How Brazil Diagnostic Labs Market Is Positioned?
Diagnostic Labs industry in Brazil had begun to evolve in the early 1900s. In the late 1960s laboratory automation process arrived in the country and was capable of processing diagnostic tests more efficiently and in greater volume in the country.
In 2000, the Private Supplementary Healthcare System (ANS) came into existence for the Brazilian population which was followed by the consolidation of independent laboratories to clinical groups.
The industry is booming with the growing number of patients under the Universal Health System (SUS), the growing elderly population (Above 65 Years), the rising number of patients with chronic diseases and growing investment to increase the number of patient service centers. The reported number of death cases due to the presence of NCDs among all other diseases caused ~% of the deaths in the country during the year 2018.
The Revenue from diagnostic labs market in terms of value was accounted at USD ~ Billion in 2013. The market grew with a CAGR of ~% in the time period of 2013-2019P and was evaluated at USD ~ Billion in 2019P. Market Size of Diagnostic Labs in Brazil in terms of the number of examinations conducted was recorded at ~ million with a CAGR of ~% during the period 2013-2019P. Growth in the Diagnostic Labs industry was also seen in terms of a number of laboratories with ~ laboratories at the end of 2019P. The economy is growing with ~million ANS healthcare insurers and ~million SUS healthcare insurers in 2018.
How Brazil Diagnostic Labs Market Segmented?
By Type of Labs
The diagnostic labs market in Brazil is highly fragmented with around ~ independent players and ~ clinical chains. Independent labs dominate the market in terms of revenue in Brazil largely due to their presence in almost every city and their locations nearer to hospitals and clinics.
By Application
Radiology accounted for the highest percentage share of ~% in terms of revenue during the year 2019P. However, in terms of the number of examinations conducted, clinical analysis dominated the market with ~ million exams conducted during the year 2019P in Brazil.
By Radiology Tests
X-Rays accounted for the highest percentage share of ~% in terms of a number of exams in the country. It is followed by Ultrasound wherein the exams are largely conducted for Gynecology and Obstetrics. MRI and CT scans accounted for the lowest share of ~% and ~% in terms of a number of examinations conducted during the year 2019P.
By Type of Clinical Analysis Tests
Routine tests in Brazil accounted for the highest share of ~% and ~% in terms of revenue and in terms of a number of exams during the year 2019P largely due to high preference and most recommended routine exams. The majority of the routine tests are conducted by independent laboratories in the country.
By Region
Southeast Region in Brazil accounted for the highest revenue share of ~% in 2019P largely due to the number of laboratories and hospitals in that region. In 2018, the South region is the second the highest region with~% share in terms of revenue followed by South, Midwest, and North.
By Revenue Source
Healthcare Operators and Insurers accounted for the highest percentage of ~% in terms of revenue wherein, a major proportion of patients are referred by doctors. Out-of-Pocket is the second major revenue source with a ~% share in terms of revenue from this segment.
How Is The Competitive Landscape Of Diagnostic Labs Market In Brazil?
Diagnostic Labs Market in Brazil is a highly fragmented market with the presence of many independent laboratories and clinical chains. There are more than ~ independent laboratories in the country.
The laboratories in Brazil are operating in different business segments with different brands and collection points. These laboratories majorly compete on the basis of Number of Exams, Examination Portfolio, Major Specialization, Patient Service Centers and Tie-Ups with Hospitals and Healthcare Insurance companies. The major diagnostic groups that are operating in Brazil are Dasa Group, Fleury Group, Hermes Pardini, Allier Medicos a Frente, Diagnostics do Brasil, Albert Einstein Medicina Diagnostica, Sabin Diagnostics, and others.
What Is The Future Outlook And Projections For Brazil Diagnostic Labs Market?
Brazil Diagnostic Labs Market revenue is anticipated to reach from USD ~ billion in 2019P to USD ~ billion by the end of 2025 with a CAGR of ~% during the period 2019P-2025F. The market is growing owing to multiple factors that include an increasing number of Public Hospitals, Government activities to increase SUS patients, growing health insurance penetration, rising disposable income, growing aging population, per capita health expenditure, rising demand for tele medicines and artificial intelligence in laboratory equipment and process.
Growing Government Healthcare Expenditure and an increasing number of chronic and lifestyle diseases including HIV, diabetes, and others coupled with Growing and improving access to healthcare services and the number of laboratories will drive the demand for Diagnostic Labs in the coming future.
Key Segments Covered:-
By Type of Labs
Single Independent
Chains
By Application
Radiology
MRI
CT scan
Ultrasound
X-Ray
Others
Clinical Analysis
Routine
Specialized
By Region
South-East
South
North-East
Mid-West
North
By Revenue Source
Healthcare Plan Operators and Insurers
Out-of-Pocket
Public System
Key Target Audience
Medical Device Manufacturers
Medical Device Distributors
Public and Private Hospitals
Medical Device Importers
Diagnostic Lab Players
Government Associations
Diagnostic Imaging Device Companies
Time Period Captured in the Report:
Historical Period: 2013- 2019P
Forecast Period: 2020 – 2025
Companies Covered:
Albert Einstein Medicina Diagnostica
Alliar Medicos a Frente
Boris Berenstein
BP Medicina Diagnostica
Cedi
Cepem
CETAC
Clinica da Imagem do Tocantins
Clinica Imagem
Cura
DASA
DB Diagnosticos do Brasil
DMS Burnier
Grupo Fleury
HCOR
Hermes Pardini
Hospital Sirio-Libanes
Lab Rede
Omnimagem
Sabin Medicina Diagnostica
Senne Liquor Diagnostico
Sidi
Sir Radiologia
Key Topics Covered in the Report:-
Brazil Medical Device Market Distributors
Brazil Diagnostic Imaging Device Companies
Brazil Medical Device Market Manufacturers
DASA Group Net Revenue in USD Million
Fleury Group Gross Revenue in Percentage in 2018
Alliar Imaging Brazil Growth Rate in USD Million
Brazil Point-Of-Care Testing devices Manufacturers
POCT Market in Latin America
Brazil Diagnostic Imaging Market
Brazil Pathology Tests Market
Brazil Ultrasound Market Share
Brazil X-Ray and CT scan Market
For More Information on the research report, refer to below link:-
Brazil Diagnostic Labs Industry
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