The Pharmaceutical Market: Botswana - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-13 14:19:03
Growing appreciation of the value of a healthy population, combined with improvements in its economy, will boost investments in medical services. The healthcare system is largely government-funded, and therefore people on low incomes are able to seek medical treatment. However, communication and transport hindrances as well as poor utilisation of existing healthcare services in rural areas means uptake is low. Consequently, it is unlikely Botswana will be of major significance to pharmaceutical and healthcare firms in the short or medium term.
Headline Expenditure Projections
Pharmaceuticals: BWP1.50bn (US$200mn) in 2012 to BWP1.65bn (US$200mn) in 2013; +10.0% in local currency terms and +0.4% in US dollar terms.
Healthcare: BWP11.56bn (US$1.52bn) in 2012 to BWP12.48bn (US$1.49bn) in 2013; +8.0% in local currency terms and -1.4% in US dollar terms.
Botswana´s Pharmaceutical Risk/Reward Rating (RRR) score for Q1 13 is unchanged from the previous quarter. This is also the case for all other countries in BMI´s proprietary system that ranks pharmaceutical markets according to attractiveness to multinational drugmakers. A minor re-weighting of one of the RRR components is being implemented to improve the tool, and the adjusted scores for all markets will be published in the Q3 13 updates of the Pharmaceuticals & Healthcare reports. Botswana has a RRR score of 45.2 out of 100, making it the 16th most attractive pharmaceutical market in Middle East and Africa.
The competitive landscape section provides comparative company analyses and rankings by US$ 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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