Argentina Electrophysiology Devices Market Size & Outlook
Argentina electrophysiology devices market, 2018-2030 (US$M)
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Argentina electrophysiology devices market highlights
- The Argentina electrophysiology devices market generated a revenue of USD 61.1 million in 2023 and is expected to reach USD 123.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10.6% from 2024 to 2030.
- In terms of segment, ablation catheters was the largest revenue generating device in 2023.
- Ablation Catheters is the most lucrative device segment registering the fastest growth during the forecast period.
Electrophysiology devices market data book summary
| Market revenue in 2023 | USD 61.1 million |
| Market revenue in 2030 | USD 123.4 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Ablation catheters |
| Fastest growing segment | Ablation Catheters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic Catheters, Laboratory Devices, Access Devices, Ablation Catheters |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Abbott Laboratories, Johnson & Johnson, BIOTRONIK, GE Aerospace, Siemens Healthineers AG ADR, MicroPort Scientific Corp, Koninklijke Philips NV |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.6% of the global electrophysiology 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 electrophysiology devices 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 194.4 million by 2030.
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Electrophysiology Devices Market Scope
Electrophysiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina electrophysiology 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 electrophysiology devices market will help companies and investors design strategic landscapes.
Ablation catheters was the largest segment with a revenue share of 48.12% in 2024. Horizon Databook has segmented the Argentina electrophysiology devices market based on diagnostic catheters, laboratory devices, access devices, ablation catheters covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing prevalence of CVDs in Argentina is a key factor driving the growth of the EP 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 CVDs in Argentina. Moreover, the demand for cardiovascular devices, specifically EP devices, is growing due to the large population affected by heart disease in Argentina.
The availability of these devices is critical to cater to the population’s healthcare needs and improving patient outcomes. As a result, the market is expected to grow as it addresses the demand due to the high burden of CVDs and the need for reliable diagnosis & treatment options.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina electrophysiology devices market, including forecasts for subscribers. This country databook contains high-level insights into Argentina electrophysiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina electrophysiology devices market
Argentina Electrophysiology Devices Market Share, 2024 & 2030 (US$M)
Argentina electrophysiology devices market
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