Argentina Microcatheter Market Size & Outlook, 2020-2027
Argentina microcatheter market, 2016-2027 (US$M)
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Argentina microcatheter market highlights
- The Argentina microcatheter market generated a revenue of USD 45.7 million in 2020 and is expected to reach USD 64.5 million by 2027.
- The Argentina market is expected to grow at a CAGR of 5.1% from 2021 to 2027.
- In terms of segment, dual lumen was the largest revenue generating product design in 2020.
- Dual Lumen is the most lucrative product design segment registering the fastest growth during the forecast period.
Microcatheter market data book summary
| Market revenue in 2020 | USD 45.7 million |
| Market revenue in 2027 | USD 64.5 million |
| Growth rate | 5.1% (CAGR from 2020 to 2027) |
| Largest segment | Dual lumen |
| Fastest growing segment | Dual Lumen |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Lumen, Dual Lumen |
| Key market players worldwide | Medtronic PLC, Terumo Corp, Merit Medical Systems Inc, Stryker Corp, Penumbra Inc, Boston Scientific Corp, Teleflex Inc, Asahi Intecc Co Ltd, Surmodics Inc, BioCardia Inc |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.5% of the global microcatheter market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Latin America, Brazil microcatheter market is projected to lead the regional market in terms of revenue in 2027.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 113.9 million by 2027.
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Microcatheter Market Scope
Microcatheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina microcatheter 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 microcatheter market will help companies and investors design strategic landscapes.
Dual lumen was the largest segment with a revenue share of 64.77% in 2020. Horizon Databook has segmented the Argentina microcatheter market based on single lumen, dual lumen covering the revenue growth of each sub-segment from 2016 to 2027.
Argentina microcatheter market is anticipated to witness low growth over the forecast period due to lack of advanced healthcare settings and skilled professionals. Furthermore, less awareness among people regarding treatment of heart disease and stroke is expected to negatively impact the market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina microcatheter market , including forecasts for subscribers. This country databook contains high-level insights into Argentina microcatheter market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Argentina microcatheter market size, by product design, 2016-2027 (US$M)
Argentina Microcatheter Market Outlook Share, 2020 & 2027 (US$M)
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