Argentina Diabetes Devices Market Size & Outlook
Argentina diabetes devices market, 2018-2030 (US$M)
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Argentina diabetes devices market highlights
- The Argentina diabetes devices market generated a revenue of USD 174.9 million in 2023 and is expected to reach USD 284.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, insulin delivery devices was the largest revenue generating type in 2023.
- Insulin Delivery Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Diabetes devices market data book summary
| Market revenue in 2023 | USD 174.9 million |
| Market revenue in 2030 | USD 284.3 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Insulin delivery devices |
| Fastest growing segment | Insulin Delivery Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Glucose Monitoring (BGM) Devices, Insulin Delivery Devices |
| Key market players worldwide | Medtronic PLC, Abbott Laboratories, Roche Holding AG, Bayer AG, Johnson & Johnson, B. Braun, DexCom Inc, Insulet Corp, Ypsomed Holding AG, Sanofi SA, Novo Nordisk A/S ADR, Arkray |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.6% of the global diabetes 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 diabetes devices 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 1,004.6 million by 2030.
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Diabetes Devices Market Scope
Diabetes Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina diabetes 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 diabetes devices market will help companies and investors design strategic landscapes.
Insulin delivery devices was the largest segment with a revenue share of 54.2% in 2023. Horizon Databook has segmented the Argentina diabetes devices market based on blood glucose monitoring (bgm) devices, insulin delivery devices covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina’s medical device market offers excellent business opportunities as it virtually imports all medical applications. Despite stringent currency regulations, high inflation, and low foreign investment, the country is still an attractive destination for medical devices manufacturers.
This is due to the current high demand for imported essentials & specialized medical equipment, a reasonable regulatory approval timeline, and the country’s remarkable hospital capacity. Thus, the country represents lucrative growth opportunities for manufacturers of diabetes devices.
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Target buyers of Argentina diabetes devices market databook
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Our clientele includes a mix of diabetes devices market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina diabetes devices market , including forecasts for subscribers. This country databook contains high-level insights into Argentina diabetes devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina diabetes devices market size, by type, 2018-2030 (US$M)
Argentina Diabetes Devices Market Outlook Share, 2023 & 2030 (US$M)
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