healthcare, personal care, research and development, sportswear, and textile industries.
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The Global Compression Garment and Stockings market is dominated by well-known players like Nouvellen Inc., Medical Z, 3M, BSN Medical, Therafirm, Comfort Plus Corporation, Medtronic, Santemol Group Medikal, SIGVARIS Group, Bio Compression Systems Inc., PAUL HARTMANN AG, among others. These market participants are also pursuing strategies like investments, partnerships, acquisitions, and mergers to increase their market dominance. Furthermore, businesses are investing in the creation of better services. They are also concentrating on keeping their prices reasonable.
Let’s Take a Look at the Top Market Players that are Captivating the Compression Garment and Stockings Market
- Nouvelle Inc. (United States)
Nouvelle, Inc. is an American company specializing in the design and manufacture of concealed carry garments, shapewear, abdominal binders, compression garments, and body suits for patients recovering from various kinds of surgeries. The company also distributes girdles, bras, facial masks, and anti-aging serums. Nouvelle serves worldwide clients.
- Medical Z (United States)
Medical Z is a provider of quality healthcare products. Some of Medical Z’s offerings include scar management gels, compression garments, face support masks and bandages, maternity belts, burn garments, post-surgery care products, medical devices, and shapewear for men and women. The company distributes its products globally.
- 3M (United States)
3M is an American multinational company that provides products and services that find application in a broad range of industries including life sciences, chemicals, automobiles, hardware, construction, and healthcare. Through the company’s medical segment, 3M distributes dental and aesthetic restoration products. Additionally, 3M provides surgical supplies, personal protective equipment, and support braces for various body parts such as ankles, knees, elbows, wrists, etc.
- BSN Medical (Germany)
BSN Medical is a leading German company that manufactures and distributes products in the healthcare domain. The company has a global presence and specializes in orthopedics, wound care, and compression therapy through its subsidiaries.
- Therafirm (United States)
Therafirm is an American company that produces and sells fashionable compression garments that meet consumer health care needs. The company offers support hosiery and socks with compression gradient technology that helps control the amount of pressure applied to body parts. Therafirm customers are concentrated in the United States.
- Comfort Plus Corporation (Taiwan)
Comfort Plus is a Taiwanese corporation that dominates the Asia-Pacific compression garment and stockings market. The company is involved in the design, development, manufacture, and distribution of a range of orthopedic support products such as insoles, footwear, silicone heel cups, knee supports, toe protectors, compression hosiery, and stockings.
- Medtronic (Ireland)
Medtronic is a top player in the compression garment market offering innovative medical devices and products with advanced, cutting-edge technologies. The company’s goods include battery-operated surgical instruments, radiofrequency ablation products, neuromodulation systems, diabetes therapy products, and much more. The company offers its products globally.
- Santemol Group Medikal (Turkey)
Santemol Group Medikal is a leading Original Equipment Manufacturer (OEM) and supplier of medical textiles. Additionally, the company also sells custom-made hospital and office furniture, disposable medical accessories, Personal Protective Equipment, and rehabilitation support aids. The company serves its customers globally.
- SIGVARIS Group (United States)
SIGVARIS Group is a top player in the compression textile industry. SIGVARIS provides lymphedema and varicose vein-related solutions and services through compression therapy products such as knee and arm braces, socks, pantyhose, stockings, among other things.
- Bio Compression Systems Inc. (United States)
Bio Compressions Systems, Inc. is a well-established company in the Compression Garments & Stockings market with over 30 years of presence in the industry. Some of the company’s products include pneumatic compression therapy equipment, ophthalmic products, surgical instruments, and medical apparatus. Additionally, Bio Compression Systems, Inc. also sells custom-made garments.
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