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BRIC: Brazil's economic slowdown may be a disappointment for device makers

Wed, 08/15/2012 - 3:03pm
Mass Device

Sluggish growth in Brazil's economy may signal diminishing returns for medical device companies with aggressive strategies in the country, but hope remains for the country's medtech sector.

BRIC countries illustration

Brazil's booming economy seems to be stuttering and that could mean bad news for the medical device makers placing large bets on the Federal Republic.

Brazil maintains the largest medical device market in the Latin American region and last year surpassed Great Britain to become the 6th largest economy in the world, but the Federal Republic has seen listless economic growth that has analysts less than impressed.

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