The Medical Device Market: Venezuela

The Medical Device Market: Venezuela

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The Bolivarian Republic of Venezuela is situated on the northern coast of South America and is bordered by Brazil to the south, Colombia to the west and Guyana to the east. The country is divided into 23 administrative states, one capital district* and one federal dependency**: Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Capital*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy and Zulia. The federal dependency consists of 11 federally-controlled island groups with a total of 72 individual islands. The capital is Caracas.

In US dollar terms, the medical device market has fallen to US$1.4bn in 2013, due to the devaluation of the bolivar. Imports represent a high part of the market, with over 90% of the total, but are tightly controlled. The latest annual cumulative data shows that imports fell by 10.0% in the 12 months to October 2012, which indicates that imports are not expected to maintain the rapid growth experienced in 2010 and 2011. Taking into account maxi-devaluations of the bolivar, the market is projected to rise by a low 2013-2018 CAGR of 1.7%. Historical medical market growth has been volatile, but much higher, with a 2008-2013 CAGR of 9.2%, explained by the implementation of Barrio Adentro. Thanks to a huge import rise in recent years, per capita spending, valued at US$47.6 in 2013, has leapfrogged above even richer Latin American countries such as Mexico and Brazil. Expenditure is heavily concentrated in Caracas and other major urban areas.

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Espicom's highly-regarded world medical technology and device market research reports provide enhanced strategic intelligence in a user-friendly format. Each report provides in-depth information, setting the medical equipment market in context. The reports provide:

Unique projected estimates of market size and growth for 33 equipment categories
Five year statistical data for key economic and healthcare indicators
Information on regulation, distribution and market access, including Espicom's unique distributor directory
Detailed Medical trade data
Data on leading local/multinational medical equipment players in the market

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Related Pages

The Medical Device Market USA

The Medical Device Market Argentina

For more information please click on the link to Medical Market Reports


Table of Contents

Espicom Industry View
Espicom Industry View
SWOT
Medical Device Market
Political
Economic
Business Environment
Industry Forecast
Medical Device Market Forecast
Past Performance 2008-2013
Future Performance
Table: Projected Medical Device Market, 2013-2018
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$mn)
Table: Detailed Medical Device Market By Product Area, 2008-2018 (US$ Per Capita)
Table: Detailed Medical Device Market By Product Area, 2008-2018 (% Of Total)
Table: Detailed Medical Device Market By Product Area, 2009-2018 (US$mn, % Change)
Consumables Market Forecast
Table: Consumables Market, 2008-2018 (US$mn)
Table: Consumables Market, 2008-2018 (US$ Per Capita)
Table: Consumables Market, 2009-2018 (US$mn % Change)
Diagnostic Imaging Market Forecast
Table: Diagnostic Imaging Market, 2008-2018 (US$mn)
Table: Diagnostic Imaging Market, 2008-2018 (US$ Per Capita)
Table: Diagnostic Imaging Market, 2009-2018 (US$mn % Change)
Dental Products Market Forecast
Table: Dental Products Market, 2008-2018 (US$mn)
Table: Dental Products Market, 2008-2018 (US$ Per Capita)
Table: Dental Products Market, 2009-2018 (US$mn % Change)
Orthopaedics & Prosthetics Market Forecast
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$mn)
Table: Orthopaedics & Prosthetics Market, 2008-2018 (US$ Per Capita)
Table: Orthopaedics & Prosthetics Market, 2009-2018 (US$mn % Change)
Patient Aids Market Forecast
Table: Patient Aids Market, 2008-2018 (US$mn)
Table: Patient Aids Market, 2008-2018 (US$ Per Capita)
Table: Patient Aids Market, 2009-2018 (US$mn % Change)
Other Medical Devices Market Forecast
Table: Other Medical Devices Market, 2008-2018 (US$mn)
Table: Other Medical Devices Market, 2008-2018 (US$ Per Capita)
Table: Other Medical Devices Market, 2009-2018 (US$mn % Change)
Annual Medical Device Imports
Venezuela Medical Devices Report Q1

Table: Medical Device Imports By Product Area, 2008-2011 (US$000s)
Table: Medical Device Imports By Product Area, 2009-2011 (US$000s, % Change)
Table: Medical Device Imports By Product Area, 2008-2011 (Local Currency 000s)
Table: Medical Device Imports By Product Area, 2009-2011 (Local Currency 000s, % Change)
Table: Medical Device Imports By Product Area, 2008-2011 (% Distribution)
Table: Leading Medical Device Suppliers By Product Area, 2011 (US$000s)
Table: Leading Medical Device Suppliers By Product Area, 2011 (% Distribution)
Table: Top 20 Medical Device Suppliers, 2011 (US$000s)
Table: Detailed Medical Device Imports By Product Area, 2008-2011 (US$000s)
Table: Detailed Medical Device Import Trends By Product Area, 2011
Table: Detailed Leading Medical Device Suppliers By Product Area, 2011 (US$000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports By Product Area, February 2010 - October 2012 (US$mn)
Annual Medical Device Exports
Table: Medical Device Exports By Product Area, 2008-2011 (US$000s)