Brazil’s medical device and equipment market: 22% contraction YoY

Latin America’s medical equipment market has had a high exposure to currency fluctuations and lost significant purchasing power due to foreign exchange rate devaluations across the region in 2015 and 2016.

Brazil was no exception. The economic downturn resulted in 22% decrease in imports across all major medical devices and equipment.

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Guillaume Corpart
Guillaume Corpart is Managing Director of Global Health Intelligence (GHI). Guillaume founded GHI after nearly two decades of market intelligence and business consulting experience in emerging markets. His blog posts typically revolve around his areas of expertise: Latin American hospitals, medical technology infrastructure and healthcare systems.
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