Argentina Flow Diverters Market Size & Outlook, 2023-2030
Argentina flow diverters market, 2018-2030 (US$M)
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Argentina flow diverters market highlights
- The Argentina flow diverters market generated a revenue of USD 4.6 million in 2023 and is expected to reach USD 9.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
- In terms of segment, >5mm was the largest revenue generating product in 2023.
- 3-4mm is the most lucrative product segment registering the fastest growth during the forecast period.
Flow diverters market data book summary
| Market revenue in 2023 | USD 4.6 million |
| Market revenue in 2030 | USD 9.7 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | >5mm |
| Fastest growing segment | 3-4mm |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2-3mm, 3-4mm, 4-5mm, >5mm |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Terumo Corp, MicroPort Scientific Corp, Johnson & Johnson, InspireMD Inc, Balt, Phenox, Acandis GmbH |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.5% of the global flow diverters market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil flow diverters 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 16.3 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina flow diverters 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 flow diverters market will help companies and investors design strategic landscapes.
>5mm was the largest segment with a revenue share of 63.04% in 2023. Horizon Databook has segmented the Argentina flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
The growing geriatric population, rising healthcare expenditure, presence of key players, and increasing prevalence of hypertension are contributing to market growth. According to the Central Intelligence Agency, in 2023, 12.66% of the population in Argentina will be aged 65 and above.
Furthermore, as per the World Bank, in 2020, Argentina spent USD 864 of its GDP on healthcare. Moreover, people suffering from type 2 diabetes are more prone to intracranial aneurysms. As per the International Diabetes Federation, in Argentina, there were around 1,806,800 people suffering from diabetes in 2022. Thus, these factors are likely to contribute to market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina flow diverters market , including forecasts for subscribers. This country databook contains high-level insights into Argentina flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina flow diverters market size, by product, 2018-2030 (US$M)
Argentina Flow Diverters Market Outlook Share, 2023 & 2030 (US$M)
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