Government Support to Boost Brazil Healthcare Sector
Brazil is considered one of the most lucrative healthcare markets in Latin America with highest healthcare expenditure. Strong government support and superior healthcare services demand are some of the major factors propelling the country’s healthcare market to grow at a fast pace. The Brazilian Government has adopted several initiatives and implemented proper plans and policies that resulted in positive development of the overall healthcare services and facilities. Of the total public sector expenditure, healthcare constituted 14% share during 2008. Moreover, healthcare spending in the country is anticipated to grow at a CAGR of 8.6% during 2012-2015.
