Argentina Diagnostic Imaging Equipment Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Argentina Diagnostic Imaging Equipment Market Analysis
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.
Argentina Diagnostic Imaging Equipment Market Trends
This section covers the major market trends shaping the Argentina Diagnostic Imaging Equipment Market according to our research experts:
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.
Argentina Diagnostic Imaging Equipment Industry Overview
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.
Argentina Diagnostic Imaging Equipment Market Leaders
Canon
Fujifilm Corporation
GE Healthcare
Philips Healthcare
Siemens Healthineers
*Disclaimer: Major Players sorted in no particular order
Argentina Diagnostic Imaging Equipment Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Rising Burden of the Chronic Diseases
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4.2.2 Technological Advancements in Imaging Equipments
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4.2.3 Increasing Geriatric population in Argentina
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4.3 Market Restraints
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4.3.1 High Costs Associated With the Devices and Procedure
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Modality
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5.1.1 X-Ray
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5.1.2 MRI
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5.1.3 Ultrasound
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5.1.4 Computed Tomography
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5.1.5 Nuclear Imaging
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5.1.6 Others
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5.2 By Application
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5.2.1 Cardiology
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5.2.2 Oncology
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5.2.3 Neurology
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5.2.4 Orthopedics
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5.2.5 Other Applications
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5.3 By End User
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5.3.1 Hospitals
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5.3.2 Diagnostic Centers
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5.3.3 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Canon Medical Systems Corporation
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6.1.2 Carestream Health, Inc.
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6.1.3 Esaote SpA
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6.1.4 Fujifilm Holdings
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6.1.5 GE Healthcare
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6.1.6 Hitachi Medical Corporation
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6.1.7 Hologic, Inc.
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6.1.8 Philips Healthcare
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6.1.9 Shimadzu Corporation
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6.1.10 Siemens Healthcare
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Argentina Diagnostic Imaging Equipment Industry Segmentation
As per the scope of the report, the diagnostic imaging market covers a wide array of medical devices used for diagnostic purposes. It has a vast range of applications in a variety of oncological, orthopedic, gastro- and gynecological fields.
| By Modality | |
| X-Ray | |
| MRI | |
| Ultrasound | |
| Computed Tomography | |
| Nuclear Imaging | |
| Others |
| By Application | |
| Cardiology | |
| Oncology | |
| Neurology | |
| Orthopedics | |
| Other Applications |
| By End User | |
| Hospitals | |
| Diagnostic Centers | |
| Others |
Argentina Diagnostic Imaging Equipment Market Research FAQs
What is the current Argentina Diagnostic Imaging Equipment Market size?
The Argentina Diagnostic Imaging Equipment Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in Argentina Diagnostic Imaging Equipment Market?
Canon, Fujifilm Corporation, GE Healthcare, Philips Healthcare and Siemens Healthineers are the major companies operating in the Argentina Diagnostic Imaging Equipment Market.
What years does this Argentina Diagnostic Imaging Equipment Market cover?
The report covers the Argentina Diagnostic Imaging Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Argentina Diagnostic Imaging Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Argentina Diagnostic Imaging Equipment Industry Report
Statistics for the 2024 Argentina Diagnostic Imaging Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Argentina Diagnostic Imaging Equipment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
