Argentina Pta Balloon Catheter Market Size & Outlook
Argentina pta balloon catheter market, 2018-2030 (US$M)
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Argentina pta balloon catheter market highlights
- The Argentina pta balloon catheter market generated a revenue of USD 24.0 million in 2023 and is expected to reach USD 49.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, nylon was the largest revenue generating material type in 2023.
- Polyurethane is the most lucrative material type segment registering the fastest growth during the forecast period.
Pta balloon catheter market data book summary
| Market revenue in 2023 | USD 24.0 million |
| Market revenue in 2030 | USD 49.1 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Nylon |
| Fastest growing segment | Polyurethane |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nylon, Polyurethane, Other Material Type |
| Key market players worldwide | Medtronic PLC, Terumo Corp, Cardinal Health Inc, Boston Scientific Corp, Traeger Inc, BIOTRONIK, Surmodics Inc |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global pta balloon catheter market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico pta balloon catheter 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 49.1 million by 2030.
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PTA Balloon Catheter Market Scope
PTA Balloon Catheter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina pta balloon catheter 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 pta balloon catheter market will help companies and investors design strategic landscapes.
Nylon was the largest segment with a revenue share of 49.17% in 2023. Horizon Databook has segmented the Argentina pta balloon catheter market based on nylon, polyurethane, other material type covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of diabetes and obesity in Argentina is a major factor expected to drive market growth over the forecast period. For instance, according to International Diabetes Federation, the prevalence rate of diabetes in the country was 6.1% and around 1,806,800 cases of diabetes in adults were reported as of February 2022.
In addition, as per the survey conducted by Fundación InterAmericana del Corazón, around 66.10% of adults in Argentina suffered from obesity-related problem in 2018. Since diabetes and obesity increase the risk of developing cardiovascular diseases, rise in the prevalence of diabetes & obesity are anticipated to propel market growth.
However, lack of advanced healthcare settings and shortage of skilled professionals in the country are factors likely to impede market growth. Furthermore, low awareness about the treatment of cardiac disorders is expected to negatively impact market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina pta balloon catheter market , including forecasts for subscribers. This country databook contains high-level insights into Argentina pta balloon catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina pta balloon catheter market size, by material type, 2018-2030 (US$M)
Argentina PTA Balloon Catheter Market Outlook Share, 2023 & 2030 (US$M)
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