Espicom's in-depth medical device market reports are ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens . . .
Espicom's in-depth medical device market reports are ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year. With a population approaching 40 million, Argentina is the fourth largest country in Latin America, behind Brazil, Mexico and Colombia. Over one third of the population lives in the province of Buenos Aires, which contains the capital city.
Argentina remains amid a period of deep economic difficulty. Prior to the crisis which broke in 2002, the country was one of the richest in Latin America. Spiralling public debt, however, led to domestic recession and currency depreciation. This has hurt the medical equipment sector, which has faced the twin problems of rising import costs and ever tighter procurement budgets. This has hit access to healthcare in a market which is already noted for its complexity and inefficiency.
While the market is undoubtedly difficult, it remains sizeable; hospitals and clinics still function, and facilities are of a generally high standard. Around one third of Argentina's healthcare infrastructure is located in the Buenos Aires region, and this is where most of the demand will be based. Price will be, more than ever, a key factor in purchasers' decision making; it is notable that in the past couple of years, US importers have lost ground to cheaper suppliers in countries such as Brazil.