Argentina Neonatal Critical Care Equipment Market Size & Outlook
Argentina neonatal critical care equipment market, 2018-2030 (US$M)
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Argentina neonatal critical care equipment market highlights
- The Argentina neonatal critical care equipment market generated a revenue of USD 8.4 million in 2023 and is expected to reach USD 16.5 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, other equipments was the largest revenue generating type in 2023.
- Phototherapy Equipment is the most lucrative type segment registering the fastest growth during the forecast period.
Neonatal critical care equipment market data book summary
| Market revenue in 2023 | USD 8.4 million |
| Market revenue in 2030 | USD 16.5 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Other equipments |
| Fastest growing segment | Phototherapy Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Thermoregulation Equipment, Phototherapy Equipment, Respiratory Devices, Neonatal Monitoring Devices, Other Equipments |
| Key market players worldwide | Draegerwerk AG & Co KGaA, Cardinal Health Inc, Koninklijke Philips NV, Medtronic PLC, GE HealthCare Technologies Inc Common Stock, Vyaire Medical, BD, Fisher & Paykel Healthcare Corp Ltd, Masimo Corp, Phoenix Group Holdings PLC, Natus Medical, Utah Medical Products Inc, Ambu A/S ADR |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.3% of the global neonatal critical care equipment market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil neonatal critical care equipment 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 16.5 million by 2030.
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Neonatal Critical Care Equipment Market Scope
Neonatal Critical Care Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina neonatal critical care equipment 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 neonatal critical care equipment market will help companies and investors design strategic landscapes.
Other equipments was the largest segment with a revenue share of 33.33% in 2023. Horizon Databook has segmented the Argentina neonatal critical care equipment market based on thermoregulation equipment, phototherapy equipment, respiratory devices, neonatal monitoring devices, other equipments covering the revenue growth of each sub-segment from 2018 to 2030.
The rising prevalence of neonatal mortality rate in Argentina is expected to drive the growth during the forecast period. Although the neonatal mortality rate is low in Argentina compared to other Latin American countries, the care services provided to such patients are expensive.
According to UNICEF data, the neonatal mortality rate in Argentina is around 5.133 deaths per 1,000 live births. Government policies and regulations related to healthcare, medical devices, and neonatal care are expected to affect the demand for neonatal care equipment positively, as the maximum number of medical devices and equipment are imported into the country.
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Our clientele includes a mix of neonatal critical care equipment market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina neonatal critical care equipment market , including forecasts for subscribers. This country databook contains high-level insights into Argentina neonatal critical care equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina neonatal critical care equipment market size, by type, 2018-2030 (US$M)
Argentina Neonatal Critical Care Equipment Market Outlook Share, 2023 & 2030 (US$M)
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