Latin America Hospital Gowns Market Size & Outlook
The hospital gowns market in Latin America is expected to reach a projected revenue of US$ 1,713.7 million by 2030. A compound annual growth rate of 12.8% is expected of Latin America hospital gowns market from 2023 to 2030.
The Latin America hospital gowns market generated a revenue of USD 655.5 million in 2022.
The market is expected to grow at a CAGR of 12.8% from 2023 to 2030.
In terms of segment, surgical gowns was the largest revenue generating type in 2022.
Patient Gowns is the most lucrative type segment registering the fastest growth during the forecast period.
Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
Market revenue in 2022
USD 655.5 million
Market revenue in 2030
USD 1,713.7 million
Growth rate
12.8% (CAGR from 2022 to 2030)
Largest segment
Surgical gowns
Fastest growing segment
Patient Gowns
Historical data covered
2018 - 2021
Base year for estimation
2022
Forecast period covered
2023 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Surgical Gowns, Non-Surgical Gowns, Patient Gowns
Key market players worldwide
Angelica Corp, Cardinal Health Inc, Standard Textile, Medline Industries, Aramark, 3M Co
Other key industry trends
In terms of revenue, Latin America region accounted for 13.5% of the global hospital gowns market in 2022.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 2,729.7 million by 2030.
Latin America hospital gowns market is expected to witness lucrative growth over the forecast period. Reforms in Latin America’s healthcare system, growing number of countries in the region seeking to implement universal healthcare coverage, and improvement in healthcare infrastructure are some of the factors driving regional market growth.
In addition, the increasing prevalence of heart diseases is driving the number of patients admitted in hospitals. As per the International Society for Pharmacoeconomics and Outcomes Research (ISPOR), in 2015, 6.5 million people in this region suffered from heart failure. Moreover, the increasingly prominent role played by the private sector in Latin America’s healthcare system is expected to drive growth.
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 Hospital Gowns Market Outlook will help companies and investors design strategic landscapes.
Surgical Gowns was the largest segment with a revenue share of 56.98% in 2022.
Horizon Databook has segmented the Latin America hospital gowns market based on surgical gowns, non-surgical gowns, patient gowns covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America hospital gowns market is expected to witness lucrative growth over the forecast period. Reforms in Latin America’s healthcare system, growing number of countries in the region seeking to implement universal healthcare coverage, and improvement in healthcare infrastructure are some of the factors driving regional market growth.
In addition, the increasing prevalence of heart diseases is driving the number of patients admitted in hospitals. As per the International Society for Pharmacoeconomics and Outcomes Research (ISPOR), in 2015, 6.5 million people in this region suffered from heart failure. Moreover, the increasingly prominent role played by the private sector in Latin America’s healthcare system is expected to drive growth.
Latin America Hospital Gowns Market Type Outlook (Revenue, USD Million , 2018-2030)
Surgical Gowns
Non-Surgical Gowns
Patient Gowns
Latin America Hospital Gowns Market Usabilility Outlook (Revenue, USD Million , 2018-2030)
Disposable Gowns
Reusable Gowns
Latin America Hospital Gowns Market Risk Type Outlook (Revenue, USD Million , 2018-2030)
Minimal
Low
Moderate
High
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Hospital Gowns Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Hospital Gowns Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Hospital Gowns Market, 2018-2030 (US$M)