Argentina Blood Collection Market Size & Outlook, 2022-2030
Argentina blood collection market, 2018-2030 (US$M)
Related Markets
Argentina blood collection market highlights
- The Argentina blood collection market generated a revenue of USD 100.4 million in 2022 and is expected to reach USD 212.5 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
- In terms of segment, venous was the largest revenue generating collection site in 2022.
- Capillary is the most lucrative collection site segment registering the fastest growth during the forecast period.
Blood collection market data book summary
| Market revenue in 2022 | USD 100.4 million |
| Market revenue in 2030 | USD 212.5 million |
| Growth rate | 9.8% (CAGR from 2022 to 2030) |
| Largest segment | Venous |
| Fastest growing segment | Capillary |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Venous, Capillary |
| Key market players worldwide | Abbott Laboratories, Nipro Corp, BD, Terumo Corp, Medtronic PLC, Qiagen NV, Haemonetics Corp, FL Medical, Greiner Bio-One |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global blood collection market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil blood collection market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 310.3 million by 2030.
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Blood Collection Market Scope
Blood Collection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina blood collection 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 blood collection market will help companies and investors design strategic landscapes.
Venous was the largest segment with a revenue share of 84.36% in 2022. Horizon Databook has segmented the Argentina blood collection market based on venous, capillary covering the revenue growth of each sub-segment from 2018 to 2030.
Rise in initiatives undertaken by the government to enhance plasma donations for therapeutic use in the treatment of COVID-19 is expected to boost market growth during the forecast period. In April 2020, the country announced the National Convalescent Plasma Initiative, based on a recent act implemented by the Ministry of Health the country to create a registry of potential plasma donors and a list of clinical trials.
The initiative launched a program in two privately run and six state-run centers in the Buenos Aires Metropolitan Area. Growth in number of initiatives undertaken by the government to enhance plasma collection for clinical trials is expected to fuel market growth.
NCDs are estimated to cause about 78% of deaths in the country every year. The Noncommunicable Diseases and Mental Health Department focuses on coordinating, promoting, and implementing technical cooperation activities that are directed to control & prevent NCDs in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina blood collection market, including forecasts for subscribers. This country databook contains high-level insights into Argentina blood collection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina blood collection market size, by collection site, 2018-2030 (US$M)
Argentina Blood Collection Market Share, 2022 & 2030 (US$M)
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