Generic Drugs Driving Brazil Pharmaceutical Market

Generics market in Brazil has been growing quite rapidly over the past few years

. In 2011, more than 20% of the Brazils total pharmaceutical market comprised of generic drugs. The impressive performance was due to the patent expiration of leading branded drugs in the countrys pharmaceutical market. In addition, the continuous expiration of patent drugs in the coming years will add high value to the generics market in the country. On the back of all these factors, the generics market in Brazil is anticipated to grow at a CAGR of 25% during 2012-2015.

Further, according to our report, Brazil Healthcare - New Opportunities for Growth, the healthcare expenditure in the country has been rising continuously with better standards of living. The main factors behind the high healthcare expenditure include the prevalence of various diseases in the country. Almost one-fourth of the population is suffering from hypertension. Other major prevalent diseases covered in the report include cancer, tuberculosis, obesity and diabetes.

As per our findings, the future outlook of Brazil healthcare IT-industry is quite optimistic as hospitals in the country are investing huge amounts of money in information technology. In addition, worlds leading healthcare IT companies are looking towards Brazil as an ideal destination for their business expansion. For instance, Agfa HealthCare has acquired Brazils healthcare IT-company and also into partnership with hospitals to provide IT solutions in the country. In such a scenario, the sector offers significant attraction to several stakeholders, and those participating in the industry developments.

The report Brazil Healthcare - New Opportunities for Growth, covers all the necessary aspects of the Brazilian healthcare market, providing an in-depth research and prudent analysis of the key segments. Various segments covered in the report include: Hospital Services Industry, Pharmaceutical Industry, Medical Devices Industry, Healthcare IT-industry and other emerging market segments. The report presents an insight into the current industry trends; key market drivers, and the government initiatives to enable clients understand the market structure and its prospective during the forecast period. It also covers detailed information about the active market players in hospital services, pharmaceutical, medical devices and healthcare IT sector.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM451.htm

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by: Shushmul Maheshwari

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