From January to March 2020, companies in the region bought vaccines for human use abroad for $28 million, and 56% of total imports were made by companies in Costa Rica and Panama.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Paitilla Hospital, located on 53rd Street in Panama City, is a point that is 15 minutes away by car, and has a potential market of 380 thousand consumers, of which 13% are interested in health care issues.
Using the Geomarketing solutions we have developed for our clients, CentralAmericaData's Trade Intelligence team analyzed the environment of some of the main hospital locations in Central America. Below is an extract of the study's findings.
The business sector in Guatemala rejects the measure of the Ministry of Economy, which establishes maximum sales prices to the consumer for certain pharmaceutical products, while the state of disaster decreed by covid-19 lasts.
The Costa Rican Social Security Fund tenders the supply under the modality of delivery on demand of 10 mg hyoscine butylbromide, in its presentation of coated tablets.
Costa Rican Government Purchase 2020ME-000070-5101:
"For this tender it is estimated that 380,000 units of the medicine tendered must be supplied.
Arguing that the health of the nation's inhabitants is a public good and that institutions are required to ensure its conservation and restoration, the government will regulate the prices of several medicines.
From January to March 2020, pharmaceutical product imports in Central America totaled $825 million, with Costa Rica and Guatemala being the markets where purchases increased the most.
Figures from CentralAmericaData's Commercial Intelligence Unit: [GRAFICA caption="Click to interact with graphic"]
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The Fischel Nunciatura drugstore, located near La Sabana Park in San Jose, Costa Rica, is a sales point that is a 15-minute walk away and has a potential market of over 23,000 consumers, 11% of whom are interested in health care issues.
Using the Geomarketing solutions we have developed for our clients, CentralAmericaData's Trade Intelligence team analyzed the environment of some of the main locations of the drugstores in Central America. Below is an extract of the study's findings.
In the case of Costa Rica, a potential for internationalization has been identified in five medical service specialties: orthopedics, fertility, oncology, ophthalmology and bariatric surgery.
A study carried out by the Promotora de Comercio Exterior (Procomer) states that "On a general level of context, it was determined that in all of them (with the exception of fertility) there is evidence of experience in the care of international patients (at least in one procedure)."
In this context of crisis, El Salvador's pharmaceutical sector is one of the few that managed to increase its exports in the first half of the year, and in some cases production plants have had to work double shifts to meet demand.
The manufacture of pharmaceuticals, medicinal chemicals and pharmaceutical botanicals was one of the few sectors that, from January to June 2020, registered a positive variation in the amount of its sales abroad, according to official data from the Central Reserve Bank.
Productos Roche, Drogueria e Importadora Alemana and Corporacion Industrial Farmaceutica are some of the companies that during the first six months of the year won contracts to provide medicines and pharmaceutical products to public health institutions in the region.
The "Interactive Public Procurement Information System" of CentralAmericaData's Trade Intelligence Unit provides interesting data on the companies that in the first half of 2020 were favored with contracts to provide pharmaceutical products and medical supplies to the various Ministries of Health and Social Security entities in the Central American countries.
The Social Security Fund tenders the supply of osteosynthesis system with plates, under the consignment delivery modality.
Costa Rican Government Purchase 2020LN-000019-5101:
"The delivery modality will empower the Health Establishments incorporated to the present purchase, to provide themselves with supplies through a contract where the supplier consigns in each establishment the contractual object awarded, so that it can be used in the surgical procedures of the orthopedic specialty.
In Guatemala, a tender is being held for the supply of the concentration of calcium beta-hydroxy-beta-methybutyrate, vitamin D and protein, for use by the San Juan de Dios Hospital.
From January to March 2020, purchases of pharmaceutical products made by Central American countries from companies in Mexico totaled $73 million, 2% more than reported in the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
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