Argentina Magnetic Resonance Imaging Coils Market Size & Outlook
Argentina magnetic resonance imaging coils market, 2018-2030 (US$M)
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Argentina magnetic resonance imaging coils market highlights
- The Argentina magnetic resonance imaging coils market generated a revenue of USD 134.8 million in 2023 and is expected to reach USD 250.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, radiofrequency coil was the largest revenue generating type in 2023.
- Radiofrequency Coil is the most lucrative type segment registering the fastest growth during the forecast period.
Magnetic resonance imaging coils market data book summary
| Market revenue in 2023 | USD 134.8 million |
| Market revenue in 2030 | USD 250.4 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Radiofrequency coil |
| Fastest growing segment | Radiofrequency Coil |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiofrequency Coil, Gradient Coil |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Esaote, Bruker Corp |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.5% of the global magnetic resonance imaging coils market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil magnetic resonance imaging coils 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 436.4 million by 2030.
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Magnetic Resonance Imaging Coils Market Scope
Magnetic Resonance Imaging Coils Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina magnetic resonance imaging coils 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 magnetic resonance imaging coils market will help companies and investors design strategic landscapes.
Radiofrequency coil was the largest segment with a revenue share of 59.94% in 2023. Horizon Databook has segmented the Argentina magnetic resonance imaging coils market based on radiofrequency coil, gradient coil covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing prevalence of diabetes, obesity, and cardiovascular disorders in Argentina is expected to drive its market over the forecast period. For instance, as per International Diabetes Federation, the prevalence of diabetes in Argentinian adults is 6.1%, whereas, the total number of people suffering from diabetes was estimated to be 1,806,800.
As diabetes is expected to increase the risk of cardiovascular disorders, the rise in the prevalence of diabetes is estimated to propel the MRI coils market over the forecast period. In addition, the number of people suffering from cardiovascular disorders in Argentina is predicted to impel the market.
For instance, as per latest estimates by WHO, coronary heart disease death in Argentina can reach 17.64%, i.e., around 48,765 of the total deaths in the country. Thus, as a result of aforementioned factors, the market is anticipated to grow over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina magnetic resonance imaging coils market , including forecasts for subscribers. This country databook contains high-level insights into Argentina magnetic resonance imaging coils market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina magnetic resonance imaging coils market size, by type, 2018-2030 (US$M)
Argentina Magnetic Resonance Imaging Coils Market Outlook Share, 2023 & 2030 (US$M)
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