Argentina Ppg Biosensors Market Size & Outlook, 2023-2030
Argentina ppg biosensors market, 2018-2030 (US$M)
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Argentina ppg biosensors market highlights
- The Argentina ppg biosensors market generated a revenue of USD 3.4 million in 2023 and is expected to reach USD 6.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10.1% from 2024 to 2030.
- In terms of segment, smart watches was the largest revenue generating product in 2023.
- Smart Watches is the most lucrative product segment registering the fastest growth during the forecast period.
Ppg biosensors market data book summary
| Market revenue in 2023 | USD 3.4 million |
| Market revenue in 2030 | USD 6.6 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Smart watches |
| Fastest growing segment | Smart Watches |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pulse Oximeters, Smart Watches, Wrist Bands |
| Key market players worldwide | Analog Devices Inc, Murata Manufacturing Co Ltd, Silicon Laboratories Inc, MediaTek Inc, Ams-OSRAM AG |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global ppg biosensors market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil ppg biosensors 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 20.3 million by 2030.
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PPG Biosensors Market Scope
PPG Biosensors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina ppg biosensors 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 ppg biosensors market will help companies and investors design strategic landscapes.
Smart watches was the largest segment with a revenue share of 44.12% in 2023. Horizon Databook has segmented the Argentina ppg biosensors market based on pulse oximeters, smart watches, wrist bands covering the revenue growth of each sub-segment from 2018 to 2030.
The COVID-19 pandemic significantly contributed to Argentina PPG biosensors monitor market in several ways. According to the WHO, from January 2020 to November 2023, Argentina witnessed approximately 10.07 million COVID-19 cases.
Hence, increased awareness of cardiovascular risks associated with the virus and a surge in the adoption of remote patient monitoring & telehealth driven individuals to seek home-based monitoring solutions. The pandemic-induced stress also contributed to a growing interest in monitoring vital signs at home, increasing the demand for personal health monitoring devices in Argentina.
Furthermore, the country is witnessing a gradual rise in the geriatric population. For instance, according to the World Bank Group, the geriatric population increased from 10% in 2000 to 12% in 2022. This demographic shift serves as a contributing factor to the prevalence of blood pressure and heart issues in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina ppg biosensors market , including forecasts for subscribers. This country databook contains high-level insights into Argentina ppg biosensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina ppg biosensors market size, by product, 2018-2030 (US$M)
Argentina PPG Biosensors Market Outlook Share, 2023 & 2030 (US$M)
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