The Latin America MedTech Market

MedTech in Latin America Current State and Outlook for 2013 The Medical $10.5 Device market in Latin America is worth $10.5 billion and still growing! Billion There are approximately 500-600 million people, including a large pediatric population, across Latin America KEY STATISTICS We chose Costa Rica to be close to our customers in Latin America," said Andy Becker, VP and general manager of Helix's Carpenteria, CA and Costa Rica operations. "The country offers a large medical device community with a skilled workforoe as well as a good reputation for security and infrastructure." In 2011, exports of medical devices E vou had said we'd be making Class II devices in Mexico at Six Sigma levels a dozen years ago, people would have thought we were nuts," J. Randall Keene, president and ÇEO of Avail, said. "Today, we can do it." accounted for 3.0% of Costa Rica's GDP and represented 11.8% of the total exports of goods (US $1.2 billion In 2011, Colombia imported medical equipment & supplies valued at $799.3 million Exports of medical equipment and supplies in Mexico were valued at $6.2 billion in 2011 Venezuela is the third leading importer of medical equipment and supplies within Latin America. Total imports for 2012 $1.9 billion The government invested $333 million to improve Peru's health establishments Brazil's medical exports reached $555.1 million in 2011. Chilean medical market for medical equipment and supplies $651.4 million Brazil has the largest economy and largest medical device market in Latin America. 208 Argentina has one of the highest percentages in the region aged 65 and over (11.1%, 4.6 million in 2012), a significant customer base 158 108 2012 Cost-related advantages have drawn medical device OEMS to Mexico and Latin America 2016 The medical technology market has been growing at double-digit rates and is expected to reach $20 billion by 2015, according to Frost & Sullivan POPULATION AND GDP The Latin American MedTech market represents 485 million people and a GDP of $5.2 trillion Population 200M GDP Per Capita 20K 485 Million $5.2 Trillion 150M 15K 100M 10K S0M SK Mexico Peru Brazil Ch Argentina Colombia Venezuela Peru Mexico Venezuela ubmcanon.com/medical MedTechWorld. Brazil Chi Argentina Colombia