Forecast: Import of Artificial Body Parts, Aids and Appliances to Argentina

The volume of imports of artificial body parts, aids, and appliances to Argentina was 101.38 thousand kilograms in 2023. The observed imports from 2013 to 2023 displayed a generally upward trend. In recent years, the year-on-year growth showed a slight deceleration from 2.21% in 2022 to 2.12% in 2023. The Compound Annual Growth Rate (CAGR) over the last 5 years stood at 1.99%. Projections indicate a moderate rise in imports up to 111.28 thousand kilograms by 2028, with a forecasted CAGR of 1.47% over the next five years, representing a forecasted growth rate of 7.58% over this period.

Future trends to watch for:

  • The aging population and increased prevalence of chronic diseases.
  • Technological advancements in artificial body parts and medical aids.
  • Economic factors and healthcare policies affecting import regulations and costs.
  • Potential disruptions in global supply chains and their impact on import volumes.

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