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Compression Stockings Market to Rise at CAGR of 6.1% during Forecast Period 2023 to 2032 whatech.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from whatech.com Daily Mail and Mail on Sunday newspapers.
As per FMI’s analysis, the worldwide market for compression garments and stockings is poised for significant expansion, with a projected Compound Annual Growth Rate (CAGR) of 4.9%. This growth is expected to elevate the market’s value from US$ 2.8 Billion in 2022 to an estimated US$ 3.9 Billion by 2029.The increasin.
The increasing geriatric population around the world coupled with rising diabetes cases are the prime factors that are estimated to influence the growth of the compression stockings market during the forecast period of 2021-2031.