Argentina Hernia Repair Devices Market Size & Outlook
Argentina hernia repair devices market, 2018-2030 (US$M)
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Argentina hernia repair devices market highlights
- The Argentina hernia repair devices market generated a revenue of USD 34.2 million in 2022 and is expected to reach USD 45.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 3.7% from 2023 to 2030.
- In terms of segment, hernia mesh was the largest revenue generating product in 2022.
- Hernia Fixation Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Hernia repair devices market data book summary
| Market revenue in 2022 | USD 34.2 million |
| Market revenue in 2030 | USD 45.8 million |
| Growth rate | 3.7% (CAGR from 2022 to 2030) |
| Largest segment | Hernia mesh |
| Fastest growing segment | Hernia Fixation Devices |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hernia Mesh, Hernia Fixation Devices |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, BD, W.L. Gore & Associates, LifeCell International, B. Braun, Baxter International Inc, COOK, Herniamesh, Atrium Health |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.6% of the global hernia repair devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil hernia repair 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 137.3 million by 2030.
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Hernia Repair Devices Market Scope
Hernia Repair Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina hernia repair 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 hernia repair devices market will help companies and investors design strategic landscapes.
Hernia mesh was the largest segment with a revenue share of 73.1% in 2022. Horizon Databook has segmented the Argentina hernia repair devices market based on hernia mesh, hernia fixation devices covering the revenue growth of each sub-segment from 2018 to 2030.
The hernia repair devices market in Argentina is anticipated to witness low growth over the forecast period due to lack of advanced healthcare settings and skilled professionals. Furthermore, low healthcare expenditure in a country restricts new and key players from entering the market, as the scope for growth is limited. Furthermore, low rate of awareness among people regarding the treatment of hernia is expected to negatively impact the market growth over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina hernia repair devices market, including forecasts for subscribers. This country databook contains high-level insights into Argentina hernia repair devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina hernia repair devices market size, by product, 2018-2030 (US$M)
Argentina Hernia Repair Devices Market Share, 2022 & 2030 (US$M)
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