The United States continues to lead the Argentine import market of medical products and equipment, and currently holds 28 percent market share, particularly in high-end technology products. Imports in the overall medical product sector have been traditionally estimated to account for around 70-75 percent of the total market. Imports from the U.S. have grown almost 14 percent in 2010 versus 2009 figures. The rising trend of imports from the United States that started with peak growth in 2005 is expected to continue at a moderate rate during 2011 and beyond.
Sub-Sector Best Prospects
Niche opportunities for U.S. exports include middle and high-end technology products among which are imaging diagnostic equipment, medical ultrasound equipment, and electrocardiograph equipment. Opportunities may also be present for implants, stents, cardiac valves, pacemakers, and specialized disposables.
Components and electro medical equipment parts offer a strong sales-potential, in large part because the market conditions require the reconditioning of equipment already in use, particularly in the interior provinces of Argentina.