Latin America Compression Garments And Stockings Market By Product Type (Compression Garments, Compression Stockings), By Application Type (Varicose Vein, Wound Care, Burns, Oncology, And Others), By End-user (Hospitals, Ambulatory Surgical Centres (ASC’s), Clinics, Online Sales, And Other Healthcare Facilities) By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

Latin America Compression Garments And Stockings Market By Product Type (Compression Garments, Compression Stockings), By Application Type (Varicose Vein, Wound Care, Burns, Oncology, And Others), By End-user (Hospitals, Ambulatory Surgical Centres (ASC’s), Clinics, Online Sales, And Other Healthcare Facilities) By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

ID: 5445 | Pages: 145 | October 2018 | Region: Latin America


The Latin America Compression Garments and Stockings market size was around USD 330 million in 2018. It is expected to grow at a CAGR of 5.6% to reach USD 440 million by 2023. It captures 12% of the global market.

Compression garments are skin-tight apparels, which stimulate blood circulation and stabilize muscles by exerting pressure on specific parts of the body. Compression apparel helps to improve stamina & body balance and control the body temperature. Whereas compression stockings are elastic hosiery garments applied to a lower limb to achieve graduated compression. They are utilized for treating lymphedema, venous hypertension, and venous ulcers to decrease edema and aid return of venous blood to the heart.

The growth of the diseases such as varicose veins and lymphedema conjoined with the overall growth of the healthcare industry, ever growing Latin America aging population which is affected by age-related muscular problems and the gradual rise of the fitness and sports industry are few drivers boosting the market worldwide. The demand for compression garments has risen since athletes prefer them to avoid injuries during an event. The producers are constantly innovating with the materials and revamping styles to woo more consumers. The compression garments and stockings market are extremely prosperous because of the constant modernization drive happening in the sports, fitness and healthcare sector.

The compression garments and stockings market are segmented on the basis of product type into compression garments and compression stockings. Compression garments segment is expected to grow at fastest rate in the Latin America market over the forecast period. The compression garments and stockings market are segmented on the basis of application into varicose veins, wound care, burns, oncology, and others. Varicose veins segment is expected to grow at fastest rate in Latin America market over the forecast period. Hospitals, ASC’s, clinics, online sales and other healthcare facilities are key end-users of the Latin America compression garments and stockings market. The hospital's segment dominated the market in terms of revenue in 2016.

By geography the market is segmented into Brazil, Chile, Argentina and others. Latin America is also anticipated to show significant growth for this market because of the increased burden of diseases.

Key players in the market include Leonisa, Inc., Medical Z, 2XU Pty. Ltd, 3M, BSN Medical, medi GmbH & Co KG, Nouvelle, Inc., Santemol Group Medical.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product Type                             

                                5.1.1 Introduction           

                                5.1.2 Compression Garments    

                                                5.1.2.1 Upper Compression Garments

                                                5.1.2.2 Lower Compression Garments

                                5.1.3 Compression Stockings      

                                                5.1.3.1 Anti-Embolism Compression Stockings

                                                5.1.3.2 Gradient Compression Stockings

                                5.1.4  Y-o-Y Growth Analysis, By Product Type   

                                5.1.5  Market Attractiveness Analysis, By Product Type

                                5.1.6  Market Share Analysis, By Product Type   

                5.2 Application Type                      

                                5.2.1 Introduction           

                                5.2.2 Varicose Vein         

                                5.2.3 Wound Care           

                                5.2.4 Burns         

                                5.2.5 Oncology 

                                5.2.6 Others      

                                5.2.7 Y-o-Y Growth Analysis, By Application Type              

                                5.2.8 Market Attractiveness Analysis, By Application Type            

                                5.2.9 Market Share Analysis, By Application Type             

                5.3 End-user                      

                                5.3.1 Introduction           

                                5.3.2 Hospitals  

                                5.3.3 Ambulatory Surgical Centers (ASC’s)           

                                5.3.4 Clinics        

                                5.3.5 Online Sales            

                                5.3.6 Other Healthcare Facilities               

                                5.3.7 Y-o-Y Growth Analysis, By End-user             

                                5.3.8  Market Attractiveness Analysis, By End-user          

                                5.3.9  Market Share Analysis, By End-user            

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product Type

                                                6.1.3.3 By Application Type

                                                6.1.3.4 By End-user

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product Type

                                                6.1.4.3 By Application Type

                                                6.1.4.4 By End-user

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product Type

                                                6.1.5.3 By Application Type

                                                6.1.5.4 By End-user

                6.2 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 2XU Pty. Ltd                               

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 3M                 

                8.3 BSN Medical                               

                8.4 Leonisa, Inc.                               

                8.5 Medical Z                     

                8.6 medi GmbH & Co KG                              

                8.7 Nouvelle, Inc.                            

                8.8 Santemol Group Medical                      

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms product type and Application along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Latin America Compression Garments and Stockings Market By Product Type, From 2018–2023 ( USD Million )
  2. Latin America Compression Garments Market By Region, From 2018–2023 ( USD Million )
  3. Latin America Compression Stockings Market By Region, From 2018–2023 ( USD Million )
  4. Latin America Compression Garments and Stockings Market By Application Type, From 2018–2023 ( USD Million )
  5. Latin America Varicose Vein Market By Region, From 2018–2023 ( USD Million )
  6. Latin America Wound Care Market By Region, From 2018–2023 ( USD Million )
  7. Latin America Burns Market By Region, From 2018–2023 ( USD Million )
  8. Latin America Oncology Market By Region, From 2018–2023 ( USD Million )
  9. Latin America Others Market By Region, From 2018–2023 ( USD Million )
  10. Latin America Compression Garments and Stockings Market By End-user, From 2018–2023 ( USD Million )
  11. Latin America Hospitals Market By Region, From 2018–2023 ( USD Million )
  12. Latin America Ambulatory Surgical Centers (ASC’s) Market By Region, From 2018–2023 ( USD Million )
  13. Latin America Clinics Market By Region, From 2018–2023 ( USD Million )
  14. Latin America Online Sales Market By Region, From 2018–2023 ( USD Million )
  15. Latin America Other Healthcare Facilities Market By Region, From 2018–2023 ( USD Million )
  16. Brazil Compression Garments and Stockings Market By Product Type, From 2018–2023 ( USD Million )
  17. Brazil Compression Garments and Stockings Market By Application Type, From 2018–2023 ( USD Million )
  18. Brazil Compression Garments and Stockings Market By End-user, From 2018–2023 ( USD Million )
  19. Argentina Compression Garments and Stockings Market By Product Type, From 2018–2023 ( USD Million )
  20. Argentina Compression Garments and Stockings Market By Application Type, From 2018–2023 ( USD Million )
  21. Argentina Compression Garments and Stockings Market By End-user, From 2018–2023 ( USD Million )
  22. Mexico Compression Garments and Stockings Market By Product Type, From 2018–2023 ( USD Million )
  23. Mexico Compression Garments and Stockings Market By Application Type, From 2018–2023 ( USD Million )
  24. Mexico Compression Garments and Stockings Market By End-user, From 2018–2023 ( USD Million )
  25. Rest of Latin America Compression Garments and Stockings Market By Product Type, From 2018–2023 ( USD Million )
  26. Rest of Latin America Compression Garments and Stockings Market By Application Type, From 2018–2023 ( USD Million )
  27. Rest of Latin America Compression Garments and Stockings Market By End-user, From 2018–2023 ( USD Million )
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