Argentina Cardiac Rhythm Management Devices Market Size & Outlook
Argentina cardiac rhythm management devices market, 2018-2030 (US$M)
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Argentina cardiac rhythm management devices market highlights
- The Argentina cardiac rhythm management devices market generated a revenue of USD 137.9 million in 2024 and is expected to reach USD 195.0 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6% from 2025 to 2030.
- In terms of segment, defibrillators was the largest revenue generating product in 2024.
- Pacemakers is the most lucrative product segment registering the fastest growth during the forecast period.
Cardiac rhythm management devices market data book summary
| Market revenue in 2024 | USD 137.9 million |
| Market revenue in 2030 | USD 195.0 million |
| Growth rate | 6% (CAGR from 2024 to 2030) |
| Largest segment | Defibrillators |
| Fastest growing segment | Pacemakers |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pacemakers, Defibrillators, Cardiac Resynchronization Therapy (CRT) |
| Key market players worldwide | Stryker Corp, BIOTRONIK, SCHILLER, Medtronic PLC, Abbott Laboratories, Koninklijke Philips NV, ZOLL Medical Corporation, Boston Scientific Corp, LivaNova PLC, Progetti Medical |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global cardiac rhythm management devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cardiac rhythm management 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 195.0 million by 2030.
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Cardiac Rhythm Management Devices Market Scope
Cardiac Rhythm Management Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina cardiac rhythm management 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 cardiac rhythm management devices market will help companies and investors design strategic landscapes.
Defibrillators was the largest segment with a revenue share of 38.51% in 2024. Horizon Databook has segmented the Argentina cardiac rhythm management devices market based on pacemakers, defibrillators, cardiac resynchronization therapy (crt) covering the revenue growth of each sub-segment from 2018 to 2030.
The high prevalence of CVDs in Argentina is a key factor driving the growth of the CRM devices market. In 2022, Argentina witnessed a staggering 34% of CVD-related fatalities, as reported by the NIH. Argentina has the highest prevalence of hypertension and dyslipidemia across Latin America.
Moreover, there is an increase in the incidence of cardiovascular diseases in Argentina. The government is taking initiatives to improve access to defibrillation in the country, thereby boosting the demand for defibrillators in public & private places and supporting the market growth.
For instance, in July 2022, the Ministry of Science, Technology, and Innovation established decree 402/2022 at the Technological Scientific Pole, through which the national government approved the regulation of Sudden Death Law 27,159.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina cardiac rhythm management devices market, including forecasts for subscribers. This country databook contains high-level insights into Argentina cardiac rhythm management devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina cardiac rhythm management devices industry size, by product, 2018-2030 (US$M)
Argentina Cardiac Rhythm Management Devices Market Share, 2024 & 2030 (US$M)
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