Argentina Intrathecal Pumps Market Size & Outlook
Argentina intrathecal pumps market, 2017-2030 (US$M)
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Argentina intrathecal pumps market highlights
- The Argentina intrathecal pumps market generated a revenue of USD 3.1 million in 2022 and is expected to reach USD 5.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.9% from 2023 to 2030.
- In terms of segment, morphine was the largest revenue generating type in 2022.
- Ziconotide is the most lucrative type segment registering the fastest growth during the forecast period.
Intrathecal pumps market data book summary
| Market revenue in 2022 | USD 3.1 million |
| Market revenue in 2030 | USD 5.3 million |
| Growth rate | 6.9% (CAGR from 2022 to 2030) |
| Largest segment | Morphine |
| Fastest growing segment | Ziconotide |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Baclofen, Bupivacaine, Clonidine, Morphine, Ziconotide, Other Type |
| Key market players worldwide | Medtronic PLC, Smiths Group PLC, Teleflex Inc, Johnson & Johnson, Medallion Therapeutics, Tricumed Medical Technology, Arrow International Inc, Flowonix |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global intrathecal pumps market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil intrathecal pumps 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 5.3 million by 2030.
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Intrathecal Pumps Market Scope
Intrathecal Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina intrathecal pumps 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 intrathecal pumps market will help companies and investors design strategic landscapes.
Morphine was the largest segment with a revenue share of 32.26% in 2022. Horizon Databook has segmented the Argentina intrathecal pumps market based on baclofen, bupivacaine, clonidine, morphine, ziconotide, other type covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing medical tourism in the country, attributed to open immigration policies and Medicina Argentina Initiative, aimed at increasing the influx of foreign patients, which is expected to boost the market demand for intrathecal pumps. According to the International Medical Travel Journal, Argentina hosted around 14,000 international patients, wherein the total spending was estimated to be USD 300 million on medical services and tourist activities.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina intrathecal pumps market, including forecasts for subscribers. This country databook contains high-level insights into Argentina intrathecal pumps market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina intrathecal pumps market size, by type, 2017-2030 (US$M)
Argentina Intrathecal Pumps Market Share, 2022 & 2030 (US$M)
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