Argentina Structural Heart Devices Market Size & Outlook
Argentina structural heart devices market, 2018-2030 (US$M)
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Argentina structural heart devices market highlights
- The Argentina structural heart devices market generated a revenue of USD 35.2 million in 2023 and is expected to reach USD 78.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 12.1% from 2024 to 2030.
- In terms of segment, tavr (transcatheter aortic valve replacement) was the largest revenue generating type in 2023.
- LAAC (Left Atrial Appendage Closure) is the most lucrative type segment registering the fastest growth during the forecast period.
Structural heart devices market data book summary
| Market revenue in 2023 | USD 35.2 million |
| Market revenue in 2030 | USD 78.2 million |
| Growth rate | 12.1% (CAGR from 2023 to 2030) |
| Largest segment | Tavr (transcatheter aortic valve replacement) |
| Fastest growing segment | LAAC (Left Atrial Appendage Closure) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | SAVR (Surgical Aortic Valve Replacement), TAVR (Transcatheter Aortic Valve Replacement), Mitral Repair (Annuloplasty), LAAC (Left Atrial Appendage Closure) |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Edwards Lifesciences Corp, Abbott Laboratories, St. Jude Medical, LivaNova PLC, Stryker Corp, Lepu Medical, Biomerics, CardioKinetix |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.3% of the global structural heart 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 structural heart 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 368.5 million by 2030.
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Structural Heart Devices Market Scope
Structural Heart Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina structural heart 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 structural heart devices market will help companies and investors design strategic landscapes.
Tavr (transcatheter aortic valve replacement) was the largest segment with a revenue share of 52.27% in 2023. Horizon Databook has segmented the Argentina structural heart devices market based on savr (surgical aortic valve replacement), tavr (transcatheter aortic valve replacement), mitral repair (annuloplasty), laac (left atrial appendage closure) covering the revenue growth of each sub-segment from 2018 to 2030.
In Argentina, the market for structural heart devices is witnessing significant growth driven by various factors. The increasing burden of CVDs in the country, with over 993 people per 100,000 affected by heart disease annually, underscores the demand for advanced cardiovascular devices like SAVR and TAVR.
These devices play a crucial role in treating heart conditions and reducing the risk of stroke. Key players in the Argentina cardiovascular devices market include W. L. Gore & Associates, Inc., Siemens Healthineers AG, Medtronic PLC, Canon Medical Systems Corporation, and Philips Healthcare.
Competitors in this market include companies like Medtronic PLC, Canon Medical Systems Corporation, Philips Healthcare, Abbott Laboratories, Nihon Kohden Corporation, and Welch Allyn Inc. The growth of this market is further fueled by advancements in medical technology and the increasing focus on healthcare infrastructure development in the region.
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Our clientele includes a mix of structural heart devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina structural heart devices market , including forecasts for subscribers. This country databook contains high-level insights into Argentina structural heart devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina structural heart devices market size, by type, 2018-2030 (US$M)
Argentina Structural Heart Devices Market Outlook Share, 2023 & 2030 (US$M)
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