Argentina Sterilization Equipment Market Size & Outlook
Argentina sterilization equipment market, 2018-2030 (US$M)
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Argentina sterilization equipment market highlights
- The Argentina sterilization equipment market generated a revenue of USD 129.0 million in 2023 and is expected to reach USD 257.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
- In terms of segment, low-temperature sterilizers was the largest revenue generating product in 2023.
- Low-temperature sterilizers is the most lucrative product segment registering the fastest growth during the forecast period.
Sterilization equipment market data book summary
| Market revenue in 2023 | USD 129.0 million |
| Market revenue in 2030 | USD 257.6 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | Low-temperature sterilizers |
| Fastest growing segment | Low-temperature sterilizers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heat sterilizers, Low-temperature sterilizers, Sterile membrane filters, Radiation Sterilization Devices |
| Key market players worldwide | Steris PLC, Sotera Health Co Ordinary Shares, Cantel Medical, Fortive Corp, E-BEAM Services |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.7% of the global sterilization equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil sterilization equipment 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 536.6 million by 2030.
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Sterilization Equipment Market Scope
Sterilization Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina sterilization equipment 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 sterilization equipment market will help companies and investors design strategic landscapes.
Low-temperature sterilizers was the largest segment with a revenue share of 32.87% in 2023. Horizon Databook has segmented the Argentina sterilization equipment market based on heat sterilizers, low-temperature sterilizers, sterile membrane filters, radiation sterilization devices covering the revenue growth of each sub-segment from 2018 to 2030.
Growing healthcare expenditure is a factor driving the market in Argentina. For instance, according to International Trade Administration in 2022, health expenditure in Argentina accounts for approximately 9% to 10% of its GDP. According to export.gov, healthcare expenditure.
In Argentina is the highest in Latin America. Furthermore, increasing prevalence of chronic diseases is likely to drive the market. For instance, according to The Borgen Project, cardiovascular diseases account for 34% of deaths, which also includes risk factors such as obesity & high blood pressure.
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Target buyers of Argentina sterilization equipment market databook
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Our clientele includes a mix of sterilization equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina sterilization equipment market , including forecasts for subscribers. This country databook contains high-level insights into Argentina sterilization equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina sterilization equipment market size, by product, 2018-2030 (US$M)
Argentina Sterilization Equipment Market Outlook Share, 2023 & 2030 (US$M)
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