Brazil Medical Devices Market 2019 Trend, Segmentation and Opportunities - ForecPosted by Sia M on May 31st, 2019 Brazil Medical Devices Market – Highlights When devices like injections and stethoscope entered the world of medical sciences, their roles were limited. Science made progress, and today there are various kinds of machines that are integral to medical sciences. Today, people judge how good, or bad the medical facilities in a region or a particular hospital are, on the basis of what kind of advanced medical devices are available in that hospital. Some hospitals justify expensive medical treatments as they want money to maintain all the sophisticated devices and big machines that they use for medical diagnosis and treatment. Get Free Sample @ https://www.marketresearchfuture.com/sample_request/2869 However, due to more advanced devices are coming up every day, costs of devices with obsolete technology goes down. Today, the market for medical devices is rising due to various factors including advancements in connectivity and processing power of devices, cloud integration, demand for early detection and noninvasive therapies (like those for cancer), development of stronger biocompatible materials growth of healthcare mobile applications, growing awareness and spread of information technology (IT). Due to the falling cost of production, some medical devices are available today at nominal prices. Their usage can also boost the Brazil Medical Devices Market. Brazil Medical Devices Market - Key Players Some of the key players in this market are:
Brazil Medical Devices Market - Segments Brazil Medical Devices Market has been segmented on the basis of product type which comprises monitoring devices, diagnostic devices, diagnostic molecular devices, drug delivery devices, surgical devices, bio implants and stimulation devices, automation and robotics and others. On the basis of therapeutic application; market is segmented into general surgery, diagnostic imaging, respiratory, orthopedics, cardiovascular, dental, neurology, ophthalmology, ear-nose-throat (ENT), nephrology and urology, and others. On the basis of end users; market is segmented hospitals, ambulatory and home. Brazil Medical Devices Market - Regional Analysis The healthcare sector of Brazil is divided between private and state with the public healthcare accounting for approximately 45% of total health expenditure in 2014. Local manufacturing represents a poor outlook which is limited to consumables and ordinary articles and there are a handful of high-tech devices manufacturers. Another important factor to be considered is the extreme dependency of Brazil on imports which account for approximately 75% of total market for medical devices. U.S. medical device suppliers dominate the scenario with Europe in the second position. China is expected to substitute the western nations especially in low end devices which will be the fastest segment. Among the regions of Brazil, São Paulo, Minas Gerais, Bahia, Rio de Janeiro and Parana tops the healthcare expenditure list. The differential healthcare regional availability in Brazil with extreme social and economic differentiation of the Brazilian population are further threats to the market. Brazil also has poor healthcare in its vast rural areas with a few cities dominating the scenario such as São Paulo. About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact: Like it? Share it! More by this author |