Compression Socks Market

Global Market Study on Compression Socks: Demand for Graduation Compression Socks to Remain High across Geographies

Compression Socks Market Segmented By Standard Compression Socks, Graduated Compression Socks, Compression Socks for Varicose Veins, Compression Socks for Wound Care, Compression Socks for Burns, Compression Socks for Oncology

  • May-2021
  • PMRREP13648
  • 240 Pages
  • Healthcare

Key Questions Answered in Report

  • What is the expected growth rate for the compression socks market through 2031?

    By value, Persistence Market Research has projected around 5% CAGR for compression sock sales during 2021-2031. Current market volume is estimated to be around 630 Mn, and is set to top US$ 1 Bn by 2031.

  • Which are the most lucrative markets for compression socks?

    China reflects around 50% market share in the East Asia market, depicting its dominance over the region. China is expected to be the most lucrative country in East Asia due to the emergence of top competitors such as Medical Z, manufacturing post-surgical compression garments.

  • Who are the prominent manufacturers of compression socks?

    Top suppliers of compression socks include tier-1 companies such as Medtronic Plc, Essity, 3M Corporation, SIGVARIS Group, Santemol Group Medikal, Calzificio ZETA S.R.L., and Sanyleg Srl, who account for 25%-30% of the market share.

    Key players are focusing on calculated product acquisitions as well as new product development. Swift movement toward emerging geographies by establishing manufacturing units for compression garments acts as a growth initiative in this industry.

Find Out More about the Report Coverage


  • Sigvaris Group
  • Juzo Inc.
  • Medtronic Plc.
  • 3M Healthcare (3M Co.)
  • Calzificio ZETA S.R.L.
  • Essity
  • SanylegSrl
  • Therafirm
  • medi GmbH & Co KG

Report Also Addresses:

  • Market Estimates and Forecasts (2016-2031)
  • Key Drivers and Restraints Shaping Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand Share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Compression Socks and How to Navigate
  • Recommendation on Key Winning Strategies

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Sales of Compression Socks from 2016 to 2020 Vs Market Outlook for 2021 to 2031

The global compression socks market is expected to expand at a considerable growth over the next ten years at a CAGR of around 5%, and observe an increase in the value from US$ 630 Mn in 2021 to over US$ 1 Bn by the end of 2031. Demand for graduated compression socks will remain the highest though the course of the forecast period.

The most commonly used compression socks include graduated or medical compression socks and standard compression socks. Graduated compression socks are mainly used for the treatment of chronic venous disease and edema. On an average, around 2-5% of the population in the U.S. suffers from chronic venous insufficiency, and the use of graduated compression socks has proven to be effective in its treatment through pressure gradient decreasing from the ankle and upwards to the leg.

Standard compression socks provide uniform compression throughout the length of the garment, and are used to provide relief for heavy and aching legs. Graduated compression socks is the most profitable segment, generating over US$ 360 Mn revenue in 2020.

As per a recent review by the Centers for Disease Control and Prevention (CDC) in 2020, around 900,000 people in the U.S. could be affected by deep vein thrombosis, owing to sedentary lifestyle. Around 10%-30% of the population with deep vein thrombosis are expected to die within one month of diagnosis.

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What are the Key Opportunities for Manufacturers of Compression Socks?

An opportunity to be witnessed by manufacturers of compression socks is the obese population demographic, which is at high risk of developing vascular diseases. As such, the varicose veins segment dominates the current market share with a value of 47.6% as the most common vascular disorder.

This factor also results in an increase in the risk of venous thrombosis. According to the Australian Institute of Health and Welfare in 2017–18, an estimated 67% Australians over the age of 18 were overweight or obese as compared to 28% of obese Australians in 2014-2015. Thus, growing prevalence of obesity is expected to boost demand for compression socks due to high prevalence of venous thrombosis and related ailments.

Cancer patients are given pneumatic compression equipment for the treatment of venous thromboembolism. The oncology segment covers a market share of 18% in the year 2021. Use of compression socks for cancer patients is not a defined market in the current scenario, but proves to be opportunistic in terms of growth due to cost effectiveness and convenience of use.

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What are the Factors Restraining Demand for Compression Socks?

Restraining factors associated with compression socks are lack of standardization of manufacturing process, less focus on organized promotional campaigns to areas apart from medical use, and the effect of material on product characteristics.

What is the Impact of Market Consolidation on This Space?

Key players follow the strategy of acquisition of small and medium players to secure their position in the market. For instance, 3M Company, in order to broaden its product portfolio and market presence, undertook a definitive agreement in May 2019 to acquire Acelity Inc. and its KCI subsidiaries worldwide.

One of the major drivers for market growth is rising awareness through combined efforts of social groups and governments, and compression garments are being adopted in developing regions such as South Asia, although the reimbursement scenario is not particularly favorable in emerging countries of East Asia, South Asia, and Africa as compared to developed economies of North America and Europe.


Country-wise Insights

What Makes the U.S. the Largest Market for Compression Socks?

The U.S. dominates the region of North America with a total market share of 97.2%, and is projected to continue experiencing high growth throughout the forecast period.

According to a publication by the American Society of Hematology, around 1 to 2 individuals per 1,000, each year, in the U.S., suffer from venous thromboembolism, as of 2020. This provides lucrative opportunity for compressed garment manufacturers in the country. This factor, combined with increasing online sales of compression socks, is expected to create high incremental opportunity in the U.S.

What is the Market Scenario of Compression Socks in Germany?

Germany leads the European compression garments market with a share of 26.7%, and will continue to grow rapidly over the forecast period. Factors contributing to this are rising ageing population that would subsequently have a high chance to be affected by muscular problems.

According to a study published in March, 2021 in Springer, yearly, around 2 Mn injuries related to sports occur in Germany. Increasing sports activities and injuries associated with them are likely to augment demand for compression socks. With growth of online and e-Commerce shopping, consumer awareness and online product advertising are likely to augment market growth in Germany.

How Lucrative is the U.K. Market for Compression Socks?

The U.K. holds the second-most dominant positing in the region of Europe, after Germany, with a market value of US$ 28.8 Mn. The market in the U.K. is set to witness an increase in demand due to rising awareness in physical fitness, leading to increased use of compression garments by athletes.

Surge in demand is also attributed to advancements in technologies related to orthopedic surgeries and increase in awareness of the presence and benefits of compression garments.

Online advertisement of compression socks and their effectiveness in healing venous disorders has enabled consumers to make informed decisions for their needs, and adopt compression garments over traditional hosiery and bandages.

Why is China an Emerging Market for Compression Socks?

China dominates the East Asia market with a 43.6% share, and is expected to rise at a CAGR of 6% through 2031. China is expected to be the most lucrative country in East Asia market due to the emergence of top competitors such as Medical Z, manufacturing post-surgical compression garments.

What is the Outline of the Compression Socks Market in India?

India dominates the South Asia market with a current market share of 63.2%, and is projected to expand at a CAGR of 3.5%. Engagement of key players such as 3M Company with a manufacturing unit in India has bolstered market expansion, besides rising e-Commerce sales.

Category-wise Insights

Why is Demand for Graduated Compression Socks Higher than Standard Compression Socks?

Based on demand, the graduated compression socks segment holds a dominating share of over 60%. This is justified by the property of graduated socks as the most effective in the treatment of chronic venous disease and edema, which, according to NCBI, have a prevalence of 25% - 40% in women and 10% - 20% in men.

As graduated compression socks are mostly confined to medical use due to their consistency and durability as well as assigned pressure graduation from the ankle to the leg in a decreasing order, their demand is higher than standard compression socks that do not possess a pressure gradient and are mostly used to provide relief for tired and achy legs.

Competitive Landscape

Key players are focusing on expansion in emerging regions and new revised product manufacturing. Strategy of expansion, new product launches, and improved distribution channels such as online sources of advertisement by key manufacturers is further strengthening their market presence.

  • For instance, SIGVARIS acquired a manufacturer of compression therapy products - BiaCare, in 2016, resulting in strengthening its share in the global and North American compression therapy market with a varied product portfolio.

Some of the leading companies operating in the market are:

  • 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

Similarly, recent developments related to companies manufacturing compression socks have been tracked by the team at Persistence Market Research, which are available in the full report.

Report Scope



Forecast Period


Historical Data Available for


Market Analysis

US$ Mn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • MEA
  • East Asia
  • South Asia
  • Oceania

Key Countries Covered

  • US
  • Canada
  • Brazil
  • Mexico
  • Argentina
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Benelux
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Indonesia
  • Malaysia
  • Australia
  • New Zealand
  • South Africa
  • GCC Countries

Key Segments Covered

  • Product
  • Application
  • Distribution Channel
  • Region

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


Available upon Request

Key Market Segments Covered


  • Standard Compression Socks
  • Graduated Compression Socks


  • Compression Socks for Varicose Veins
  • Compression Socks for Wound Care
  • Compression Socks for Burns
  • Compression Socks for Oncology
  • Others

Distribution Channel

  • Compression Socks Sold at Hospitals
  • Compression Socks Sold at Ambulatory Surgical Centers
  • Compression Socks Sold at Clinics
  • Online Sales of Compression Socks
  • Compression Socks Sold at Other Healthcare Facilities


  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA


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