Business Monitor International


Argentina Medical Devices Report

Published 20 June 2014

  • 160 pages
 
$1,295.00
Argentina Medical Devices Report

Espicom Industry View: The Argentine medical device market ranks sixth in Latin America . Espicom forecas ts a low 2013-2018 CAGR of 4.8 % in U S dollar terms, affected by the projected depreciation of the local currency . 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 was valued at US$687.2mn in 2013, ranking sixth in Latin America. Diagnostic imaging, other medical devices and consumables have the largest market shares. Prior to the economic crisis, Argentina had the highest medical device expenditure per capita in Latin America, but it now lags behind, at US$17 in 2013. Espicom projects a 2013-2018 market CAGR of 4.8% in US dollar terms, affected by the projected depreciation of the local currency.

  • The market is dominated by medical device imports, primarily from the USA, China and Germany, therefore the trade balance remains negative. Imports for the latest 12 months to December 2013 contracted by 2.7% in US dollar terms over the previous 12 months to December 2012, to US$601.0mn. Consumables declined the fastest, followed by diagnostic imaging, dental products and orthopaedics & prosthetics. Other medical devices and patient aids, however, experienced rises.

  • Medical device exports for the latest 12 months to December 2013 rose by just 1.3% in US dollar terms over the previous 12 months to December 2012, reaching US$85.7mn. Diagnostic imaging, dental products and consumables recorded rises, whilst other medical devices, patient aids and orthopaedics & prosthetics registered falls.

  • Argentina has a relatively large domestic medical device sector, which is capable of supplying products in the low to medium technology...

Table of Contents

Espicom Industry View
7
SWOT
9
Medical Device Market
9
Political
10
Economic
11
Business Environment
12
Industry Forecast
14
Medical Device Market Forecast
14
2008-2013 Performance
14
2013-2018 Performance
15
Table: Projected Medical Device Market, 2013-2018
16
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
17
Consumables Market Forecast
20
Bandages & Dressings
20
Suturing Materials
20
Syringes, Needles & Catheters
21
Other Consumables
21
Table: Consumables Market, 2008-2018 (US$mn)
21
Table: Consumables Market, 2008-2018 (US$mn % Change)
22
Diagnostic Imaging Market Forecast
23
Electrodiagnostic Apparatus
24
Radiation Apparatus
24
Imaging Parts & Accessories
24
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
25
Table: Diagnostic Imaging Market, 2008-2018 (US$mn % Change)
26
Dental Products Market Forecast
27
Capital Equipment
28
Instruments & Supplies
28
Table: Dental Products Market, 2008-2018 (US$mn)
28
Table: Dental Products Market, 2008-2018 (US$mn % Change)
29
Orthopaedics & Prosthetics Market Forecast
30
Fixation Devices
31
Artificial Joints
31
Other Artificial Body Parts
31
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
31
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn % Change)
32
Patient Aids Market Forecast
33
Portable Aids
33
Therapeutic Appliances
33
Table: Patient Aids Market, 2008-2018 (US$mn)
34
Table: Patient Aids Market, 2008-2018 (US$mn % Change)
34
Other Medical Devices Market Forecast
35
Table: Other Medical Devices Market, 2008-2018 (US$mn)
37
Table: Other Medical Devices Market, 2008-2018 (US$mn % Change)
37
Annual Medical Device Imports
39
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s)
42
Table: Medical Device Imports By Product Area, 2008-2012 (US$000s % Change)
43
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s)
44
Table: Medical Device Imports By Product Area, 2008-2012 (Local Currency 000s % Change)
45
Table: Top 20 Medical Device Suppliers, 2012 (US$000s)
47
Table: Detailed Medical Device Imports By Product Area, 2008-2012 (US$000s)
48
Table: Detailed Medical Device Import Trends By Product Area, 2012
52
Table: Detailed Leading Medical Device Suppliers By Product Area, 2012 (US$000s)
55
Monthly Medical Device Imports
59
Table: Monthly Medical Device Imports By Product Area, January 2011-December 2013 (US$mn)
59
Annual Medical Device Exports
61
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s)
64
Table: Medical Device Exports By Product Area, 2008-2012 (US$000s % Change)
65
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s)
66
Table: Medical Device Exports By Product Area, 2008-2012 (Local Currency 000s % Change)
67
Table: Top 20 Medical Device Destinations, 2012 (US$000s)
69
Table: Detailed Medical Device Exports By Product Area, 2008-2012 (US$000s)
70
Table: Detailed Medical Device Export Trends By Product Area, 2012
73
Table: Detailed Leading Medical Device Destinations By Product Area, 2012 (US$000s)
77
Table: Detailed Medical Device Trade Balance, 2008-2012 (US$000s)
80
Monthly Medical Device Exports
83
Table: Monthly Medical Device Exports By Product Area, January 2011-December 2013 (US$mn)
83
Macroeconomic Forecasts
85
Table: Argentina - GDP By Expenditure
90
Industry Risk Reward Ratings
91
Table: Americas Medical Device Risk Reward Ratings, Q314
92
Market Overview
93
Medical Device Market Overview
93
Table: Medical Device Market, Key Ratios, 2013
94
Table: Medical Device Market By Product Area, 2013
94
Healthcare Overview
95
Health Status
95
Healthcare System
95
Healthcare Funding
99
Healthcare Resources
99
Healthcare Activity
100
Healthcare Personnel
100
Key Healthcare Data
101
Table: Key Healthcare Data, 2008-2013
101
Industry Trends And Developments
104
Industry Trends & Developments
104
Regulatory Development
106
Medical Device Regulations
106
Competent Authorities
106
Regulations
106
Market Vigilance
109
Medical Device Pricing & Reimbursement
109
National Health Technology Evaluation
109
National Procurement
109
PMOE
109
Competitive Landscape
111
Domestic Medical Device Production
111
National Medical Device Manufacturers
111
Multinational Medical Device Manufacturers
113
Multinational Market Activity
115
Table: Multinational Market Activity, 2014
115
Medical Device Market Access
116
Market Environment
116
Trade Agreements
117
Trade Associations
117
Table: Members Of CAEHFA, 2013
118
Trade Shows
121
Table: Exhibitors Attending EXPODENT, 2014
121
Methodology
123
Medical Device Market Methodology
123
Trade Code Classifications
124
Table: Used HS Trade Codes, 2014
124
Table: Rearranged HS Trade Codes, 2014
126
Risk/Reward Ratings Methodology
129
Table: Medical Devices Risk/Reward Ratings Indicators, 2014
130
Sources
131
Contact
132

The Argentina Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a Business Monitor International (BMI) 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 and 40+ specific product categories. In addition, presents annual and monthly import and export trade data.

Product Areas:

  • Consumables: medical dressings, suturing materials, syringes, needles & catheters, blood-grouping reagents, first-aid boxes & kits, ostomy products and surgical gloves.
  • Diagnostic Imaging: electrocardiographs, ultrasound, MRI, scintigraphic apparatus, other electrodiagnostic apparatus (i.e. patient monitors), CT scanners, other X-ray apparatus, ABC ray apparatus, contrast media, X-ray film, X-ray tubes and other imaging parts & accessories.
  • Dental Products: dental drills, dental chairs, dental X-ray, dental cements, dental instruments and teeth & other fittings.
  • Orthopaedics & Prosthetics: fixation devices, artificial joints and other artificial body parts.
  • Patient Aids: hearing aids, pacemakers, other portable aids (i.e. stents), mechano-therapy apparatus and therapeutic respiration apparatus.
  • Other Medical Devices: wheelchairs, ophthalmic instruments, hospital furniture, medical/surgical sterilisers, UV/IF apparatus, blood pressure monitors, endoscopy monitors, dialysis apparatus, transfusion apparatus and anaesthesia apparatus.

Macroeconomic Forecasts
Presents macroeconomic forecasts impacting the Medical Devices market.

Industry Risk Rewards Rankings
Industry Risk Rewards Rankings (IRRR) 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 intelligence affecting the market, including healthcare organisation, healthcare developments and health expenditure. Includes historical healthcare data, in terms of health status, health expenditure, health infrastructure, health services and health personnel.

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
Focuses on the latest regulatory developments, covering the competent authority, the latest regulations and marketing registrations. Also, reviews key pricing & reimbursement measures.

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.

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