Argentina Enteral Feeding Devices Market Size & Outlook
Argentina enteral feeding devices market, 2018-2030 (US$M)
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Argentina enteral feeding devices market highlights
- The Argentina enteral feeding devices market generated a revenue of USD 37.4 million in 2023 and is expected to reach USD 54.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, enteral feeding pump was the largest revenue generating product in 2023.
- Low Profile Gastrostomy Device is the most lucrative product segment registering the fastest growth during the forecast period.
Enteral feeding devices market data book summary
| Market revenue in 2023 | USD 37.4 million |
| Market revenue in 2030 | USD 54.1 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Enteral feeding pump |
| Fastest growing segment | Low Profile Gastrostomy Device |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Giving Set, Enteral Feeding Pump, Percutaneous Endoscopic Gastrostomy Device, Low Profile Gastrostomy Device, Nasogastric Tube, Gastrostomy Tube |
| Key market players worldwide | Conmed Corp, BD, Cook Medical, Boston Scientific Corp, Moog Inc A, Fresenius Kabi, Danone SA, Kimberly-Clark Corp, Abbott Laboratories, B. Braun, Cardinal Health Inc, Avanos Medical Inc, Vygon, Amsino International, Applied Medical Technology Inc., Fidmi Medical, Alcor Scientific |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global enteral feeding 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 enteral feeding devices 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 54.1 million by 2030.
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Enteral Feeding Devices Market Scope
Enteral Feeding Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina enteral feeding 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 enteral feeding devices market will help companies and investors design strategic landscapes.
Enteral feeding pump was the largest segment with a revenue share of 44.65% in 2023. Horizon Databook has segmented the Argentina enteral feeding devices market based on giving set, enteral feeding pump, percutaneous endoscopic gastrostomy device, low profile gastrostomy device, nasogastric tube, gastrostomy tube covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina enteral feeding devices market is expected to grow at the fastest CAGR of 5.5% during the forecast period. Increase in the number of initiatives being undertaken by various private and public organizations such as the Argentine Society of Enteral and Parenteral Nutrition (AANEP) for promoting growth & development of enteral and parenteral nutrition across the nation is expected to boost the enteral feeding devices market in this country.
Moreover, rising prevalence of chronic diseases such as cancer & gastrointestinal diseases and growing incidence of preterm births are some of the crucial factors fueling the market growth in Argentina. For instance, according to WHO in 2022, 929 people in Argentina died due to malnutrition.
In addition, according to World Cancer Research Fund, in 2020, 126,818 individuals were suffering from cancer, excluding non-melanoma skin cancer. For instance, according to DR Barometer, 1.7 million people were living with diabetes, of which 592,600 were undiagnosed. Thus, increasing geriatric population along with diabetes in the region is projected to fuel the growth of enteral feeding devices market in Argentina.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina enteral feeding devices market , including forecasts for subscribers. This country databook contains high-level insights into Argentina enteral feeding devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina enteral feeding devices market size, by product, 2018-2030 (US$M)
Argentina Enteral Feeding Devices Market Outlook Share, 2023 & 2030 (US$M)
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