panama hospital directory – Global Health Intelligence – Healthcare Market Insights for Emerging Markets

Latin America’s Best-Equipped Hospitals

GHI Analysis — Mon, 03 Jul 2017 16:02:28 +0000

It is important for rankings to be based on facts and not subjective measures. When done properly, rankings are insightful, giving a sense of perspective through comparison. Healthcare systems across Latin America are notorious for lacking up-to-date and trustworthy information, thus skewing the perception.

To fill this gap, Global Health Intelligence (GHI) decided to delve into its database (which covers 86% of all hospitals in Latin America and now includes Bolivia, Uruguay and Paraguay) to analyze which hospitals have the highest equipment counts in 4 specific categories:

• Patient care (number of beds)
• Diagnostic imaging equipment
• Cardiovascular equipment
• Maternity unit equipment

These four categories are critical pillars when evaluating patient care. The number of beds within an institution is often an indicator of the size of the hospital and may be correlated to the level of care. Diagnostic imaging equipment is essential to properly diagnose any number of life-threatening and chronic conditions. Cardiovascular equipment is just as important given the prevalence of heart disease in Latin America. A majority of births take place in hospitals and birthing is one of the main activities of most hospitals, which denotes significant importance to maternity units and infant care. While additional categories could have been included, GHI decided to focus on these 4 areas of care in order make the ranking more manageable.

Why Multiple Categories and Countries?

Rankings are often all-encompassing with no specific focus, such as the “The 50 best hospitals.” Given the complexities of healthcare systems in place and the context in which they operate, GHI opted to acknowledge these characteristics by creating a ranking per leading category. This also enables smaller yet more specialized hospitals to form part of the ranking.

GHI applied the same plurality by setting up the rankings per country in order to reflect local market dynamics accurately. For example, Brazil has over 200 million people and over 7,000 hospitals. It would be an unjust comparison to include Brazilian hospitals alongside those of Peru, for instance, a market that’s 10 times smaller.

Rankings for the Best Equipped Hospitals

The best-equipped hospitals in Argentina
The best-equipped hospitals in Brazil
The best-equipped hospitals in Chile
The best-equipped hospitals in Colombia
The best-equipped hospitals in Dominican Republic
The best-equipped hospitals in Mexico
The best-equipped hospitals in Peru
The best-equipped hospitals in Puerto Rico

Dive Deeper

This GHI ranking will give you an initial sense of which Latin American hospitals are best-equipped. But that’s just a surface view. It takes a deeper dive into the data to understand which market segments have the best potential to drive your revenues.

You can get this deep dive by subscribing to our database , which quickly lets you use data visualization tools to see which hospitals have the biggest needs and what those needs are. Parsing that is what will uncover opportunities for your sales team and allow you to grow your revenues in different markets. Check out this video to understand how the database can help drive new and existing revenue streams. Then contact GHI directly for an even deeper sense of how our database can be the perfect tool for your sales team.

Uruguay: Doctors migrating to Uruguay for practice

GHI Analysis — Mon, 10 Apr 2017 22:44:09 +0000

According to the report by the Medical Union of Uruguay, the country has become a recipient for foreign medical professionals. Doctors are migrating from countries like Cuba.

The report requested the government to consider the policies for allowing better distribution of professionals in locations deprived of specialists. Two migratory waves were observed in Uruguay; one during the dictatorship and the other during the economic crisis in 2002. However, the situation seems to have reversed with very few doctors migrating to other countries in search of better working conditions.

According to the Medical Union there is zero unemployment in the sector, yet 7% and 10% of Uruguayan doctors work abroad. The majority travel to Spain (51.7%) followed by Chile (24.4%). With the reversal of situation, doctors from other nations are moving to Uruguay for work, especially from Venezuela, Cuba and Pakistan.

Global market for smart medical devices to be worth USD66.1 billion by 2024

GHI Analysis — Mon, 13 Mar 2017 17:24:37 +0000

The global smart medical devices market was estimated at USD33.7 billion in 2015 and is anticipated to grow at 7.8% to reach USD66.1 billion by 2024. Amongst the smart devices, diagnostic and monitoring devices segment is projected highest growth (CAGR-7.8%) which comprises of blood glucose monitors, heart rate monitors, cardiac event, EEG/ECG monitors, pulse oximeters, blood pressure monitors, fetal monitors, breathalyzer, blood analyte analyzers, and medical tricorder. The US is expected to drive the market leading to North America acquiring a share of ~41% by 2024. Primary driver for market growth is the growing geriatric population who are prone to a wide range of diseases requiring efficient disease management. The World Health Organization (WHO) anticipates the current 566 million global geriatric population to grow to 2 billion by the end of 2050. Other factors driving the market are patient awareness to management their conditions in smarter ways and increasing development investments. Improving GDPs, rising standard of living, and growing per capita income of emerging markets including Middle East and Africa, Asia-Pacific, and Latin America are expected to drive the demand for smart wearable healthcare technology. However, the high cost of devices and the perception of smart medical devices as luxury is hindering the market growth. There is also growing privacy concerns of the healthcare industry regarding patient’s data which is also expected to restrain the growth of the overall market.

Siemens Healthineers, Bupa Chile team up to bring latest medical technology and services to Chile

GHI Analysis — Tue, 28 Feb 2017 05:09:13 +0000

Bupa Chile has entered into a cooperation agreement worth EUR 8 millions with Siemens Healthineers in order to make advances in diagnostics in its business units, specifically in IntegraMédica medical centers, Clínica Bupa Santiago and its regional clinics. Over a contractual period of three years, Siemens Healthineers will provide advanced imaging systems and extensive services to IntegraMédica, Clínica Bupa Antofagasta, Clínica San Jose de Arica and Clínica Bupa Santiago, who will become the biggest Bupa Clinic worldwide for the group. In its capacity as a healthcare group, Bupa Chile provides integrated healthcare services to over 2 million people in Chile and Perú. Bupa Chile belongs to Bupa (British United Provident Association), a globally operating British healthcare company with 32 million customers in 190 countries. Under the terms of the agreement, Siemens Healthineers will supply six 1.5 Tesla MRI, three CT scanners, one angiography system, 12 ultrasound units and several X-ray systems. Furthermore, experts from Siemens Healthineers will train Bupa’s medical personnel to use the imaging systems in the best way and to reduce doses as much as possible whenever radiation is used. Siemens Healthineers has also developed customized training plans for this purpose.

Trump’s uncertain stand over affordable care act to impact medical device majors

GHI Analysis — Tue, 31 Jan 2017 01:35:54 +0000

The US President Donald Trump has affirmed to replace the affordable care act (also known as Obamacare) without informing precisely what will replace it. Until the new administration clearly spells out its policy goals, it remains unclear whether the number of Americans without insurance will decline. The decision has led many medical device juggernauts to seriously think over their business policies. GE Healthcare is one such medical device player that has admitted that it will impact their business. Trump administration’s decision has the potential to delay or alter plans of GE’s customers to purchase costly hospital equipment such as mammography systems. If implemented, the sales of GE Healthcare in the US will bear a huge impact, but the good news for GE Healthcare stakeholders is that GE’s healthcare business enjoys a global presence and its forecast was fairly upbeat for non-U.S. businesses. The issue matters for GE healthcare, which is the third-largest business in terms of sales. The changes in the American healthcare policy might be the biggest issue for investors in the healthcare sector to follow this year. GE gives credence to the notion that investors will be better off if those changes come sooner rather than later.

Global smart medical devices market to reach USD 66.1 billion by 2024

GHI Analysis — Tue, 31 Jan 2017 01:33:44 +0000

The global smart medical devices market is expected to be worth USD 66.1 billion by 2024. The market was valued worth USD 33.7 billion in 2015 and is expected to grow at a CAGR of 7.8% over the forecast period of 2016-2024. Leading players operating in the global smart medical devices market such as Apple, F.Hoffmann-La Roche and Abbott Laboratories had grabbed a huge share of 43% in 2015. High brand recognition, growing presence across geographies and strong product portfolio are expected to keep these companies in the lead in near future. Among all the segments, the diagnostic and monitoring devices segment is expected to exhibit the highest growth rate. Geographically, North America is poised to lead the global market. The major driving factors contributing toward the growth of the market include growing geriatric population, increasing technological advancements, increasing investments in the development of smart medical devices, improving GDPs of nations in Asia Pacific, rising standard of living and growing per capita income.

Cofepris to work on reforming access to best healthcare solutions

GHI Analysis — Tue, 31 Jan 2017 01:22:39 +0000

Cofepris, the healthcare regulatory body of Mexico, will promote a responsible policy this year, focused on working on effective access of the population to the best healthcare solutions and contributing to the prevention of health risks. According to the head of Cofepris, the institution will strengthen timely access to a market duly supplied with safe, efficient and of the highest quality at the best prices, implement strategies to protect the population against health risks, promote the economic activity of the sector and combat illegal products and services that do not comply with health regulations. The Federal Commission will continue to authorize health records of drugs and medical devices, in terms of providing a timely access to a properly stocked market for health supplies. It is worth noting that around four thousand registrations were issued in 2016. On international agenda matters, Cofepris’ reaccess to the Pharmaceutical Inspection Cooperation Program will allow the use of mechanisms for the recognition of certificates of good manufacturing practice, with a view to gaining full member access.

Baja California: Fastest growing region of Mexico, thanks to medical device industry

GHI Analysis — Tue, 20 Dec 2016 01:02:26 +0000

Baja California of Mexico is the fastest growing region of the country. The state has a number of international and local medical device manufacturers operating in the region. The region is a hub of manufacturing of medical devices, which are exported to almost every corner of the globe. According to industry experts in the state, the industry has the capacity to grow at a much better level in future. The medical equipments industry provides employment to around 40,000 people. Tijuana has the highest number of employees engaged in manufacturing of medical equipments. In 2015, the medical device sector grew the fastest in the region among others as many new companies initiated their manufacturing units and the pre-existing players expanded their business. Out of the total 66 renowned multinational companies established in the region, 39 are in Tijuana. According to industry experts, the state will be the economically fastest growing region in the Americas by 2020.

Global refurbished medical device market poised to reach USD 11.91 billion by 2021

GHI Analysis — Tue, 06 Dec 2016 00:33:20 +0000

The global refurbished medical device market is estimated to reach USD 11.91 billion by 2021, by growing at a CAGR of 12.7% over 2016-2021. Out of the total 11 market segments, the medical imaging equipment segment is estimated to hold the largest share of the refurbished medical equipment market in 2016. The key factors contributing to the growth of the market include increasing privatization in the healthcare sector, poor reimbursement policies for various medical treatments, large patient population base and presence of a large number of hospitals/clinics with budget limitations in developing countries. Another factor adding value to the growth of the market include initiatives undertaken by leading market players (GE Healthcare, Philips Healthcare and Siemens Healthineers) to establish refurbishment facilities in both mature and developing markets. However, the negative perception about the quality of refurbished medical devices among public institutes is a major factor impeding the growth of the market. Geographically, North America currently leads the global market and holds the largest market share, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR over 2016-2021. The key global players operating in this market are GE Healthcare, Philips, Siemens, Block Imaging, Soma Technology, DRE Medical, Agito Medical, Everx, Integrity Medical Systems and Radiology Oncology Systems.

Argentina presents Latin America’s first artificial pancreas

GHI Analysis — Tue, 06 Dec 2016 00:23:55 +0000

Healthcare experts from different centers such as Argentine medical research and several universities in the South American country recently presented in Buenos Aires the first artificial pancreas in Latin America, which can control the level of glucose in the blood of patients with diabetes type one. The automatic device adheres to the skin and works automatically like a glucose monitor, which measures levels of the same in the diabetic patient as well as an insulin pump that provides this substance without operating it manually. The device remain connected to a software network that have a provision of broadcasting of blood glucose level information through a mobile application, which by using Bluetooth indicates if patient need to eat and properly regulate their blood sugar blood, and if needed, apply insulin. Experts also suggest that patient’s blood monitoring does not mean that the person has to look at 24 hours on the information displayed on mobile, but device will raise an alarm to warn when levels of blood glucose alter. It is estimated that around 300,000 people suffer from type I diabetes in Argentina.