The Latin American market for gynecological devices will be driven by increased patient awareness and physician preference for noninvasive techniques. However, the poor economic conditions and extensive price pressure in Latin America will hinder the adoption of premium-priced products. Additionally, the COVID-19 pandemic will negatively impact procedure volumes and device sales.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for gynecological devices in Latin America across a 10-year period.
The COVID-19 pandemic will negatively impact the Latin America gynecological device market.
Which types of procedures and device segments will be most impacted?
At what pace are gynecological device markets expected to recover?
Local competitors are taking advantage of favorable government policies, their strong domestic distribution networks, and lower manufacturing costs to penetrate the Latin American market.
Which companies are seeing success by following this strategy?
Which MNCs are at risk of losing share to domestic manufacturers?
Some market segments are being negatively impacted by product safety concerns.
Which market segments are being impacted by safety concerns?
Which countries are most impacted by these concerns, and which are least impacted?
Economic constraints across Latin America have influenced purchasing decisions among health care facilities.
Which gynecological device segments will be the most influenced by budgetary restrictions?
How do these challenges affect manufacturer pricing decisions in Latin American countries?
- Gynecological Devices - Market Insights - Latin America
Author(s): Benny Jacob, MS
Benny Jacob is an analyst on the Endoscopy, Diagnostics, and Healthcare IT Medtech Insights team at DRG (Part of Clarivate), specializing in the ENT Devices market. Benny has a background that covers Data Science, Systems Neuroscience and Bioinformatics. Benny has a Masters' Degree in Computational Biology from Carnegie Mellon University, Pittsburgh and a Bacherlor's Degree in Biotechnology from Manipal Institute of Technology, Manipal (India).