Generics Market in Brazil Set for Stupendous Growth

According to our latest report entitled “Brazil Generics Market Forecast
to 2012”, the market for generic drugs in Brazil has been growing at a
fast rate for the past few years. Factors like government support,
ageing population, and high investments have backed the industry during
the past few years and boosted the market revenue. The future outlook of
Brazilian generics market looks attractive as the government is taking
cost-effective measures and players are augmenting investment levels. It
is estimated that the market will grow at a CAGR of around 19% during
2010-2012.



Our report has found that, the Brazilian government continues to enact
measures and policies that back the domestic generics market. Moreover,
the government has been investing huge amounts on developing medicines
for various diseases. In the current scenario, public authorities are
adopting strategies that ensure the availability of cheaper drugs for
the population. For this, the government is negotiating with market
players and various pharmacies & hospitals.



Rising importance of generic active ingredients along with increasing
generic registrations proves that market players are actively
participating in industry activities. Moreover, stupendous performance
of generics in segments such as, cardiovascular, diabetes, erectile
dysfunction, and others is expected to further strengthen market
performance. Moreover, expiration of major branded drugs has boosted the
overall generics industry and the same factor is likely to dominate in
future also as drugs with blockbuster sales will lose patents.



The report “Brazil Generics Market Forecast to 2012” is an outcome of
extensive research and thorough analysis of the Brazilian generic drugs
market. It provides analysis on current market scenario and key trends
that are expected to impact industry performance. The forecast presented
for key areas makes use of reliable methods and techniques that add
value to future projection. Besides, recent activities of key and active
market players have been added in the report. Overall, the report will
facilitate clients’ decision making process in terms of investments and
other objectives.