Argentina Portable Medical Devices Market Size & Outlook
Argentina portable medical devices market, 2018-2030 (US$M)
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Argentina portable medical devices market highlights
- The Argentina portable medical devices market generated a revenue of USD 549.5 million in 2023 and is expected to reach USD 1,248.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, monitoring devices was the largest revenue generating product in 2023.
- Smart Wearable Medical Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Portable medical devices market data book summary
| Market revenue in 2023 | USD 549.5 million |
| Market revenue in 2030 | USD 1,248.9 million |
| Growth rate | 12.4% (CAGR from 2023 to 2030) |
| Largest segment | Monitoring devices |
| Fastest growing segment | Smart Wearable Medical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Wearable Medical Devices, Diagnostic Imaging, Therapeutics, Monitoring Devices |
| Key market players worldwide | GE Aerospace, OMRON Corp, Vyaire Medical, Samsung BioLogics, Koninklijke Philips NV, Medtronic PLC, Roche Holding AG, Nox Medical |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global portable medical devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil portable medical devices market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 2,501.9 million by 2030.
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Portable Medical Devices Market Scope
Portable Medical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina portable medical devices 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 portable medical devices market will help companies and investors design strategic landscapes.
Monitoring devices was the largest segment with a revenue share of 47.88% in 2023. Horizon Databook has segmented the Argentina portable medical devices market based on smart wearable medical devices, diagnostic imaging, therapeutics, monitoring devices covering the revenue growth of each sub-segment from 2018 to 2030.
The prevalence of obesity in Argentina is more than the regional averages of 30.7% for women and 22.8% for men, which are respectively 31.7% and 30.7%. Similarly, it is estimated that 10.5% of adult women and 10.6% of adult men have diabetes. According to the 2019 National Survey of Risk Factors, 33.1% of the population in the country is overweight and 32.4% is obese.
Nearly two-thirds of respondents (64.9%), compared to 55% in 2013, reported a poor level of physical exercise. The survey also indicated that 34.6% of respondents have hypertension. In addition, according to the most recent data .
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina portable medical devices market, including forecasts for subscribers. This country databook contains high-level insights into Argentina portable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina portable medical devices market size, by product, 2018-2030 (US$M)
Argentina Portable Medical Devices Market Share, 2023 & 2030 (US$M)
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