Argentina Vacuum Blood Collection Tube Market Size & Outlook
Argentina vacuum blood collection tube market, 2018-2030 (US$M)
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Argentina vacuum blood collection tube market highlights
- The Argentina vacuum blood collection tube market generated a revenue of USD 22.2 million in 2023 and is expected to reach USD 26.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 2.5% from 2024 to 2030.
- In terms of segment, serum separating tube was the largest revenue generating type in 2023.
- Coagulation Tubes is the most lucrative type segment registering the fastest growth during the forecast period.
Vacuum blood collection tube market data book summary
| Market revenue in 2023 | USD 22.2 million |
| Market revenue in 2030 | USD 26.4 million |
| Growth rate | 2.5% (CAGR from 2023 to 2030) |
| Largest segment | Serum separating tube |
| Fastest growing segment | Coagulation Tubes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Serum Separating Tube, Plasma Separation Tubes, EDTA Tubes, Rapid Serum Tubes, Coagulation Tubes |
| Key market players worldwide | Sekisui Chemical Co Ltd, Becton Dickinson & Co, Cardinal Health Inc, Advin Health Care, AdvaCare Pharma |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global vacuum blood collection tube market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil vacuum blood collection tube 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 126.5 million by 2030.
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Vacuum Blood Collection Tube Market Scope
Vacuum Blood Collection Tube Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina vacuum blood collection tube 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 vacuum blood collection tube market will help companies and investors design strategic landscapes.
Serum separating tube was the largest segment with a revenue share of 30.63% in 2023. Horizon Databook has segmented the Argentina vacuum blood collection tube market based on serum separating tube, plasma separation tubes, edta tubes, rapid serum tubes, coagulation tubes covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is increasingly improving its healthcare spending to strengthen the accessibility and quality of healthcare provisions. This can be attributed to the accelerated financial commitment, leading to a heightened demand for medical apparatus and necessities, such as vacuum blood collection tubes.
Cervical cancer stands as the third most common cancer among women in Argentina and the second most common among those aged 15 to 44. Hence, the growing prevalence of cancer is anticipated to boost the demand for vacuum blood collection tubes.
In addition, in July 2023, the World Bank Board of Directors announced funding of nearly USD 50 million for Argentina. This funding aims to enhance access to public healthcare services, ensuring ongoing assistance for around 6.5 million residents of the Buenos Aires province with no private health insurance coverage. This increasing funding is further expected to boost the market in the region.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina vacuum blood collection tube market , including forecasts for subscribers. This country databook contains high-level insights into Argentina vacuum blood collection tube market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina vacuum blood collection tube market size, by type, 2018-2030 (US$M)
Argentina Vacuum Blood Collection Tube Market Outlook Share, 2023 & 2030 (US$M)
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