The global Elastic Stockings market was valued at 130.94 Million USD in 2020 and will grow with a CAGR of 6.39% from 2020 to 2027, based on Our Researcher newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Elastic stockings are the medical equipment which is made of a material that has a very high elasticity. Elastic stockings can deliver a distributed amount of compression at the ankle and up the leg and help relieve symptoms and slow the progress of varicose veins. They are designed to gently squeeze the legs, which promotes good blood flow in the veins. Patients with venous disease may benefit from wearing elastic stockings even if they have not recently undergone scleratherapy treatment for varicose veins.Covered Yarn, spandex and nylon are the main raw materials for the production of elastic stockings. Most of companies purchase materials from the market. With the development of elastic stockings, the raw materials manufacturers are also benefited from the elastic stockings industry in some extent. Elastic stockings can be classified into two types: gradient socks and anti-embolism socks. Gradient socks are more often prescribed to the ambulatory patient, or those who are walking, accounting for about 74.66% of the total sale amount in 2016.
By Market Verdors:
Pretty Legs Hosiery
Zhende Medical Group
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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