Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Greece Pharmaceuticals and Healthcare Report Q1 2014

Greece healthcare market affected by further funding cuts in 2013 as millions unable to afford insurance contributions


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-03-17 05:45:03 - Greece Pharmaceuticals and Healthcare Report Q1 2014 - a new market research report on companiesandmarkets.com

We have further downgraded our outlook on Greece´s healthcare market this quarter. Further cuts to spending have led to a worsening of the healthcare crisis, with millions of people unable to afford insurance contributions. Meanwhile, there is no relief on the horizon for the pharmaceutical sector: another round of generic drug price cuts and the absence of patented drugs on the positive drug reimbursement list will be hugely detrimental for both domestic and multinational drugmakers. Without an increase in funding (extremely unlikely given its continuing macroeconomic woes), the country´s ability to resolve these systemic issues is extremely limited.

Pharmaceuticals: EUR5.99bn (US$7.61bn) in 2012 to EUR5.64bn (US$7.51bn) in 2013; -5.8% in local currency terms and -1.4% in US dollar terms. Forecast broadly

 

 

unchanged from previous quarter.

Healthcare: EUR16.47bn (US$20.92bn) in 2012 to EUR13.92bn (US$18.51bn) in 2013; -15.5% in local currency terms and -11.5% in US dollar terms. Forecast downgraded from previous quarter as a result of further cost-containment measures.

Click for report details: www.companiesandmarkets.com/Market/Healthcare-and-Medical/Market ..

Browse all Healthcare and Medical Market Research Reports www.companiesandmarkets.com/Market/Healthcare-and-Medical/Market ..

Browse all Healthcare and Medical Company Profile Reports www.companiesandmarkets.com/Market/Healthcare-and-Medical/Compan ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com