Market Size of Argentina Diagnostic Imaging Equipment Industry
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.