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The Pharmaceutical Market: South Africa

08-31-2016 12:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MRR.biz

MarketResearchReports.Biz announces addition of new report “The Pharmaceutical Market: South Africa” to its database.

Description

The government drive to support local production and reduce the country's reliance on imports, in addition to global epidemiological and demographic trends, are all positive factors contributing to long-term growth in the pharmaceutical market. However, deep segregation between private and public healthcare facilities continues to leave the vast majority of the population without medical care. BMI believes this will be rectified through the creation of the National Health Insurance scheme over the next decade, but in the meantime unemployment, lack of education and geographical inaccessibility to healthcare for the wider population will continue to hinder growth in the market.

View Full Report at: http://www.marketresearchreports.biz/analysis/212636

Headline Expenditure Projections

Pharmaceuticals: ZAR27.19bn (US$3.74bn) in 2011 to ZAR29.61bn (US$3.61bn) in 2012; +8.9% in local currency and -3.5% in US dollar terms.
Healthcare: ZAR261.51bn (US$36.01bn) in 2011 to ZAR285.26bn (US$34.79bn) in 2012; +9.1% in local currency terms and -3.4% in US dollar terms.
Medical devices: ZAR11.43bn (US$1.57bn) in 2011 to ZAR12.19bn (US$1.49bn) in 2012; +6.7% in local currency terms and -5.5% in US dollar terms. Forecast changed due to depreciation of the South African rand.

Risk/Reward Rating

South Africa's composite score is unchanged at 55.5 out of 100, with no shift in position at sixth in the matrix out of 30 markets surveyed in the Middle East and Africa. Despite the country's low risk profile being more favourable than its rewards profile, the country remains one of the most attractive in the MEA region.

Competitive Landscape

The competitive landscape section provides comparative company analyses and rankings by US$ sales and % share of total sales - for the total pharmaceutical sector, as well as the OTC, generics, and distribution sub-sectors.

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Table of Contents

BMI Industry View7
BMI Industry View7
SWOT9
Political11
Economic12
Business Environment13
Industry Forecast14
Pharmaceutical Market Forecast14
Table: South Africa Pharmaceutical Sales, Historical Data And Forecasts15

Healthcare Market Forecast16

Table: South Africa Healthcare Expenditure Trends, Historical Data And Forecasts17
Table: South Africa Government Healthcare Expenditure Trends, Historical Data And Forecasts18
Table: South Africa Private Healthcare Expenditure Trends, Historical Data And Forecasts18

Prescription Drug Market Forecast19

Table: South Africa Prescription Drug Market Indicators, Historical Data And Forecasts20

Patented Drug Market Forecast20

Table: South Africa Patented Drug Market Indicators, Historical Data And Forecasts21

Generic Drug Market Forecast22

Table: South Africa Generic Drugs Market Indicators, Historical Data And Forecasts24

OTC Medicine Market Forecast24

Table: South Africa Over-The-Counter (OTC) Medicine Market Indicators, Historical Data And Forecasts26

Pharmaceutical Trade Forecast27

Table: South Africa Pharmaceutical Trade Data And Forecasts (US$mn)28
Table: South Africa Pharmaceutical Trade Data And Forecasts (ZARmn)28

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