The nature of the public health system in Argentina encourages the participation of local companies who can provide devices at a lower price as a result of improved margins compared to foreign companies, who typically pay more for education, distribution and manufacturing.
According to a report from iData Research, the total Argentinian spinal implants market is growing at a rate of 3% with an estimated market value of $93 million by 2024.Local companies collectively made up the largest share of the total spinal implants and VCF market in Argentina, with DePuy Synthes and Medtronic holding second and third position respectively.
However, many patients are treated in private hospitals and pay via private health insurance or out of pocket for the highest quality devices and treatments. The private sector is also bolstered by a growing medical tourism industry because of the lower cost and shorter wait times for many procedures. Growth is expected in many market segments, as the patient demographics and rising incomes in Mexico maintain a steady demand for such procedures. Barring unexpected major demographic change, for the next three to five decades the speed of aging in Latin America will continue on a singularly rapid course. Growth of this population is expected to stimulate growth in both fusion and non-fusion spinal implant markets. Although future growth may be cannibalized to an extent by the growing MIS markets, this is not expected to stifle projections for the near future.
Competition
In Argentina there are several companies focused on spine. Most of them also carry trauma or other specialty products. In the attached table, we show the product categories incorporated into the portfolios of the different companies.
Please find the list in our Argentine Companies Section: https://thespinemarketgroup.com/category/companies/argentina/
The most important Argentinian companies that offer Spinal products are the following:
1.-NOVAX DMA
NOVAX DMA is an international company from Argentina focused on Research, Development , Manufacturing and Distribution of Innovative medical technology. They sell in more than 15 countries worldwide and since 1995 they develop implants for Spine, Orthopedics and Maxilofacial surgery. Their portfolio is very complete including stand alone cages, MIS systems, retractors, etc. For us, and as can be seen in the attached table (Table 1) , it is the company with the most complete Spine portfolio, covering almost all product categories.
As an example:
For more information please visit: http://www.novaxdma.com
2.-American Implant
American Implant designs, manufactures and controls the quality control of all its products, such as the Grail Polyaxial Screw or the RAZZOR interbody posterior fixation system.Likewise, they constantly seek the incorporation of new technologies, essential for the fulfillment of the company’s objectives.For American Implant it is of vital importance to maintain the level of excellence and responsibility is fundamental to carry forward a relationship of trust with our clients.
Their spine portfolio focuses on basic degenerative pathology including interbody cages, a lumbar fixation system (GRIAL SYSTEM) and interspinous devices.
Please, for more information visit: http://www.americanimplant.com
3.-SAI (South America Implants)
SAI is one of the leading manufacturer of implants and prostheses in Argentina. Their products and services meet high quality standards worldwide and we have gained a dominant position as one of the leading brands in many countries. They offer solutions and support services for all types of Traumatology, Arthroscopy and Spine procedures, among others.SAI is currently developing and producing over 30% of implants and prosthetic components used in our region.
Their spine products catalogue is quite complete. It includes the IRONLOCK Posterior system as well as PEEK interbody cages. Also, they have more differentiated systems as the stand alone cervical cage (X-ZONE) or the Lateral Lumbar Cage X-LOCK SYSTEM.
As an example:
Please, for more information visit:https://southamericaimplants.com
4.-Bioadvance Argentina
For more than a decade we have provided medical solutions throughout Latin America. With subsidiaries in Mexico, Chile, Argentina and operational headquarters in the United States, we offer high-quality, innovative and clinically tested products. We seek to be the solution in prosthetics and implants, offering our clients the most complete, innovative, competitive and safe ranges for traumatology, neurosurgery and arthroscopy. Our products meet high quality standards around the world that allow us to guarantee quality and safety to patients.
Their spine portfolio includes as the main products:
- OVERFIX Cellent MIS-Brochure.Bioadvance.pdf
- OVERFIX Cellent Posterior-Cervical-Brochure.Bioadvance.pdf
- OVERFIX-Cellent-CSS-Posterior-Degen-Brochure.Bioadvance.pdf
Website:: https://www.bioadvance.com.ar
5.-SPINE ARGENTINA
SPINE ARGENTINA is a company dedicated to the technological development, commercialization and distribution of products in the orthopedic surgery line, with extensive experience in the national and international market in spine pathology surgeries. Our company, at the beginning of the year 2002, developed surgical implants with quality control tests with adequate metallographic indexes and biomechanical tests that demonstrate an implant of excellent quality.
Their spine portfolio is focused on degenerative spine including PEEK cages, an Spine Degenerative system (SCA IV) and an interspinous device.
For more information please visit: http://www.spineargentina.com.ar
6.-Micromed System
Micromed System stands out for its trajectory in the orthopedic industry, specializing in Arthroscopy and Sports Medicine.Its core activity is the development, manufacture and marketing of biomedical products complying with the highest and strictest standards of quality and service standards required by the regional and international markets
In spine, their range of products include: Peek Cervical, PLIF, TLIF cages, a Cervical Cage and the Dyna Spine Lumbar system.
Please, for more information visit: https://www.micromedsystem.com
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