Argentina Blood-based Biomaker For Sports Medicine Market Size & Outlook
Argentina blood-based biomaker for sports medicine market, 2018-2030 (US$M)
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Argentina blood-based biomaker for sports medicine market highlights
- The Argentina blood-based biomaker for sports medicine market generated a revenue of USD 6.2 million in 2023 and is expected to reach USD 10.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, ck was the largest revenue generating type in 2023.
- CRP is the most lucrative type segment registering the fastest growth during the forecast period.
Blood-based biomaker for sports medicine market data book summary
| Market revenue in 2023 | USD 6.2 million |
| Market revenue in 2030 | USD 10.2 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Ck |
| Fastest growing segment | CRP |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CK, Myoglobin, Lactate, WBC, Urea, CRP, Lipid and Protein Hydroperoxides, IL-6 |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global blood-based biomaker for sports medicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil blood-based biomaker for sports medicine 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 25.0 million by 2030.
Ck was the largest segment with a revenue share of 17.74% in 2023. Horizon Databook has segmented the Argentina blood-based biomaker for sports medicine market based on ck, myoglobin, lactate, wbc, urea, crp, lipid and protein hydroperoxides, il-6 covering the revenue growth of each sub-segment from 2018 to 2030.
In Argentina, sports participation is on the rise, with a notable increase in engagement across various levels. Football, deeply embedded in the country’s culture, remains the most popular sport, with the national team having secured the FIFA World Cup title three times. This widespread passion for football and other sports is expected to drive the expansion of sports programs and facilities nationwide.
As sports participation grows, there is an increasing focus on enhancing athlete health & performance, leading to a surge in the adoption of advanced medical technologies. Moreover, the expansion of sports infrastructure and rising athlete engagement are expected to propel the demand for innovative solutions in sports medicine.
In December 2021, FONPLATA committed to supporting sports development for social inclusion in Argentina. The program involves a total investment of USD 30 million, with FONPLATA contributing USD 25 million and an additional USD 5 million provided through local funding. As Argentina continues to invest in sports development, the growth of the blood-based biomarkers market reflects a broader commitment to improving athlete care and achieving excellence in sports.
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Blood-based Biomaker for Sports Medicine Market Scope
Blood-based Biomaker for Sports Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina blood-based biomaker for sports medicine market size, by type, 2018-2030 (US$M)
Argentina Blood-based Biomaker for Sports Medicine Market Outlook Share, 2023 & 2030 (US$M)
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