July 1, 2012
By Karen Schwartz Latin American’s healthcare industry is maturing fast as the region gets richer – and older.
Increasing affluence and an aging population are proving a powerful mix for the pharmaceuticals sector, which is undergoing a radical makeover through a wave of consolidation.
Interest and investment in the industry tends to focus on Brazil and Mexico: the former had by 2010 becomes the seventh leading nation worldwide in drug sales, while for the latter, pharmaceuticals is one of the fastest growing sectors, undergoing a 4.8% expansion in 2011. And the healthcare sector in both countries meanwhile has seen a surge in mergers and acquisitions as companies seek to expand their re
Latin America’s rapidly consolidating healthcare sector is poised to continue growing as the population ages and gets wealthier