Argentina Sterile Tubing Welder Market Size & Outlook
Argentina sterile tubing welder market, 2018-2030 (US$M)
Related Markets
Argentina sterile tubing welder market highlights
- The Argentina sterile tubing welder market generated a revenue of USD 21.0 million in 2022 and is expected to reach USD 31.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, blood processing was the largest revenue generating application in 2022.
- Blood Processing is the most lucrative application segment registering the fastest growth during the forecast period.
Sterile tubing welder market data book summary
| Market revenue in 2022 | USD 21.0 million |
| Market revenue in 2030 | USD 31.1 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Blood processing |
| Fastest growing segment | Blood Processing |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biopharmaceutical, Blood Processing, Diagnostic Laboratories, Other Applications |
| Key market players worldwide | Sartorius AG, Terumo Corp, GE HealthCare Technologies Inc Common Stock, Syngene, Flex Ltd, MGA Technologies, GenesisBPS, Sentinel Process Systems, LePure Biotech |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global sterile tubing welder market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil sterile tubing welder market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 56.6 million by 2030.
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Sterile Tubing Welder Market Scope
Sterile Tubing Welder Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina sterile tubing welder 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 sterile tubing welder market will help companies and investors design strategic landscapes.
Blood processing was the largest segment with a revenue share of 61.43% in 2022. Horizon Databook has segmented the Argentina sterile tubing welder market based on biopharmaceutical, blood processing, diagnostic laboratories, other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Import, manufacturing, and commercialization of sterile tubing welder devices in Argentina are regulated by the National Administration of Drugs and Food and Medical Technology (ANMAT). There have been significant changes in the regulatory framework of the country pertaining to the import and manufacturing of medical devices since 2013.
The country follows the MERCOSUR Technical Regulation for registration of medical devices. The sterile tubing welder market in the country is growing at a rapid rate and recent regulatory changes have also increased the demand for consulting services in areas of quality assurance & regulatory affairs.
Blood donors and volunteers play a critical role in sustaining the nation’s blood supply, providing patients across the country with lifesaving resources and care. This is expected to create growth opportunities for sterile tubing welder in the blood processing application.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina sterile tubing welder market, including forecasts for subscribers. This country databook contains high-level insights into Argentina sterile tubing welder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina sterile tubing welders market size, by application, 2018-2030 (US$M)
Argentina Sterile Tubing Welder Market Share, 2022 & 2030 (US$M)
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