Unlock 30% off global market reports with code ONLINE30 – get insights on tariff changes, macro trends, and global economic shifts.
What are the growth projections for the compression sleeves market from 2024 to 2029?
The compression sleeves market size has grown strongly in recent years. It will grow from $1.29 billion in 2024 to $1.39 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to injury prevention, medical rehabilitation, athletic performance enhancement, fashion and style.
The compression sleeves market size is expected to see strong growth in the next few years. It will grow to $1.8 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to growing awareness, rising fitness consciousness, aging population. Major trends in the forecast period include customization and personalization, integration of smart technologies, sustainability, expansion into new markets.
Download Your Free Sample PDF:
What strategic initiatives by market players are driving compression sleeves industry growth?
The increasing prevalence of deep vein thrombosis is driving the growth of the compression sleeves market going forward. Deep vein thrombosis (DVT) is a condition where a blood clot forms in one or more deep veins in the body, commonly in the legs. The prevalence of deep vein thrombosis is increasing due to lifestyle factors, medical conditions, genetic predispositions, and environmental factors. Compression sleeves are beneficial for managing deep vein thrombosis (DVT) by improving blood flow, reducing pain and swelling in the legs, and lowering the risk of developing blood clots. For instance, in August 2023, Nuffield Trust Limited, a UK-based government organization, recorded the highest incidence of DVT in 2021, with 352 cases per 100,000 hospital discharges, which increased to 377 per 100,000 hospital discharges in 2022. Further, in Australia, DVT alone (without concomitant PE) affects 52 people per 100,000 annually. Therefore, the increasing prevalence of deep vein thrombosis drives the compression sleeves market.
What emerging segments are shaping the future landscape of the compression sleeves industry?
The compression sleeves market covered in this report is segmented –
1) By Product: Arm Compression Sleeves, Bandages, Leg Compression Sleeves, Other Products
2) By Technique: Static, Dynamic
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Sales, Hyper markets
4) By Application: Varicose Veins, Wound Care, Burns, Oncology, Oher Applications
Subsegments:
1) By Arm Compression Sleeves: Full-Length Arm Sleeves, Elbow Sleeves, Compression Gloves, Forearm Sleeves, Compression Sleeves with Padding
2) By Bandages: Elastic Bandages, Compression Wraps, Kinesiology Tape, Self-Adhesive Bandages, Sports Bandages
3) By Leg Compression Sleeves: Full-Length Leg Sleeves, Calf Sleeves, Knee Sleeves, Compression Socks, Thigh Sleeves
4) By Other Products: Compression Shorts, Compression Shirts, Compression Wraps for Injuries, Compression Hosiery, Compression Vests
View The Full Market Report:
What technological trends are expected to redefine the compression sleeves market?
Major companies operating in the compression sleeves market are developing innovative products, such as Knee Sleeve, to serve customers with advanced features better. A knee sleeve is a supportive, form-fitting garment that is intended to give the knee joint warmth, support, and compression. Knee sleeves are frequently worn by athletes, fitness enthusiasts, and people recuperating from knee ailments. They provide pain relief, enhance blood circulation, and lessen oedema during regular chores or physical activity. For instance, in November 2022, OS1st, a US-based manufacturer of performance sock and compression bracing products, launched KS8 Performance Knee Sleeve, made for several uses, but its main target market is athletes and anyone looking to support their knees while exercising. This compression sleeve can be worn on a daily basis by those with persistent knee difficulties as well as throughout the healing process after an injury. With removable, semi-rigid stays, moisture-wicking fabric, and silver-ion antimicrobial treatment, the KS8 provides strong yet flexible support, making it ideal for joint pain, arthritis, and active lifestyles. The sleeve is crafted from micro-Nylon and LYCRA Spandex, ensuring comfort for continuous wear.
How are key players in the compression sleeves market strengthening their market position?
Major companies operating in the compression sleeves market are Nike Inc., Adidas AG, Medi USA, Zensah, 2XU Pty. Ltd., Mueller Sports Medicine, Vive Health, Sigvaris Group, CEP Compression, Rehband, Copper Fit, Mava Sports, Zamst, Vitalsox, Under Armour, Tommie Copper, Therafirm, SKINS Compression, Shock Doctor Inc., Run Forever Sports, Pro-Tec Athletics, OS1st, Orthosleeve, Mojo Compression, McDavid, EvoShield, CW-X
Which geographic areas are contributing significantly to the growth of the compression sleeves sector?
North America was the largest region in the compression sleeves market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the compression sleeves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
How Can Companies Use The Compression Sleeves Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
Purchase The Report And Get A Swift Delivery:
Need Customized Data On Compression Sleeves Market?
For companies needing more tailored intelligence, The Business Research Company offers customized consulting and data services. Whether you're entering new regions, launching innovative products, or assessing M&A opportunities, our experts can develop actionable insights specific to your business objectives.
Request Customized Data:
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Americas +1 310-496-7795
Asia +44 2071930708
Europe +44 7882 955267
Email us at info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Comments
Post a Comment