Compression Socks Market Projected To Gain Significant Value By 2022 – 2031 |
Posted: January 17, 2022 |
Compression socks having garnered significant demand for therapeutic purposes as the standard preventive measure for Deep Vein Thrombosis (DVT) propelling the market to reach a valuation pegged at US$900 Mn by 2029. Brick and mortar stores are competing intensely with digital shopping avenues and are experiencing greater penetration of compression socks. Hospital pharmacies and retail stores most accessible to consumers to purchase compression socks soon after a doctor’s visit. As a result, there will be an upswing in the demand for compression socks from retail stores and pharmacies which will see a steady growth in the foreseeable future. On this backdrop, the growth of the market will witness a moderate CAGR of 6% during the forecast period. For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=3519 Key Takeaways of the Compression Socks Market
Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=3519 “Companies offering standard compression socks have been shifting towards graduated compression socks to address consumer need for variable pressure. Companies investing in standard compression socks are expected to gain steady returns till mid-term forecast, while investments in graduated compression socks are expected to experience a northward trend”, says the Fact.MR analyst Key Segments Covered
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