The growing importance of Latin American patent data

When it comes to patent searching, data coverage is of the utmost importance. A database with a large text collection is essential to any FTO or prior art search. As the number of granted patents continues to increase across the region, it is now more important than ever that IP professionals have access to data from these countries. Since the turn of the millennium, the number of granted patent applications with a Latin American priority number has increased significantly. As the graph below indicates, the overall number of granted patents in 2018 is more than five times that of 2001.

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Using PatBase Analytics to view the number of applications with a priority from the aforementioned Latin American countries over the last 10 years, the graph below shows that Brazil is contributing most to this rise, followed by Mexico, Chile, Argentina and Colombia.

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But where exactly is Brazil excelling?

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The chart to the right shows the number of patent families with a Brazilian priority since 2017. The graph clearly indicates that Chemical and Mechanical engineering are the technology areas in which Brazil is triumphing. This differs greatly from the United States of America for example, where patents related to Electrical Engineering and Instruments considerably outnumber those in other fields.

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As far as Latin America is concerned, PatBase has full text data coverage from Brazil, Argentina, Uruguay, Chile, Mexico, Colombia, Ecuador, Peru, Costa Rica, Panama, Cuba and Dominican Republic, in addition to bibliographical data from Guatemala, Honduras, Nicaragua and El Salvador. In addition, the Minesoft team quality check all data, to ensure that PatBase users have access to only the highest quality of patent information.

Important to note: PatBase Express has both a Spanish and Portuguese-language interface.

To learn more about PatBase Express and to register for a free two-week trial, click here: https://minesoft.com/our-products/patbase-express/