Argentina Remote Patient Monitoring Devices Market Size & Outlook
Argentina remote patient monitoring devices market, 2018-2030 (US$M)
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Argentina remote patient monitoring devices market highlights
- The Argentina remote patient monitoring devices market generated a revenue of USD 69.5 million in 2023 and is expected to reach USD 209.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 17.1% from 2024 to 2030.
- In terms of segment, specialized monitors was the largest revenue generating product in 2023.
- Vital Sign Monitors is the most lucrative product segment registering the fastest growth during the forecast period.
Remote patient monitoring devices market data book summary
| Market revenue in 2023 | USD 69.5 million |
| Market revenue in 2030 | USD 209.6 million |
| Growth rate | 17.1% (CAGR from 2023 to 2030) |
| Largest segment | Specialized monitors |
| Fastest growing segment | Vital Sign Monitors |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vital Sign Monitors, Specialized Monitors |
| Key market players worldwide | shenzhen mindray automation equipment co., Nihon Kohden Corp, OMRON Corp, OSI Systems Inc, Koninklijke Philips NV, Roche Holding AG ADR, Welch Allyn, Smiths Group PLC, Abbott Laboratories, Boston Scientific Corp, Draegerwerk AG & Co KGaA, GE HealthCare Technologies Inc Common Stock, Honeywell International Inc, Johnson & Johnson, BioTelemetry, Medtronic PLC, Masimo Corp, Vital Farms Inc Ordinary Shares, BIOTRONIK, American Well Corp Ordinary Shares - Class A, CareValidate |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.3% of the global remote patient monitoring 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 remote patient monitoring devices 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 787.3 million by 2030.
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Remote Patient Monitoring Devices Market Scope
Remote Patient Monitoring Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina remote patient monitoring 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 remote patient monitoring devices market will help companies and investors design strategic landscapes.
Specialized monitors was the largest segment with a revenue share of 82.59% in 2023. Horizon Databook has segmented the Argentina remote patient monitoring devices market based on vital sign monitors, specialized monitors covering the revenue growth of each sub-segment from 2018 to 2030.
Supportive government policies on telehealth and eHealth, adopted in 2010 and 2014 respectively, are facilitating market growth in this country. Furthermore, pre-service and in-service eHealth training provided to healthcare students and professionals alike is anticipated to increase digital literacy, thus facilitating market demand.
The rising incidence of diabetes and an increasing geriatric population are among the major factors driving market growth in the country. For instance, according to the International Diabetes Federation, in Argentina, the prevalence rate of diabetes was approximately 6.2%, and about 1,757,500 adults were living with diabetes in 2017.
These factors are likely to positively impact market growth in the country. Moreover, according to the World Bank, the geriatric population accounted for approximately 11.33% of the total population in Argentina in 2018, and it was approximately 11.19% in 2017.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina remote patient monitoring devices market , including forecasts for subscribers. This country databook contains high-level insights into Argentina remote patient monitoring devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina remote patient monitoring devices market size, by product, 2018-2030 (US$M)
Argentina Remote Patient Monitoring Devices Market Outlook Share, 2023 & 2030 (US$M)
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