UK Medical Compression Garments Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Compression with a medical garment accelerates the healing process, improves overall blood circulation, and reduces swelling by preventing dangerous fluid buildup. The UK Medical Compression Garments Market is estimated to witness a rise in its revenue from US$ 150.3 Mn in 2021 to US$ 238.7 Mn by 2030, registering a CAGR of 5.5% over the forecast period 2022-2030. 

In terms of volume, the market is recording a CAGR of 4.6% over the forecast period. Compression garments are used to provide support to people who stand for longer periods or people with poor circulation. In sports, some athletes wear these garments during exercise to prevent rashes and chafing. These garments also help to ease muscle stiffness and quicken recovery time in postexercise. In medicine, compression garments are used for several years to treat venous insufficiency, edema and prevent deep vein thrombosis post operation in patients.

The market is majorly driven by factors such as increasing incidence of sports injuries & accidents and rise in sports activities in U.K. Compression garments have become a popular item for athletes and recreational gym users. Athletes often wear compression garments to mitigate the effects of sports injuries or prevent themselves from re-injury in sports. Competition periods and intense training regimes can lead to exercise-induced muscle damage, which is the cause of the delayed onset of muscle soreness (DOMS). As a result, there has been a substantial growth in recovery-enhancing techniques such as compression therapy. Further, according to Public Health England, 43.3% of children and young people lead active lives, doing an average of 60 or more minutes of physical activity a day. Thus, the rise in sports activities in the UK is further accelerating the market growth. Besides the medical benefits of compression, using a medical garment can assist in a more comfortable recovery. The perfect level of compression has a soothing effect on the skin, while easing your discomfort throughout the healing process. It is highly recommended to wear compression garments, in order to accelerate the recovery process and time, and improve overall surgery results. However, the frequent incidences of skin problems and body fitting issues post-usage are hindering market growth. 

Key Insights of the Report: 

• The latest study published by Astute Analytica analyzes the UK Medical Compression Garments Market for the study period of 2017-2030; where historical years are 2017-2020, base year is 2021 and forecast period is 2022-2030.
• The research report offers detailed study of market determinants including market drivers, restraints, opportunities, and trends; along with attractive presentation in the form of impact analysis to gain a simpler and easy comparison view of all market determinants.
• The research study is a compilation of nine chapters distributed across 109 pages with 13 lists of tables and 26 lists of figures.
• The market is segmented based on product, class, application, and end users.
• The market estimates are presented in terms of value (US$ Mn) and volume (Thousand Units).
• Along with market estimations, the market study was conducted on the basis of various economic models such as PESTLE and Porter’s five force models.
• A detailed value chain analysis of the industry was conducted. It includes raw material providers, manufacturers, distributors, and end-users.
• The competitive dashboard section includes analysis on the basis of Concentration Ratio (CR), based on market size and market presence of key companies.

Key Takeaways from the UK Medical Compression Garments Market Report

• Based on product type, the upper compression garments hold the highest share in the UK Medical Compression Garments Market in 2021 and is estimated to continue its dominance over the forecast period. Upper body compression apparel is mostly worn by footballers and gym-goers. Wearing gym compression clothes such as tight, steady shirts can eliminate swelling and inflammation of the upper body. However, the lower compression garments segment is anticipated to grow at a highest CAGR during the forecast period as the popularity of lower extremity compression garments (CGs) amongst athletes continues to increase.
• In terms of class, class 1 (14-17 mmHg) showcases the highest market share in 2021. This is because 14-17 mmHg is a preferred choice for everyday compression stockings to help with mild swelling and fatigued legs due to long periods of travel, sitting, or standing.
• Based on application, the varicose vein segment has the highest share in the UK Medical Compression Garments Market in 2021 and registers the highest CAGR over the projection period. Compression socks and compression tights are often prescribed treatments for those suffering from varicose veins. This is because these types of stockings gently squeeze your lower legs, encouraging the blood to return to your heart. This reduces the aching and swelling associated with varicose veins and can even reduce their appearance.
• In terms of end-users, hospitals hold the highest market share in 2021 and register the highest compound annual growth rate over the forecast period. This is because compression garments are used to treat venous insufficiency, edema and prevent deep vein thrombosis post operation in patients.

Competitive Dashboard

The key players in the UK Medical Compression Garments Market are Medi GmbH and Co. Kg, LIPOELASTIC, Essity AB, Eurosurgical and Medasun Medical among others. Through extensive research, it is found that big players have adopted various competitive strategies such as mergers & acquisitions in order to have a grip on the emerging market. Furthermore, leading companies are expanding their geographical boundaries by acquiring small brands and domestic companies. 

Strategies Adopted by Key Market Players

• In February 2021, Judd medical announced exclusive distributorship of Carolon’s Health Support & COUTURE Medical Compression Stockings, Tights & Socks.
• In July 2020, Juzo Compression Wrap introduced the option of a slip-on stretch panel to secure the garment in place for easier donning and doffing. This wrap garment is reversible, giving the garment twice the life as comparable garments.
• In May 2018, Medasun Ltd. entered a partnership with TPS Healthcare to distribute Marena Comfortwear garments to the UK market with excellent customer service.

Segmentation Overview:

The following are the different segments of the UK Medical Compression Garments Market:

By Product segment of the UK Medical Compression Garments Market is sub-segmented into:

• Upper Compression Garments
• Lower Compression Garments
• Anti-embolism Stockings
• Others

By Class segment of the UK Medical Compression Garments Market is sub-segmented into:

• Class 1 (14-17 mmHg)
• Class 2 (18-24 mmHg)
• Class 3 (25-35 mmHg)

By Application segment of the UK Medical Compression Garments Market is sub-segmented into:

• Varicose Vein
• Deep Vein Thrombosis
• Wound Care
• Burns
• Oncology
• Other

By End User segment of the UK Medical Compression Garments Market is sub-segmented into:

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Other