
The World Health Organization (WHO) defines medical device as any instrument, apparatus, machine, appliance, implant, software, material etc. intended to be used for medical purposes and which does not achieve its primary intended action by pharmacological, immunological or metabolic means, but which may assisted these function. Brazil is the largest economy in South America and spends 8.3% of GDP on healthcare in 2014. Taking all factors into consideration, we expect the Brazil Medical Devices Market to reach around US$ 1844 million from US$ 1100 million in 2017, by the end of the forecast period at a CAGR of ~9%.