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Argentina Medical Devices Report Q2 2016

Argentina Medical Devices Report Q2 2016

BMI View: The Argentine market will record a low US dollar 2014-2019 CAGR, reflecting a depreciationof the official exchange rate, particularly in 2016. Market drivers include increasing real GDP growthunder the new government of Mauricio Macri, a large population with a sizeable elderly group, theincreasing incidence of chronic diseases, a well developed healthcare system, a large amount ofinternational loan funding for healthcare, a backlog of healthcare investment needs, and import reliance.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 lowdollar growth will reflect a steady depreciation of the Argentine peso in 2016 as domestic firms increasespending on intermediate goods needed for production, boosting dollar outflows. Over a longer timehorizon, 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 ratewill reflect a steady depreciation of the official exchange rate. Imports increased by 34.5% to ARS5.9bnover 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 LatinAmerica. Export growth will be positive in local currency terms, but very low or negative in US dollarterms. Exports increased by 6.2% to ARS0.6bn over the 12-month period to June 2015, while theycontracted 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 forthe elderly population. There have been reports of shortages of pharmaceuticals, prostheses and beds inrecent months. PAMI's new director since December 2015, Carlos Regazzoni, aims to reduce PAMI'sdebt owed to suppliers.


BMI Industry View
Table: Projected Medical Device Market, 2014-2019
Latest Updates And Key Forecasts
SWOT
Medical Device Market
Industry Forecast
Medical Device Market Forecast
Latest Updates
Structural Trends
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
Consumables Market Forecast
Latest Updates
Structural Trends
Bandages & Dressings
Suturing Materials
Syringes, Needles & Catheters
Other Consumables
Table: Consumables Market, 2009-2019 (USDmn)
Table: Consumables Market, 2010-2019 (USDmn % Change)
Diagnostic Imaging Market Forecast
Latest Updates
Structural Trends
Electrodiagnostic Apparatus
Radiation Apparatus
Imaging Parts & Accessories
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
Dental Products Market Forecast
Latest Updates
Structural Trends
Capital Equipment
Instruments & Supplies
Table: Dental Products Market, 2009-2019 (USDmn)
Table: Dental Products Market, 2010-2019 (USDmn % Change)
Orthopaedics & Prosthetics Market Forecast
Latest Updates
Structural Trends
Fixation Devices
Artificial Joints
Other Artificial Body Parts
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn % Change)
Patient Aids Market Forecast
Latest Updates
Structural Trends
Portable Aids
Therapeutic Appliances
Table: Patient Aids Market, 2009-2019 (USDmn)
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
Other Medical Devices Market Forecast
Latest Updates
Structural Trends
Table: Other Medical Devices Market, 2009-2019 (USDmn)
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
Annual Medical Device Imports
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Import Trends By Product Area, 2014
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports By Product Area, Year To June 2015 (USDmn)
Annual Medical Device Exports
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Export Trends By Product Area, 2014
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
Monthly Medical Device Exports
Table: Monthly Medical Device Exports By Product Area, Year To June 2015 (USDmn)
Industry Risk/Reward Index
Market Overview
Medical Device Market Overview
Table: Medical Device Market, Key Ratios, 2014
Table: Medical Device Market By Product Area, 2014
Healthcare Overview
Health Status
Healthcare System
Healthcare Funding
Healthcare Resources
Healthcare Activity
Healthcare Personnel
Key Healthcare Data
Table: Key Healthcare Data, 2010-2015
Industry Trends And Developments
Industry Trends & Developments
Regulatory Development
Medical Device Regulations
Competent Authorities
Regulations
Table: Main Regulations
Registrations
Market Vigilance
Medical Device Pricing & Reimbursement
Reimbursement
Health Technology Assessment
Procurement
Competitive Landscape
Domestic Medical Device Production
Private Sector
Public Sector
National Medical Device Manufacturers
Multinational Medical Device Manufacturers
Multinational Market Activity
Table: Multinational Market Activity, 2016
Medical Device Market Access
Administrative Divisions
Trade Agreements
Trade Associations
Table: Members Of CAEHFA, 2015
Trade Shows
Methodology
Forecast Methodology
Trade Code Classifications
Table: Rearranged HS Trade Codes
Risk/Reward Index Methodology
Table: Medical Devices Risk/Reward Index Indicators
Sources
Contact

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