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The Pharmaceutical Market: Moldova

Moldova pharmaceutical market: New market research published

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2014-03-13 15:01:01 - The Pharmaceutical Market: Moldova - a new market research report on

Given the high level of reliance on out-of-pocket payments, the growth of the Moldova´s pharmaceutical market is expected to be shaped by the prevailing economic conditions, both at home and abroad, on account of the importance of remittances to the country´s GDP. For 2012, we expect the market´s value to increase at a local currency rate of 6.7%, although this will translate into negative US dollar growth, on the back of a weak leu .

Headline Expenditure Projections

Pharmaceuticals: MDL2.47bn (US$211mn) in 2011 to MDL2.64bn (US$204mn) in 2012; +6.7% in local currency terms and -3.0% in US dollar terms. Forecast unchanged from Q4 12.

Healthcare: MDL9.06bn (US$773mn) in 2011 to MDL9.64bn (US$747mn) in 2012; +6.4% in local currency terms and -3.3% in US



dollar terms. Forecast unchanged from Q4 12.

Medical devices: MDL669mn (US$57mn) in 2011 to MDL735mn (US$57mn) in 2012; +9.8% in local currency terms and -0.2% in US dollar terms. Forecast unchanged from Q4 12.

Risk/Reward Rating

Moldova´s Pharmaceutical Risk/Reward Rating (RRR) score, which assesses the country´s attractiveness to multinational drugmakers, remains unchanged at 41.8 for Q1 13. The score places the country second from the bottom in the regional matrix assessing 20 key markets in Central and Eastern Europe. Moldova´s risks and rewards are relatively evenly balanced, although both remain considerably lower than the regional averages.

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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Mike King
Phone: London: +44 (0) 203 086 8600

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