Argentina Compression Therapy Market Size & Outlook
Argentina compression therapy market, 2018-2030 (US$M)
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Argentina compression therapy market highlights
- The Argentina compression therapy market generated a revenue of USD 31.3 million in 2023 and is expected to reach USD 44.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, static compression therapy was the largest revenue generating technology in 2023.
- Dynamic Compression Therapy is the most lucrative technology segment registering the fastest growth during the forecast period.
Compression therapy market data book summary
| Market revenue in 2023 | USD 31.3 million |
| Market revenue in 2030 | USD 44.8 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Static compression therapy |
| Fastest growing segment | Dynamic Compression Therapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Static Compression Therapy, Dynamic Compression Therapy |
| Key market players worldwide | Cardinal Health Inc, Hartmann Holdings, Svenska Cellulosa AB ADR, ArjoHuntleigh, 3M Co, Spectrum Healthcare Resources, Bio Compression Systems, Stryker Corp, Ohio Valley Banc Corporation, Tactile Medical, Essity, Juzo, Harbor Health Care ETF, Sigvaris |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global compression therapy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil compression therapy market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 81.2 million by 2030.
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Compression Therapy Market Scope
Compression Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina compression therapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to compression therapy market will help companies and investors design strategic landscapes.
Static compression therapy was the largest segment with a revenue share of 73.48% in 2023. Horizon Databook has segmented the Argentina compression therapy market based on static compression therapy, dynamic compression therapy covering the revenue growth of each sub-segment from 2018 to 2030.
Growing prevalence of chronic disorders such as CVDs and other circulatory conditions, which has increased the demand for effective treatment options like compression therapy, and country's aging population is contributing to market expansion, as older individuals are more susceptible to CVDs & related ailments.
According to the Pan American Health Organization (PAHO), in 2023, individuals aged 65 and above made up 12.1% of the overall population, marking a 2.3 percentage point rise from the year 2000. The ratio of women to men was 102 to 100, and for every 100 children under 15, there were 53 people aged 65 or older.
The life expectancy at birth for 2023 reached 78.0 years, surpassing the average life expectancy across the Americas and showing a 4.1-year increase from 2000. Moreover, advancements in technology and product innovations are reshaping the landscape, with the introduction of more comfortable, user-friendly compression garments & devices.
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Our clientele includes a mix of compression therapy market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina compression therapy market, including forecasts for subscribers. This country databook contains high-level insights into Argentina compression therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina compression therapy market size, by technology, 2018-2030 (US$M)
Argentina Compression Therapy Market Share, 2023 & 2030 (US$M)
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