The US compression garments market is anticipated to grow at a significant CAGR of 5.0% during the forecast period. The US is the major revenue contributor to the global market. The market is growing due to the rising prevalence of surgeries, cosmetic and body contouring procedures, sports, acute and chronic wounds mostly due to diabetes, surgical wounds burns and trauma, and high adoption of advanced post-op care products compared with other countries for several years. The rising number of reported chronic wounds in the US is rising steadily. Diabetes, increased age, obesity are the key factors that contribute to the rising number of chronic wound cases in the US, thus driving the demand for compression garments in the country.

Further, compression garments find adoption in wound care, post-op, and therapeutic applications, driven by the speedy recovery of wounds and several ailments such as varicose veins, diabetic ulcers, edema, and lymphoedema, among others. Wounds, including acute and chronic wounds, are a major healthcare burden globally with a high prevalence of an ever-increasing patient population with various acute and chronic diseases. The prevalence of various acute and chronic diseases is rising at a significant rate. Approximately one in three adults suffer from more than one chronic condition or multiple chronic conditions (MCC) globally. Chronic diseases mainly include cardiovascular disease (CVD), cancer, chronic lung diseases, and diabetes. The prevalence of MCCs in the US is approximately 26%. The increasing prevalence of these diseases will result in an increased demand for compression garments in the country.

On the other hand, the outbreak of the COVID-19 pandemic has resulted in a significant decline in the sales of compression garments in the country, as most of the end-user industries suffered severely. The US is the worst-hit COVID-19 country, with more than 11 million cases, as of November first week (2020). Thus, the compression garments industry has had to incur major losses in the country. However, as of Q4 2020, the US has opened markets and removed domestic and international travel. The demand is expected to slowly revise to the pre-COVID trajectory.

The US compression garments market is segmented based on product type, application, and distribution channel. Based on product type, the compression garments market is segmented into shapewear, compression tapes, facial garments, full-body garments, lower and upper extremities garments. Based on application, the compression garments market is segmented into healthcare, sports, and slimwear. Based on the distribution channel, the market is classified into the pharmacy and offline retail, and online.

Research Methodology

The market study of the US compression garments market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. US Compression Garments Market Research and Analysis by Product Type
2. US Compression Garments Market Research and Analysis by Application
3. US Compression Garments Market Research and Analysis by Distribution Channel

The Report Covers

• Comprehensive research methodology of the US compression garments market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US compression garments market.
• Insights about market determinants that are stimulating the US compression garments market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.