Argentina Surgical Equipment Market Size & Outlook
Argentina surgical equipment market, 2018-2030 (US$M)
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Argentina surgical equipment market highlights
- The Argentina surgical equipment market generated a revenue of USD 221.3 million in 2023 and is expected to reach USD 460.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 11% from 2024 to 2030.
- In terms of segment, surgical sutures & staplers was the largest revenue generating product in 2023.
- Electrosurgical Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Surgical equipment market data book summary
| Market revenue in 2023 | USD 221.3 million |
| Market revenue in 2030 | USD 460.4 million |
| Growth rate | 11% (CAGR from 2023 to 2030) |
| Largest segment | Surgical sutures & staplers |
| Fastest growing segment | Electrosurgical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Sutures & Staplers, Handheld Surgical Devices, Electrosurgical Devices |
| Key market players worldwide | Johnson & Johnson, Zimmer Biomet Holdings Inc, B. Braun, Smith & Nephew PLC, Stryker Corp, Aspen Group Inc, Medtronic PLC, BD |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.3% of the global surgical 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 surgical equipment 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 504.7 million by 2030.
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Surgical Equipment Market Scope
Surgical Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina surgical 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 surgical equipment market will help companies and investors design strategic landscapes.
Surgical sutures & staplers was the largest segment with a revenue share of 46.05% in 2023. Horizon Databook has segmented the Argentina surgical equipment market based on surgical sutures & staplers, handheld surgical devices, electrosurgical devices covering the revenue growth of each sub-segment from 2018 to 2030.
The surgical equipment market in Argentina is anticipated to witness lucrative growth over the forecast period due to the large number of road accidents across the country and numerous surgeries being performed in major health facilities in Argentina.
Several individuals living in Argentina die each year due to traffic accidents. Thus, the number of road & traffic accidents occurring every year in Argentina is anticipated to fuel the demand for surgical equipment across the country. Furthermore, the availability of major healthcare facilities, such as hospitals and nonprofit organizations that can conduct major surgeries, is anticipated to support the market growth.
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Our clientele includes a mix of surgical equipment 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 surgical equipment market , including forecasts for subscribers. This country databook contains high-level insights into Argentina surgical equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina surgical equipment market size, by product, 2018-2030 (US$M)
Argentina Surgical Equipment Market Outlook Share, 2023 & 2030 (US$M)
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