Brazil and Mexico: Lucrative medical device technologies markets
As per a report published by Persistance Market Research, Brazil and Mexico have significant opportunities for growth of the medical device technologies market in the Latin American region. The growth can be attributed to developing medical infrastructure and high disposable income in these two nations. North America is currently leading the overall market followed by Europe owing to technological advancements and presence of major multinational players. Asia Pacific is an emerging market due to advancements in the technology and healthcare infrastructure. Japan, India and China are estimated to be fastest growing markets in the near future. Medical technologies help medical devices perform their functions such as diagnosis, prevention and treatment of diseases.