Argentina Point-of-care Glucose Testing Market Size & Outlook
Argentina point-of-care glucose testing market, 2018-2030 (US$M)
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Argentina point-of-care glucose testing market highlights
- The Argentina point-of-care glucose testing market generated a revenue of USD 30.5 million in 2023 and is expected to reach USD 37.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 2.9% from 2024 to 2030.
- In terms of segment, accu-chek inform ii was the largest revenue generating product in 2023.
- Freestyle Lite is the most lucrative product segment registering the fastest growth during the forecast period.
Point-of-care glucose testing market data book summary
| Market revenue in 2023 | USD 30.5 million |
| Market revenue in 2030 | USD 37.1 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Accu-chek inform ii |
| Fastest growing segment | Freestyle Lite |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Accu Check Aviva Meter, Onetouch Verio Flex, I-STAT, Freestyle Lite, Bayer CONTOUR blood glucose monitoring system, True Metrix, Accu-Chek Inform II, StatStrip |
| Key market players worldwide | Roche, Abbott Laboratories, Nipro Corp, Nova Biomedical, ACON Laboratories, Bayer AG, EKF Diagnostics Holdings PLC |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global point-of-care glucose testing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil point-of-care glucose testing market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 70.5 million by 2030.
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Point-of-Care Glucose Testing Market Scope
Point-of-Care Glucose Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina point-of-care glucose testing 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 point-of-care glucose testing market will help companies and investors design strategic landscapes.
Accu-chek inform ii was the largest segment with a revenue share of 20.33% in 2023. Horizon Databook has segmented the Argentina point-of-care glucose testing market based on accu check aviva meter, onetouch verio flex, i-stat, freestyle lite, bayer contour blood glucose monitoring system, true metrix, accu-chek inform ii, statstrip covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing healthcare spending is a positive indicator for the adoption of novel diagnostic methods. The healthcare spending in Argentina represented 9.1% of its GDP in 2017, registering an increase of 7.5% as compared to 2016.
As per the IDF estimates, around 5% of the healthcare expenditure is dedicated to diabetes. IDF also stated that the prevalence of diabetes in the adult population is 9.3% in the country. Moreover, increasing adoption of POC tests in the healthcare facilities to provide timely diagnosis has resulted in market growth.
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Target buyers of Argentina point-of-care glucose testing market databook
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Our clientele includes a mix of point-of-care glucose testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 point-of-care glucose testing market , including forecasts for subscribers. This country databook contains high-level insights into Argentina point-of-care glucose testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Argentina point-of-care glucose testing market size, by product, 2018-2030 (US$M)
Argentina Point-of-Care Glucose Testing Market Outlook Share, 2023 & 2030 (US$M)
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