Market Trends of Argentina Artificial Organs & Bionic Implants Industry
This section covers the major market trends shaping the Argentina Artificial Organs & Bionic Implants Market according to our research experts:
Cardiac Bionics Segment is Expected to Have a Highest Growth Rate in the Forecast Period
Cardiac bionics is expected to show a high growth rate that is attributed to the increasing prevalence of cardiovascular diseases and the increasing geriatric population in the country. According to an article published by Rafael Diaz in 2019, cardiovascular disease is the leading cause of death with 30% in the country and ischemic heart disease is the condition with the highest morbidity and mortality. Furthermore, according to the study the prevalence of risk factors like overweight, obesity, Diabetes Mellitus is increasing which in turn increases the incidence of cardiovascular disease. Moreover, the growing geriatric population is also boosting the patient pool and segment growth.
