Novelty Factor Define Parameters Of Exponentiation For Compression Socks Market

1. Compression Socks Market Report Id : PMRREP13648 Category : Life Science & Healthcare ©2020 Persistence Market Research, All Rights Reserved

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3. Novelty Factor To Define The Parameters Of Exponentiation For The Compression Socks Market Rise in prevalence of venous disorders such as deep vein thrombosis and chronic venous insufficiency, coupled with diabetic foot ulcers, and has led to a surge in the demand for compression socks. Rising awareness about the efficacy of compression socks and introduction of new functionalities according to consumer demand are aid market growth. Increasing demand for compression socks in active sports and travel is also expected to create a positive opportunity of growth in different markets over the forecast period. Increase in investments in emerging economies for manufacturing compression garments and new product launches, along with acquisitions and collaborations by key players, is expected to aid in market expansion as well. The global compression socks market was valued at US$ 600 Mnin 2020, and is expected to exhibit a CAGR of around 5% over the forecast period (2021 – 2031). Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/13648

4. New Product Launches - Strategy by Key Players Key manufacturers of compression socks use the strategy of introducing new and innovative products according to patients’ needs. This factor induces an intense competition among market players. For instance, to increase the value of comfort, Medi GmbH & Co KG launched a class of compression socks with extra padding named 'Duomed Relax' in April 2019. Persistence Market Research offers a unique perspective and actionable insights on the compression socks market in its latest study, presenting historical demand assessment of 2016 - 2020 and projections for 2021 - 2031. The research study is based on product (standard compression socks and graduating compression socks), application (varicose veins, wound care, burns, oncology, and others), and distribution channel (hospitals, ambulatory surgical centers, clinics, online sales, and other healthcare facilities), across seven key regions of the world. Access Full Report @ https://www.persistencemarketresearch.com/checkout/13648