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Brazil’s Ministry of Health has restructured the budget in order to expand the healthcare services provided to the population of Amazonas, Federal District and São Paulo. The Ministry has [...]

Brazil claims itself as the largest medical equipment market in Latin America while medical devices imported from the US account for 30% of the total imported products.

Brazilian government will reduce the total cost of BRL 26 billion (more than USD 6.8 billion) in 2016 in order to resolve the issue of budget deficit.

According to a study conducted by the Brazilian Institute of Supplementary Health Studies (IESS), disbursements of private healthcare companies will triple to around BRL 283 billion from BRL 106 [...]

According to a report published by Espicom, Argentina’s medical device market ranks 5th in Latin America with total revenue recorded USD 692.1 million in 2013, forecasted to grow at a CAGR of [...]

The reforming healthcare infrastructure and an improving economy in Brazil have made the country a potential market for defibrillator devices.

Economic uncertainty and swinging currency are the main obstacles for Latin American medical device manufacturers.

Healthcare is an economic and social priority in Brazil; and will remain one for the years to come. It is estimated that by 2017 Brazil will need an additional 13,000 hospital beds. [...]

In 2014, exports of medical devices to Latin America are expected to top $10 billion. Mexico, Brazil, Argentina and Colombia together accounted for more than 75% of imported devices.

Global medical device manufacturers have long relied on their core home markets for revenue and profits. The United States and European markets, with approximately 5,700 and 8,000 hospitals [...]