The Indian compression garments market is estimated to exhibit a steady CAGR during the forecast period (2020-2026). With a prevalence rate of 8.3%, the country has around 74 million people with diabetes in the country, which is significantly high, which results in increased demand for compression garments. Urban India constitutes a major target segment for BGM devices as they not only have higher disposable incomes but are also aware of several mechanisms for diabetes management. Key players are also offering a wide range of cost-effective product portfolio to suit the demand and requirement of several consumer segments. For instance, F. Hoffmann-La Roche introduced Integrated Diabetes Management Solution (IDMS) through the introduction of the mySugr app and the Accu-Chek Instant BGM system in May 2019. This integrated platform will enable patients, caregivers, and healthcare professionals to view, share, and access blood glucose data anytime seamlessly for timely advice and optimized treatment decisions.
Browse the full report description Indian Compression Garments Market Size, Share & Trends Analysis Report by Product Type (Shapewear, Compression Tapes, Facial Garments, Full Body Garments, and Lower and Upper Extremities Garments), By Application (Healthcare, Sports, and Slimwear), and by Distribution Channel (Pharmacy and Offline Retail, and Online) Forecast Period (2020-2026) at https://www.omrglobal.com/industry-reports/indian-compression-garments-market
Such developments in countries like India provide a platform for rising awareness regarding products and therapies available for the management of diabetes and related ailments, thus presenting growth opportunities for compression garments in the country. Apart from healthcare applications, compression garments are also finding rising traction in slimwear applications, and the demand is further expected to grow during the forecast period, especially in tier 1 and tier 2 cities.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
Indian Compression Garments Market Report Segment
By Product Type
By Application
By Distribution Channel
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