Ranked One of the Largest Medical Devices Markets in Latin America; Expected to Surpass US$9 Billion by 2018
Being one of the largest economies in Latin America and being visualized as one of the key upcoming healthcare hubs, Brazil has come a long way. It has secured a very high position amongst emerging countries as far as its economic growth is considered and has been ranked as one of the largest medical devices markets in Latin America.
Brazil's medical device market is more import-dependent as local manufactures are unable to meet the increasing demand and lack of quality standard as compare to global players.
Brazil imported more than US$4 Billion worth of medical equipment in 2012 as compare to US$ 2.7 billion in 2008.
Imports will continue to dominate the medical device industry landscape in future as demand for imported medical devices is expected to surpass US$9 billion by 2018.
"Brazil Medical Device Market Outlook 2018" research report is an intriguing text that gives detailed facts and analysis on latest developments in the Brazil Medical Device Market. This report discusses various segments of the medical device market and analyzes the factors responsible for the growth and the need to resolve challenges to maintain growth momentum in future. The report discusses following aspects related to medical device market in Brazil:
- Market Overview
- Medical Device Market by Segment
- Medical Device Import & Export
- Emerging Market Trends
- Regulatory Framework