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2013 BRIC Medical Devices Market & CIVETS Medical Equipment Industry Analysis
Date:4/18/2013

/span>, its major market. Significant growth rates are impressive, but the low starting point – along with a range of other operational issues – means companies must be targeted in the opportunities they pursue.

Opportunities do exist

There are, of course, wide regional differences in expenditure levels within the BRIC countries, far more so than in developed countries where health systems have evolved to provide a more uniform level of coverage. All four countries have a relatively wealthy urban population with a far greater spending power than their respective national average. These urban populations have grown rapidly, and number hundreds of millions. The challenge for these countries is to extend this level of wealth to the rest of the population, in order that better levels of healthcare become affordable.

A long haul

The prevailing economic woes have to be seen over the long term. This is evolution not revolution, and change will be incremental. Short-term opportunities exist in meeting the health demands of the burgeoning middle classes, and future prospects are bright, where steady growth in BRIC markets will erode commercial differences with the established markets in North America, Japan and Europe.

Order / Buy a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=58803. Read highlights for individual country / countries as well as comprehensive Table of Contents at http://www.rnrmarketresearch.com/the-outlook-for-medical-devices-in-brazil-russia-india-china-market-report.html.

At a time when established first-world markets are experiencing growth of 0-3% and with long-term issues around reducing so
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SOURCE RnR Market Research
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