Argentina Respiratory Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Argentina Respiratory Devices Market is segmented By Type (By Diagnostic and Monitoring Devices, By Therapeutic Devices, By Disposables).

Market Snapshot

Argentina Respiratory Devices Market
Study Period:

2018 - 2026

Base Year:

2020

CAGR:

2 %

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Market Overview

The Argentina Respiratory Devices Market is expected to register a CAGR of 2% during the forecast period. This is attributing to the increasing prevalence of respiratory disorders, such as COPD, TB, Asthma, and Sleep Apnea, technological advancements, and large patient population. As per the Global Health Data Exchange, in 2017 approximately 107,106 people are affected by COPD in Argentina. In Addition, the number of new cases for tuberculosis is around 5,826 in this region Thus, the presence of such a large number will demand respiratory devices and drive the market in Argentina. Furthermore, Increasing R&D expenditure by innovators and generic players, technological advancements associated with respiratory devices, and the rising ageing population will also fuel the Argentina respiratory devices Market. However, the high cost associated with the devices may hamper the market to a certain extent

Scope of the report

As per the scope, respiratory devices comprise of respiratory diagnostic devices, therapeutic devices, and breathing devices for administering long-term artificial respiration. It also includes a breathing apparatus used for resuscitation, by forcing oxygen into the lungs of a person who has undergone asphyxia. Argentina Respiratory Devices Market is segmented by Type.

By Type
By Diagnostic and Monitoring Devices
Spirometers
Sleep Test Devices
Peak Flow Meters
Pulse Oximeters
Others
By Therapeutic Devices
CPAP Devices
BiPAP Devices
Humidifiers
Nebulizers
Ventilators
Oxygen Concentrators
Inhalers
Others
By Disposables
Masks
Breathing Circuits
Others

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Key Market Trends

Therapeutic devices in Argentina Respiratory Device is Estimated to Witness a Healthy Growth in Future.

Therapeutic devices are estimated to witness healthy growth in the future attributed to the growing prevalence of respiratory disorders, rising chronic diseases, and growing geriatric population. Therapeutic devices comprise of CPAP Devices, BiPAP Devices, Humidifiers, Nebulizers, Ventilators, Oxygen Concentrators, and Inhalers. These are essential in the healing of the respiratory disorder population. The CPAP and BiPAP devices are widely used in obstructive sleep apnea patient population. The rising number of sleep apnea population in Argentina and the availability of reimbursement coverage in this region is expected to fuel the therapeutic device segment growth. This rising prevalence and enhanced patient compliance will likely positively impact segment growth.

key trend 1 Argentina.png

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Competitive Landscape

The Argentina Respiratory Devices Market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are Drägerwerk AG & Co. KGaA, Tecme SA, ResMed, Medtronic, General Electric Company, Chart Industries, Drive DeVilbiss International, Fisher & Paykel Healthcare Limited., GlaxoSmithKline PLC, and Invacare Corporation,

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Prevalence of Respiratory Disorders, such as COPD, TB, Asthma, and Sleep Apnea

      2. 4.2.2 Technological Advancements

      3. 4.2.3 Large Patient Population

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Devices

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 By Diagnostic and Monitoring Devices

        1. 5.1.1.1 Spirometers

        2. 5.1.1.2 Sleep Test Devices

        3. 5.1.1.3 Peak Flow Meters

        4. 5.1.1.4 Pulse Oximeters

        5. 5.1.1.5 Others

      2. 5.1.2 By Therapeutic Devices

        1. 5.1.2.1 CPAP Devices

        2. 5.1.2.2 BiPAP Devices

        3. 5.1.2.3 Humidifiers

        4. 5.1.2.4 Nebulizers

        5. 5.1.2.5 Ventilators

        6. 5.1.2.6 Oxygen Concentrators

        7. 5.1.2.7 Inhalers

        8. 5.1.2.8 Others

      3. 5.1.3 By Disposables

        1. 5.1.3.1 Masks

        2. 5.1.3.2 Breathing Circuits

        3. 5.1.3.3 Others

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Drägerwerk AG & Co. KGaA,

      2. 6.1.2 Tecme SA

      3. 6.1.3 ResMed

      4. 6.1.4 Medtronic

      5. 6.1.5 General Electric Company

      6. 6.1.6 Chart Industries

      7. 6.1.7 Drive DeVilbiss International

      8. 6.1.8 Fisher & Paykel Healthcare Limited.

      9. 6.1.9 GlaxoSmithKline PLC

      10. 6.1.10 Invacare Corporation

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Argentina Respiratory Devices Market market is studied from 2018 - 2026.

The Argentina Respiratory Devices Market is growing at a CAGR of 2% over the next 5 years.

  • Drägerwerk AG & Co. KGaA
  • Tecme SA
  • ResMed
  • Medtronic
  • General Electric Company

Are the major companies operating in Argentina Respiratory Devices Market.

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