Argentina Cardiovascular Ultrasound Market Size & Outlook
Argentina cardiovascular ultrasound market, 2018-2030 (US$M)
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Argentina cardiovascular ultrasound market highlights
- The Argentina cardiovascular ultrasound market generated a revenue of USD 24.3 million in 2023 and is expected to reach USD 31.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, transthoracic echocardiography was the largest revenue generating type in 2023.
- Fetal Echocardiography is the most lucrative type segment registering the fastest growth during the forecast period.
Cardiovascular ultrasound market data book summary
| Market revenue in 2023 | USD 24.3 million |
| Market revenue in 2030 | USD 31.8 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Transthoracic echocardiography |
| Fastest growing segment | Fetal Echocardiography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transthoracic Echocardiography, Transesophageal Echocardiography, Fetal Echocardiography, Other Types |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Siemens Healthineers AG ADR, Hitachi Ltd, shenzhen mindray automation equipment co., FUJIFILM Holdings Corp, Samsung Medison, Chison Medical Technologies |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global cardiovascular ultrasound market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cardiovascular ultrasound 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 112.3 million by 2030.
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Cardiovascular Ultrasound Market Scope
Cardiovascular Ultrasound Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina cardiovascular ultrasound 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 cardiovascular ultrasound market will help companies and investors design strategic landscapes.
Transthoracic echocardiography was the largest segment with a revenue share of 55.14% in 2023. Horizon Databook has segmented the Argentina cardiovascular ultrasound market based on transthoracic echocardiography, transesophageal echocardiography, fetal echocardiography, other types covering the revenue growth of each sub-segment from 2018 to 2030.
Cardiovascular diseases are leading causes of disability and death in Argentina. Around 30% of the deaths in the country are caused due to cardiovascular diseases. The American Society of Echocardiography (ASEF) has taken humanitarian action in partnership with Argentine Federation of Cardiology and echocardiography societies in Argentina to improve cardiovascular care in the country.
The ASEF volunteers have worked in different parts of Argentina to identify and treat cardiovascular diseases. These volunteers from ASEF were provided with CVUS from their industry partner Philips and Agimed, its South American distributor. Therefore, growing awareness regarding cardiovascular ultrasound in Argentina is expected to propel the overall market growth.
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Our clientele includes a mix of cardiovascular ultrasound market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina cardiovascular ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into Argentina cardiovascular ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina cardiovascular ultrasound market size, by type, 2018-2030 (US$M)
Argentina Cardiovascular Ultrasound Market Outlook Share, 2023 & 2030 (US$M)
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