Brazil Injectable Drugs Market for Hospitals & Ambulatory Settings: Restraint
Growth of the Brazil injectable drugs market for hospitals and ambulatory settings is likely to be hampered in the near future, owing to various drawbacks of the Brazil healthcare system. Factors such as lack of doctors and nurses is one of the main reasons for the poor public health in the urban area. Brazil has proportionately fewer doctors compared to other developed countries.
Studies show that only 8% of Brazilian doctors are working in cities. Weak or ambiguous patent laws are also expected to limit growth of the market. Countries in Latin America have adopted different approaches for intellectual property protection. Ambiguity regarding pricing of drugs is also prevalent in the region. For example, prices of public sector pharmaceutical drugs in Latin America vary than those sold through the private sector.
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