Brazil Medical Devices Report

Published 05 February 2015

  • 222 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
Brazil Medical Devices Report

BMI Industry View: Brazil has the largest economy and medical device market in Latin America, but per capita medical expenditure is still very low. The highest expenditure is in the large cities, such as Sao Paulo or Rio de Janeiro, but producers are moving into regional markets outside the major state capitals. The relatively low density of the medical device market means Brazil continues to offer conside rable potential for expansion, d espite sluggish economic growth and a depreciating real which is making im ported products more expensive. The country has a well-established medical industry, comprising local and multinational companies, which primarily serves the domestic market. The strength of the local manufacturing industry means that imports hold a lower share of the market than in other parts of Latin America. We forecast that the import share will fall still further over the longer term given t he current drive to expand domestic production into new product areas through technology transfers. The recent decision to grant tax breaks to domestically-produced devices will provide an additional boost for local manufacturers.

Headline Industry Forecasts

  • The medical device market was valued at USD5.6bn in 2013, making it the largest medical device market in Latin America. Per capita spending remains low at USD28.2 in 2013. The medical device market is forecast to grow at a CAGR of 13.3% in US dollar terms over the 2013-2018 period raising the market value to USD10.6bn in 2018.

  • Medical device imports supply just over half of the medical device market and were valued at USD3.0bn in 2013, having grown at a 2008-2013 CAGR of 11.4%. The running annual total amounted to USD3.1bn in the 12 months to November 2014, representing y-o-y growth of -0.9%, largely due to the weakening of the real. Imports tend to be high-tech medical equipment not produced locally.

  • Medical device exports are comparatively low at USD529.1mn in 2013, having grown at a...

The Brazil Medical Devices Report features market forecasts supported by trade, production and healthcare estimates by Espicom, a BMI Research's company. These forecasts and estimates focus on six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices.

Detailed product breakdown for market, trade and production data in Brazil provides industry professionals, strategists, company executives and analysts with independent forecasts and competitive intelligence on the Brazil Medical Devices industry.

Key Benefits

  • Benchmark BMI's Medical Devices market forecasts, which take into account macroeconomic and industry-specific forecasts for Brazil, to test analysis as it is a key input for budgeting and strategic business planning. Use our standardised data to gain a better understanding of market performance in Brazil.
  • Target Business Opportunities in the Brazil Medical Devices market by using our assessments and projections for demographic trends, regulatory developments, investment dynamics and domestic demand in Brazil.
  • Assess the activities and market position of your competitors via our assessments of domestic production, national and multinational manufacturers, along with the trade and distribution outlets of multinationals, key company developments and future growth prospects.


BMI Industry View

Provides industry, political and economic views. Briefly analyses the medical devices market, taking into account the latest industry forecasts, healthcare indicators and industry trends & developments.


SWOT analyses of the medical devices market, the political environment, the economic landscape and the business environment.

Industry Forecasts

Evaluates and analyses the medical devices market in terms of historical and forecast trends, covering six product areas: Consumables, Diagnostic Imaging, Dental Products, Orthopaedics & Prosthetics, Patient Aids and Other Medical Devices. Additionally, presents annual and monthly import and export trade data.

Macroeconomic Forecasts

Presents macroeconomic forecasts impacting the medical devices market.

Industry Risk Reward Index

Risk Reward Indices tool, which provides a globally comparative and numerically based assessment of the medical devices market’s attractiveness.

Market Overview

Assesses the medical devices market in the current year. Additionally, covers healthcare trends shaping the market, focusing on health status, healthcare system, healthcare funding, healthcare resources, healthcare activity and healthcare personnel. Includes historical healthcare data.

Industry Trends & Developments

Analyses the latest industry trends and developments shaping the market, in terms of monthly trade performance, forecast trends, production changes, regulatory developments, competitive strategies, political events and economic performance.

Regulatory developments

A focus on government healthcare reforms, epidemiological trends, mergers and acquisitions, product launches, market entries, FDI activity, R&D, biotechnology, clinical trials and supply chain issues.

Competitive Landscape

Values historical medical devices production, and analyses the presence of national and multinational manufacturers operating in the market. Also, compares the presence of leading multinational company operations, either via sales & marketing, distribution or manufacture. Finally, takes into account market access drivers, including major distribution channels, trade associations and trade shows.


Carefully explains the medical devices market methodology, trade classifications, Risk Reward Index methodology and sources used in the medical devices market Report.

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'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc