Argentina Thyroid Ablation Devices Market Size & Outlook
Argentina thyroid ablation devices market, 2018-2030 (US$M)
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Argentina thyroid ablation devices market highlights
- The Argentina thyroid ablation devices market generated a revenue of USD 3.9 million in 2023 and is expected to reach USD 7.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 10.4% from 2024 to 2030.
- In terms of segment, radiofrequency ablation was the largest revenue generating type in 2023.
- Radiofrequency Ablation is the most lucrative type segment registering the fastest growth during the forecast period.
Thyroid ablation devices market data book summary
| Market revenue in 2023 | USD 3.9 million |
| Market revenue in 2030 | USD 7.8 million |
| Growth rate | 10.4% (CAGR from 2023 to 2030) |
| Largest segment | Radiofrequency ablation |
| Fastest growing segment | Radiofrequency Ablation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiofrequency Ablation, Microwave Ablation |
| Key market players worldwide | Boston Scientific Corp, BVM Medical, Integra Lifesciences Holdings Corp, Johnson & Johnson, Medtronic PLC, Olympus Corp, Terumo Corp, Theraclion, Medwave, StarMed |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.3% of the global thyroid ablation 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 thyroid ablation devices 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 11.2 million by 2030.
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Thyroid Ablation Devices Market Scope
Thyroid Ablation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina thyroid ablation 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 thyroid ablation devices market will help companies and investors design strategic landscapes.
Radiofrequency ablation was the largest segment with a revenue share of 48.72% in 2023. Horizon Databook has segmented the Argentina thyroid ablation devices market based on radiofrequency ablation, microwave ablation covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare spending in Argentina represents around 9% to 10% of its total GDP. Around 70.0% to 75.0% of medical products in Argentina are imported. Argentina primarily imports medical devices from the U.S., which is one of its noteworthy exporters and positioned among the best three source nations in terms of FDI.
Furthermore, unavailability or limited availability of resources in Argentina has restricted many major market players from entering the market. This may restrain the country’s market growth. In Argentina, all devices are regulated by The National Administration of Drugs, Food and Medical Devices (ANMAT) and must be registered prior to being marketed.
ANMAT classifies devices into four categories: Class I, II, III, and IV. Manufacturers are required to comply with premarket approval process to market their products. They need to appoint a local representative of Argentina who would be held responsible for registration process.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina thyroid ablation devices market , including forecasts for subscribers. This country databook contains high-level insights into Argentina thyroid ablation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina thyroid ablation devices market size, by type, 2018-2030 (US$M)
Argentina Thyroid Ablation Devices Market Outlook Share, 2023 & 2030 (US$M)
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