Argentina Diabetic Foot Ulcer Treatment Market Size & Outlook
Argentina diabetic foot ulcer treatment market, 2018-2030 (US$M)
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Argentina diabetic foot ulcer treatment market highlights
- The Argentina diabetic foot ulcer treatment market generated a revenue of USD 55.9 million in 2023 and is expected to reach USD 77.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, biologics was the largest revenue generating treatment in 2023.
- Biologics is the most lucrative treatment segment registering the fastest growth during the forecast period.
Diabetic foot ulcer treatment market data book summary
| Market revenue in 2023 | USD 55.9 million |
| Market revenue in 2030 | USD 77.7 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Biologics |
| Fastest growing segment | Biologics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wound Care Dressings, Biologics, Therapy Devices, Antibiotic Medications |
| Key market players worldwide | ConvaTec Group PLC, 3M Co, Coloplast A/S ADR, Smith & Nephew PLC, Medtronic PLC |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.1% of the global diabetic foot ulcer treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil diabetic foot ulcer treatment 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 113.0 million by 2030.
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Diabetic Foot Ulcer Treatment Market Scope
Diabetic Foot Ulcer Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina diabetic foot ulcer treatment 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 diabetic foot ulcer treatment market will help companies and investors design strategic landscapes.
Biologics was the largest segment with a revenue share of 36.49% in 2023. Horizon Databook has segmented the Argentina diabetic foot ulcer treatment market based on wound care dressings, biologics, therapy devices, antibiotic medications covering the revenue growth of each sub-segment from 2018 to 2030.
The country mostly imports medical devices from the U.S. The U.S. is one of Argentina’s noteworthy exporters and is positioned among the best three source nations in FDI. Furthermore, unavailability or limited availability of resources in Argentina has also restrained many major market players from entering the market.
Thus, the market is anticipated to grow at a very low rate over the forecast period. 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 device manufacturers.
This is due to the 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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Our clientele includes a mix of diabetic foot ulcer treatment 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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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina diabetic foot ulcer treatment market , including forecasts for subscribers. This country databook contains high-level insights into Argentina diabetic foot ulcer treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina diabetic foot ulcer treatment market size, by treatment, 2018-2030 (US$M)
Argentina Diabetic Foot Ulcer Treatment Market Outlook Share, 2023 & 2030 (US$M)
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