Medical device market value in US dollar terms has plummeted due to local currency devaluation. Other medical devices, consumables and diagnostic imaging have large market shares. Barrio Adentro explains much of the historical market growth. The market is heavily concentrated in Caracas and other major urban areas. The market used to rely on imports, which are now tightly controlled by the government. Imports have fallen since peaking in 2011, due to local currency devaluation and import shortages. Per capita expenditure has fallen; it used to leapfrog above other Latin American countries.

BMI Industry View

SWOT

Industry Forecast

Medical Device Market Forecast

Consumables Market Forecast

Diagnostic Imaging Market Forecast

Dental Products Market Forecast

Orthopaedics & Prosthetics Market Forecast

Patient Aids Market Forecast

Other Medical Devices Market Forecast

Annual Medical Device Imports

Monthly Medical Device Imports

Annual Medical Device Exports

Monthly Medical Device Exports

Industry Risk/Reward Index

Market Overview

Medical Device Market Overview

Healthcare Overview

Industry Trends And Developments

Regulatory Development

Medical Device Regulations

Medical Device Pricing & Reimbursement

Competitive Landscape

Domestic Medical Device Manufacturing

National Medical Device Manufacturers

Multinational Medical Device Manufacturers

Multinational Market Activity

Medical Device Market Access

Methodology