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Chile Medical Devices Report Q1 2017

  • November 2016
  • -
  • Espicom Business Intelligence
  • -
  • 132 pages

The medical device market is small but per capita expenditure ranks highest in Latin America. We forecast a high single-digit 2015-2020 CAGR in US dollar terms, fuelled by public hospital modernisation. The market will remain reliant on imports as production is limited. Chile has generally avoided regional full membership in trading blocs such as MERCOSUR or CAN, preferring bilateral agreements such as its FTA with the USA, which will continue to shape market trends.

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Chile Medical Devices Report Q1 2017

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