Market revenue in 2024 | USD 165.6 million |
Market revenue in 2030 | USD 265.9 million |
Growth rate | 8.2% (CAGR from 2024 to 2030) |
Largest segment | Energy systems |
Fastest growing segment | Robot Assisted Systems |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Laparoscopes, Energy Systems, Trocars, Closure Devices, Suction/ Irrigation Device, Insufflation Device, Robot Assisted Systems, Hand Access Instruments |
Key market players worldwide | Karl Storz, Medtronic PLC, Johnson & Johnson, Olympus Corp, B. Braun, The Cooper Companies Inc, Richard Wolf, Hoya Corp, BD, Welfare Medical, DEAM, Intuitive Surgical Inc |
Energy systems was the largest segment with a revenue share of 23.25% in 2024. Horizon Databook has segmented the Argentina laparoscopic devices market based on laparoscopes, energy systems, trocars, closure devices, suction/ irrigation device, insufflation device, robot assisted systems, hand access instruments covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for laparoscopic devices in Argentina is increasing owing to factors such as growth in medical tourism, rise in geriatric population, advancements in healthcare system, and availability of skilled doctors, latest clinical facilities, & modern hospitals.
According to Tourism Review Media, approximately 47.0% of the patient population in Argentina is from Latin American countries and 7.0% from other countries. Thus, availability of technologically advanced treatments and cost-effective procedures is boosting demand for laparoscopic devices in Argentina.
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