Respiratory devices market of Argentina poised to grow at CAGR of 11.77% over 2015-2020

 

The respiratory devices market of Argentina may reach USD 0.352 billion by 2020 from USD 0.187 billion in 2015 by growing at a healthy CAGR of 11.77%, as per a report published by Mordor Intelligence. Key aspects driving the growth of the market, include an expanding population base suffering from chronic obtrusive pulmonary disease, a rising number of cases of patients living with various respiratory disorders, technological advancements, and increased disposable income in developing nations. However, factors such as expensive devices, increased sophistication in the usage of the devices, and lack of skilled professionals may limit the growth of the market.