Solid Growth Expected For Brazil’s Medical Devices Market Following Regulatory Updates
Medical Devices / Brazil / Thu 06 Jun, 2024
Key View
- Brazil's medical devices market will grow at a mid single-digits from 2023 to 2028, driven by increased healthcare budget allocations.
- New regulations will accelerate device approvals in Brazil, supporting the long-term growth of the market.
- The US will remain Brazil’s most dominant medical device trade partner due to strong trade relations