Argentina Perfusion Systems Market Size & Outlook
Argentina perfusion systems market, 2018-2030 (US$M)
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Argentina perfusion systems market highlights
- The Argentina perfusion systems market generated a revenue of USD 13.5 million in 2023 and is expected to reach USD 21.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.8% from 2024 to 2030.
- In terms of segment, cardiopulmonary perfusion system was the largest revenue generating application in 2023.
- Cardiopulmonary Perfusion System is the most lucrative application segment registering the fastest growth during the forecast period.
Perfusion systems market data book summary
| Market revenue in 2023 | USD 13.5 million |
| Market revenue in 2030 | USD 21.4 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Cardiopulmonary perfusion system |
| Fastest growing segment | Cardiopulmonary Perfusion System |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiopulmonary Perfusion System, Cell Perfusion System, Ex-Vivo Organ Perfusion System |
| Key market players worldwide | Getinge AB ADR, Medtronic PLC, LivaNova PLC, Terumo Corp, Nipro Corp, Fresenius Medical Care AG, Repligen Corp, Spectrum Brands Holdings Inc, Merck KGaA, Xvivo Perfusion AB |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.2% of the global perfusion systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil perfusion systems 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 21.4 million by 2030.
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Perfusion Systems Market Scope
Perfusion Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina perfusion systems 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 perfusion systems market will help companies and investors design strategic landscapes.
Cardiopulmonary perfusion system was the largest segment with a revenue share of 44.44% in 2023. Horizon Databook has segmented the Argentina perfusion systems market based on cardiopulmonary perfusion system, cell perfusion system, ex-vivo organ perfusion system covering the revenue growth of each sub-segment from 2018 to 2030.
The high operational results from the Cauchari-Olaroz lithium brine operation are driving the perfusion systems market growth in the country. In January 2024, Lithium Argentina announced the 2023 production results for the Cauchari-Olaroz project.
This news is significant in the global lithium market, as lithium is crucial in various industries, including the healthcare sector. The production results can have a direct impact on the perfusion systems market in Argentina. Perfusion systems are essential for organ preservation and cell culture applications in medical settings.
These systems require lithium-ion batteries for operation, as they need a reliable power source to maintain optimal conditions during procedures. Moreover, the presence of leading stem cell therapy providers in Argentina significantly impacts the perfusion systems market in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina perfusion systems market , including forecasts for subscribers. This country databook contains high-level insights into Argentina perfusion systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina perfusion systems market size, by application, 2018-2030 (US$M)
Argentina Perfusion Systems Market Outlook Share, 2023 & 2030 (US$M)
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