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Brazil Generic Drug Market Share, Size Trends and Forecast 2017-2022

Brazil generic drug market has grown at a CAGR of 15% during 2010-2016. Some of the factors which have facilitated the market growth include government initiatives, increase in aging-population and growth in the rate of lifestyle diseases. To get more infromation about the market, please visit @ http://www.imarcgroup.com/brazil-generic-drug-market Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: http://www.imarcgroup.com Follow us on twitter : @imarcglobal

Brazil generic drug market has grown at a CAGR of 15% during 2010-2016. Some of the factors which have facilitated the market growth include government initiatives, increase in aging-population and growth in the rate of lifestyle diseases.

To get more infromation about the market, please visit @ http://www.imarcgroup.com/brazil-generic-drug-market

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<strong>Brazil</strong> <strong>Generic</strong> <strong>Drug</strong> <strong>Market</strong>: Industry <strong>Trends</strong>, <strong>Share</strong>,<br />

<strong>Size</strong>, Growth, <strong>Forecast</strong> <strong>and</strong> Opportunity <strong>2017</strong>-<strong>2022</strong><br />

Copyright © IMARC. All Rights Reserved


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Report Description <strong>and</strong> Highlights<br />

Report Description<br />

<strong>Brazil</strong> <strong>Generic</strong> <strong>Drug</strong> <strong>Market</strong> Driven by Government Initiatives <strong>and</strong> Public Health<br />

System<br />

<strong>Brazil</strong> generic drug market has grown at a CAGR of 15% during 2010-2016. Some of the factors<br />

which have facilitated the market growth include government initiatives, increase in agingpopulation<br />

<strong>and</strong> growth in the rate of lifestyle diseases.<br />

The latest report by IMARC Group titled, “<strong>Brazil</strong> <strong>Generic</strong> <strong>Drug</strong> <strong>Market</strong>: Industry <strong>Trends</strong>, <strong>Share</strong>,<br />

<strong>Size</strong>, Growth, <strong>Forecast</strong> <strong>and</strong> Opportunity <strong>2017</strong>-<strong>2022</strong>”, finds that the <strong>Brazil</strong> generic drug market<br />

reached a value of more than US$ 80 Billion in 2016, growing at a CAGR of around 15% during<br />

2010-2016. In 1999, a law was passed by the government of <strong>Brazil</strong> – The <strong>Generic</strong> <strong>Drug</strong>s Law –<br />

which allowed the substitution of generic drugs for trademark br<strong>and</strong>ed drugs. This law authorized<br />

laboratories to h<strong>and</strong>le <strong>and</strong> sell drugs, thereby enabling commercialisation <strong>and</strong> availability of<br />

previously more expensive br<strong>and</strong>ed drugs after the expiry of their patents. This has helped in<br />

improving the quality of drugs <strong>and</strong> facilitating the consumers to access quality drug treatment.<br />

Get Sample of the Report:<br />

http://www.imarcgroup.com/request?type=report&id=696&flag=B


Report Description <strong>and</strong> Highlights<br />

Report Description


Report Description <strong>and</strong> Highlights<br />

Report Description<br />

Highlights of <strong>Brazil</strong> generic drug market:<br />

• The <strong>Generic</strong> <strong>Drug</strong>s Law gave impetus to the market <strong>and</strong> helped in improving the quality of<br />

the generic drugs.<br />

• Free distribution of medicines for the treatment of various diseases by the government<br />

<strong>and</strong> public health system provide stimulus for the market growth.<br />

• The factors such as increasing aging-population <strong>and</strong> growing lifestyle diseases have<br />

further driven the dem<strong>and</strong> for generic drugs in the region.<br />

The <strong>Brazil</strong>ian generic drug market has been spurred by the active participation of the government<br />

<strong>and</strong> health-care organizations. Besides passing the <strong>Generic</strong> <strong>Drug</strong>s Law, the government has also<br />

made constant efforts in promoting the sales of generic drugs. Most importantly, The <strong>Brazil</strong>ian<br />

Federal Government represents the biggest pharmaceutical client itself. It distributes free<br />

contraceptives <strong>and</strong> medicines for hypertension, asthma, diabetes, Parkinson's, glaucoma,<br />

osteoporosis <strong>and</strong> rhinitis through their programmes <strong>and</strong> initiatives. Moreover, the <strong>Brazil</strong>ian public<br />

health system; the Sistema Único de Saúde, avails generic versions of the medicines for the<br />

treatment of various diseases such as AIDS, tuberculosis, Alzheimer, Hepatitis, transplants, Lupus,<br />

etc.


Report Description <strong>and</strong> Highlights<br />

Report Description<br />

Some of the other factors which have contributed in influencing the market include an increase in<br />

the aging-population <strong>and</strong> the growing prevalence of lifestyle diseases. Considering the<br />

developments, the market is further expected to reach a value of almost US$ 190 Billion by <strong>2022</strong>.<br />

The report examines the competitive l<strong>and</strong>scape of the market <strong>and</strong> provides the details of the<br />

major players of the market such as EMS S.A., Sanofi Group, Eurofarma Laboratórios S.A.,<br />

Hypermarcas S.A., S<strong>and</strong>oz, Ache Laboratories <strong>and</strong> União Química Farmacêutica Nacional S.A. The<br />

report also provides an in-depth analysis on the historical, current <strong>and</strong> future trends in the generic<br />

drug market in <strong>Brazil</strong>. This research report serves as an exceptional tool to underst<strong>and</strong> the drivers,<br />

sales trends, volume trends, market structure, competitive l<strong>and</strong>scape, regulations, key players,<br />

manufacturing <strong>and</strong> the outlook of generic drugs in <strong>Brazil</strong>. This report can serve as an excellent<br />

guide for investors, researchers, consultants, marketing strategists <strong>and</strong> all those who want to gain<br />

an insight into the market for generic drugs in <strong>Brazil</strong>.<br />

Browse full report with TOC @ http://www.imarcgroup.com/brazil-generic-drug-market<br />

Find more research reports related to Healthcare Industry @<br />

http://www.imarcgroup.com/categories/healthcare-market-research-reports


Report Description <strong>and</strong> Highlights<br />

Report Description<br />

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