Market revenue in 2021 | USD 378.1 million |
Market revenue in 2030 | USD 1,423.0 million |
Growth rate | 15.9% (CAGR from 2021 to 2030) |
Largest segment | Wearable sensors |
Fastest growing segment | Implantable/ingestible sensors |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hand held diagnostic sensors, Wearable sensors, Implantable/ingestible sensors |
Key market players worldwide | Analog Devices Inc, Danaher Corp, GE HealthCare Technologies Inc Common Stock, Honeywell International Inc, Medtronic PLC, Smiths Group PLC, Koninklijke Philips NV, Stryker Corp, Abbott Laboratories, Roche Holding AG ADR, Hologic Inc |
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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 health sensors market will help companies and investors design strategic landscapes.
Wearable sensors was the largest segment with a revenue share of 40.94% in 2021. Horizon Databook has segmented the Argentina health sensors market based on hand held diagnostic sensors, wearable sensors, implantable/ingestible sensors covering the revenue growth of each sub-segment from 2018 to 2030.
Rising incidence of diabetes and increasing geriatric population are among the major factors driving the market growth in the country. For instance, according to International Diabetes Federation, in Argentina, the prevalence of diabetes was ~6.2%, and about 1,757,500 adults were living with diabetes in 2017.
Growing geriatric population is expected to increase the demand for home healthcare, which in turn may boost the demand for health sensors in the country. However, lack of awareness about fitness & sufficient knowledge regarding the use of Health Sensors among people may restrain the market growth in Argentina during the forecast period.
Argentina has a decent healthcare spending. For instance, according to WHO, the healthcare spending per capita in Argentina was USD 1,127.9 in 2018. This offers modest opportunities for health sensors market to grow.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina health sensors market , including forecasts for subscribers. This country databook contains high-level insights into Argentina health sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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