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Supplementary Healthcare in Brazil
In terms of beneficiaries, the private healthcare system in Brazil increased 27% in the last 10 years, from 37.3 million in 2008 to 47.3 million in March 2018. Consequently, the share of the population with private healthcare insurance increased from 19.4% in March 2008 to 22.5% in March 2018.
Diagnostic Medicine in Brazil
The diagnostic medicine market had revenues in Brazil, in 2015, of R$25.2 billion, with a historical growth of 14.6% per year between 2009 and 2015, according to the ANS. Besides the increase in the percentage of population covered by healthcare plans having influenced the development of the market, we believe that this growth also happened due to factors such as population aging, the adoption of a preventive medicine model instead of curative medicine and the implementation of new technologies with an increased coverage scope by healthcare plans.