Argentina Artificial Organs And Bionics Market, 2022-2030
The artificial organs and bionics market in Argentina is expected to reach a projected revenue of US$ 663.5 million by 2030. A compound annual growth rate of 9.9% is expected of Argentina artificial organs and bionics market from 2023 to 2030.
Argentina artificial organs and bionics market highlights
The Argentina artificial organs and bionics market generated a revenue of USD 310.8 million in 2022 and is expected to reach USD 663.5 million by 2030.
The Argentina market is expected to grow at a CAGR of 9.9% from 2023 to 2030.
In terms of segment, artificial organ was the largest revenue generating product in 2022.
Artificial bionics is the most lucrative product segment registering the fastest growth during the forecast period.
Artificial organs and bionics market data book summary
Market revenue in 2022
USD 310.8 million
Market revenue in 2030
USD 663.5 million
Growth rate
9.9% (CAGR from 2022 to 2030)
Largest segment
Artificial organ
Fastest growing segment
Artificial bionics
Historical data
2018 - 2021
Base year
2022
Forecast period
2023 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Artificial Organ, Artificial bionics
Key market players worldwide
Zimmer Biomet Holdings Inc, Boston Scientific Corp, Cochlear Ltd, Edwards Lifesciences Corp, Ekso Bionics Holdings Inc, Medtronic PLC, Symbotic Inc Ordinary Shares - Class A, Johnson & Johnson, Berlin Heart GmbH, SynCardia Systems
Other key industry trends
In terms of revenue, Argentina accounted for 0.9% of the global artificial organs and bionics market in 2022.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Latin America, Brazil artificial organs and bionics 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 793.8 million by 2030.
The increasing number of patients on the waiting list and technological advancements in this field are expected to boost the demand for artificial organs in the country. The growing aging population and increasing incidence of chronic disease are expected to propel the total number of organ failures in the country, thereby increasing the demand for artificial organs.
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 Artificial Organs And Bionics Market will help companies and investors design strategic landscapes.
Artificial Organ was the largest segment with a revenue share of 70.59% in 2022.
Horizon Databook has segmented the Argentina artificial organs and bionics market based on artificial organ, artificial bionics covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing number of patients on the waiting list and technological advancements in this field are expected to boost the demand for artificial organs in the country. The growing aging population and increasing incidence of chronic disease are expected to propel the total number of organ failures in the country, thereby increasing the demand for artificial organs.
Argentina Artificial Organs And Bionics Market Product Outlook (Revenue, USD Million , 2018-2030)
Artificial Organ
Artificial bionics
Argentina Artificial Organs And Bionics Market Technology Outlook (Revenue, USD Million , 2018-2030)
Mechanical
Electronic
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina artificial organ and bionics, including forecasts for subscribers. This country databook contains high-level insights into Argentina artificial organ and bionics from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Argentina Artificial Organs And Bionics Market, 2018-2030 (US$M)