2014-03-17 05:30:05 - Cambodia and Laos Pharmaceuticals and Healthcare Report Q1 2014 - a new market research report on companiesandmarkets.com
Cambodia will continue to underperform other pharmaceutical markets in the Asia Pacific region, given its low health and pharmaceutical expenditure as well as the rampant corruption in the country. We highlight that, given such a profile, the country will present more commercial benefits to companies dealing with inexpensive generic drugs and over the counter products than innovative pharmaceuticals.
Headline Expenditure Projections
Pharmaceuticals: KHR721.1bn (US$170mn) in 2012 to KHR788.8bn (US$200mn) in 2013; +9.4% in local currency terms and +10.0% in US dollar terms. Forecast broadly in line with Q413.
Healthcare: KHR3,168.4bn (US$780mn) in 2012 to KHR3,382.1bn (US$84mn) in 2013; +6.7% in local currency terms and +7.4% in US dollar terms. Forecast broadly in line with Q413.
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