Latin America Compression Therapy Market To Reach $297.1 Million By 2030

Latin America Compression Therapy Market Growth & Trends

The Latin America Compression Therapy market size is expected to reach USD 297.1 million by 2030, registering a CAGR of 4.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increase in incidence of chronic diseases and geriatric population are key driving factors. In addition, increasing healthcare expenditure in developing economies of the region and presence of untapped opportunities are factors expected to further boost growth.

Brazil accounted for over 25.6% share in 2024, owing to high adoption of compression stockings. According to a research published in NCBI, compression stockings are extensively used in Brazil to treat venous disorders. In addition, these products are easily available and are known to provide positive results, further promoting the use of compression therapy products across the country. Moreover, improving healthcare infrastructure, economic development, and increasing patient awareness are factors supporting rapid market growth.

Some of the key players are primarily focused on new product launches and distribution enhancement strategies to expand their customer base and increase product accessibility in developing economies.

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Latin America Compression Therapy Market Report Highlights

• Large diabetic population of Latin America and increase in prevalence of chronic disorders among the elderly are expected to drive compression therapy market.

• Static compression dominated the technology segment in 2024, owing to high convenience and greater accessibility of these products in treatment of sports injuries and venous disorders.

• By end-use, the hospitals segment leading the Latin America compression therapy market in 2024.

Latin America Compression Therapy Market Segmentation

Grand View Research has segmented the Latin America compression therapy market based on technology, end-use, distribution channel, and country:

Latin America Compression Therapy Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Static Compression Therapy

  • Compression Bandages

  • Compression Stockings

  • Compression Tape

  • Others Compression Garments

• Dynamic Compression Therapy

  • Compression Pumps

  • Compression Sleeves

Latin America Compression Therapy End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Specialty Clinics

• Home healthcare

• Physician’s Office

• Nursing Homes

• Others

Latin America Compression Therapy Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Institutional Sales

• Retail Sales

Latin America Compression Therapy Country Outlook (Revenue, USD Million, 2018 - 2030)

• Brazil

• Mexico

• Argentina

List of Key Players in the Latin America Compression Therapy Market

• Bio Compression Systems, Inc.

• Cardinal Health

• 3M

• Juzo

• PAUL HARTMANN AG

• medi GmbH & Co. KG

• SIGVARIS GROUP

• BSN Medical GmbH (Essity Health & Medical)

• Arjo (GETINGE GROUP)

• Spectrum Healthcare

• Smith+Nephew

• Tactile Systems Technology Inc.

• Zimmer Biomet

• DJO, LLC

• Lympha Press USA

• Medline