Argentina Instrumentation Sterilization Containers Market Size & Outlook
Argentina instrumentation sterilization containers market, 2018-2030 (US$M)
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Argentina instrumentation sterilization containers market highlights
- The Argentina instrumentation sterilization containers market generated a revenue of USD 4.3 million in 2023 and is expected to reach USD 6.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, sterilization containers was the largest revenue generating product in 2023.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Instrumentation sterilization containers market data book summary
| Market revenue in 2023 | USD 4.3 million |
| Market revenue in 2030 | USD 6.6 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Sterilization containers |
| Fastest growing segment | Accessories |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sterilization Containers, Accessories |
| Key market players worldwide | Aesculap, Medline Industries, Becton Dickinson & Co, DePuy Synthes, Integra LifeSciences, KLS Martin Group, Asel-Tech, Bahadir Medical Devices, MELAG medical technology, Case Medical |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.2% of the global instrumentation sterilization containers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil instrumentation sterilization containers 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 13.2 million by 2030.
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Instrumentation Sterilization Containers Market Scope
Instrumentation Sterilization Containers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina instrumentation sterilization containers 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 instrumentation sterilization containers market will help companies and investors design strategic landscapes.
Sterilization containers was the largest segment with a revenue share of 79.07% in 2023. Horizon Databook has segmented the Argentina instrumentation sterilization containers market based on sterilization containers, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare expenditure in Argentina constitutes approximately 9.0% to 10.0% of the total Gross Domestic Product (GDP), with about 70.0% to 75.0% of medical goods being imported. Within the medical equipment & device sector, imports account for an estimated 70% to 75% of the overall market, leaving the rest to local manufacturing.
The U.S. typically holds a market share of 20% to 25%, particularly in advanced technology products. Moreover, Argentina remains a crucial market for U.S. exports to Latin America and ranks among the top three trade partners historically, attracting significant foreign direct investment.
Furthermore, despite stringent currency regulations, high inflation, & low foreign investment, the country is still an attractive destination for medical device manufacturers. This is due to the high demand for imported essentials & specialized medical equipment, a reasonable regulatory approval timeline, and the country’s remarkable hospital capacity. Thus, the country represents lucrative growth opportunities for manufacturers of sterilization containers.
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Our clientele includes a mix of instrumentation sterilization containers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina instrumentation sterilization containers market , including forecasts for subscribers. This country databook contains high-level insights into Argentina instrumentation sterilization containers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina instrumentation sterilization containers market size, by product, 2018-2030 (US$M)
Argentina Instrumentation Sterilization Containers Market Outlook Share, 2023 & 2030 (US$M)
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