COMPRESSION STOCKINGS MARKET ANALYSIS
Compression Stockings Market- Drivers
Increasing number of geriatric population globally, is expected to drive the compression stocking market growth. For instance, according to United Nation World Population report 2017, the global geriatric population was around 962 million, which is expected to reach around 2.1 billion by 2050.
Furthermore, increasing number of patients suffering from venous disorders are also expected to drive the market growth. For instance, according to Centers for Disease Control and Prevention(CDC) report of 2018, in the U.S., 900,000 people are affected each year by deep vein thrombosis (DVT), and around 60,000-100,000 death are reported yearly.
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