Argentina Medical Devices Report

Providing expert analysis, independent forecasts and competitive intelligence on the medical devices industry.

Report includes: BMI Industry View, Industry SWOT Analysis, Industry Forecasts, Industry Risk Reward Index, Regulatory Development, Competitive Landscape and Regional and Country Industry Overviews.

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Argentina Medical Devices Report
Product Price
$1,295.00

BMI View : The Argentine market will record a low US dollar 20 14-2019 CAGR, reflect ing a depreciation of the official exchange rate , particularly in 2016 . Market drivers include increasing real GDP growth under the new government of Mauricio Macri, a large population with a sizeable elderly group, the increasing incidence of chronic diseases, a well developed healthcare system, a large amount of international loan funding for healthcare, a backlog of healthcare investment needs, and import reliance.

Projected Medical Device Market, 2014-2019
Total (USDmn) Per Capita (USD) Total (Local Currency mn) Per Capita (Local Currency) Exchange Rate (Local Currency/USD)
Source: BMI
2014 729.9 17.5 5,929.4 141.8 8.1
2015 730.4 17.3 6,609.9 156.8 9.1
2016 632.3 14.9 7,904.2 186.0 12.5
2017 726.5 17.0 9,172.1 214.1 12.6
2018 778.1 18.0 10,115.2 234.3 13.0
2019 848.1 19.5 11,131.5 255.9 13.1

Latest Updates And Key Forecasts

  • We forecast that the market will record a low 2014-2019 CAGR of 3.0% in US dollar terms. The low dollar growth will reflect a steady depreciation of the Argentine peso in 2016 as domestic firms increase spending on intermediate goods needed for production, boosting dollar outflows. Over a longer time horizon, the peso will stabilise and gradually appreciate on the back of rising foreign direct investment.

  • Import growth will be lower in US dollar terms than in local currency terms. The lower dollar growth rate will reflect a steady depreciation of the official exchange rate. Imports increased by 34.5% to ARS5.9bn over the 12-month period to June 2015, while they rose by only 5.8% to USD0.7bn over the same period.

  • Exports will remain low in comparison to imports, despite strong export competitiveness in Latin America. Export growth will be positive in local currency terms, but very low or negative in US dollar terms. Exports increased by 6.2% to ARS0.6bn over the 12-month period to June 2015, while they contracted by 17.7% to less than USD0.1bn over the same period.

  • The new government will improve PAMI's financial situation in order to facilitate healthcare access for the elderly population. There have been reports of shortages of pharmaceuticals, prostheses and beds in recent months. PAMI's new director since December 2015, Carlos Regazzoni, aims to reduce PAMI's debt owed to suppliers.

BMI Industry View
7
Table: Projected Medical Device Market, 2014-2019
7
Latest Updates And Key Forecasts
7
SWOT
8
Medical Device Market
8
Industry Forecast
10
Medical Device Market Forecast
10
Latest Updates
10
Structural Trends
10
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
12
Consumables Market Forecast
16
Latest Updates
16
Structural Trends
16
Bandages & Dressings
16
Suturing Materials
17
Syringes, Needles & Catheters
17
Other Consumables
17
Table: Consumables Market, 2009-2019 (USDmn)
18
Table: Consumables Market, 2010-2019 (USDmn % Change)
19
Diagnostic Imaging Market Forecast
21
Latest Updates
21
Structural Trends
21
Electrodiagnostic Apparatus
21
Radiation Apparatus
22
Imaging Parts & Accessories
22
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
23
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
24
Dental Products Market Forecast
26
Latest Updates
26
Structural Trends
26
Capital Equipment
26
Instruments & Supplies
27
Table: Dental Products Market, 2009-2019 (USDmn)
27
Table: Dental Products Market, 2010-2019 (USDmn % Change)
28
Orthopaedics & Prosthetics Market Forecast
30
Latest Updates
30
Structural Trends
30
Fixation Devices
30
Artificial Joints
31
Other Artificial Body Parts
31
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
31
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn % Change)
32
Patient Aids Market Forecast
33
Latest Updates
33
Structural Trends
33
Portable Aids
33
Therapeutic Appliances
34
Table: Patient Aids Market, 2009-2019 (USDmn)
34
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
35
Other Medical Devices Market Forecast
37
Latest Updates
37
Structural Trends
37
Table: Other Medical Devices Market, 2009-2019 (USDmn)
38
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
39
Annual Medical Device Imports
40
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
44
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
45
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
47
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
48
Table: Detailed Medical Device Import Trends By Product Area, 2014
51
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
54
Monthly Medical Device Imports
58
Table: Monthly Medical Device Imports By Product Area, Year To June 2015 (USDmn)
58
Annual Medical Device Exports
59
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
62
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
63
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
65
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
66
Table: Detailed Medical Device Export Trends By Product Area, 2014
69
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
73
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
76
Monthly Medical Device Exports
79
Table: Monthly Medical Device Exports By Product Area, Year To June 2015 (USDmn)
79
Industry Risk/Reward Index
80
Market Overview
82
Medical Device Market Overview
82
Table: Medical Device Market, Key Ratios, 2014
82
Table: Medical Device Market By Product Area, 2014
83
Healthcare Overview
84
Health Status
84
Healthcare System
85
Healthcare Funding
87
Healthcare Resources
88
Healthcare Activity
90
Healthcare Personnel
90
Key Healthcare Data
91
Table: Key Healthcare Data, 2010-2015
91
Industry Trends And Developments
94
Industry Trends & Developments
94
Regulatory Development
97
Medical Device Regulations
97
Competent Authorities
97
Regulations
98
Table: Main Regulations
98
Registrations
100
Market Vigilance
100
Medical Device Pricing & Reimbursement
100
Reimbursement
100
Health Technology Assessment
101
Procurement
102
Competitive Landscape
103
Domestic Medical Device Production
103
Private Sector
103
Public Sector
103
National Medical Device Manufacturers
104
Multinational Medical Device Manufacturers
109
Multinational Market Activity
111
Table: Multinational Market Activity, 2016
111
Medical Device Market Access
114
Administrative Divisions
114
Trade Agreements
114
Trade Associations
114
Table: Members Of CAEHFA, 2015
115
Trade Shows
118
Methodology
119
Forecast Methodology
119
Trade Code Classifications
120
Table: Rearranged HS Trade Codes
121
Risk/Reward Index Methodology
124
Table: Medical Devices Risk/Reward Index Indicators
125
Sources
127
Contact
128

The Argentina Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a BMI Research's company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in Argentina provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Argentina Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Argentina, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in Argentina.
  • Target Business Opportunities in the Argentina Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Argentina.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.

Coverage

BMI Industry View

Provides industry, political and economic views. Briefly analyses the medical devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.

SWOT

SWOT analyses of the medical devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts

Evaluates and analyses the medical devices market in terms of historical and forecast trends, covering six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices. Additionally, presents annual and monthly import and export trade data.

Macroeconomic Forecasts

Presents macroeconomic forecasts impacting the medical devices market.

Industry Risk Reward Index

Risk Reward Indices tool, which provides a globally comparative and numerically based assessment of the medical devices market’s attractiveness.

Market Overview

Assesses the medical devices market in the current year. Additionally, covers healthcare trends shaping the market, focusing on health status, healthcare system, healthcare funding, healthcare resources, healthcare activity and healthcare personnel. Includes historical healthcare data.

Industry Trends & Developments

Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory developments

A focus on government healthcare reforms, epidemiological trends, mergers and acquisitions, product launches, market entries, FDI activity, R&D, biotechnology, clinical trials and supply chain issues.

Competitive Landscape

Values historical medical devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.

Methodology

Carefully explains the medical devices market methodology, trade classifications, Risk Reward Index methodology and sources used in the medical devices market Report.