Argentina Defibrillator Market Size & Outlook, 2024-2030
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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 global 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.
Implantable cardioverter defibrillator (icd) was the largest segment with a revenue share of 51.71% in 2024. 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.
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Defibrillator Market Scope
Defibrillator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ZOLL Medical Corporation | View profile | 1001-5000 | Chelmsford, Massachusetts, United States, North America | http://www.zoll.com/ |
| SCHILLER | View profile | 501-1000 | Feldkirchen, Bayern, Germany, Europe | https://www.schillermed.de/ |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | https://www.biotronik.com/de-de |
| Nihon Kohden Corp | View profile | 6325 | 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 | http://www.nihonkohden.co.jp |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Argentina defibrillator market size, by product, 2018-2030 (US$M)
Argentina Defibrillator Market Outlook Share, 2024 & 2030 (US$M)
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