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Medical Socks Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Sigvaris, Medi, BSN Medical, Medtronic(Covidien)

06 Jan, 2020 | 124 Pages
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Registering a CAGR of 6% over the forecast period, the market value of the Medical Socks Market is expected to reach US$ 2600 million in the year 2027.



Medical Socks Market Overview



Medical socks are medical equipment made of material with very high elasticity. They are designed in such a way that they gently squeeze the legs which promote good blood flow in the veins. Medical socks are used to control or prevent edema which means swelling of the legs. These items of clothing include pantyhose and stocking sleeves depending upon the location and type of swelling. It helps in improving the circulation of different parts of the body by avoiding the saturation of fluid in the legs or arms.



Medical socks market growth is attributed to rising demand among geriatrics, people living with osteoporosis, athletes, and people living with other medical conditions that require increased blood flow. During the forecast period, the market is expected to grow due to advances in medical device technology.



One of the major factors influencing the market globally is the significant increase in the number of working professionals, combined with the increasing adoption of the formal business environment. Furthermore, the growing number of people choosing sports as a career path is fueling the demand for compression socks. Medical socks are typically worn during sports activities to improve athletes' endurance and performance by increasing oxygen delivery and blood flow and reducing jarring, vibration, and stress to the muscles. Aside from that, the rising prevalence of diabetes, combined with increased awareness about the impact of diabetes on patients' feet, is fueling market growth. Furthermore, diabetic socks are gaining popularity over regular socks around the world because they improve blood circulation, keep the feet warm and dry, and reduce the risk of foot injuries. Furthermore, the major market players provide customised socks through online channels. They are also releasing cutting-edge products that track infants' temperature, movement, and location, which is expected to drive the market.



Who are the Major Players in the Medical Socks Market?



The global Medical Socks Market includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Sigvaris, Medi, BSN Medical, Medtronic (Covidien), Juzo, 3M, Company seven, Bauerfeind AG, Thuasne Corporate, Salzmann-Group, Paul Hartmann, Cizeta Medicali, Belsana Medical, Gloria Med, Zhende Medical Group, Maizi, TOKO, Okamoto Corporation, Zhejiang Sameri, MD and others.



Industry News and Updates:



Sigvaris has launched the new Micro knobbed grip top for sensitive skin



25 January 2022- Compression stocking wearers with sensitive skin can now benefit from a dual benefit thanks to the new micro knobbed grip top on the Essential THERMOREGULATING thigh stocking. Essential THERMOREGULATING is the preferred companion for people with sensitive skin due to the cotton content and the resulting thermoregulating effect. Furthermore, because of its barely noticeable, fine micro knobs, the micro knobbed grip top is gentle on sensitive skin.




What are the major Applications, Types, and Regions for the Medical Socks Market?



The market is segmented based on the type, applications, companies, and regions.



By Type, it is segmented into




  • Gradient Socks

  • Anti-Embolism Socks



By Application, it is segmented into




  • Ambulatory Patients

  • Post-operative Patients

  • Pregnant Women

  • Others 



Medical Socks Market Regional Analysis



The North American region dominates the global Medical Socks industry. The region's demand is increasing due to rising health consciousness among consumers, as well as the growing popularity of compression wear in the sports industry. North America is followed by Europe, where demand for compression socks is increasing as people become more aware of its significance and the government invests more in the development of innovative healthcare products.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Medical Socks Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Medical Socks Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Medical Socks Market report scope?



Scope of the Report covers the Medical Socks Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Medical Socks Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.



























































Report Attributes



Report Details



Report Title



Medical Socks Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Sigvaris, Medi, BSN Medical, Medtronic (Covidien)



Forecast Period 2022 to 2027 CAGR



CAGR of 6% over the forecast period (2022-2027)



By Type




  • Gradient Socks

  • Anti-Embolism Socks



By Application




  • Ambulatory Patients

  • Post-operative Patients

  • Pregnant Women

  • Others



By Companies



Sigvaris, Medi, BSN Medical, Medtronic (Covidien), Juzo, 3M, Company seven, Bauerfeind AG, Thuasne Corporate, Salzmann-Group, Paul Hartmann, Cizeta Medicali, Belsana Medical, Gloria Med, Zhende Medical Group, Maizi, TOKO, Okamoto Corporation, Zhejiang Sameri, MD



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



124



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Medical Socks Market Report




  • Evaluate Medical Socks Market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.

  • Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.

  • Get a quick outlook on the Medical Socks Market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.

  • Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.



Frequently Asked Questions



What is the study period of this market?





The Medical Socks Market is studied from 2017 - 2027.



What is the growth rate of the Medical Socks Market?





The Medical Socks Market is growing at a CAGR of 6% over the next 5 years.



Who are the key players in Medical Socks Market?



Sigvaris, Medi, BSN Medical, Medtronic (Covidien), Juzo, 3M, Company seven, Bauerfeind AG, Thuasne Corporate, Salzmann-Group, Paul Hartmann, Cizeta Medicali, Belsana Medical, Gloria Med, Zhende Medical Group, Maizi, TOKO, Okamoto Corporation, Zhejiang Sameri, MD

 



What regions does this Medical Socks Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Medical Socks Market?



Gradient Socks, Anti-Embolism Socks

 



What are the major end-use applications of Medical Socks Market?



Ambulatory Patients, Post-operative Patients, Pregnant Women, Others

 



All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMELINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL MEDICAL SOCKS MARKET BY APPLICATION

    3. GLOBAL MEDICAL SOCKS MARKET BY TYPES



  4. MARKET DYNAMICS

    1. DRIVERS

    2. INCREASING DEMAND FOR MEDICAL SOCKS MARKET RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGULATIONS

      2. HIGH COST OF RAW MATERIAL



    3. OPPORTUNITIES

      1. MEDICAL SOCKS MARKET GROWTH

      2. APPLICATION OF MEDICAL SOCKS MARKET



    4. IMPACT OF COVID 19



  5. GLOBAL MEDICAL SOCKS MARKET, BY TYPES

    1. INTRODUCTION

    2. GRADIENT SOCKS

    3. ANTI-EMBOLISM SOCKS



  6. GLOBAL MEDICAL SOCKS MARKET, BY APPLICATION

    1. INTRODUCTION

    2. AMBULATORY PATIENTS

    3. POST-OPERATIVE PATIENTS

    4. PREGNANT WOMEN

    5. OTHERS



  7. GLOBAL MEDICAL SOCKS MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASIAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1.  SIGVARIS

      2.  MEDI

      3.  BSN MEDICAL

      4.  MEDTRONIC(COVIDIEN)

      5.  JUZO

      6.  3M

      7.  COMPANY SEVEN

      8.  BAUERFEIND AG

      9.  THUASNE CORPORATE

      10.  SALZMANN-GROUP

      11.  PAUL HARTMANN

      12.  CIZETA MEDICALI

      13.  BELSANA MEDICAL

      14.  GLORIA MED

      15.  ZHENDE MEDICAL GROUP

      16.  MAIZI

      17.  TOKO

      18.  OKAMOTO CORPORATION

      19.  ZHEJIANG SAMERI

      20.  MD





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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