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Healthcare Expansion Projects in Venezuela May Open Up Opportunities in the Medical Devices Market.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c48173) has announced the addition of Espicom Business Intelligence's new report: The Medical Device Market: Venezuela to their offering.

With a population approaching 30 million, Venezuela is a medium-sized South American country. It is economically under-developed, although rich in natural resources, notably oil. The country has a history of political instability and is currently ruled by the charismatic but divisive President Hugo Chavez, a former army officer. Venezuela's healthcare system is complex and inefficient, a feature common to many Latin American countries. Many facilities are outdated in terms of equipment and infrastructure, and are under-funded. However, the Barrio Adentro projects aim to change this and the situation is slowly improving. The second phase (BA II) aims to open 600 centres providing diagnostics (CDI CDI compact disc interactive: a system for storing a mix of software, data, audio, and compressed video for interactive use under processor control ), rehabilitation (CRI CRI

constant-rate infusion.
) and high-tech (CAT) services; there were 60 operational in 2005. The third phase (BA III) aims to improve resources in the 296 public hospitals, particularly in terms of medical equipment, after a lack of investments for over 30 years. Therefore there might be opportunities for the industry.

The country has managed to attract a limited amount of international aid in the health sector; there is one World Bank funded project currently active. The government has formulated a number of health projects and plans, although implementation remains a serious concern. The market is heavily reliant on imported products; there is little domestic production and none at all of high-end apparatus.

In the public sector, there are many restrictions in terms of medical supplies & equipment. The health centres and hospitals are obsolete, some health centres have closed and, overall, services are negligible. Many patients need to go to private facilities for lab tests, X-ray, CT and ECG ECG electrocardiogram.

ECG
abbr.
1. electrocardiogram

2. electrocardiograph


ECG
Also called an electrocardiogram, it records the electrical activity of the heart.
 scans. Basic items such as syringes, gauze, alcohol, gloves, sutures and sera are also in short supplies. The sector is also affected by corruption.

Manufacturers utilising Venezuelan importers are able to take advantage of special arrangements available to ALADI ALADI Asociacion Latinoamericana de Integracion (Spanish: Latin American Integration Association)
ALADI Associazione Latino-Americana Di Integrazione (Italian: Latin American Integration Association) 
 (Asociacion Latino-Americana de Integracion) pact members, through which they can import without going through a lengthy and uncertain foreign exchange application process. Those distributors which import from other ALADI member countries also receive a 60% reduction in custom duties.

BACKGROUND DATA

GEOGRAPHY

POLITICAL OVERVIEW

ECONOMIC OVERVIEW

GDP GDP (guanosine diphosphate): see guanine. , 2004-2011

POPULATION

Population, 2000-2006

Projected Population by State, 2005

Population by Age, 2006

Population, 2004-2011

DEMOGRAPHIC INDICATORS

Demographic Indicators, 1999-2005

MORTALITY

Selected Causes of Death, 2004

Top Ten Causes of Male Deaths, 2004

Top Ten Causes of Female Deaths, 2004

MORBIDITY

Dengue dengue
 or breakbone fever or dandy fever

Infectious, disabling mosquito-borne fever. Other symptoms include extreme joint pain and stiffness, intense pain behind the eyes, a return of fever after brief pause, and a characteristic rash.
 

Reported Cases of Dengue, 1999-2005

HIV/AIDS HIV/AIDS Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome  

HIV/AIDS Cases, 1997-2004

Malaria

Reported Cases of Malaria, 1999-2005

Tuberculosis

Reported Cases of Tuberculosis, 1999-2003

Yellow Fever

Vaccination

Vaccinations Administered, 2003

CHARTS

Map of Venezuela

Population by Age, 2006 (%)

HEALTHCARE SYSTEM

ORGANISATION & ADMINISTRATION

MSDS MSDS Material Safety Data Sheets, see there  

Healthcare Decentralisation

IVSS IVSS Instituto Venezolano de los Seguros Sociales (Spanish)
IVSS Intelligent Vehicle Safety Systems
 

IVSS Coverage, 1990-2001

HEALTH EXPENDITURE

Public & Private Health Expenditure, 1995-2000 (VEB VEB

In currencies, this is the abbreviation for the Venezuelan Bolivar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 Billion)

Public & Private Health Expenditure, 1995-2000 (%)

MSDS Health Expenditure

MSDS Health Expenditure, 1990-2004

MSDS Health Budget, 1994-2005

MSDS Health Budget by State, 2003 & 2004 (VEB Billion)

HOSPITAL SERVICES

Hospital Resources

Public Hospitals by Type & Provider, 2000

Public & Private Hospitals by State, 1998

Public Hospital Beds by State, 2003

Selected Medical Equipment & Services by Sector, 2000

Hospital Activity

IVSS Medical & Dental Consultations by Type, 1999-2003

AMBULATORY CARE

Barrio Adentro's Healthcare Points by State, 2005

World Bank Caracas Metropolitan Health Services Project

MEDICAL PERSONNEL

MSDS Health Personnel by Region, 2002

Barrio Adentro's Health Personnel, April 2005

IVSS Health Personnel by Type, 1999-2003

ACCESSING THE MEDICAL DEVICE MARKET

INTRODUCTION

REGULATORY ENVIRONMENT

DISTRIBUTION

TRADE FAIRS

Expomedica Internacional

DISTRIBUTORS

DISTRIBUIDORA MEDICA medica (māˑ·dē·k  PARIS Paris, in Greek mythology
Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt.
 

LABORATORIOS CIENVAR

LABORATORIOS DAI

SEIJIRO YAZAWA IWAI IWAI Inland Waterways Association of Ireland  

DOMESTIC PRODUCTION

Trade Associations

CAFAME

DIRECTORY

Government Organisations

Trade Associations

For more information visit http://www.researchandmarkets.com/reports/c48173
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Publication:Business Wire
Date:Jan 11, 2007
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