The Therapeutic Socks Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
New York, NY -- (SBWIRE) -- 03/29/2017 -- Therapeutic Socks Market Drivers
A large elderly population in the west and countries like China and Japan are expected to be the biggest driver for the therapeutic socks market. A high prevalence of diabetes leading to other complications like venous diseases should also boost sales of therapeutic socks. In addition to this, new compression therapy technology like equipment, garments, materials, stockings, bandages and devices with additional features will certainly benefit the therapeutic socks market. They will be developed with the primary aim of improving patient comfort and are forecast to grow the overall market over the next decade. Awareness campaigns conducted by non-profit organisations and healthcare companies informing people of the complications of venous diseases and the importance of compression therapy can be expected to boost the therapeutic socks market.
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Therapeutic Socks Market Key Market Players
Some of the therapeutic socks market players are Elastic Therapy, SIGVARIS, Juzo, and Dr Segal's.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.
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Therapeutic Socks Market Key Regions
The largest therapeutic socks market in the world is North America, with the U.S alone accounting for nearly half of it. This is mainly due to an overall ageing population with access to advanced healthcare facilities, and a high prevalence of diabetes and obesity. It will remain the largest market for the foreseeable future due to the same reasons mentioned above. North America is followed by Europe and Asia-Pacific in that order respectively, but the therapeutic socks market share in both these regions is expected to reduce slightly as the U.S. solidifies its leading position in the next decade.
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