CountryFocus: Healthcare, Regulatory and Reimbursement Landscape - Argentina

  • ID: 4429118
  • Report
  • Region: Argentina
  • 147 pages
  • GlobalData
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CountryFocus: Healthcare, Regulatory and Reimbursement Landscape - Argentina

Summary

Pharmaceutical market increased from over US$3 Billion in 2009 to around US$6.5 Billion in 2016, at a Compound Annual Growth Rate (CAGR) of nearly 10%. It is expected to cross US$10 Billion in 2021 at a CAGR of about 10%. In 2009, the medical device market was valued at just over US$1 Billion. It grew at a CAGR of 4% between 2009 and 2016 and reached around US$1.3 Billion. It is expected to grow at a CAGR of about 5%, from around US$1.4 Billion in 2017 to over US$1.7 Billion in 2021.

Argentina is the third-largest pharmaceutical market in Latin America after Brazil and Mexico. With a relatively low-cost base and high-quality professionals in the biotechnology sector, Argentina is home to over 130 biotechnology companies. It is considered a favorable source for cost-effective clinical trials within Latin America. It is one of the first Latin American countries to implement the recommendations of the World Health Organization (WHO) Good Manufacturing Practices and Control standards, which endorse compliance to an international set of quality standards for pharmaceutical production.

Between 2009 and 2016 the population increased at a CAGR of 1.2% to 43.60 million. Between 2017 and 2021, it is forecast to increase at a CAGR of around 1.1% to 46.13 million. The 15-64 and 65-and-above age groups accounted for the largest portions of the population, and their percentage is expected to increase by 2021, indicating that the overall life expectancy for males and females will continue to increase over the next decade. This means that the percentage of inhabitants at risk of acquiring medical aliments will also increase. This has been a factor in the double-digit growth of the market.

Argentina is one of South America's largest economies. It has a well-educated workforce and is rich in natural resources. In 2016, its GDP per capita was estimated to be more than US$12,000. It is forecast to cross US$18,000 in 2021. A new government was elected in 2015 and has implemented policies aimed at slashing public spending, opening Argentina’s doors to foreign investment and lifting currency controls.

The report "CountryFocus: Healthcare, Regulatory and Reimbursement Landscape - Argentina", provides an overview of the pharmaceutical and medical device market of Argentina, including the market size; market segmentation by generic, Over-The-Counter (OTC), biologic and biosimilar products; and the key drivers and barriers for the market. The section also includes profiles of the major companies, including a SWOT assessment.

In depth, this report provides the following analysis:
  • Covers the country’s reimbursement and payer landscape, as well as the regulatory landscape. The reimbursement and payer landscape section elaborates on the features of the healthcare reimbursement process for Argentina.
  • Includes details of the reimbursement process, insurance providers, pricing policies and drug price trends. The regulatory landscape section provides an overview of the regulatory agencies and approval processes for new drugs and medical devices.
  • Provides a detailed analysis of the political and economic environment of Argentina. It analyzes its economic indicators, demographics, healthcare infrastructure and healthcare expenditure.
  • Provides an overview of the opportunities and challenges for growth that exist in the healthcare market of Argentina.
Scope

The report provides information on the healthcare, regulatory, and reimbursement landscape in Argentina, and includes:
  • An overview of the pharmaceutical and medical device markets, comprising market size, segmentation, and key drivers and barriers
  • Profiles and SWOT analyses of the major players in the pharmaceutical market: Roemmers, Bago, Gador, Bayer and Pfizer; and of major players in the medical device market: Sonova, Siemens Healthineers, GN Hearing, Cochlear and William Demant Holding
  • An insightful review of the reimbursement and regulatory landscape, with analysis covering details of the country’s healthcare reimbursement process, regulatory agencies and the approval processes for new drugs and medical devices
  • Detailed analysis of the country’s political and economic environment, covering economic indicators, demographics, healthcare infrastructure and healthcare expenditure
  • An overview of the opportunities for and challenges to growth in the Argentina’s healthcare market
Reasons to buy

This report will enhance your decision-making capability by allowing you to:
  • Develop business strategies by understanding the trends shaping and driving Argentina’s healthcare market
  • Drive revenues by understanding the key trends, reimbursement and regulatory policies, pharmaceutical market segments and companies likely to impact Argentina’s healthcare market in the future
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and analyzing competitors’ performance
  • Organize your sales and marketing efforts by identifying the market categories and segments that present the most opportunities for consolidation, investment and strategic partnership
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1 Table of Contents

2 Executive Summary

3 Introduction
3.1 Report Guidance

4 Overview of the Pharmaceutical and Medical Device Markets
4.1 Pharmaceutical Market
4.1.1 Market Overview
4.1.2 Pharmaceutical Imports and Exports
4.1.3 Supply Channels
4.1.4 Market Segments
4.1.5 Overview of Major Therapeutic Areas
4.1.6 Major Players
4.2 Medical Device Market
4.2.1 Market Overview
4.2.2 Overview of Top Five Segments
4.2.3 Major Players
4.3 Market Drivers and Barriers
4.3.1 Drivers
4.3.2 Barriers

5 Market Access
5.1 Reimbursement and Payer Landscape
5.1.1 Overview of Healthcare System
5.1.2 Reimbursement Process
5.1.3 Overview of Insurance Providers
5.1.4 Patient Share in Healthcare Spending
5.1.5 Pricing Policies
5.2 Regulatory Landscape
5.2.1 Overview of Regulatory Agencies
5.2.2 Market Authorization Procedure for Pharmaceutical Products
5.2.3 New Medical Device Approval Process
5.2.4 Exports and Imports
5.2.5 Intellectual Property Rights
5.2.6 Clinical Trial Regulations
5.2.7 Pharmaceutical Advertising Regulations
5.2.8 Pharmacy Regulations
5.2.9 Prescription by Active Ingredient Name
5.2.10 Labeling and Packaging Regulations

6 Country Analysis
6.1 Political Environment
6.1.1 Political Structure
6.1.2 Analysis of the Current Political Environment
6.1.3 Healthcare Policy Initiatives
6.2 Economic Landscape
6.3 Economic Indicators
6.3.1 Gross Domestic Product
6.3.2 Gross National Income
6.3.3 Inflation
6.3.4 Currency Exchange Rate
6.3.5 Foreign Direct Investment
6.3.6 Foreign Exchange Reserves
6.3.7 Trade Balance
6.3.8 General Government Structural Balance
6.3.9 General Government Net Debt
6.3.10 Major Industries
6.4 Demographics
6.4.1 Population
6.4.2 Urban-Rural Share
6.4.3 Distribution by Age Group
6.4.4 Birth Rate
6.4.5 Mortality
6.4.6 Causes of Mortality
6.4.7 Health Status by Gender and Age
6.4.8 Education and Literacy
6.4.9 Employment
6.4.10 Disease Burden
6.5 Healthcare Infrastructure
6.5.1 Healthcare Facilities
6.5.2 Healthcare Parameters
6.5.3 Environmental Health
6.5.4 Healthcare Personnel
6.6 Healthcare Expenditure
6.6.1 Overview
6.6.2 Public-Private Sector Share
6.7 Trade Associations
6.7.1 Argentina Association of Hospital Pharmacists
6.7.2 Industrial Chamber of Argentine Pharmaceutical Laboratories
6.7.3 Association of Medical Specialties Distributors
6.7.4 Argentine Chamber of Pharma Chemical Producers
6.8 Trade Fairs

7 Opportunities and Challenges
7.1 Opportunities
7.2 Challenges

8 Appendix
8.1 Abbreviations
8.2 Bibliography
8.3 Research Methodology
8.3.1 Coverage
8.3.2 Secondary Research
8.3.3 Forecasts
8.3.4 Expert Panel
8.4 Contact
8.5 Disclaimer

List of Tables
Table 1: Pharmaceutical Market, Argentina, Revenue ($bn), 2009-2016
Table 2: Pharmaceutical Market, Argentina, Revenue Forecast ($bn), 2017-2021
Table 3: Pharmaceutical Market, Argentina, Pharmaceutical Imports and Exports ($bn), 2009-2016
Table 4: Pharmaceutical Market, Argentina, Major Therapeutic Areas, Revenue ($m) and Share (%), Q1 2017
Table 5: Pharmaceutical Market, Roemmers , Global, Major Products, 2015
Table 6: Pharmaceutical Market, Bago, Argentina, Major Products, 2012
Table 7: Pharmaceutical Market, Gador, Global, Major Products, 2016
Table 8: Pharmaceutical Market, Bayer, Global, Major Products, Revenue ($bn) and Annual Growth (%), 2016
Table 9: Pharmaceutical Market, Bayer, Global, Late-Stage Pipeline, 2017
Table 10: Pharmaceutical Market, Pfizer, Global, Revenue ($m) and Annual Growth (%) of Major Products, 2016
Table 11: Medical Device Market, Argentina, Revenue ($bn), 2009-2016
Table 12: Medical Device Market, Argentina, Revenue Forecast ($bn), 2017-2021
Table 13: Medical Device Market, Argentina, Revenue by Segment ($m), 2016
Table 14: Medical Device Market, Cardiovascular Devices Market, Argentina, Revenue ($m), 2009-2016
Table 15: Medical Device Market, Wound Care Management Market, Argentina, Revenue ($m), 2009-2016
Table 16: Medical Device Market, Ophthalmic Devices Market, Argentina, Revenue ($m), 2009-2016
Table 17: Medical Device Market, Orthopedic Devices Market, Argentina, Revenue ($m), 2009-2016
Table 18: Medical Device Market, General Surgery Market, Argentina, Revenue ($m), 2009-2016
Table 19: Medical Device Market, Argentina, Revenue of Major Companies ($m), 2012
Table 20: Medical Device Market, Sonova, Global, Major Products, 2017
Table 21: Medical Device Market, Siemens Healthineers, Major Products, 2017
Table 22: Medical Device Market, GN Hearing, Major Products, 2017
Table 23: Medical Device Market, Cochlear, Major Products, 2017
Table 24: Medical Device Market, William Demant, Global, Major Products, 2017
Table 25: Market Access, Argentina, Out-of-Pocket Expenditure (%), 2009-2016
Table 26: Economic Indicators, Argentina, Gross Domestic Product per Capita ($), 2009-2016
Table 27: Economic Indicators, Argentina, Gross Domestic Product per Capita Forecast ($), 2017-2021
Table 28: Economic Indicators, Argentina, Gross Domestic Product Annual Growth (%), 2009-2016
Table 29: Economic Indicators, Argentina, Gross Domestic Product Annual Growth Forecast (%), 2017-2021
Table 30: Economic Indicators, Argentina, Gross National Income per Capita ($), 2009-2016
Table 31: Economic Indicators, Argentina, Consumer Price Index, 2009-2016
Table 32: Economic Indicators, Argentina, Consumer Price Index, 2017-2021
Table 33: Economic Indicators, Argentina, Annual Change in Consumer Price (%), 2009-2016
Table 34: Economic Indicators, Argentina, Annual Change in Consumer Price (%), 2017-2021
Table 35: Economic Indicators, Argentina, Currency Exchange Rate (ARS per $), 2009-2016
Table 36: Economic Indicators, Argentina, Foreign Direct Investment ($bn), 2009-2016
Table 37: Economic Indicators, Argentina, Foreign Exchange Reserves ($bn), 2009-2016
Table 38: Economic Indicators, Argentina, Imports of Goods and Services ($bn), 2009-2016
Table 39: Economic Indicators, Argentina, Exports of Goods and Services ($bn), 2009-2016
Table 40: Economic Indicators, Argentina, Government Structural Balance ($bn), 2009-2016
Table 41: Economic Indicators, Argentina, General Government Net Debt (% of GDP), 2009-2016
Table 42: Economic Indicators, Argentina, Major Industries by Revenue ($bn), 2016
Table 43: Demographics, Argentina, Population (million), 2009-2016
Table 44: Demographics, Argentina, Population (million), 2017-2021
Table 45: Demographics, Argentina, Urban-Rural Population Share (%), 2009-2016
Table 46: Demographics, Argentina, Urban-Rural Population Share (%), 2017-2021
Table 47: Demographics, Argentina, Population Distribution by Age Group (%), 2009-2016
Table 48: Demographics, Argentina, Population Distribution by Age Group Forecast (%), 2017-2021
Table 49: Demographics, Argentina, Births (per 1,000 population), 2009-2016
Table 50: Demographics, Argentina, Mortality (per 1,000 population), 2009-2016
Table 51: Demographics, Argentina, Major Causes of Mortality (100,000 deaths), 2014
Table 52: Demographics, Argentina, Infant Mortality (per 1,000 live births), 2009-2016
Table 53: Demographics, Argentina, Immunization Rate (%), 2009-2016
Table 54: Demographics, Argentina, Major Causes of Male Mortality (‘000 deaths), 2015
Table 55: Demographics, Argentina, Major Causes of Female Mortality (‘000 deaths), 2015
Table 56: Demographics, Argentina, Gender Ratio (M/F), 2009-2016
Table 57: Demographics, Argentina, Life Expectancy at Birth (years), 2009-2016
Table 58: Demographics, Argentina, Life Expectancy at Birth (years), 2017-2021
Table 59: : Demographics, Argentina, Education, Gross Enrolment (%), 2009-2016
Table 60: Demographics, Argentina, Unemployment Rate (%), 2009-2016
Table 61: Demographics, Argentina, Disability-Adjusted Life Years by Major Disease (‘000), 2015
Table 62: Healthcare Infrastructure, Argentina, Hospital Beds (per 1,000 population), 2009-2016
Table 63: Healthcare Infrastructure, Argentina, PM2.5 (µg per m3), 2009-2016
Table 64: Healthcare Infrastructure, Argentina, CO2 Emissions (metric tons per capita), 2009-2016
Table 65: Healthcare Expenditure, Argentina, Healthcare Expenditure as Percentage of GDP (%), 2009-2014
Table 66: Healthcare Expenditure, Argentina, Public-Private Share (%), 2009-2014
Table 67: Healthcare Expenditure, Argentine, Major Healthcare Trade Fairs, 2017

List of Figures
Figure 1: Pharmaceutical Market, Argentina, Revenue ($bn), 2009-2021
Figure 2: Medical Device Market, Argentina, Revenue ($bn), 2009-2021
Figure 3: Country Profile, Argentina, 2016
Figure 4: Pharmaceutical Market, Argentina, Revenue ($bn), 2009-2016
Figure 5: Pharmaceutical Market, Argentina, Revenue Forecast ($bn), 2017-2021
Figure 6: Pharmaceutical Market, Argentina, Pharmaceutical Imports and Exports ($bn), 2009-2016
Figure 7: Pharmaceutical Market, Argentina, Major Therapeutic Areas, Revenue ($m), Q1 2017
Figure 8: Medical Device Market, Argentina, Revenue ($bn), 2009-2016
Figure 9: Medical Device Market, Argentina, Revenue Forecast ($bn), 2017-2021
Figure 10: Medical Device Market, Argentina, Revenue by Segment ($m), 2016
Figure 11: Medical Device Market, Cardiovascular Devices Market, Argentina, Revenue ($m), 2009-2016
Figure 12: Medical Device Market, Wound Care Management Market, Argentina, Revenue ($m), 2009-2016
Figure 13: Medical Device Market, Ophthalmic Devices Market, Argentina, Revenue ($m), 2009-2016
Figure 14: Medical Device Market, Orthopedic Devices Market, Argentina, Revenue ($m), 2009-2016
Figure 15: Medical Device Market, General Surgery Market, Argentina, Revenue ($m), 2009-2016
Figure 16: Medical Device Market, Argentina, Revenue of Major Companies ($m), 2012
Figure 17: Healthcare Market, Argentina, Drivers and Barriers, 2017
Figure 18: Market Access, Argentina, Overview of Healthcare System, 2017
Figure 19: Market Access, Argentina, Reimbursement Approval Process, 2017
Figure 20: Market Access, Argentina, Out-of-Pocket Expenditure (%), 2009-2016
Figure 21: Economic Indicators, Argentina, Gross Domestic Product per Capita ($), 2009-2016
Figure 22: Economic Indicators, Argentina, Gross Domestic Product per Capita Forecast ($), 2017-2021
Figure 23: Economic Indicators, Argentina, Gross Domestic Product Annual Growth (%), 2009-2016
Figure 24: Economic Indicators, Argentina, Gross Domestic Product Annual Growth Forecast (%), 2017-2021
Figure 25: Economic Indicators, Argentina, Gross National Income per Capita ($), 2009-2016
Figure 26: Economic Indicators, Argentina, Consumer Price Index, 2009-2016
Figure 27: Economic Indicators, Argentina, Consumer Price Index, 2017-2021
Figure 28: Economic Indicators, Argentina, Annual Change in Consumer Price (%), 2009-2016
Figure 29: Economic Indicators, Argentina, Annual Change in Consumer Price (%), 2017-2021
Figure 30: Economic Indicators, Argentina, Currency Exchange Rate (ARS per $), 2009-2016
Figure 31: Economic Indicators, Argentina, Foreign Direct Investment ($bn), 2009-2016
Figure 32: Economic Indicators, Argentina, Foreign Exchange Reserves ($bn), 2009-2016
Figure 33: Economic Indicators, Argentina, Imports of Goods and Services ($bn), 2009-2016
Figure 34: Economic Indicators, Argentina, Exports of Goods and Services ($bn), 2009-2016
Figure 35: Economic Indicators, Argentina, Government Structural Balance ($bn), 2009-2016
Figure 36: Economic Indicators, Argentina, General Government Net Debt (% of GDP), 2009-2016
Figure 37: Economic Indicators, Argentina, Major Industries by Revenue ($bn), 2016
Figure 38: Demographics, Argentina, Population (million), 2009-2016
Figure 39: Demographics, Argentina, Population (million), 2017-2021
Figure 40: Demographics, Argentina, Urban-Rural Population Share (%), 2009-2016
Figure 41: Demographics, Argentina, Population Distribution by Age Group (%), 2009-2016
Figure 42: Demographics, Argentina, Population Distribution by Age Group Forecast (%), 2017-2021
Figure 43: Demographics, Argentina, Births (per 1,000 population), 2009-2016
Figure 44: Demographics, Argentina, Mortality (per 1,000 population), 2009-2016
Figure 45: Demographics, Argentina, Major Causes of Mortality (100,000 deaths), 2014
Figure 46: Demographics, Argentina, Infant Mortality (per 1,000 live births), 2009-2016
Figure 47: Demographics, Argentina, Immunization Rate (%), 2009-2016
Figure 48: Demographics, Argentina, Major Causes of Male Mortality (‘000 deaths), 2015
Figure 49: Demographics, Argentina, Major Causes of Female Mortality (‘000 deaths), 2015
Figure 50: Demographics, Argentina, Gender Ratio (M/F), 2009-2016
Figure 51: Demographics, Argentina, Life Expectancy at Birth (years), 2009-2016
Figure 52: Demographics, Argentina, Life Expectancy at Birth (years), 2017-2021
Figure 53: Demographics, Argentina, Education, Gross Enrollment (%), 2009-2016
Figure 54: Demographics, Argentina, Unemployment Rate (%), 2009-2016
Figure 55: Demographics, Argentina, Disability-Adjusted Life Years by Major Disease (‘000), 2015
Figure 56: Healthcare Infrastructure, Argentina, Hospital Beds (per 1,000 population), 2009-2016
Figure 57: Healthcare Infrastructure, Argentina, PM2.5 (µg per m3), 2009-2016
Figure 58: Healthcare Infrastructure, Argentina, CO2 Emissions (metric tons per capita), 2009-2016
Figure 59: Healthcare Expenditure, Argentina, Healthcare Expenditure as Percentage of GDP (%), 2009-2014
Figure 60: Healthcare Expenditure, Argentina, Public-Private Share (%), 2009-2014
Figure 61: Healthcare Market, Argentina, Opportunities and Challenges, 2017
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