Argentina Anti-Snoring Devices Market Overview, 2028
Argentinas anti-snoring the Argentineg markeat anis growing t excellent ratits excellent healthcare system, which isecause of its onehcaSouthstem in . Because of high spending for healthcare andth Americit is ealthcare & less expensto thee co andred to USA & otcountries,ean countri about 9-10 % of spent on healthcare, and Argentinare, argentina gives free consultation for healthcare nationalsnationalities tourists. Economics , economi,developmen & universal health coverage, gover, andent funding &compared to as compared other western countriesfor thee reasons for excellent healthcaArgentina. f argentina. Most of argentina population lives in urban & semi-urban region so its easy for them to avail benefits of The majorityre. Majority of argentina population is suffering from obesity, and cardiovascular disease is most common in Argentine patients, which can be a growth driver for the anti-snoring market in Argentina, which may grow at a lucrative CAGR because it is backed by high healthcare expenditure. There are very few businesses that are developing devices for anti-snoring because of the lack of R&D facilities, and there are very few medical device manufacturers in Argentina, which is not enough to fulfil demand. Argentina also imports almost all of its medical devices from other countries.
According to the research report ""Argentina Anti-Snoring Market Overview, 2028,"" published by Bonafide Research, the Argentina Anti-Snoring market was valued at more than USD 14 million in 2022. The market is divided into mandibular advancement devices, nasal devices, position control devices, chin straps, EPAP/CPAP, and tongue stabilizing devices & several other devices based on product type. During the forecast period, chin straps had the largest market share. Chin straps are a popular anti-snoring device in Argentina because they are easy to use and an affordable solution for the majority of the population. In the argentina, EPAP have a highest CAGR. Argentina is a developing country, has one of the highest GDPs in South America, and has the advantage of choosing which device to buy because many countries (including the USA and European countries) are supplying anti-snoring devices to it. Hospitals have the largest market share for the distribution of anti-snoring devices because Argentina has affordable and quality public healthcare, and hospitals are the primary source of diagnosis and treatment for sleep disorders, including snoring and sleep apnea (public hospitals dominate the market). E-commerce has the highest CAGR for the distribution of anti-snoring devices due to the fact that growing internet penetration and the market were resilient to high inflation in the country, which led to the popularity of the Argentina e-commerce market. The foreign players that make up Brazil's moderately fragmented medical device market are more complicated than importing. mercardo livre is of largest e-commerce website of south America & argentina & they sells many anti-snoring devices like- nasal dilator, nasal clips, fravega is 2nd largest online retailer headquarter in Buenos aries, amazon world’s largest MNCs is also their & many other online retailers are their.
In Argentina, there are few medical device manufacturers, and they are not sufficient to fulfil demand. As a result, Argentina imports almost all of the medical products it requires, which creates tremendous commercial potential in the country's medical device sector. Despite strict currency controls, high inflation, and low foreign investment, Argentina is a desirable location for medical device manufacturers looking to increase their presence in Latin America due to the country's remarkable hospital capacity, the current high demand for imported essential and specialised medical equipment, a reasonable regulatory approval timeline, and the high level of academic training of the country's healthcare professionals. (About 90% of medical devices are imported into Argentina.) Abbott, Fresenius SE & Co. KGaA (Fresenius), GE Healthcare, Terumo, and Coloplast are the top competitors in Argentina's medical device market.
Considered in this report
Geography: argentina
Historic year: 2017
Base year: 2022
Estimated year: 2023
Forecast year: 2028
Aspects covered in this report
Argentina anti-snoring market with its value and forecast along with its segments
Various drivers and challenges
On-going trends and developments
Top-profiled companies
Strategic recommendation
By Product Type:
Mandibular Advancement Device
Nasal Device
Position Control Device
Chin Straps
EPAP/CPAP
Tongue stabilising and others
By Distribution Channel:
Hospitals
Clinics
Retail Pharmacies
E-commerce
Others
The approach of the report is
This report is the result of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this, we have started making primary calls to consumers by equally segmenting them by regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations and organisations related to the anti-snoring device industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.
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