Spotlight On Latin America: Regional Transition Brings Big Opportunities For Medical Device Manufacturers

Latin America’s 30-year transition toward urbanization and economic growth has opened up a huge opportunity for medical device companies to provide treatment solutions for the “diseases of affluence” that are now common in the region. Device imports into Latin America totaled nearly $8 billion in 2009 and import growth is expected to remain strong going forward, particularly in Brazil and Mexico. The outlook is particularly positive for the heart and vascular disease markets.