Venezuela Medical Devices Q2 2019
The Venezuelan medical device market will register hyper-inflated growth in local currency terms, while persistenteconomic challenges will hinder market performance in US dollar terms. Medical device import controls and shortages will continueto challenge public and private healthcare access, despite government efforts to portray a positive healthcare system. Publicmanufacturing concentration will remain ineffective in tackling medical device shortages in the country. The continuing inflow ofVenezuelans to neighbouring countries will remain a regional healthcare challenge in the medium and long-term.
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