Argentina Tumor Ablation Market Size & Outlook, 2023-2030
Argentina tumor ablation market, 2018-2030 (US$M)
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Argentina tumor ablation market highlights
- The Argentina tumor ablation market generated a revenue of USD 31.6 million in 2023 and is expected to reach USD 84.5 million by 2030.
- The Argentina market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
- In terms of segment, radiofrequency ablation was the largest revenue generating technology in 2023.
- Other Ablation Technologies is the most lucrative technology segment registering the fastest growth during the forecast period.
Tumor ablation market data book summary
| Market revenue in 2023 | USD 31.6 million |
| Market revenue in 2030 | USD 84.5 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | Radiofrequency ablation |
| Fastest growing segment | Other Ablation Technologies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiofrequency Ablation, Microwave Ablation, Cryoablation, Irreversible Electroporation, Other Ablation Technologies |
| Key market players worldwide | Medtronic PLC, Boston Scientific Corp, Johnson & Johnson, AngioDynamics Inc, Bioventus Inc Class A, Edap TMS SA ADR, Mermaid Medical, Chongqing Haifu Technology, HealthTronics, H.S. Hospital Service |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.9% of the global tumor ablation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil tumor ablation market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 84.5 million by 2030.
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Tumor Ablation Market Scope
Tumor Ablation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina tumor ablation 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 tumor ablation market will help companies and investors design strategic landscapes.
Radiofrequency ablation was the largest segment with a revenue share of 34.49% in 2023. Horizon Databook has segmented the Argentina tumor ablation market based on radiofrequency ablation, microwave ablation, cryoablation, irreversible electroporation, other ablation technologies covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare spending in Argentina accounts for approximately 7% of the total GDP. In this country, 70% to 75% of medical products are imported. The U.S. exports medical devices to Argentina as the country has the most technologically advanced products. Argentina remains a key market in Latin America in the U.S.
The U.S. is one of Argentina's noteworthy exporters and is among the three best FDI source countries. Imports of medical products must be performed by an importer registered with Administración Nacional de Medicamentos, Alimentos y Tecnología Médica (ANMAT), the Argentine equivalent to the U.S. FDA, as a frequent importer of medical devices.
Furthermore, collaborations between Argentine research institutions and international partners facilitate knowledge exchange and access to state-of-the-art imaging technologies, contributing to advancements in tumor ablation procedures.
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Our clientele includes a mix of tumor ablation 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 tumor ablation market , including forecasts for subscribers. This country databook contains high-level insights into Argentina tumor ablation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina tumor ablation market size, by technology, 2018-2030 (US$M)
Argentina Tumor Ablation Market Outlook Share, 2023 & 2030 (US$M)
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