| U.S. surgical & cardiology suppliers manufacture | | | | will be from 5 to 10 percent. Factors that influence |
| medical equipment such as electrocardiographs, | | | | demand are hospital expansion and upgrading, |
| dialysis machines, ultrasonic therapeutic appliances and | | | | Department of Health projects, and population growth. |
| pacemakers for hospitals. | | | | American medical product suppliers are strong in this |
| The market for surgical and cardiology equipment is | | | | sector, and U.S. products enjoy a good reputation with |
| growing | | | | Filipino doctors who prefer U.S. medical equipment and |
| The total market size of imported cardiology and | | | | supplies. Any U.S. supplier interested in the local market |
| surgical equipment in 2001 was $89 million, $60 million in | | | | should appoint a local distributor. Products that present |
| cardiology equipment and $29 million in surgical | | | | high sales potential for U.S. suppliers are high-value, |
| equipment. Cardiology special procedures equipment | | | | low-volume, and high-tech products like |
| represents the largest and fastest growing product | | | | electrocardiographs, dialysis machines, ultrasonic |
| segment, according to "The U.S. Market for Diagnostic | | | | therapeutic appliances and pacemakers. |
| Radiology Equipment." | | | | What are the causes of the growing market? |
| Local production, which consists of equipment parts | | | | One reason for the growth in cardiology special |
| and accessories, was valued at $3 million, two-thirds of | | | | procedures equipment is the dramatic increase in |
| which were exported to various parts of the world. | | | | preventative procedures, such as angioplasty, and the |
| Imports accounted for 99% of total cardiology and | | | | resulting increase in angiography procedures, the report |
| surgical equipment, while local production is an | | | | said. More cardiologists also have become skilled in |
| insignificant 1%. Annual growth in the next three years | | | | performing intervention procedures. |