Argentina Sinus Dilation Device Market Size & Outlook
Argentina sinus dilation device market, 2016-2030 (US$M)
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Argentina sinus dilation device market highlights
- The Argentina sinus dilation device market generated a revenue of USD 24.9 million in 2023 and is expected to reach USD 42.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, ballon sinus dilation devices was the largest revenue generating product in 2023.
- Functional Endoscopic Sinus Surgery (FESS) Instruments Set is the most lucrative product segment registering the fastest growth during the forecast period.
Sinus dilation device market data book summary
| Market revenue in 2023 | USD 24.9 million |
| Market revenue in 2030 | USD 42.6 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Ballon sinus dilation devices |
| Fastest growing segment | Functional Endoscopic Sinus Surgery (FESS) Instruments Set |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ballon Sinus Dilation Devices, Endoscopes, Sinus Stents/Implants, Functional Endoscopic Sinus Surgery (FESS) Instruments Set |
| Key market players worldwide | Medtronic PLC, Smith & Nephew PLC, Stryker Corp, Intersect ENT, Olympus Corp, Johnson & Johnson, TE Connectivity Ltd, SinuSys Corp., InnAccel |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global sinus dilation device market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil sinus dilation device 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 74.5 million by 2030.
Ballon sinus dilation devices was the largest segment with a revenue share of 47.79% in 2023. Horizon Databook has segmented the Argentina sinus dilation device market based on ballon sinus dilation devices, endoscopes, sinus stents/implants, functional endoscopic sinus surgery (fess) instruments set covering the revenue growth of each sub-segment from 2016 to 2030.
Healthcare spending in Argentina represents around 7.0% of its total GDP. Around 70.0%-75.0% of medical products in Argentina are imported. Argentina primarily imports medical devices from the U.S. It is one of the key markets for the U.S. in Latin America.
The U.S. is one of Argentina's noteworthy exporters and is positioned among the best three resource nations in the FDI. Furthermore, unavailability or limited availability of resources in Argentina has also restrained many major market players from entering the market.
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Sinus Dilation Device Market Scope
Sinus Dilation Device Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina sinus dilation device market size, by product, 2016-2030 (US$M)
Argentina Sinus Dilation Device Market Outlook Share, 2023 & 2030 (US$M)
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