The Medical Device Market: Chile - New Market Report
Espicom Industry View: The Chilean medical device market is small but per capital expenditure ranks second in Latin America. Espicom forecasts a high 2013-2018 CAGR of 12.4% in US dollar terms, fuelled by planned public hospital modernisation, taking the market to US$1.3bn. Medical device imports are extremely high, 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 has shaped...
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