East Africa Generic Drug Market Size, Growth Factors, Key Players, and Forecast 2022-2027
According to IMARC Group's latest report, titled "๐๐๐ฌ๐ญ ๐๐๐ซ๐ข๐๐ ๐๐๐ง๐๐ซ๐ข๐ ๐๐ซ๐ฎ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", The East Africa generic drug market size reached US$ 2.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2027, exhibiting a growth rate (CAGR) of 6.97% during 2022-2027.Generic drugs refer to medications that contain same active ingredients and have same therapeutic effects as that of their branded counterparts. These drugs may differ in packaging but are identical in quality, strength, dosage, performance, efficiency, etc. As they are cost-efficient, the demand for generic drugs is escalating across the East African region.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐ ๐ซ๐๐ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/east-africa-generic-drug-market/requestsample
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
๐๐๐ฌ๐ญ ๐๐๐ซ๐ข๐๐ ๐๐๐ง๐๐ซ๐ข๐ ๐๐ซ๐ฎ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The elevating levels of urbanization, along with the improving healthcare facilities in the East African region, are primarily driving the generic drug market. Besides this, numerous government bodies are introducing price control policies and import restrictions to encourage domestic drug manufacturing. This, in turn, is further augmenting the market growth.
In addition to this, the rising prevalence of sedentary consumer lifestyles, along with increasing incidences of heart diseases, cancer, diabetes, obesity, etc., will continue to propel the demand for generic drugs across East Africa in the coming years.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.imarcgroup.com/checkout?id=3275&method=1
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The report has categorized the market based on segment, therapy area, drug delivery and distribution channel.
Breakup by Segment:
โข Unbranded Generics
โข Branded Generics
Breakup by Therapy Area:
โข Central Nervous System
โข Cardiovascular
โข Dermatology
โข Genitourinary/Hormonal
โข Respiratory
โข Rheumatology
โข Diabetes
โข Oncology
โข Others
Breakup by Drug Delivery:
โข Oral
โข Injectables
โข Dermal/Topical
โข Inhalers
Breakup by Distribution Channel:
โข Retail Pharmacies
โข Hospital Pharmacies
Breakup by Country:
โข Uganda
โข Burundi
โข Rwanda
โข Kenya
โข Tanzania
โข Others
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/request?type=report&id=3275&flag=C
Key highlights of the report:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
Precision Medicine Market: https://www.imarcgroup.com/precision-medicine-market
Smart Pills Market: https://www.imarcgroup.com/smart-pills-market
Latin America Generic Drug Market: https://www.imarcgroup.com/latin-america-generic-drug-market
North Africa Generic Drug Market: https://www.imarcgroup.com/north-africa-generic-drug-market
West Africa Generic Drug Market: https://www.imarcgroup.com/west-africa-generic-drug-market
Contact Us:
IMARC Group
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Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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