Argentina Oxygen Therapy Market Size & Outlook, 2022-2030
Argentina oxygen therapy market, 2018-2030 (US$M)
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Argentina oxygen therapy market highlights
- The Argentina oxygen therapy market generated a revenue of USD 359.6 million in 2022 and is expected to reach USD 565.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, oxygen delivery devices was the largest revenue generating product in 2022.
- Oxygen Delivery Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Oxygen therapy market data book summary
| Market revenue in 2022 | USD 359.6 million |
| Market revenue in 2030 | USD 565.2 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Oxygen delivery devices |
| Fastest growing segment | Oxygen Delivery Devices |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oxygen Source Equipment, Oxygen Delivery Devices |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Inogen Inc, Smiths Group PLC, Fisher & Paykel Healthcare Corp Ltd, Koninklijke Philips NV, Allied Healthcare Products Inc, Teleflex Inc, Chart Industries Inc, Draegerwerk AG & Co KGaA, Niterra Co Ltd, Invacare, Hersill, DeVilbiss Healthcare, Tecno-Gaz |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.0% of the global oxygen therapy market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil oxygen therapy 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 565.2 million by 2030.
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Oxygen Therapy Market Scope
Oxygen Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina oxygen therapy 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 oxygen therapy market will help companies and investors design strategic landscapes.
Oxygen delivery devices was the largest segment with a revenue share of 52.81% in 2022. Horizon Databook has segmented the Argentina oxygen therapy market based on oxygen source equipment, oxygen delivery devices covering the revenue growth of each sub-segment from 2018 to 2030.
The Argentina oxygen therapy systems market is estimated to witness high growth in the coming years, which can be attributed to the growing incidence & prevalence of respiratory disorders, rising geriatric population, and rising prevalence of chronic diseases.
The oxygen therapy devices include CPAP & BiPAP devices, oxygen concentrators, oxygen cylinders, and oxygen masks. These are essential for healing patients with respiratory disorders. Patients with obstructive sleep apnea often use the CPAP and BiPAP devices.
Argentina's growing sleep apnea population and the presence of reimbursement coverage in this country are anticipated to fuel market expansion. In addition, according to the Global Health Data Exchange, Argentina registered 107,106 cases of COPD in 2017.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina oxygen therapy market , including forecasts for subscribers. This country databook contains high-level insights into Argentina oxygen therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina oxygen therapy market size, by product, 2018-2030 (US$M)
Argentina Oxygen Therapy Market Outlook Share, 2022 & 2030 (US$M)
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