Future outlook for Brazil health care industry quite optimistic

Brazil is one of the most lucrative health care markets in Latin America. Backed by factors, such as strong government support and high investments, Brazilian health care market is growing at a fast pace, according to Brazil Healthcare Market Analysis, a new report added to the offering of Research and Markets. Almost all the market players have been trying to bring positive developments in health care services through proper implementation of plans and policies.

As there is effective strong demand for primary health care level drugs, such as generics, antibiotics and over-the-counter (OTC) medicines, health care expenditure is expected to grow to around $ 201.6 billion by 2013, representing a compound annual growth rate (CAGR) of around 6% during 2010-2013, the report says.

Government action to broaden horizon