number of hospitals in argentina – Global Health Intelligence – Healthcare Market Insights for Emerging Markets

Argentina: Telemedicine – Fast growing segment of the healthcare industry

GHI Analysis — Mon, 19 Jun 2017 21:32:58 +0000

Telemedicine is a vital tool for the health sector in Argentina. Healthcare institutions use these services to have direct access to patients across the globe, which is indispensable for the growth of medical tourism.

Telemedicine is vital to expand the borders and provides the tools necessary for a patient to choose the doctor of their choice. Argentina generates approximately USD6 billion with export of Knowledge Based Services (SBC) that go through a cable and telemedicine is one among them.

The Omint health group of Argentina has an online medical platform for medical consultation through videoconference between a doctor and patient. Omint works with Instituto Cardiovascular de Buenos Aires (ICBA) on a program called “Balloon Gate” for patients with infraction. Once a patient calls for ambulance and in the times the ambulance reaches the Institute, patient data is sent to the clinic in electronic form reducing the diagnosis time and treating patient in the golden hour.

Argentina’s medical tourism is among the top five in Latin America and the low treatment prices drive the growth of this sector. As compared to the United States, surgeries in Argentina can cost up to four times less. Telemedicine is regarded as a fundamental technology for internationalization.

Argentina presents Latin America’s first artificial pancreas

GHI Analysis — Tue, 06 Dec 2016 00:23:55 +0000

Healthcare experts from different centers such as Argentine medical research and several universities in the South American country recently presented in Buenos Aires the first artificial pancreas in Latin America, which can control the level of glucose in the blood of patients with diabetes type one. The automatic device adheres to the skin and works automatically like a glucose monitor, which measures levels of the same in the diabetic patient as well as an insulin pump that provides this substance without operating it manually. The device remain connected to a software network that have a provision of broadcasting of blood glucose level information through a mobile application, which by using Bluetooth indicates if patient need to eat and properly regulate their blood sugar blood, and if needed, apply insulin. Experts also suggest that patient’s blood monitoring does not mean that the person has to look at 24 hours on the information displayed on mobile, but device will raise an alarm to warn when levels of blood glucose alter. It is estimated that around 300,000 people suffer from type I diabetes in Argentina.

Argentina’s medical device market to grow at CAGR of 13.3% over 2015-2020

GHI Analysis — Tue, 27 Sep 2016 09:15:38 +0000

The medical devices industry of Argentina is estimated to grow at a CAGR of 13.3% over 2015-2020 in local currency terms, higher than the CAGR of 6.6% in USD terms due to a steady depreciation of the peso in 2016. The market would achieve a record double-digit growth. The peso is expected to stabilize over a longer time period and appreciate due to rising foreign direct investments. This will turn into a return to growth in 2017, preceded by a marked decrease in 2016. Among the factors contributing to the market growth include increasing real GDP growth under the provisions of the new government, a large population pool with a significant elderly population component, rising incidence of chronic ailments, a well-developed healthcare framework, sound international loan funding for healthcare and high medical device import reliance.Imports of medical equipment fell by 18.1% to USD155.4 million in the second quarter of 2016 and contracted by 4.3% to USD331.4 million in the first half of this year.Exports fell by 17.1% to USD14.6 million in the second quarter of 2016 and contracted by 16.5% to USD27.4 million in the first half of this year.

Argentina to acquire medical equipment with help from Italy and PAHO/WHO

GHI Analysis — Tue, 16 Aug 2016 02:14:35 +0000

The Ministry of Health of Argentina has signed an agreement with the Government of Italy and the Pan American Health Organization/World Health Organization (PAHO/WHO). Under the terms of agreement, Argentina will receive a credit of EUR 42 million for the purchase and installation of medical equipment to improve its healthcare services. It is a 30-year loan granted by the Government of Italy to Argentina, in which PAHO acts as an intermediary and a technical supervisor. The agreement was signed by Argentinian Health Minister Jorge Lemus, Italy’s ambassador to Argentina Teresa Castaldo and PAHO/WHO representative Maureen Birmingham. According to Lemus, this collaboration happens at an important time for Argentina. PAHO has always been trying to facilitate activities and orders in the field of health in the country. Ambassador Castaldo said this program is meant for provinces, where it is most needed. It will provide equipment that can save lives in emergency situations.

Top hospitals in Argentina

GHI Analysis — Fri, 03 Jun 2016 02:03:40 +0000

As part of the annual hospital survey, GHI ranks the Top hospitals in Argentina according to the presence of specific modalities.

The enclosed ranking is a snapshot of key hospitals Best Equipped for Hosting Patients and hospitals with Operating Rooms for attending patients.

The complete ranking is based on the presence of capital equipment such as: Ambulatory beds, Hospitalization beds, Ultrasound machines, Incubators, Cribs, Gamma cameras, X-Rays, Computerized Tomography (CT) scanners, Magnetic Resonance Imaging (MRI), Positron Emission Tomography (PET), Electroencephalographs, Angiograms, Echocardiograms, Operating rooms, C-Arms, Ventilators, Endoscope machines, Mastography equipment, Cobalt therapy machines, Linear accelerators, Radiotherapy equipment, Stereotactic mammography equipment, Picture Archiving Communication systems (PACS), Computers, Servers, Routers, Lithotripters, Ambulances, Hemodialysis machines and Hyperbaric chambers.

Please contact one of our sales executives to have access to the full ranking.

Argentina medical device market 5th in LATAM, to grow at a CAGR of 10.9% over 2013-2018

GHI Analysis — Mon, 27 Jul 2015 13:48:37 +0000

According to a report published by Espicom, Argentina’s medical device market ranks 5^th in Latin America with total revenue recorded USD 692.1 million in 2013, forecasted to grow at a CAGR of 10.9% over 2013-2018. Increasing health disbursement is the driving factor for the growth of the market. Argentina recovered from the economic crisis in 2002 but it has not been able to resolve its long-standing macroeconomic imbalances, which would influence the medical device market in the long-term. Argentina had the highest per capita disbursement in Latin America prior to the economic crisis. But now, it is at the 5^th position following Venezuela, Chile, Mexico, Brazil and Colombia. Of the total market share, the diagnostic imaging segment contributes 28.0%, followed by other medical devices (19.9%), consumables (17.5%), patient aids (17.4%), orthopedics & prosthetics (13.1%) and dental products (4.2%). The report states that the medical devices import is very high in Argentina despite the relatively large domestic medical device sector. It primarily imports from the European Union, the USA and China. Hence, the trade balance remains negative. Imports increased by 5.9% to USD 640.0 million, while exports fell by 25.4% to USD 79.4 million for the past 12 months till May 2013. Diagnostic imaging reported the fastest growth of 11.7%, followed by consumables (10.1%), other medical devices (8.8%) and orthopedics & prosthetics (2.2%). Growth of dental products fell by 4.0%, followed by patient aids (-3.5%).

Read the full article at Market Research Reports.biz