The Argentina healthcare market size reached USD 163.02 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 252.90 Billion by 2033, exhibiting a growth rate (CAGR) of 4.60% during 2025-2033. The market is experiencing significant growth driven by increasing healthcare needs due to the growing aging population, supportive government policies to enhance the healthcare facilities and infrastructure, and higher incidence of diseases that necessitate frequent healthcare intervention.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 163.02 Billion |
Market Forecast in 2033 | USD 252.90 Billion |
Market Growth Rate (2025-2033) | 4.60% |
Rising Aging Population
The Argentina healthcare market is primarily driven by the rapidly growing aging population. According to Argentina's National Institute of Statistics and Census (INDEC) as of 2020, approximately 16.5% of Argentina's population was aged 60 years or older, a figure projected to increase to 23.3% by 2050. This demographic shift presents a challenge as the elderly are likely to need more healthcare as they are bound to get sick more often due to various ailments related to age. Specialist care, elder care, and long-term nursing facilities are therefore in great demand. This demographic shift requires healthcare consumers and policy makers to think about expanding the delivery of geriatric care, enhancing the preparation of caregivers, and expanding the accessibility of heath care structures that address the needs of the aging population across the United States.
Government Healthcare Initiatives
Argentina's government plays a pivotal role in shaping the healthcare market through various initiatives aimed at improving access and infrastructure. According to the World Bank, healthcare expenditure in Argentina amounted to 6.1% of GDP in 2020, reflecting substantial investments in healthcare facilities, equipment, and personnel. Government efforts target conditions of developing primary health care facilities, enhancing hospital capacities, and launching population health programs to combat significant health concerns such as maternal health and communicable diseases. Such efforts are primarily directed at minimizing the gap in access to effective healthcare, improving the quality of healthcare services, and increasing the average level of health in the population. Moreover, Argentina’s active participation in encouraging its singular healthcare system to cater to the basic needs of all its citizens is fueling market growth.
Heightening Chronic Disease Burden
Several diseases, such as cardiovascular diseases, diabetes, and cancer, remain major health problems that affect the economy and the healthcare system. For instance, in Argentina, CVD accounts for more than 50% of overall morbidity and mortality. The increase in these diseases cannot be refuted, which explains why preventive medicine, disease detection, and proper management of these diseases should receive attention going forward. In order to address such challenges, healthcare providers are introducing more extensive chronic disease management services, acquiring new sophisticated technologies and equipment, and encouraging the public to embrace and embrace healthy lifestyles through public health campaigns. Chronic disease management leads to better patient health and contributes positively to the healthcare system through efficiency, decreasing the number of hospitalizations and healthcare expenses linked to chronic disease management and treatment.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on service and healthcare sector.
Service Insights:
The report has provided a detailed breakup and analysis of the market based on the service. This includes hospitals, diagnostics, and pharmaceuticals.
Healthcare Sector Insights:
A detailed breakup and analysis of the market based on the healthcare sector have also been provided in the report. This includes private healthcare, public healthcare, and non-profit healthcare.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Buenos Aires region, Litoral region, Northern region, Cordobo region, Cuyo region, and Patagonia region
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Services Covered | Hospitals, Diagnostics, Pharmaceuticals |
Healthcare Sectors Covered | Private Healthcare, Public Healthcare, Non-Profit Healthcare |
Regions Covered | Buenos Aires Region, Litoral Region, Northern Region, Cordobo Region, Cuyo Region, Patagonia Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: