Post-Surgery Compression Garment Global Market Report 2023: Advancements in Healthcare Infrastructure and Demand from Athletes Drives Sector - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Post-Surgery Compression Garment Market by Product, by Application, by End User, and by Region - Global Forecast to 2022-2033" report has been added to ResearchAndMarkets.com's offering.

The post-surgery compression garment market size is estimated to be USD 2,875.5 million in 2022 and is expected to witness a CAGR of 5.61% during the forecast period 2023-2033. Increasing prevalence of post-surgery compression garment products among athletes and development in the healthcare infrastructure are some of the factors contributing to the market growth.

Furthermore, rising awareness through social and government figures, advancement in healthcare industry and growing collaborative business strategies are other factors supporting the market growth. However, high cost, side effects, and lack of highly qualified surgeons is expected to hinder the growth.

Increasing demand for post-surgery compression garment products is expected to fuel the market growth during the projected period. Compression stockings are tight fitting and elastic in nature than normal day dresses or athletic stockings which helps in decreasing venous pressure, injuries of venous walls, and heavy pain in the legs.

These garments can reduce peripheral swelling and are designed to restore and promote normal fluid circulation within the body. For instance, according the Centre for Disease Control and Prevention (CDC), 900,000 persons in the United States was impacted by deep vein thrombosis by 2020 as a result of their sedentary lifestyle.

The rising awareness through social and government figures is predicted to propel the market growth during the forecast period owing to an increase in awareness among the people is leading to the development of compression absorbing garments. For instance, In January 2021, The AIC-NIFT TEA Incubation centre for textile apparels announced that they are going to support entrepreneurs making compression garments in socks using sustainable materials.

Segmentation

By Product

The market is categorized into facial garments, lower and upper extremities garments, full body garments, compression tapes, and others. In 2022, the lower and upper extremities garments segment accounted for the highest revenue share during the forecast period owing to increase in surgeries of arms, legs and breast. For instance, the consortium investigated new technologies and tested new medical devices based on tubular compression meshes that can be worn over the legs and arms. A sleeve for breast cancer treatment was developed. The garments material is light and breathable.

These advancements in materials and the development of new products are likely to boost the growth of the segment. On the other hand, full body garments are anticipated to exhibit the quickest CAGR during the projection period due to the increase in number of cosmetic, plastic, and other crucial surgeries. The use of compression garments after surgery provides pain relief throughout the recover process and also help to minimise swelling, reduce pain, and improve blood circulation. Hence these factors are predicted to fuel the segment's growth.

By Application

The market is segmented into sports, maternity, burn-care, varicose vein, cosmetic & plastic surgery, wound care, and oncology. In 2022, the cosmetic & plastic surgery segment attributed for the highest revenue share due to rise in facial and body surgeries. The women are more prone to surgeries regarding face and body to look aesthetic. Hence the use of post-surgery compression garments which are incredibly effective in aiding recovery from plastic surgery is increasing after surgery and anticipated to boost the segments growth. Additionally, the varicose vein segment is anticipated for the fastest CAGR during the forecast period owing to the increasing pressure in the veins of the lower body. For instance, Worldwide the prevalence varies between 10-30% of the population and it affects around 22 million women and 11 million men.

By End User

The market is segmented into men and women. In 2022, the women segment accounted for the largest revenue share owing to increase in plastic surgeries done by women and the rising number of women's participation in different sports championships and demand for compression leggings, bras, and socks is expected to fuel the growth of the market. Additionally, the men segment is anticipated to have the fastest CAGR over the forecast period due to the rising number of male athletes and sporting events at the international and domestic levels. The compression sportswear successfully reduces limb swelling and supports several muscles and ligaments which are prone to injuries with extensive sports.

Regional Markets

In 2022, North America region accounted for the highest revenue in post-surgery compression garment market during the forecast period. This is attributed by the increasing participation of women in sporting events and championships. In U.S one-third of all female students in high school play sports and the number of women participating in university sport. Therefore, the rising participation in sports required the demand of compression garments which is expected to propel the market growth in this region. Europe is the second largest region for the highest revenue share during the forecast period. The rise in varicose veins treatments and orthopaedic surgeries which require advancement in compression garments. Hence, the garment designers are expected to fuel the region's growth. For instance, a textile company-Barcelcom Texteis in North Portugal has developed new materials and fabric technologies with application for several medical conditions, form blood circulation in the legs to breast cancer.

The company invested funding for research and development, in collaboration with the University of Minho and a local research organization, TecMinho. Asia-Pacific is expected to witness fastest CAGR growth rates during the forecast period owing to the availability of cheap labour and raw material. The Chinese and Indian products are economical and made of quality textiles.

The Indian products in the international arena giving stiff competition to the international makers of post-surgery compression garments. In this region, startups, new entrants and domestic firms have been breaking into the compression garment industry by developing new products for men and women. The compression garment manufacturers are trying innovative technologies to create new designs and patterns in clothing line. The latest technological advancement in the compression clothing sector includes 3D printing and smart textiles.

Segmentation: Post-Surgery Compression Garment Market Report 2022 - 2033

By Product (Revenue, USD Million), 2022 - 2033

• Facial Garments
• Lower and Upper Extremities Garments
• Full Body Garments
• Compression Tapes

By Application (Revenue, USD Million), 2022 - 2033

• Sports
• Maternity
• Burn-Care
• Varicose Vein
• Cosmetic & Plastic Surgery
• Wound Care
• Oncology

By End User (Revenue, USD Million), 2022 - 2033

• Men
• Women

By Region (Revenue, USD Million), 2022 - 2033

North America

• U.S
• Canada

Europe

• Germany
• France
• UK
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of APAC

Latin America

• Brazil
• Mexico
• Argentina
• Rest of LATAM

Middle East & Africa

• South Africa
• GCC
• Rest of MEA

A selection of companies mentioned in this report includes

• BodyAid
• Fajas
• Device technologies
• BRABIC
• Leonisa
• Marena
• LIPOELASTIC
• Surgiplas Medical
• Macom
• ContourMD
• RECOVA
• Proxima Healthcare Solutions
• Medical Z
• Isavela
• Design Veronique.

For more information about this report visit https://www.researchandmarkets.com/r/arg6ia-surgery?w=4

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