Fast Market Research

Recently Released Market Study: The Medical Device Market: Argentina

Fast Market Research recommends "The Medical Device Market: Argentina" from Espicom Business Intelligence, now available

 
Repost This

Boston, MA -- (SBWIRE) -- 04/04/2014 -- Espicom Industry View: The Argentine medical device market ranks fifth in Latin America . Espicom forecas ts a high 2013-2018 CAGR of 10.9 % in U S dollar terms, fuelled by increasing health expenditure . Medical device imports are very high , although a relatively large domestic medical device sector is operational . The country has recovered from a severe economic crisis in 2002 but has not resolved its long-standing macroeconomic imbalances, which will affect the medical device market in the long-term.

Headline Industry Forecasts

The Argentine medical device market is valued at US$692.1mn in 2013, ranking fifth in Latin America. Diagnostic imaging accounts for 28.0% of the total, followed by other medical devices (19.9%), consumables (17.5%), patient aids (17.4%), orthopaedics & prosthetics (13.1%) and dental products (4.2%). Prior to the economic crisis, Argentina had the highest medical expenditure per capita in Latin America, but it now lags behind Venezuela, Chile, Mexico, Brazil and Colombia, at US$16.7 in 2013. Espicom projects a 2013-2018 market CAGR of 10.9% in US dollar terms.
The market is dominated by medical device imports, primarily from the European Union, the USA and China, therefore the trade balance remains negative. Imports for the latest 12 months to May 2013 increased by 5.9% in US dollar terms over the previous 12 months to May 2012, reaching US$640.0mn. Diagnostic imaging grew the fastest at 11.7%, followed by consumables (10.1%), other medical devices (8.8%) and orthopaedics & prosthetics (2.2%). Dental products fell by 4.0%, followed by patient aids (-3.5%).
Medical device exports for the latest 12 months to May 2013 fell by 25.4% in US dollar terms over the previous 12 months to May 2012, to US$79.4mn.
MAKING YOUR MARKET RESEARCH INVESTMENT WORK WITH POWERFUL ONLINE TOOLS

View Full Report Details and Table of Contents

At no additional cost, all customers get access to Espicom Interactive. This advanced online service is easy-to-use and contains practical and valuable tools which will save you hours of time and effort.

Full text cross file searching with fast response or intuitive "drill down" into the content
Presentation-ready tables and graphics with "one click" output to other packages such as MS Excel and MS PowerPoint
View all tables and graphs independently from the text
Split screen for more efficient working
Instant machine translation into nine languages
A "Cut your own" report building feature
Pdf download
WITH THIS MARKET REPORT YOU CAN

Evaluate the potential of the market
Assess risks and opportunities on the basis of knowledge
Profile the market for new product, licences or collaborations
Understand the operating and regulatory environment
Gain a complete picture on health expenditure and infrastructure
Review the competitive environment

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Medical Devices research reports at Fast Market Research

You may also be interested in these related reports:

- The Medical Device Market: France
- The Medical Device Market: Brazil
- The Medical Device Market: South Korea
- The Medical Device Market: Spain
- The Medical Device Market: China
- The Medical Device Market: Mexico
- The Medical Device Market: UK
- The Medical Device Market: Italy
- The Medical Device Market: Malaysia
- The Medical Device Market: Germany