Brazil Compression Therapy Market Size & Outlook, 2023-2030
Brazil compression therapy market, 2018-2030 (US$M)
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Brazil compression therapy market highlights
- The Brazil compression therapy market generated a revenue of USD 53.1 million in 2023 and is expected to reach USD 81.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.3% 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 53.1 million |
| Market revenue in 2030 | USD 81.2 million |
| Growth rate | 6.3% (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, Brazil accounted for 1.3% 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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Brazil 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 72.5% in 2023. Horizon Databook has segmented the Brazil compression therapy market based on static compression therapy, dynamic compression therapy covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil's compression therapy market is growing at a rapid pace owing to factors such as increasing prevalence of chronic disorders, growing aging population, technological advancements, and rising public healthcare initiatives.
As per the America Heart Association, Brazil ranks as the world's fifthlargest country by area and holds the position of the sixth-most populous nation, with a population exceeding 212 million individuals. In Brazil, NCDs are responsible for 72% of total deaths, with cardiovascular diseases being the primary cause and accounting for approximately one-third of these fatalities.
Furthermore, public health initiatives conducted by the federal government are also fueling the market growth. Several initiatives have been introduced within the Brazilian Unified Health System (SUS) to better manage prevalent cardiovascular disease risk factors.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil compression therapy market, including forecasts for subscribers. This country databook contains high-level insights into Brazil compression therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil compression therapy market size, by technology, 2018-2030 (US$M)
Brazil Compression Therapy Market Share, 2023 & 2030 (US$M)
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