2014 Statistics of the Brazilian Healthcare Industry

Brazilian Alliance of Innovative Health Industry (ABIIS) - that brings together three entities of the healthcare industry: Brazilian Chamber of Laboratory Diagnosis (CBDL), Brazilian Association of High Technology Equipment, Products and Medical Supplies  (Abimed) and the Brazilian Association of Implant Importers and Distributors (ABRAIDI) - released some 2014 industry statistics.

In regards to international trade, the exports increased by 7.5% in 2014 (reaching US$ 1.1 billion). Meanwhile, imports decreased by 2.23% (reaching US$ 6.9 billion). The Brazilian national production of medical equipment also grew by 8.95% in 2014, according to the Brazilian Institute of Geography and Statistics (IBGE). The Institute also recorded a 9.04% increase of sales of medical, pharmaceutical and orthopedic products. The Ministry of Labor and Employment revealed that the sector created more than 3,000 new jobs (an increase of 6.4% when comparing to the same information of 2013.

According to Carlos Gouvêa, ABIIS’ President, the sector’s performance is better than most other markets. Even though 2015 seems to be a year of economic austerity in Brazil, Carlos is optimistic saying that the demand for medical products is rising because of “the concern of people with healthy habits and early diagnosis, with search to new technologies”.

References: http://www.dm.com.br/economia/2015/03/tres-mil-novas-vagas-foram-criadas-pelo-setor.html

Rethinking 2014: Planning 2015

When rethinking about 2014, some consulting companies already have stats that show how the medtech industry performed last year.

Source: mddionline.com

            The results show a solid industry, with more than $380 billion worldwide sales, 5% sales growth rate and almost 10% of return on investment.

            As for 2015, the industry in the United States is still adjusting from the new tax on their medical device sales and the European sector is suffering from its internal pressure (see our last blog entry). So it seems like emerging markets are still an attractive type of investment: Asia represents more than one-sixth of the world’s medical device market and one should expect a double-digit growth in markets such as Mexico, Brazil and Malaysia thanks to increasing healthcare spending. “Expect more device companies to focus on these import-heavy markets, with Latin America and the Middle East as the most important growth sources for medical device manufacturers.”

References: http://www.mddionline.com/article/how-did-medtech-stack-2014-12-19-2014

http://www.mddionline.com/article/state-global-medtech-markets-12-19-2014