2009-12-01 18:03:53 -

Research and Markets ( www.researchandmarkets.com/research/5b28f2/the_medical_device : ) has announced the addition of the " The Medical Device Market: Mexico : " report to their offering.

This in-depth medical device market report is ideal for executives wanting to understand the key drivers in medical markets and have access to a wealth of statistical data. Each report opens with an outlook section that provides analysis of the market, 5-year market forecasts, national data projections, market outlook and key developments such as regulation, health facilities and government policy. The report also provides extensive background information, population trends, health status, health expenditure, organisation & administration, hospital services, medical personnel, healthcare development, market access information, trade data and essential industry contacts. Included with the

report are 3 free quarterly updated outlook reports, enabling you to keep up to date with market developments for a year.

Executive Summary


With a population of 111.2 million and a GDP of US$764.8 billion in 2009, Mexico is the second largest medical equipment market in the Latin American region, valued at US$1.9 billion. Brazil, which Mexico is usually compared to, has a market size of US$2.6 billion in 2009, but it has nearly twice the population of Mexico and a GDP of US$1.2 trillion in 2009. Per capita expenditure in Mexico, therefore, is higher than in Brazil, at US$17.

The market is dominated by imports, principally from the USA. US manufacturers benefit from geographic proximity and preferential terms under NAFTA. Some of these imports, however, are used to produce goods which are eventually sent back to the USA. Imports were valued at US$2.2 billion in 2007, which represented an increase of 3.5% over the previous year. Mexico is the third largest medical importer in the Americas, behind the USA and Canada; Brazil is not a big importer in comparison, as it relies on local production.

Prior to 1993, Mexico consistently ran a balance of trade deficit in medical equipment. In 1993, however, mainly due to the 'maquiladora' activity of US companies, exports soared and growth has been rapid ever since. Companies are able to take advantage of cheaper production costs, including competitive wages, while in close proximity to the USA. NAFTA and the devaluation of the peso in the mid 1990s contributed to growth in this industry sector.

Exports of medical equipment and supplies were valued at US$4.6 billion in 2007, which represented an increase of 16.6% over the previous year.

Almost all of Mexico's exports are shipped across to the USA, which accounted for 91.7% of the total in 2007; the EU-27 represented a further 7.2% of the total. Medical consumables are the major export area, but exports of orthopaedic & implantable products are rapidly increasing.

Under a Decree which reformed Article 376 of the General Health law, published on 24th February 2005, sanitary registrations for medical devices are granted for a five-year period. The requirements to renew sanitary registrations for medical devices were published on 2nd January 2008. About 30,000 registrations of medical devices are expected to be renewed by 24th February 2010, although the industry believes that this is a tight deadline and has asked for an extension.


Key Topics Covered:

- EXECUTIVE SUMMARY
- MEDICAL DEVICE MARKET
- KEY NATIONAL DATA PROJECTIONS
- POLITICAL OVERVIEW
- DEMOGRAPHIC INDICATORS
- MORTALITY
- AIDS
- CHARTS
- ORGANISATION & ADMINISTRATION
- HEALTH EXPENDITURE
- AMBULATORY CARE
- MEDICAL PERSONNEL
- CHARTS
- REGULATORY ENVIRONMENT
- DISTRIBUTORS
- DOMESTIC PRODUCTION
- Multinational Activity
- Arrow International
- Baxter
- Becton Dickinson
- dj Orthopedics
- Fresenius
- Gambro
- Johnson & Johnson
- Kimberly-Clark
- Mallinckrodt (Tyco Healthcare)
- Masimo
- Smiths Medical
- Domestic Producers
- DIRECTORY


For more information visit www.researchandmarkets.com/research/5b28f2/the_medical_device :

Source: Espicom Business Intelligence Ltd

Research and MarketsLaura Wood, Senior Manager, press@researchandmarkets.com : mailto:press@researchandmarkets.com U.S.

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