RNCOS

Booming Health Insurance Industry in Brazil

Press Release   •   Oct 22, 2012 12:42 IST

Health insurance industry is one of the emerging segments of the Brazilian healthcare industry. The country’s national health plan is Unified Health System (SUS), also known as Unified Health Care System, which has contracts with public as well as private providers for providing free health care. The growth in the country’s private health care insurance is tremendous. The increase in the income amongst the high- and middle-income population is increasing their dependence on the private insurance sector as it overcomes the drawbacks of public health system. Since 2003, the number of private healthcare plan members has increased enormously.

According to our report, “Brazil Healthcare - New Opportunities for Growth”, the healthcare expenditure in the country has been rising continuously with better standards of living. Healthcare spending in the country is also anticipated to grow at a CAGR of around 8.6% during 2012-2015. The main factors behind the high healthcare expenditure include prevalence of various diseases in the country. Almost one-fourth of the population is suffering from hypertension. Other major prevalent diseases covered in the report include cancer, tuberculosis, obesity, and diabetes.

As per our findings, the future outlook of Brazil healthcare IT-industry is quite optimistic as hospitals in the country are investing huge amount of money in information technology. In addition, world's leading healthcare IT-companies are looking towards Brazil as an ideal destination for their business expansion. For instance, Agfa HealthCare has acquired Brazil's healthcare IT-company and also into partnership with hospitals to provide IT-solutions in the country. In such a scenario, the sector offers significant attraction to several stakeholders, and those participating in the industry developments.

The report, “Brazil Healthcare - New Opportunities for Growth”, also covers all the necessary aspects of the Brazilian healthcare market, providing an in-depth research and prudent analysis of the key segments. Various segments covered in the report include: Hospital Services Industry, Pharmaceutical Industry, Medical Devices Industry, Healthcare IT-industry and other emerging market segments. The report presents an insight into the current industry trends; key market drivers, and the government initiatives to enable clients understand the market structure and it's prospective during the forecast period. It also covers detailed information about the active market players in hospital services, pharmaceutical, medical devices and healthcare IT sector.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM451.htm

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Check Related REPORTS on: http://www.rncos.com/Healthcare_Industry.htm

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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.