Market revenue in 2024 | USD 938.0 million |
Market revenue in 2030 | USD 2,148.9 million |
Growth rate | 14.8% (CAGR from 2024 to 2030) |
Largest segment | Chronic disease management |
Fastest growing segment | Remote Patient Monitoring (RPM) |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Chronic Disease Management, Post-operative Care, Remote Patient Monitoring (RPM), Other Applications |
Key market players worldwide | Koninklijke Philips NV, Fitbit, Intel Corp, Garmin Ltd, Covidien, OMRON Corp, Polar Electro, Everist Health, UltraLinq Healthcare Solutions, Sotera Health Co Ordinary Shares |
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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 wearable medical devices market will help companies and investors design strategic landscapes.
Chronic disease management was the largest segment with a revenue share of 32.51% in 2024. Horizon Databook has segmented the Argentina wearable medical devices market based on chronic disease management, post-operative care, remote patient monitoring (rpm), other applications covering the revenue growth of each sub-segment from 2018 to 2030.
Rising incidence of diabetes and increasing geriatric population are among the major factors driving the market growth in the country. For instance, according to International Diabetes Federation, in Argentina, the prevalence of diabetes was ~6.2%, and about 1,757,500 adults were living with diabetes in 2017.
Growing geriatric population is expected to increase the demand for home healthcare, which in turn may boost the demand for wearable medical devices in the country. However, lack of awareness about fitness & sufficient knowledge regarding the use of wearable medical devices among people may restrain the market growth in Argentina during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina wearable medical devices market , including forecasts for subscribers. This country databook contains high-level insights into Argentina wearable medical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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