Argentina Digital X-Ray Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Argentina Digital X-Ray Market Analysis

The Argentina Digital X-Ray Market size is estimated at USD 193.74 million in 2024, and is expected to reach USD 260.61 million by 2029, growing at a CAGR of 6.11% during the forecast period (2024-2029).

The pandemic had an adverse effect on the studied market in the country. The healthcare-related criteria under analysis revealed decreases, according to a study titled "The Impact of the COVID-19 Pandemic on Cancer Care in the Public Health Subsector, Province of Santa Fe, Argentina," which was published in Ecancer Medical Science in July 2021. The impact was more noticeable in screening, though; there were between 56% and 87% fewer procedures done overall. There was a 26% decline in diagnosis. Treatment was the study's variable with the least impact, dropping by 3%. These drops directly affected the diagnostic imaging industry, which in turn affected the digital x-ray market. The Open Access Journal of Orthopaedic Trauma reported that many organizational changes were undertaken following the discovery of the first case of COVID-19 in Argentina in an article titled "Orthopaedic Trauma Care During the COVID-19 Pandemic: the Latin American Perspective" in March 2021. According to the level of urgency, all surgical procedures for traumatology services were temporarily suspended and divided into five categories. Such changes had a significant effect on the overall volume of operations performed, which influenced the diagnostic imaging industry. The above-mentioned factors show that COVID-19 had an adverse impact on the growth of the digital x-ray market in Argentina. The recovery rate depends on the policies laid by the government and the accessibility of vaccination programs.

The increasing prevalence of diseases such as dental disorders and research studies are expected to increase the market growth. The country's digital x-ray market is expected to grow as a result of screening programs for dental procedures that need X-ray imaging and the increased burden of dental disorders. The prevalence of caries in enamel and dentin lesions was 48.2%, according to a study titled "Prevalence and Severity of Early Childhood Caries in Malnourished Children in Mendoza, Argentina" that was released in December 2020. The country's high prevalence of dental caries is anticipated to drive market expansion. Additionally, the territory of Argentina had 5.035 million individuals over the age of 65 in 2019 and is projected to have 9.480 million by 2050, according to World Population Ageing 2019. The need for heart failure treatment devices in the region is anticipated to rise in the future due to the older population's higher risk of heart disorders. Thus, the abovementioned factors are expected to increase market growth.

However, the high cost of the equipment is expected to hinder the market growth.

Argentina Digital X-Ray Market Trends

This section covers the major market trends shaping the Argentina Digital X-Ray Market according to our research experts:

Hospital Segment is Expected to Hold a Significant Market Share Over the Forecast Period

Argentina Digital X-Ray Industry Segmentation

As per the scope of this report, digital X-ray or digital radiography is a form of X-ray imaging where digital X-ray sensors are used instead of traditional photographic films. This has an added advantage of time efficiency and the ability to transfer images digitally and enhance them for better visibility. This method bypasses the chemical processing of photographic films. Digital X-ray imaging has high demand, as it requires less radiation exposure compared to traditional X-rays. Argentina Digital X-Ray Market is Segmented by Application (Orthopedic, Cancer, Dental, Cardiovascular, and Other Applications), Technology (Computed Radiography, and Direct Radiography), Portability (Fixed Systems, and Portable Systems), and End User (Hospitals, Diagnostic Centers, and Other End Users). The report offers the value (in USD million) for the above segments.