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Brazil Medical Education Market to Grow at a CAGR of 8.70% During 2022-2027, Aided by the Heightened Digitalisation in the Region

According to a new report by EMR titled, ‘Brazil Medical Education Market Report and Forecast 2022-2027’, the market witnessed a healthy growth in 2021. The Brazil market for medical education is expected to grow at a CAGR of 8.70% in the forecast period of 2022-2027.

The sudden insurgence of the COVID-19 pandemic in 2020 created a dearth of medical professionals in the region, which supported the market amid the crisis. In addition, the medical education industry in Brazil is driven by the increasing digitalisation and the expanding adoption of e-learning platforms that facilitate an effective and interactive teaching-learning process. This can be attributed to the improved accessibility and cost-effectiveness of e-learning platforms. Moreover, the privatisation of medical sector in Brazil and the government incentives promoting the use of e-learning solutions are further projected to augment the growth of the market. Also, the rapid technological advancements in digital learning are expected to invigorate the market in the forecast period.

The increased mergers and acquisitions by the key industry players to expand their market potential are expected to support the market growth in the forecast period. For instance, in February 2022, Afya Company (NASDAQ: AFYA) announced the purchase agreement for the acquisition of Alem da Medicina, a medical online platform that offers educational tools to medical students. With this acquisition, Afya aims to expand its digital ecosystem. Furthermore, Olympus Corporation (OTCMKTS: OCPNY), in February 2021, launched its new comprehensive educational platform to provide healthcare professionals all over the world with integrated learning opportunities that will positively impact the Brazil medical education industry. These developments are expected to invigorate the Brazil medical education industry in the forecast period.

Market Analysis by Delivery Mode, Training, and End Use:

  • The Brazil medical education industry, by delivery mode, can be distributed into classroom-based course, distance, online, and others.
  • On the basis of training, the industry can be segmented into cardiothoracic, neurology, orthopaedic, oral and maxillofacial, paediatric, radiology, laboratory, and others.
  • The market is categorised, based on end use, into school of medicine, government/military organisations, hospitals, publishing or education company, and others.

Key Findings of the Report:

  • The Brazil market for medical education is being driven by the increasing adoption of online teaching methodologies and rapid digitalisation in the region.
  • The increased investments by the government in the development of the education sector is contributing to the growth of the market.
  • The proliferation of education companies and increased privatisation in the medical education sector in Brazil are further augmenting the market growth.
  • The rapid technological advancements and the investments made by industry players are expected to propel the market growth in the forecast period.

Key Offerings of the Report:

  • The EMR report gives an overview of the Brazil market for medical education for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for delivery modes, trainings, and end uses of medical education.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the Brazil medical education market are Stanford Medicine, Gundersen Health System, Siemens Healthcare Private Limited, Olympus America, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

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