Argentina Robotic Prosthetics Market Size & Outlook
Argentina robotic prosthetics market, 2016-2030 (US$M)
Related Markets
Argentina robotic prosthetics market highlights
- The Argentina robotic prosthetics market generated a revenue of USD 8.8 million in 2023 and is expected to reach USD 17.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10.6% from 2024 to 2030.
- In terms of segment, mpc prosthetics was the largest revenue generating extremities in 2023.
- Myoelectrical Prosthetics is the most lucrative extremities segment registering the fastest growth during the forecast period.
Robotic prosthetics market data book summary
| Market revenue in 2023 | USD 8.8 million |
| Market revenue in 2030 | USD 17.7 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Mpc prosthetics |
| Fastest growing segment | Myoelectrical Prosthetics |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | MPC Prosthetics, Myoelectrical Prosthetics |
| Key market players worldwide | Ottobock, Touch Bionics, HDT Global, Ossur, Endolite India, Shadow Robot |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.6% of the global robotic prosthetics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil robotic prosthetics 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 17.7 million by 2030.
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Robotic Prosthetics Market Scope
Robotic Prosthetics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina robotic prosthetics 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 robotic prosthetics market will help companies and investors design strategic landscapes.
Mpc prosthetics was the largest segment with a revenue share of 55.68% in 2023. Horizon Databook has segmented the Argentina robotic prosthetics market based on mpc prosthetics, myoelectrical prosthetics covering the revenue growth of each sub-segment from 2016 to 2030.
Argentina is one of the most advanced Latin American countries in terms of regulatory legislation. It is a lucrative market for contract research, owing to its favorable regulatory guidelines, cost compliance, and established clinical infrastructure.
The country has aligned its regulations on clinical research with international standards & requirements, which enable laboratories to conduct clinical trials for big medical device companies from developed economies. It is expected that medical device companies may begin outsourcing clinical trials to Argentina to take advantage of cost-effectiveness, time-saving, & expertise while maintaining compliance with international standards such as the Good Clinical Practices & Good Laboratory Practices.
These factors are expected to increase the interest of CRO and CDMO in developing medical devices in Argentina, thus creating a competitive environment among players in the country. Some key players operating in the country are Genpact., ICON plc, and Frey.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina robotic prosthetics market , including forecasts for subscribers. This country databook contains high-level insights into Argentina robotic prosthetics market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina robotic prosthetics market size, by extremities, 2016-2030 (US$M)
Argentina Robotic Prosthetics Market Outlook Share, 2023 & 2030 (US$M)
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