Argentina Bronchial Biopsy Devices Market Size & Outlook
Argentina bronchial biopsy devices market, 2018-2030 (US$M)
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Argentina bronchial biopsy devices market highlights
- The Argentina bronchial biopsy devices market generated a revenue of USD 3.9 million in 2023 and is expected to reach USD 6.5 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, transbronchial needle aspiration (tbna) needles was the largest revenue generating product in 2023.
- Transbronchial Needle Aspiration (TBNA) Needles is the most lucrative product segment registering the fastest growth during the forecast period.
Bronchial biopsy devices market data book summary
| Market revenue in 2023 | USD 3.9 million |
| Market revenue in 2030 | USD 6.5 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Transbronchial needle aspiration (tbna) needles |
| Fastest growing segment | Transbronchial Needle Aspiration (TBNA) Needles |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopsy Forceps, Transbronchial Needle Aspiration (TBNA) Needles, Cytology Brushes |
| Key market players worldwide | Olympus Corp, Boston Scientific Corp, Conmed Corp, Medtronic PLC, Becton Dickinson & Co, Hobbs Medical, Cook Medical, Telemed Systems, Argon Medical Devices, Horizons International |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.7% of the global bronchial biopsy devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bronchial biopsy devices market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 6.5 million by 2030.
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Bronchial Biopsy Devices Market Scope
Bronchial Biopsy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina bronchial biopsy devices 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 bronchial biopsy devices market will help companies and investors design strategic landscapes.
Transbronchial needle aspiration (tbna) needles was the largest segment with a revenue share of 58.97% in 2023. Horizon Databook has segmented the Argentina bronchial biopsy devices market based on biopsy forceps, transbronchial needle aspiration (tbna) needles, cytology brushes covering the revenue growth of each sub-segment from 2018 to 2030.
The market for bronchial biopsy devices in Argentina is evolving due to increasing respiratory disease rates, technological advancements, and enhancements in the healthcare system. Chronic respiratory diseases, including COPD, are leading causes of morbidity and mortality in Argentina, with a reported mortality rate of 55.5 deaths per 100,000 population attributed to chronic respiratory diseases.
In Argentina, there is an increasing shift toward minimally invasive procedures due to their benefits of quicker recovery and fewer complications. Radial EBUS (rEBUS) is a prime example of this trend.
The use of rEBUS at institutions such as Hospital Italiano is improving diagnostic accuracy and patient outcomes. This growing preference for less invasive techniques is anticipated to persist as both healthcare providers and patients recognize their advantages.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina bronchial biopsy devices market , including forecasts for subscribers. This country databook contains high-level insights into Argentina bronchial biopsy devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina bronchial biopsy devices market size, by product, 2018-2030 (US$M)
Argentina Bronchial Biopsy Devices Market Outlook Share, 2023 & 2030 (US$M)
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