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Latin America's Medtech Market Growing by Double Digits (Infographic)

With medical OEMs and suppliers increasingly entering Latin America because of cost advantages the region is expecting exponential growth in the coming years. According to Frost & Sullivan, the region's medical technology market (already worth $10.5 billion) is expected to reach $20 billion by 2015.

With medical OEMs and suppliers increasingly entering Latin America because of cost advantages the region is expecting exponential growth in the coming years. According to Frost & Sullivan, the region's medical technology market (already worth $10.5 billion) is expected to reach $20 billion by 2015.

The infographic below shows more key statistics for Latin America.

 

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-Chris Wiltz, Associate Editor, MD+DI

 

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