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Nine healthcare developments to watch in Latin America

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01-May-15 Latin America's healthcare market is evolving in ways that present new opportunities for foreign firms willing to invest in the region. Four key themes driving changes are demographic shifts, chronic diseases, technology innovations and policy changes. Five key opportunities include rapid pharma sales growth, increasing dominance of generics, consolidation of pharmacies, over 16,000 hospitals, and unchallenged demand for imported med tech. [image: Global Health Intelligence]

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Mexico is an attractive choice for manufacturing medical devices

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26-Feb-15 Mexico is the fifth largest exporter of medical devices globally. The country has the advantage of proximity to the US and 20% lower manufacturing costs than other leading manufacturing nations. Since financial norms emphasize cost reduction for suppliers to OEMs in the medical device industry, Mexico is emerging as a striking choice for mid-sized companies. [image: U-T San Diego]

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Mexico exempts hundreds of medical devices from registration

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13-Jan-15 Regulators in Mexico have expanded the list of medical devices and healthcare products that no longer require registration. The list of items largely consists of components and accessories for low-risk devices. Mexico’s medical device market is second only to Brazil’s in Latin America. [image: MED Device Online]

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Healthcare spending and life expectancy still low in Mexico

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31-Dec-14 Total health spending accounted for 6.2% of GDP in Mexico in 2012, among the third lowest of all OECD countries. Although improvements such as coverage of the uninsured are being made, and spending is on the increase, Mexico still has the lowest life expectancy in the OECD. [image: OECD]

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Obesity responsible for increasing chronic disease deaths in Latin America

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12-Dec-14 Non-communicable diseases were the cause of 78% of deaths in Latin America in 2008, estimated to rise to 84% by 2030. Obesity is at the heart of these deadly diseases, as a trigger for diabetes, high blood pressure, and high cholesterol. Mexico has the highest obesity growth rate in the world and the highest proportion of child obesity. [image: Global Health Intelligence]

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