Argentina Cardiovascular Devices Market, By Type (Diagnostic & Monitoring Devices, Surgical Devices), By Application (Coronary Artery Disease, Cardiac Arrhythmia, Heart Failure, and Others), By End User (Hospitals & Clinics, Diagnostic Centers, and Others), By Source (Domestic, Import), By Region, Competition, Forecast and Opportunities, 2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationArgentina Cardiovascular Devices Market, By Type (Diagnostic & Monitoring Devices, Surgical Devices), By Application (Coronary Artery Disease, Cardiac Arrhythmia, Heart Failure, and Others), By End User (Hospitals & Clinics, Diagnostic Centers, and Others), By Source (Domestic, Import), By Region, Competition, Forecast and Opportunities, 2028
According to
There are several new technological advancements that incorporate artificial intelligence and remote monitoring capabilities to improve patient outcome. The development of new and innovative cardiovascular devices is driving the growth of Argentina cardiovascular devices market.
Also, there has been an increased awareness and access to healthcare services in Argentina, which has led to more people seeking treatment for cardiovascular diseases.
Increasing Mortality Drives Market Growth
According to the World Health Organization, cardiovascular diseases account for over 30% of deaths in Argentina.
According to the World Health Organization, in 2020, around 70% of the Argentine population had access to basic healthcare services
Increasing Prevalence of Hypertension, Smoking, Diabetes, and Obesity Promises Market Growth
Hypertension, smoking, diabetes, and obesity are major risk factors for cardiovascular diseases, which drives the demand for cardiovascular devices in the Argentina market. These conditions increase the likelihood of developing cardiovascular diseases, such as coronary artery disease, heart failure, and stroke. The prevalence of these conditions is increasing in Argentina, which is leading to a rise in the demand for cardiovascular devices.
it is estimated that around 20% population in Argentina who has hypertension, smokes.
Around 10% of Argentina's adult population have diabetes
Change in Lifestyles Drive the Market Growth
According to a 2019 survey conducted by the Argentine Society of Cardiology, around 57% of adults in Argentina reported engaging in regular physical activity, which is a positive step towards making healthy lifestyle choices.
Recent Developments
- In 2020, Medtronic acquired Digital Surgery, a UK-based company that provides AI-enabled surgical planning, simulation, and training tools. The acquisition is part of Medtronic's strategy to develop and integrate digital technologies into its products and services.
- In 2020, healthcare company Philips launched its Azurion image-guided therapy platform in Argentina. The platform combines advanced imaging technology with real-time procedural guidance to help clinicians perform minimally invasive procedures more safely and effectively.
- In 2019, medical device company Boston Scientific acquired the privately held company BTG plc, which develops and manufactures minimally invasive therapies for cancer and other diseases. The acquisition expanded Boston Scientific's portfolio of minimally invasive technologies and strengthened its position in the global medical device market.
Market Segmentation
The Argentina cardiovascular devices market can be segmented based on type, application, end user, source, and region. Based on type, the market can be segmented into diagnostic & monitoring devices and surgical devices. Based on application, the market can be grouped into coronary artery disease, cardiac arrhythmia, heart failure, and others. Based on end user, the market can be grouped into hospitals & clinics, diagnostic centers, and others. Based on source, the market can be grouped into domestic and import. Based on region, the market can be grouped into Pampas, Litoral, Northwest, Sierras, and Cuyo.
Market Players
Boston Scientific Corporation, Medtronic, Inc., Abbott Laboratories, Biotronik SE & Co. KG, Edwards Lifesciences Corporation, Terumo Corporation, Microport Scientific Corporation, Cardinal Health, Inc., and Cook Medical LLC/Argentina are some of the leading players operating in the Argentina cardiovascular devices market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | Type Application End User Source |
| Regional Scope | Pampas, Litoral, Northwest, Sierras, and Cuyo |
| Key Companies Profiled | Boston Scientific Corporation, Medtronic, Inc., Abbott Laboratories, Biotronik SE & Co. KG, Edwards Lifesciences Corporation, Terumo Corporation, Microport Scientific Corporation, Cardinal Health, Inc., Cook Medical LLC/Argentina |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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