Brazil’s in vitro diagnostic market nearly doubled since 2003 and is growing at a faster than average rate compared to the IVD market worldwide, according to healthcare market research publisher Kalorama Information. Because of this phenomenal growth, the IVD Market in Brazil was a topic of interest at the American Association of Clinical Chemistry (AACC) in Anaheim, CA this year.

With a population of 191 million, Brazil is by far the largest country in South America. There is a continuing trend towards urbanization, with most Brazilians now living in cities. According to a new report published jointly by Kalorama Information and McEvoy and Farmer, McEvoy and Farmer’s Complete Guide to IVD Distribution in Brazil, a growing economy and multi-billion dollar spending on healthcare have brought most of the significant IVD companies to the region.

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