Latin America Pharma and Healthcare Sector Report 2024-2025

Brazil is the largest pharmaceutical market in Latin America, with retail drug sales of USD 27.1bn for the 12 months ending in June 2022. Brazil's pharmaceutical and healthcare sectors are transitioning into the post-pandemic period with some positive indicators, but also several challenges. Among the positives is a considerably higher level of public health spending, with a sharp rise in 2022-2023 compared to the pre-pandemic period, despite significant volatility in federal healthcare expenditure due to changing budgetary rules. Moreover, the private healthcare segment is expanding into new markets (e.g. pet insurance) and through new channels. However, a double-edged sword for the sector is the rapid rise in the medical workforce, particularly in 2023, as there is a high overall density of health professionals, but it is poorly distributed geographically, and there are concerns about declining quality in healthcare education. The domestic pharmaceutical manufacturing segment, although quite developed for Latin American standards, is broadly specialised in generics and it cannot compete with foreign players in high-cost drugs, leading to increasingly large external trade imbalances in pharmaceuticals.

This report provides a complete and detailed analysis of the "Pharmaceuticals production" sector for South America. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Pharmaceuticals production" sector in South America
• Crystallise the forces both driving and restraining this sector in South America
• Ascertain South America’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in South America.
• Build a clear picture of trends, output and consumption for specific sub-sectors