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Argentina Diagnostic Imaging Equipment Market - Growth, Trends & Forecast (2020 - 2025)

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  • 85 Pages
  • March 2020
  • Region: Argentina
  • Mordor Intelligence
  • ID: 4997461
The Diagnostic imaging market has been growing in the recent decades. As per a 2017 United Nations report on “World Aging Population”, the geriatric population in Argentina is expected to rise in the future. Older population is more prone to diseases and disorders. As a result the prevalence of chronic illnesses is expected to increase in Argentina in the future. These are the major factors that have been driving the growth of the diagnostic imaging market in Argentina. Moreover, the technological advancements and rising adoption rate of the country towards newer technologies have also helped the market growth in Argentina.

However, high cost of equipment and procedures and concerns among the population regarding side-effects of radiations have been restraining the market growth.

Key Market Trends

Application in Cardiology is expected Cover a Large Share of the Market

Several cardiac imaging modalities have become essential in the practice of modern cardiovascular medicine not only in diagnosis but also in the management of various cardiovascular diseases as well as in the guidance of invasive procedures. These modalities include echocardiography, myocardial perfusion imaging via nuclear scintigraphy, magnetic resonance imaging (MRI), and computed tomography (CT). Each modality can be used individually or in combination depending on desired diagnostic needs. These studies are now routinely used together with history taking, physical examination, laboratory testing and have come to define the practice of modern cardiovascular medicine.

Moreover, as the cardiovascular diseases are the leading cause of death in Argentina. As a result, the demand for diagnostic imaging equipment in Argentina is expected to be high for cardiovascular diseases.

Competitive Landscape

Argentina is a developing country. Although the current healthcare system is not structured, the progress in healthcare due to increased healthcare spending by the government. As a result, the market has become more lucrative in the recent years and is hence expected to grow in the future. This has resulted in many global players in the diagnostic imaging market to enter Argentina.

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Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Burden of the Chronic Diseases
4.2.2 Technological Advancements in Imaging Equipments
4.2.3 Increasing Geriatric population in Argentina
4.3 Market Restraints
4.3.1 High Costs Associated With the Devices and Procedure
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5.1 By Modality
5.1.1 X-Ray
5.1.2 MRI
5.1.3 Ultrasound
5.1.4 Computed Tomography
5.1.5 Nuclear Imaging
5.1.6 Others
5.2 By Application
5.2.1 Cardiology
5.2.2 Oncology
5.2.3 Neurology
5.2.4 Orthopedics
5.2.5 Other Applications
5.3 By End User
5.3.1 Hospitals
5.3.2 Diagnostic Centers
5.3.3 Others
6.1 Company Profiles
6.1.1 Canon Medical Systems Corporation
6.1.2 Carestream Health, Inc.
6.1.3 Esaote SpA
6.1.4 Fujifilm Holdings
6.1.5 GE Healthcare
6.1.6 Hitachi Medical Corporation
6.1.7 Hologic, Inc.
6.1.8 Philips Healthcare
6.1.9 Shimadzu Corporation
6.1.10 Siemens Healthcare

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Canon Medical Systems Corporation
  • Carestream Health, Inc.
  • Esaote SpA
  • Fujifilm Holdings
  • GE Healthcare
  • Hitachi Medical Corporation
  • Hologic, Inc.
  • Philips Healthcare
  • Shimadzu Corporation
  • Siemens Healthcare