HospiScope – Global Health Intelligence – Healthcare Market Insights for Emerging Markets https://globalhealthintelligence.com The leading source for hospital data and market intelligence across Latin America and Asia. Mon, 16 Feb 2026 18:18:20 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://globalhealthintelligence.com/wp-content/uploads/2025/11/cropped-Profile-32x32.png HospiScope – Global Health Intelligence – Healthcare Market Insights for Emerging Markets https://globalhealthintelligence.com 32 32 LatAm’s Best-Selling Medical Equipment https://globalhealthintelligence.com/ghi-analysis/latams-best-selling-medical-equipment/ Mon, 03 Jun 2024 08:00:16 +0000 https://globalhealthintelligence.com/?p=7328/ Below we break down some of the top sellers in the region, using a combination of market projections and in-house data from our HospiScope and ShareScope services. HospiScope tracks equipment and personnel counts for Latin American hospitals, while ShareScope analyzes market size and share of different medical device/equipment brands using import data. Here’s a look at the types of medical equipment and devices posting some of the top sales figures now and over the next few years.

1) Dialysis Equipment

Dialysis machines are used as a substitute for kidneys to help purify the blood. The market for this equipment in Latin America—which includes hemodialysis machines, dialyzers, peritoneal dialysis equipment, equipment for continuous ambulatory peritoneal dialysis and intermittent peritoneal dialysis and more—will reach a value of US$4.27 billion by 2027, growing with a CAGR of 7.8% between now and 2027.

FURTHER DATA: This growth trend is reflected by GHI’s data—to a certain extent. According to our MedTech Outlook: Latin America 2024 report, the amount of hemodialysis machines went up in Latin American hospitals in different markets during 2022-2023. For example, the amount of hemodialysis machines in Argentine hospitals went up nearly 9% in 2023 and there was also an increase in hemodialysis machines in hospitals in Mexico and Peru. You can find out more about acquiring the MedTech Outlook report here.

 

#2 Respiratory Devices

Worth US$ 2.24 billion in 2023, the LatAm market respiratory devices market will grow at a CAGR of 8.74% between now and 2028 to reach a value of US$3.4 billion.

FURTHER DATA: GHI’s ShareScope (BrandTrack) offers import data for medical equipment in Latin America, including respiratory devices.

 

 

#3 Infusion Pumps & Accessories

Infusion pumps are a critical accessory for hospitals and medical centers for the delivery of large amounts of fluids, nutrients or medications to chronically ill patients. And it’s one area that is showing major growth in various Latin American markets in recent years. Currently, the infusion pumps and accessories market is forecast to grow at a rate of 7.8% in Latin America from 2024 to 2029.

FURTHER DATA: GHI’s MedTech Outlook: Latin America 2024 report shows that the amounts of infusion pumps increased in 2023 in hospitals in Argentina, Brazil, Central America, Chile, Colombia and Peru. HospiScope offers more details as to specific amounts increasing in different hospitals and PriceScope can help you obtain pricing data on infusion pumps for hospitals in Latin American markets to help your strategy in that area.

 

#4 Endoscopy Devices

Endoscopes, which are cutting-edge instruments that can diagnose or treat areas inside the body without invasive procedures, have been growing throughout the Western world for some time now. And now that growth is finally making its way to Latin American markets, as well. The endoscopy device market in LatAm is already substantial, at US$2.25 billion in 2023. But it’s forecast to reach US$2.99 billion by 2028. That’s a projected CAGR of 5.84%.

FURTHER DATA: GHI’s MedTech Outlook report shows that the amount of endoscopes and endoscopy towers increased in 2023 in hospitals in Argentina (8.3%), Brazil (12%), Central America, Chile, Colombia, Mexico and Peru (endoscopy device increase data for these other countries/regions is available if you purchase the report). This 100-page report will give you and your team deep market knowledge in minutes through its easy-to-read infographic design. You can contact us directly to request a 10-minute call that will show you the report’s contents so you can see the value it can bring to your sales and marketing team.

You also can subscribe to HospiScope to obtain fresh data on base installed equipment like endoscopes for more than 18,000 hospitals in Latin America.

GET 90 SALES PROSPECTS IN 90 SECONDS

Increasing your sales of medical equipment in Latin America has never been easier.

SEE HOW

 

#5 Prosthetic Heart Valves

The value of the Latin American prosthetic heart valves market is growing with a CAGR of 13.6% between now and 2027. The market’s value will be US$1.4 billion by 2027, compared to its 2022 value of US$.74 billion.

FURTHER DATA: GHI’s PriceScope features data on prosthetic heart valves. You can contact us directly to obtain a demo for PriceScope.

 

#6 Cardiac Assist Devices

Cardiac assist devices, which are cutting-edge pumps that increase blood flow, are a potentially life-saving treatment for those with congestive heart failure. And data has shown that this growing device market will continue to see great increases throughout Latin America in the coming years. The market for these devices is currently forecast to grow at a rate of 7.45% through 2028. These projections put the forecast value of the cardiac assist devices market at US$207.4 million by 2028.

 

#7 Electrosurgery Devices

The Latin American market for these devices—which include generators, instruments and accessories, as well as argon and smoke management systems—is expected to grow with a CAGR of 6.93% between now and 2021 to reach a value of nearly US$1 billion by 2027, up from a market value of US$0.64 billion in 2022.

FURTHER DATA: GHI’s Hospiscope tracks counts for surgical generators in Latin American hospitals. Contact GHI for more information.

 

#8 Nuclear Medicine Radiopharmaceuticals

Radiopharmaceuticals are injected into the body to serve as either diagnostic or therapeutic agents. And it’s big business in Latin America now, where the forecast market growth is projected at 12.4% through 2028. This puts the overall market value at US$1.93 billion by 2028.

FURTHER DATA: These radiopharmaceuticals are used in nuclear medicine systems. According to HospiScope data, nuclear medicine systems have grown significantly in hospitals in different Latin American markets.

Next Steps

For medical device and equipment manufacturers, exploring data from HospiScope and ShareScope may be helpful in parsing these larger growth trends in equipment categories so as to identify sales opportunities.

Contact GHI to learn more about these services and how they can help you scale up sales or get a deeper understanding of the market.

 

]]> Digitalization in Health and the New Role of the Patient https://globalhealthintelligence.com/ghi-analysis/digitalization-in-health-and-the-new-role-of-the-patient/ Wed, 18 May 2022 10:40:20 +0000 https://globalhealthintelligence.com/?p=17244 This is the second piece in our series of articles titled Lessons Learned from the Pandemic, a review of the issues that we have dealt with in the healthcare industry over the past two years. Health crises and their economic consequences, social impact, new ways of working, virtuality, and new forms of health care are some of the big issues we will be looking at in this series.

In this second installment, we will be looking at digitalization in health and the new role of the patient, both of which are topics tied to the digital transformation the sector has been experiencing, but which the pandemic has made us rethink. 

LESSON 1: DIGITALIZATION IN HEALTH IS HERE TO STAY

The changes and the digital transformation that the industry has been through have been accelerated by the pandemic: virtual health care; patient follow-up through apps; deals struck in meetings on Google Meet or Zoom; trainings for physicians on how to use devices through virtual-reality sessions; the list goes on. However, despite having advanced a great deal in the way patients receive treatment and the way the health system helps keep everything running, there is still much to be done.

In one of our studies conducted through HospiScope, we classified telehealth (TH) into four main categories: participation in TH when the hospital has a telehealth program; TH centers when there is a center with specialists that the hospitals connect to, such as centers of excellence in other disciplines; medical monitoring (spoke TH), when the hospital has a system connected to the service provided by the TH center at which the specialists are located; and international TH, when the hospital takes part in international TH.

In HospiScope we have extensive data about equipment and technology for almost 90% of hospitals in Latin America, so our figures should be fairly representative of the resources available in the region.

According to our analysis, approximately:

  • 6% of hospitals in Latin America provide that service to patients through a system of medical monitoring
  • 1% of hospitals in Latin America form part of international TH

These data remained stable between 2020 and 2021. There is clearly a big opportunity in this segment. In line with our analysis, Meet Technology Review has conducted a survey in which 95% of those interviewed say that telehealth is a fundamental element to take into account in the transformation.

Health and technology have been working together for some time, but the need to speed up these processes in order to expand access to health has led to the automation of tasks, which meant that human involvement could be used in cases where it is necessary. So, for example, apps have been created to provide monitoring on patients with non–life threatening illnesses, and improvements have been seen in user experiences with regard to chronic patient monitoring and hospital appointment systems. This in turn meant that health-care personnel, nurses and doctors, would provide their time and knowledge to those who really needed it.

Another of the opportunities we have identified in the health digitalization process is the use of analytics (data analysis), key to information-based decision making, which in many cases is generated by the patients themselves.  However, we still have a long way to go: for example, according to data from Global Health Intelligence (GHI), 36% of health companies in Latin America already have some kind of strategy for prevention and vigilance, while the other 64% are still at the initial stages of developing this strategy.

We have a great window of opportunities before us for technology companies to start out on a pathway we have already seen in several sectors. Xsensio has developed a device for monitoring athletes’ sweat and detecting potential health problems, while HEMOTUNE promises to regenerate blood to prevent the death of patients from infections and intoxication. Despite these advances, as we mentioned in the first article in this series, to achieve an effective health system in the long term, the focus of attention must be on preventive diagnosis and a primary-care strategy. In addition to heavy investment in development, data are key when it comes to knowing where to make investments.

At GHI we believe there are great opportunities, as health digitalization is one of the most important links in the chain moving forward, and the transformation should not become a missed opportunity. However, our data unfortunately show that, for many organizations, TH has just been a band-aid that has helped at a difficult time, rather than an opportunity to bring about real change. Time will tell why a qualitative leap could not be achieved, but at a glance it appears that it could be down to our cultural habits. 

Digitalization in Health and the New Role of the Patient

LESSON 2: THE PATIENT IS NO LONGER A SPECTATOR AND NOW PLAYS A LEADING ROLE IN THEIR OWN MEDICAL HISTORY

The patient has taken on an active role, both in their diagnosis and their treatment, and their empowerment forces us to change our communication strategy. The ways in which organizations and physicians relate to patients are completely different than what we were used to.

Today, it is easy to google a symptom and draw conclusions about it—as an enormous number of people do—but the misuse of tools can lead to a number of problems. Are we ready to assume this change?  Is the excess of information positive or negative? 

Integrating the technology and the patient into health systems speeds up the clinical investigation process, achieving greater efficiency and increasing the development of medical devices and drugs that cover unmet needs. On the other hand, along with technology we are seeing the rise of medfluencers (social influencers concerned with medical topics), a new channel in which different health professionals share their knowledge through the various social networks.

At GHI, we have found that most multinational health companies have patient-education programs and campaigns ranging from fundamental topics like obesity to more technical questions such as laparoscopic procedures. These programs tend to be long-term, as their main goal is to change habits, and none of them are carried out in isolation. People in the industry talk about the 5 Ps: Patient, Physician, Purchase Manager, Payer, and Policymaker. The most successful patient-education programs look for points of contact with each of these players.

For a long time, the patient was not part of the conversation about their own health, and one of the main challenges today is for doctors, who feel they have power over the health of their patients and do not want to let go of it, to release medical histories and allow the digitalization of medical files.

Patients nowadays want to have a bigger role within the health sector, not only to give their opinion about their own condition, but also to help and protect those who are newly diagnosed.  In this context they have set up groups to share experiences and lessons learned, generating a space for positive exchange that challenges traditional medical care. 

We are clearly at a pivotal moment with respect to the health sector that has never been so exposed. The industry needs new standards, and technology can provide that leap of quality and integration that is required by putting the patient center stage and reinforcing ethical considerations. 

Next Steps

Contact us if you are interested in exploring further how these lessons are being applied, perhaps through a personalized study that will help you outline new strategies for your business or create new initiatives. We can also provide you with subscriptions to our data services, such as HospiScope, SurgiScope, LatAm Hospital Monitoring, and others.

]]> Telemedicine: An Area of Opportunities in Latin America https://globalhealthintelligence.com/ghi-analysis/telemedicine-an-area-of-opportunities-in-latin-america/ Thu, 24 Feb 2022 14:47:15 +0000 https://globalhealthintelligence.com/?p=16794 One outgrowth of the pandemic has been the development of new ways of working, and consequently, of meeting needs in different areas. In the case of health, Telehealth (TM) has been one of the big developments, which, as we have said before, has immense potential. This article presents some interesting data about different TM methods, as well as their introduction and development in Latin America.

TM has been a topic of debate in the big international health forums since 2003, and some large strides have been made since those opening conversations. However, data show that we still have a huge opportunity to develop this sector of the industry that will form part of primary health care in the near future. To point to one successful case, according to a report by the Pan American Health Organization (PAHO), Brazil’s Telessaúde Brasil program, whose goal is to offer primary health-care professionals a second opinion, using electronic consultations or electronic referrals, has demonstrated that one out of two patients offered electronic consultations does not get referred to other services. Its reports show that, on average, 60% of electronic consultations led to a change in the originally planned approach, thereby reducing costs, especially with treatment outside the home, resulting in a higher case-resolution rate.

Since 2015, at Global Health Intelligence (GHI) we have been using our proprietary HospiScope database, which gathers information about the installed base equipment in hospitals in 17 Latin American countries. HospiScope has allowed us to do a variety of analyses on the development of demographic indicators, hospital equipment, beds, clinical specialties, medical personnel, information systems, type of care, and other key areas. As a result of the pandemic, we began gathering data on TM, which we have sorted into four main categories:

  1. Participation in TM, when the hospital has a telemedicine program
  2. A TM center, when there is a dedicated center with specialists to which the hospitals can connect, such as centers of excellence in other fields
  3. Medical monitoring (spoke TM), when the hospital has a system connected to the service provided by the TM center where the specialists are located
  4. International TM, when the hospital is involved in international TM

Our analysis, which is based on the strategic data we have gathered over the years, was based on data from hospitals in 17 Latin American countries that was compiled between 2018 and 2021.

Roughly 15% of the hospitals included in our analysis have a TM program; 9% are connected to a TM center; just 6% provide that service to patients through a medical monitoring system, and 1% are part of international TM. These data remained stable between 2020 and 2021.

Analyzing the data from hospitals with a TM program, the percentage of these relative to the total amount of hospitals in the region varies between 11% and 19%, leaving a large opportunity for the development of this service. Zooming in on the most relevant data, Colombia has the most development in the service, while Chile is the only country to have made a strategic investment in infrastructure, installed capacity, and specialist telehealth personnel, distinguishing itself from the other countries in the region.

In terms of connectedness to TM centers, 38% of hospitals have this service in Colombia. However, Argentina, which comes next in the ranking, has just a 9% share, showing that there is significant opportunity for investment in this service too. The situation is similar for medical monitoring. In Colombia, 65% of hospitals have the service, followed by Chile with just 9%, then Argentina, Mexico and others, respectively with 3%.

Lastly, we see significant opportunity in terms of international TM, where the total percentage share among hospitals is 1%. Colombia leads the region in this category with 8% penetration, followed by Chile at 1%, and Argentina and Mexico, with 0%, respectively.

TM is a service that is here to stay, and the data show there is a development opportunity, in terms of both infrastructure and service, that needs attention.

Contact us to find out more how our team can conduct a market study for the Latin American country of your choice so you can gain a greater understanding of telemedicine penetration and where the strongest opportunities lie.

]]> The Best-Equipped Hospitals in Brazil and Latin America in 2021 https://globalhealthintelligence.com/ghi-analysis/the-best-equipped-hospitals-in-brazil-and-latin-america-in-2021/ Thu, 02 Dec 2021 16:34:33 +0000 https://globalhealthintelligence.com/?p=16344 After sharing the top 50 best-equipped hospitals in Brazil and Latin America via a basic report that was published in September 2021, GHI has now made its full HospiRank 2021 data available to the public on its website. Once you visit the main page, you can access the top 50 report and can also view the rankings for the six countries featured in HospiRank 2021:

For each country, you will find a list of the top 10 best-equipped hospitals according to the following categories:

  • Best Equipped for Hosting Patients
  • Best Infrastructure for High Procedure Count
  • Highest Count of Basic Surgical Equipment
  • Best-Equipped Hospitals for Accommodating Newborns
  • Best-Equipped Hospitals for Primary Diagnostics
  • Best Installed Base for Treating Cancer
  • Best-Equipped Hospitals for Advanced Diagnostic Imaging
  • Best-Equipped Hospitals for High-Risk Patients

While the amount of medical equipment that a hospital or clinic possess is in no way the only factor in determining its quality, it can be helpful to understand what different institutions have available. Through HospiScope, SurgiScope, In-Scope, ShareScope, and LatAm Hospital Monitoring Service, GHI provides market intelligence for medical equipment/device manufacturers. As such, HospiRank could offer useful information about potential or existing clients. And for hospital administrators and public health officials, HospiRank could also offer data that is useful for benchmarking or to complementing existing knowledge about the medical resources available in a specific country.

With that in mind, we have made these rankings available to the general public. Beyond the 2021 rankings, on GHI’s site you can also find HospiRank for 2017, 2018, 2019 and 2020, allowing you to make comparisons over time in the case of certain countries.

Explore further

Contact us if you’re interested in obtaining more market data about the Brazilian or Latin American hospital market, such as:

  • A market landscape study for specific equipment types or sectors
  • How to use GHI’s database to improve your CRM with fresh data
  • Creating a sales propension study for your particular product(s) in your market(s) of interest
  • Closely monitoring developments in Brazilian hospitals on a monthly basis using a power BI platform
  • Forecasting demand or market sizing for medical equipment or devices

And much more.

You can also learn more about LatAm’s hospital market by reading other GHI articles, which include a new Brazilian medical market report, an infographic about Brazilian hospitals, and other key insights.

]]> The Best-Equipped Hospitals in Latin America in 2021 https://globalhealthintelligence.com/ghi-analysis/the-best-equipped-hospitals-in-latin-america-in-2021/ Mon, 29 Nov 2021 20:43:43 +0000 https://globalhealthintelligence.com/?p=16273 After sharing the top 50 best-equipped hospitals in Latin America via a basic report that was published in September 2021, GHI has now made its full HospiRank 2021 data available to the public on its website. Once you visit the main page, you can access the top 50 report and can also view the rankings for the six countries featured in HospiRank 2021:

For each country, you will find a list of the top 10 best-equipped hospitals according to the following categories:

  • Best Equipped for Hosting Patients
  • Best Infrastructure for High Procedure Count
  • Highest Count of Basic Surgical Equipment
  • Best-Equipped Hospitals for Accommodating Newborns
  • Best-Equipped Hospitals for Primary Diagnostics
  • Best Installed Base for Treating Cancer
  • Best-Equipped Hospitals for Advanced Diagnostic Imaging
  • Best-Equipped Hospitals for High-Risk Patients

While the amount of medical equipment that a hospital or clinic possess is in no way the only factor in determining its quality, it can be helpful to understand what different institutions have available. Through HospiScope, SurgiScope, In-Scope, ShareScope, and LatAm Hospital Monitoring Service, GHI provides market intelligence for medical equipment/device manufacturers. As such, HospiRank could offer useful information about potential or existing clients. And for hospital administrators and public health officials, HospiRank could also offer data that is useful for benchmarking or to complementing existing knowledge about the medical resources available in a specific country.

With that in mind, we have made these rankings available to the general public. Beyond the 2021 rankings, on GHI’s site you can also find HospiRank for 2017, 2018, 2019 and 2020, allowing you to make comparisons over time in the case of certain countries.

Explore further

Contact us if you’re interested in obtaining more market data about the Latin American hospital market, such as:

  • A market landscape study for specific equipment types or sectors
  • How to use GHI’s database to improve your CRM with fresh data
  • Creating a sales propension study for your particular product(s) in your market(s) of interest
  • Closely monitoring developments in Latin American hospitals on a monthly basis using a power BI platform
  • Forecasting demand or market sizing for medical equipment or devices

And much more.

You can also learn more about LatAm’s hospital market by reading other GHI articles, which include a new Brazilian medical market report, an analysis of hospitals with robotic surgery systems, 2022 projections for Mexico, Brazil, Chile, Colombia and Argentina, and other key insights.

]]> The Recent Growth of Robotic Surgery in Latin America https://globalhealthintelligence.com/ghi-analysis/the-recent-growth-of-robotic-surgery-in-latin-america/ Wed, 27 Oct 2021 15:01:48 +0000 https://globalhealthintelligence.com/?p=16012 July 2021 may have been one of the most eventful months for robotic surgery in Latin America:

  • In Chile, the Hospital Clínico de la Red de Salud UC CHRISTUS announced its acquisition of the Medtronic HUGOTM RAS system
  • In Puerto Rico, the Hospital del Centro Comprensivo de Cáncer de la Universidad de Puerto Rico announced its acquisition of a DaVinci XI system
  • In Panama, the first gynecological procedures ever performed with a Medtronic HUGOTM RAS (robotic-assisted surgery) system were done at Pacífica Salud Hospital

But July wasn’t the only month with developments in LatAm’s robotic surgery adoption and deployment:


In fact, it’s hard to keep up with the constant developments, as more and more hospitals announce the purchase of such high-tech and state-of-the-art systems. Global Health Intelligence’s research team has tracked more than 30 acquisitions of robotic surgery systems in Latin America during 2020-2021*. “The LatAm med tech market is evolving rapidly,” explains Matt Collins, Director of Marketing for Hugo TM in LATAM. “One reason for that change is the fact that purchasing large capital equipment is becoming easier. Take the example of Medtronic’s Hugo TM RAS system. Now, for the first time ever, hospitals can work with a single manufacturer to purchase open, lap, and robotic surgical solutions. This kind of choice is powerful, and certainly makes the life of hospital managers easier. I’m just happy to be part of the journey to make these possibilities a reality for hospitals in LATAM,” he says.

The Latin American Robotic Surgery Market by the Numbers

Over 50% of the total amount of robotic surgery systems in the Latin American market have been acquired over the past 5 years, and almost 30% of that total was reached over the past year and a half.

According to Global Health Intelligence (GHI) analysis, the most present robotic surgery devices on the market are the DaVinci models, which represent 85% of the Latin American installed base; the DaVinci Si is the best-selling model. In terms of market share in LatAm, the Da Vinci brand is followed by Cyberknife, which accounts for 9% of the installed base, and Rosa, which accounts for 5%.

Medtronic, one of the world’s largest medical device and technology firms, recently launched its HUGOTM system, which was conceived to offer institutions a highly intuitive system at a lower total cost of ownership than the current systems in place, along with training system support to help hospitals maximize their ROI.

Medtronic Hugo Robotic-assisted surgery (RAS)

“The real value that large med tech companies bring to the robotic landscape isn’t just with the hardware: it’s the total solution they can deliver based on their existing footprint and manufacturing capabilities. It’s much easier for companies like Medtronic to deliver training, local support, and reliable tech services — not to mention, cost-effective instruments,” says Collins.

Further analysis by GHI’s research team indicates that more than 80% of the robotic surgery systems in Latin America belong to the private healthcare system, while the rest are in public hospitals. While public institutions have recently ramped up the acquisition of such systems, this is a stark contrast to how care is typically delivered across the region, where nearly two-thirds of the population attends public healthcare institutions.

Number of Robotic Surgery Systems Acquired in Latin America, 2017-2021

One well-known robotic surgery acquisition was made by Argentina’s National Atomic Energy Commission, which is building the first proton therapy center in Latin America. To this end, the Commission has already acquired the CyberKnife linear accelerator for radiosurgery, which is used for both adults and children, thus extending the impact of robotic surgery to pediatric medicine.

New Systems and More Specialties

Da Vinci is one of the most widely used and best-known platforms in the market, and is implemented in various procedures, such as prostate cancer surgery, renal and bladder surgery, in addition to its use in general surgery in cases such as cholecystectomy, colon and rectal cancer, gastroesophageal reflux surgery and gynecological surgery. With the precision with which surgeons can operate using robotic surgery platforms, their use was extended to new specialties, such as breast cancer surgery and coronary bypass surgery, among others. In Mexico, the Ángeles hospital chain has a robotic surgery center and 6 of its hospitals perform a wide variety of procedures.

The incorporation of new robotic platforms for surgery has made it possible to cover more procedures, such as arthroscopy assisted by the Rosa Knee robot, which in addition to providing greater precision and range of motion to professionals, facilitates faster and better patient recovery.

“With the ROSA Robot, we not only have precision in the placement of implants, but it also allows us to ensure that the soft parts and the balance of the ligaments are perfect, which in the long term improves the patient’s well-being. Through the Rosa Robot, patients have less residual pain after having a perfect soft-tissue balance, which allows them to return to daily life activities more quickly and in the best conditions,” says Dr. Carlos Sandoval, head of the knee team at the MEDS Clinic in Chile, which is one of the countries in the region with the most acquisitions.

New Technology, Greater Advantages

Despite the significant investment required to procure surgical robots, studies suggest that minimally invasive surgery via robotics offers several advantages, including:

  • Greater visibility and precision, which should result in smaller incisions and smaller scars
  • Easy access to complex or delicate anatomical areas
  • Reduced risk of infection
  • Less bleeding and pain for the patient
  • Faster recovery and shorter hospital or clinic stay

The Impact of the Pandemic

It’s still too early to tell if the budgetary challenges sparked by the pandemic will result in fewer surgical robot systems being acquired by Latin American hospitals in the future. At this point, the market is still seeing the results of acquisition plans made before the pandemic. As 2022 and 2023 progress, we will have a better sense of the rate at which robotic surgery will grow in the region, along with the primary factors that drive acquisitions by hospitals.

As of October 2021, GHI analysis indicates that more than 130 medical institutions in Latin America (both private and public) have robotic surgery systems and that there are more than 150 robotic surgery devices/systems in use throughout the region.

Explore More

Contact us to arrange for a personalized study of robotic surgery in Latin America. Our team can help your company understand not only the current market but also future growth potential and the unique characteristics of hospitals that tend to acquire robotic surgery systems to help you define your sales targets with greater precision.

You may also find our other resources helpful as well, ranging from our LatAm Hospital Monitoring Service and HospiScope database to our SurgiScope database and ShareScope service, among others.

* This does not mean these systems were purchased in 2021 or 2020. GHI data tracks when hospitals announce a purchase, divulge an acquisition to our research team or announce the use of such equipment for the first time. Hospitals typically plan the acquisition of high-tech equipment (such as robotic surgery systems) over several years.  Therefore, it is likely that the plans to purchase this equipment were developed several years prior and only in 2020-2021 did these come to fruition.

]]> The Medical Equipment with the Strongest Demand in 2022 in the Dominican Republic https://globalhealthintelligence.com/ghi-analysis/the-medical-equipment-with-the-strongest-demand-in-2022-in-the-dominican-republic/ Wed, 27 Oct 2021 13:27:03 +0000 https://globalhealthintelligence.com/?p=16003 In May 2021, the Dominican Republic launched the Hospital Program for the Timely Detection of Breast, Cervical and Prostate Cancer, whose main objective is “to provide access to citizens through a network of establishments that will provide laboratory tests, imaging studies, hospitalization in cases that require it, medical procedures, gynecological and oncology consultations, as well as treatment.” The program has a network of establishments detailed on the SNS website, which also specifies the target population for the program and its expected benefits.

In an analysis of procurement trends in Dominican hospitals recently carried out based on the compound annual growth rate (CAGR) between 2019 and 2023 and other analyses, Global Health Intelligence (GHI) has identified that a large part of the devices and equipment needed for the treatments contemplated in the aforementioned hospital program are those with the highest sales projections. Below we share with you the types of medical equipment with the highest projected growth, as well as the types that will contract the most by 2022.

The 10 Medical Equipment Categories with the Greatest Projected Growth in the Dominican Republic in 2022

Mammography equipment in Dominican hospitals
Projected 52% increase in 2022

PET scanners in Dominican hospitals
Projected 40% increase in 2022

Gamma cameras in Dominican hospitals
Projected 36% increase in 2022

Patient monitors in Dominican hospitals
Projected 31% increase in 2022

Angiograms in Dominican hospitals
Projected 16% increase in 2022

Endoscopes in Dominican hospitals
Projected 12% increase in 2022

C-arms in Dominican hospitals
Projected 10% increase in 2022

Radiotherapy equipment in Dominican hospitals
Projected 10% increase in 2022

Laparoscopic equipment in Dominican hospitals
Projected 9% increase in 2022

Ventilators in Dominican hospitals
Projected 6% increase in 2022

The 5 Medical Equipment Categories with the Highest Projected Contractions in the Dominican Republic in 2022

RIS in Dominican hospitals
Projected 53% contraction in 2022

Stereotactic mammography machines in Dominican hospitals
Projected 32% contraction in 2022

Hyperbaric chambers in Dominican hospitals
Projected 17% contraction in 2022

PACS in Dominican hospitals
Projected 16% contraction in 2022

Fluoroscopes in Dominican hospitals
Projected 16% contraction in 2022

Next Steps

Contact us to obtain more detailed data on the medical equipment market in the Dominican Republic. 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.

]]> The 10 Types of Medical Equipment That Will Grow the Most in Chile in 2022 https://globalhealthintelligence.com/ghi-analysis/the-10-types-of-medical-equipment-that-will-grow-the-most-in-chile-in-2022/ Wed, 27 Oct 2021 13:07:09 +0000 https://globalhealthintelligence.com/?p=15994 Chile is known as one of the top consumers of medical technology in Latin America, not only in the private medical sector via acquisitions of cutting-edge robotic surgery systems, but also in public health facilities that strive to meet the same standards as private ones. In this respect, great strides have been made with nuclear medicine. In addition, the Chilean government has passed the Cancer Law (Ley del Cáncer), which will come into effect in October 2022 and whose goal is “establish a regulatory framework for the planning, development and implementation of public policies, programs and actions aimed at establishing the causes and preventing the increase in the incidence of cancer.” This law has two interesting features: i) promoting cooperation between the private and public sectors, between institutions and also between industry sectors; ii) the responsibility of Chile’s Health Ministry to create a National Cancer Plan that with a span of at least 5 years. The portals of Mercado Público or Public Market already have open tenders for devices for this type of treatment, especially for breast cancer.

GHI also recently conducted an analysis of procurement trends in Chilean hospitals, calculating the compound annual growth rate (CAGR) between 2019 and 2023. Based on those calculations and other analyses, we share in this report the types of medical equipment with the highest projected growth as well as the types that will contract the most by 2022.

The 10 Medical Equipment Categories with the Greatest Projected Growth in Chile in 2022

Gamma cameras in Chile’s hospitals
Projected 64% increase in 2022

Bone densitometers in Chile’s hospitals
Projected 28% increase in 2022

Endoscopy towers in Chile’s hospitals
Projected 18% increase in 2022

Anesthesia machines in Chile’s hospitals
Projected 17% increase in 2022

Mammography machines in Chile’s hospitals
Projected 16% increase in 2022

Endoscopic lithotripters in Chile’s hospitals
Projected 10% increase in 2022

Laparoscopic surgery equipment in Chile’s hospitals
Projected 6% increase in 2022

RIS in Chile’s hospitals
Projected 6% increase in 2022

Ventilators in Chile’s hospitals
Projected 5% increase in 2022

Hemodialysis machines in Chile’s hospitals
Projected 4% increase in 2022

The 5 Medical Equipment Categories with the Highest Projected Contractions in Chile in 2022

Radiotherapy machines in Chile’s hospitals
Projected 45% contraction in 2022

Cobalt therapy machines in Chile’s hospitals
Projected 25% contraction in 2022

EEG machines in Chile’s hospitals
Projected 22% contraction in 2022

Patient monitors in Chile’s hospitals
Projected 20% contraction in 2022

Infusion pumps in Chile’s hospitals
Projected 19% contraction in 2022

Next Steps

Contact us to obtain more detailed data on the medical equipment market in Chile. 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.

]]> Top 2022 Opportunities with Peru’s Medical Equipment Market https://globalhealthintelligence.com/ghi-analysis/top-2022-opportunities-with-perus-medical-equipment-market/ Wed, 27 Oct 2021 12:25:01 +0000 https://globalhealthintelligence.com/?p=15976 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.

]]> 2022 Sales Opportunities with Medical Equipment in Brazil https://globalhealthintelligence.com/ghi-analysis/2022-sales-opportunities-with-medical-equipment-in-brazil/ Tue, 24 Aug 2021 12:10:34 +0000 https://globalhealthintelligence.com/?p=15169 The medical devices/equipment market has had exponential growth in recent years and Brazil’s market for these products offers significant growth opportunities for global players. As the largest economy in South America, Brazil spends around 8% of its total GDP on healthcare. According to MarketResearchFuture, Brazil’s medical devices market is expected to reach a value of US$1.8 billion by 2023, with a compound annual growth rate (CAGR) of 9% projected for 2017-2023. Innovation and new technologies have led this healthcare segment, and particularly it’s been technological advancements that have led to the launch of high-tech medical devices that have totally revolutionized the perception of healthcare, as in the case of PET/MR systems.

As observed by Global Health Intelligence (GHI) in a report published in April 2021, Brazil has experienced solid growth in its healthcare industry and Brazilian hospitals significantly increased their amounts of base installed equipment in 2020, with the strongest growth occurring with ventilators, EKG machines and infusion pumps. The urgent needs caused by the COVID-19 pandemic could explain the growth with these product categories, but the report also shows growth with other categories.

Going forward, data from GHI’s HospiScope database suggests further expansion is on the way in 2022. Below we break down 10 categories of medical equipment with the highest projected growth in 2022, along with 5 categories projected to have the biggest contractions next year.

The 10 Medical Equipment Categories with the Greatest Projected Growth in Brazil in 2022

Ventilatorsin Brazil’s hospitals
Projected 9% increase in 2022

EKG machinesin Brazil’s hospitals
Projected 7% increase in 2022

PET/MR systems in Brazil’s hospitals
Projected 7% increase in 2022

Infusion pumps in Brazil’s hospitals
Projected 6% increase in 2022

Laparoscopic surgery equipment in Brazil’s hospitals
Projected 6% increase in 2022

Ultrasound machines in Brazil’s hospitals
Projected 6% increase in 2022

Fluoroscopes in Brazil’s hospitals
Projected 5% increase in 2022

Endoscopy machines in Brazil’s hospitals
Projected 4% increase in 2022

Incubators in Brazil’s hospitals
Projected 4% increase in 2022

Radiant heat cribs in Brazil’s hospitals
Projected 4% increase in 2022

The 5 Medical Equipment Categories with the Greatest Projected Contraction in Brazil in 2022

X-ray machines in Brazil’s hospitals
Projected 2% contraction in 2022

Stereotactic mammography machines in Brazil’s hospitals
Projected 1% contraction in 2022

Gamma cameras in Brazil’s hospitals
Projected 1% contraction in 2022

EEG machines in Brazil’s hospitals
Projected 1% contraction in 2022

Angiograms in Brazil’s hospitals
Projected 1% contraction in 2022

Next Steps

Contact us to obtain more detailed data on the medical equipment market in Brazil. 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.

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