Top 2022 Opportunities with Peru’s Medical Equipment Market
As of August 2021, Peru’s National Cancer Law went into effect. Its primary objective is to “guarantee universal, free and priority coverage of health services for all oncology patients, regardless of the type of cancer they suffer from.” However, the law also authorizes the Ministry of Health to carry out the technological renovation of biomedical equipment, as well as the expansion and improvement of the oncology hospital infrastructure at a national level, according to the budgetary availability of its sector.” In line with this great advance for Peruvians, purchases of linear accelerators and high-precision radiotherapy equipment by public and private hospitals have been recorded in the last year. Thanks to this new standard, and the intangibility of the cancer budget, which prevents resources from being diverted to other services, an excellent opportunity has opened up for the medical device industry.
GHI recently conducted an analysis of procurement trends in Peruvian hospitals, calculating the compound annual growth rate (CAGR) between 2019 and 2023. Based on those calculations and other analyses, below we break down the types of medical equipment with the highest projected growth, as well as the types that will contract the most in 2022.
The 10 Medical Equipment Categories with the Greatest Projected Growth in Peru in 2022
Linear accelerators in Peru’s hospitals
Projected 39% increase in 2022
PET scanners in Peru’s hospitals
Projected 23% increase in 2022
Stereotactic mammography in Peru’s hospitals
Projected 23% increase in 2022
Endoscopic lithotripters in Peru’s hospitals
Projected 22% increase in 2022
Patient monitors in Peru’s hospitals
Projected 16% increase in 2022
Fluoroscopes in Peru’s hospitals
Projected 13% increase in 2022
Lithotripters in Peru’s hospitals
Projected 12% increase in 2022
Laparoscopic surgery equipment in Peru’s hospitals
Projected 11% increase in 2022
MRI machines in Peru’s hospitals
Projected 11% increase in 2022
Bone densitometers in Peru’s hospitals
Projected 9% increase in 2022
The 5 Medical Equipment Categories with the Highest Projected Contractions in Peru in 2022
RIS in Peru’s hospitals
Projected 29% contraction in 2022
Hyperbaric chambers in Peru’s hospitals
Projected 16% contraction in 2022
Radiotherapy equipment in Peru’s hospitals
Projected 14% contraction in 2022
Hemodialysis machines in Peru’s hospitals
Projected 8% contraction in 2022
Cobalt therapy machines in Peru’s hospitals
Projected 8% contraction in 2022
Next Steps
Contact us to obtain more detailed data on the medical equipment market in Peru. We can help with several key resources, such as:
HospiScope: Subscribing to this database allows you to access millions of data points for nearly 90% of the hospitals in Latin America.
SurgiScope: Subscribing to this database allows you to see the surgical procedures taking place in hospitals in LatAm’s key hospital markets, which in turn can be used to gauge market demand for your products, market projections and more.
ShareScope: This service reveals market share in different markets for more than 30 different types of medical equipment.
LatAm Hospital Monitoring Service: Subscribing to this service gives you weekly updates on Latin American hospitals in the country of your choice, all accessible through a power business intelligence platform that features cutting-edge data visualization tools.
In-Scope: Customized research into the LatAm medical equipment market of your choice that will deliver a proprietary report offering the insights you need to make strategic decisions in 2022 and beyond.
