Argentina Defibrillator Market Size & Outlook, 2024-2030
Argentina Defibrillator Market, 2018-2030 (US$M)
Global Report
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Argentina defibrillator market highlights
- The Argentina defibrillator market generated a revenue of USD 87.6 million in 2023 and is expected to reach USD 148.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, implantable cardioverter defibrillator (icd) was the largest revenue generating product in 2023.
- External Defibrillator is the most lucrative product segment registering the fastest growth during the forecast period.
Defibrillator market data book summary
| Market revenue in 2023 | USD 87.6 million |
| Market revenue in 2030 | USD 148.4 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Implantable cardioverter defibrillator (icd) |
| Fastest growing segment | External Defibrillator |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implantable Cardioverter Defibrillator (ICD), External Defibrillator |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.2% of the defibrillator market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil defibrillator 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 179.2 million by 2030.
The defibrillator market in Argentina is growing at a rapid rate. The government is taking initiatives to improve access to defibrillation in the country, thereby boosting the demand for defibrillators in public and private places.
For instance, in July 2022, the Ministry of Science, Technology, and Innovation established decree 402/2022 at the Technological Scientific Pole, through which the national government approved the regulation of Sudden Death Law 27,159.
The decree established that public and private places with public access with concentration or circulation of more than 1,000 people per day must have at least one AED. Early defibrillation in sudden death episodes can produce up to 70% survival rates.
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Publish Date: Oct 09, 2024
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Defibrillator Market Scope
Defibrillator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| Medtronic PLC | View profile | 95,000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | www.medtronic.com |
| Stryker Corp | View profile | 52,000 | 1941 Stryker Way, Portage, MI, United States, 49002 | www.stryker.com |
| Boston Scientific Corp | View profile | 48,000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | www.bostonscientific.com |
| Nihon Kohden Corp | View profile | 6,325 | 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 | www.nihonkohden.co.jp |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | www.biotronik.com/de-de |
| MicroPort Scientific Corp | View profile | 8,230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | www.microport.com |
| SCHILLER | View profile | 501-1000 | Feldkirchen, Bayern, Germany, Europe | www.schillermed.de/ |
| ZOLL Medical Corporation | View profile | 1001-5000 | Chelmsford, Massachusetts, United States, North America | www.zoll.com/ |
Argentina Defibrillator 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 Defibrillator Market Outlook will help companies and investors design strategic landscapes.
Implantable Cardioverter Defibrillator (Icd) was the largest segment with a revenue share of 51.71% in 2023.
Horizon Databook has segmented the Argentina defibrillator market based on implantable cardioverter defibrillator (icd), external defibrillator covering the revenue growth of each sub-segment from 2018 to 2030.
The defibrillator market in Argentina is growing at a rapid rate. The government is taking initiatives to improve access to defibrillation in the country, thereby boosting the demand for defibrillators in public and private places.
For instance, in July 2022, the Ministry of Science, Technology, and Innovation established decree 402/2022 at the Technological Scientific Pole, through which the national government approved the regulation of Sudden Death Law 27,159.
The decree established that public and private places with public access with concentration or circulation of more than 1,000 people per day must have at least one AED. Early defibrillation in sudden death episodes can produce up to 70% survival rates.
- Argentina Defibrillator Market Product Outlook (Revenue, USD Million , 2018-2030)
- Implantable Cardioverter Defibrillator (ICD)
- External Defibrillator
- Argentina Defibrillator Market end Use Outlook (Revenue, USD Million , 2018-2030)
- Hospital
- Pre hospital
- Public Access market
- Alternate care market
- Home healthcare
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina Defibrillator Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Argentina Defibrillator Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Argentina Defibrillator Market, 2018-2030 (US$M)
Argentina defibrillator market statistics, by product, 2018-2030 (US$M)
