Argentina Endoscopes Market Size & Outlook, 2023-2030
Argentina endoscopes market, 2018-2030 (US$M)
Related Markets
Argentina endoscopes market highlights
- The Argentina endoscopes market generated a revenue of USD 29.8 million in 2023 and is expected to reach USD 72.5 million by 2030.
- The Argentina market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
- In terms of segment, flexible endoscopes market was the largest revenue generating product in 2023.
- Disposable Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
Endoscopes market data book summary
| Market revenue in 2023 | USD 29.8 million |
| Market revenue in 2030 | USD 72.5 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Flexible endoscopes market |
| Fastest growing segment | Disposable Endoscopes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid Endoscopes Market, Robot Assisted Endoscope Market, Disposable Endoscopes, Capsule Endoscopes Market, Flexible Endoscopes Market |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.2% of the global endoscopes market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico endoscopes 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 72.5 million by 2030.
Flexible endoscopes market was the largest segment with a revenue share of 45.97% in 2023. Horizon Databook has segmented the Argentina endoscopes market based on rigid endoscopes market, robot assisted endoscope market, disposable endoscopes, capsule endoscopes market, flexible endoscopes market covering the revenue growth of each sub-segment from 2018 to 2030.
This market is driven by technological advancements, reduction in healthcare costs, and growth in the aging population. It is also driven by an increasing preference for minimally invasive surgeries and the implementation of pivotal screening programs for effective cancer diagnosis.
Availability of training centers for educating healthcare professionals about recent advancements in endoscopes is also boosting market growth. For Instance, the training center at La Plata by World Gastroenterology Organization provides endoscopy training for upper endoscopic surgery, interventional Endoscopic Ultrasound (EUS), therapeutic endoscopy, Endoscopic Retrograde Cholangiopancreatography (ERCP), and enteroscopy.
Presence of organizations, such as the Argentine Federation of Digestive Endoscopy (FAAED) and the Argentine Society of Gastroenterology (SAGE) that are dedicated to generating awareness about endoscopy techniques, is further increasing the demand for endoscopes.
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Endoscopes Market Scope
Endoscopes Market Companies
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Argentina endoscopes market size, by product, 2018-2030 (US$M)
Argentina Endoscopes Market Outlook Share, 2023 & 2030 (US$M)
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