FORYOU MEDICAL fully showcased AWC products at Hospitalar

The 28th Hospitalar organized by Informa Markets, concluded on May 26th local time. This 4-day exhibition is located at the S ã o Paulo Expo, with FORYOU MEDICAL booth number D350K.

Demographics of Brazil has a large population, and the manufacturing industry of related medical products is relatively weak. It is a country with trade competitive advantages in the export of medical products in China. In recent years, with the continuous deepening of bilateral relations between China and Brazil, the trade in medical devices between the two sides has become increasingly close. According to public data from the General Administration of Customs of China, from 2017 to 2021, China's total exports of medical devices to Brazil showed a good trend and maintained a high level.

Brazil is the largest healthcare market in Latin America, second only to the United States, with 9.1% of its GDP applied to healthcare (2019 data). According to the data released by the Brazilian Institute of Geography and Statistics, Geography of Brazil will have a total population of 213 million in 2021. In 2021, Brazil's GDP grew by 4.6%, totaling BRL 8.7 trillion (about USD 1.68 trillion at the current rate).The per capita GDP was R $40688 (approximately $7518.8), a year-on-year increase of 3.9%. Currently, there are approximately 7580 hospitals in Brazil, with an average of 2.1 beds per thousand people. There are also 41700 health stations and other health service institutions, with an average of 2.1 doctors per 1000 people.

Brazil’s Unified Healthcare System (SUS) is the primary provider of health services to at least 70% of the population. In addition to medical diagnostics and treatment, the public system provides free medication for some chronic diseases and promotes national vaccination programs, mostly focused on the elderly and children. Additionally, the Ministry of Health has been regulating and encouraging the expansion of Complementary and Integrative Practices in the public system, mostly at the municipal level.

However, the total fertility rate and the increase of life expectancy are also quietly changing the population structure of Demographics of Brazil. The total fertility rate of Brazil at the end of the nineteenth century was approximately 6.3 births per woman, In 2022, fertility rate for Brazil was 1.6 births per woman. On the other hand, life expectancy in Brazil has increased from 45.5 years in 1940 to 76.6 years in 2019. At present, the population aged 60 and above in Brazil has exceeded the population under 5 years old; By 2050, Brazil will have a population of 68.1 million people aged 60 and above, making it the sixth largest country in the world with the highest number of elderly people. At the same time, according to the latest data of the International diabetes Federation (IDF), 15.7 million adults in Brazil suffer from the disease, and the incidence rate of diabetes ranks sixth in the world and first in Latin America.

In 2023, FORYOU MEDICAL confirmed to implement the development strategy of more actively exploring overseas markets, improve the overseas market layout, carefully insight into customer needs, ensure Supply chain security, and accelerate the promotion of independent brand sales. Returning to Hospitalar after 4 years is due to our emphasis on Brazil and its radiating South American market. The increasingly aging population, the rising incidence rate of chronic diseases and the continuous improvement of resource management in Brazil's health care sector will provide opportunities for products and services from all countries in the world to enter the Brazilian medical market. FORYOU MEDICAL will actively adapt to the new situation, seize new opportunities, meet new challenges, take the initiative in development, win advantages, and win the future.

For you, for us, for life!