Argentina Glucometer Market By Product Type (Continuous Glucose Monitoring (CGM) system, Self-Monitoring Blood Glucose (SMBG)), By Technique (Invasive, Non-Invasive), By Distribution Channel (Retail Pharmacies, Hospital Pharmacies, Online Sales), By End User (Individuals with Diabetes, Hospitals, Clinics, Diagnostic Centers) and By Region and Competition, Forecast & Opportunities, 2018-2028F
Published Date: October - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationArgentina Glucometer Market By Product Type (Continuous Glucose Monitoring (CGM) system, Self-Monitoring Blood Glucose (SMBG)), By Technique (Invasive, Non-Invasive), By Distribution Channel (Retail Pharmacies, Hospital Pharmacies, Online Sales), By End User (Individuals with Diabetes, Hospitals, Clinics, Diagnostic Centers) and By Region and Competition, Forecast & Opportunities, 2018-2028F
The first glucometers were developed in the 1970s, but they did not become widely found at until the 1980s. It is likely that glucometers became found at in Argentina around this time, as they were already being used in other countries.
Glucometer Accu-Chek Being a Significant Market Driver
The Argentine Diabetes Society (Sociedad Argentina de Diabetes) is a non-profit organization that works to promote diabetes awareness and education in the country.
Increasing Prevalence of Diabetes Growing the Market
According to the International Diabetes Federation (IDF), approximately 5.5 million people in Argentina have diabetes, which represents around 10.5% of the adult population. This makes diabetes a significant health concern in the country.
Healthcare spending in Argentina accounts for approximately 9-10% of GDP, among the highest in the region.
Rising Awareness about Diabetes
In Argentina, the prevalence of diabetes (in percent of the population aged 20 to 79 years) was 5.4% in 2021, as reported by the World Bank's collection of development indicators compiled from official sources. World Bank - Argentina - Diabetes prevalence (in percent of population aged 20-79 years) - actual figures, historical data, forecast and projections as of August, 2023..
Recent Developments
- in 2020, LifeScan, a subsidiary of Johnson & Johnson, acquired the assets of Pulsar Vascular, a medical device company that develops and manufactures vascular access products. While this acquisition is not directly related to the glucometer market, it demonstrates the ongoing consolidation and expansion of medical device companies in the healthcare sector in Argentina.
- in 2020, Roche introduced the Accu-Chek Guide, a new blood glucose monitoring system that comes with an app for tracking results and reminders for testing.
Market Segmentation
The Argentina Glucometer market can be segmented by Product Type, Technique, Distribution Channel, End User, and Region. Based on Product Type, the market can be segmented into Continuous Glucose Monitoring (CGM) system, Self-Monitoring Blood Glucose (SMBG) system. Based on Technique, the market can be segmented into Invasive, Non-Invasive. Based on Distribution Channel, the market can be grouped into Retail Pharmacies, Hospital Pharmacies, Online Sales. Based on End User, the market can be grouped into Individual with Diabetes, Hospitals, Clinics, Diagnostic Center.
Market Players
Roche
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | Product TypeTechniqueDistribution ChannelEnd User |
| Regional scope | Pampas, Litoral, Northwest, Sierras and Cuyo |
| Key companies profiled | Roche Diagnostics, Abbott Laboratories, LifeScan, Inc., Becton, Dickinson, & Co Ltd., Sanofi S.A., Johnson & Johnson Inc, Ascensia Diabetes Care Holdings AG, Terumo Corp, Ypsomed AG, Trividia Health, Inc/Argentina. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report, the Argentina Glucometer market has been segmented into the following categories, in addition to the industry trends which have also been detailed below
- Argentina Glucometer Market, By Product Type
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- Argentina Glucometer Market, By Technique
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- Argentina Glucometer Market, By Distribution Channel
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- Argentina Glucometer Market, By End User
- Argentina Glucometer Market, By Region
Competitive Landscape
Company Profiles
found at Customizations
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Company Information
- Detailed analysis and profiling of additional market players (up to five).
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