Latin America Sclerotherapy Market Size & Outlook

The sclerotherapy market in Latin America is expected to reach a projected revenue of US$ 96.0 million by 2027. A compound annual growth rate of 5.7% is expected of Latin America sclerotherapy market from 2021 to 2027.
Revenue, 2020 (US$M)
$65.0
Forecast, 2027 (US$M)
$96.0
CAGR, 2021 - 2027
5.7%
Report Coverage
Latin America

Latin America sclerotherapy market highlights

  • The Latin America sclerotherapy market generated a revenue of USD 65.0 million in 2020.
  • The market is expected to grow at a CAGR of 5.7% from 2021 to 2027.
  • In terms of segment, detergents was the largest revenue generating agent in 2020.
  • Detergents is the most lucrative agent segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2021 to 2027.


Latin America data book summary

Market revenue in 2020USD 65.0 million
Market revenue in 2027USD 96.0 million
Growth rate5.7% (CAGR from 2020 to 2027)
Largest segmentDetergents
Fastest growing segmentDetergents
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationDetergents, Chemical Irritants, Osmotic Agents
Key market players worldwideB2Gold Corp, LGM Pharma, Troikaa Pharmaceuticals, Mylan, Perrigo Co PLC, Merz Pharma, Medi-Globe


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.2% of the global sclerotherapy market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 320.1 million by 2027.

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Sclerotherapy Market Companies

Name Profile # Employees HQ Website

Latin America sclerotherapy 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 sclerotherapy market will help companies and investors design strategic landscapes.


Detergents was the largest segment with a revenue share of 42% in 2020. Horizon Databook has segmented the Latin America sclerotherapy market based on detergents, chemical irritants, osmotic agents covering the revenue growth of each sub-segment from 2016 to 2027.


Latin American Sclerotherapy market consists of Brazil, Mexico, and other Latin American countries. Rapidly developing economies, surging geriatric population and evolving healthcare infrastructure in this region are the major factors expected to propel the during the forecast period.

Usage of sclerotherapy procedures is significant in Latin America. Latin America has attracted significant attention of key manufacturers of sclerotherapy devices due to the huge market potential in this region.

Reasons to subscribe to Latin America sclerotherapy market databook:

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Target buyers of Latin America sclerotherapy market databook

  • Our clientele includes a mix of sclerotherapy market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America sclerotherapy market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America sclerotherapy market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Latin America sclerotherapy market size, by country, 2016-2027 (US$M)

Latin America Sclerotherapy Market Share, 2020 & 2027 (US$M)

Latin America sclerotherapy market size, by country, 2016-2027 (US$M)

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