2014-01-09 23:09:03 - Angola Pharmaceuticals and Healthcare Report Q1 2014 - a new market research report on companiesandmarkets.com
Angola may have built its economy upon the success of its oil industry, but this growth has not necessarily led to improved healthcare. Communicable diseases such as tuberculosis, HIV/AIDS, and dengue continue to account for an important share of the burden of disease, while in the more-developed urban areas, cardiovascular disease is the leading cause of death.
While Angola is self-sufficient in terms of many natural resources, it has to turn to expensive imports for pharmaceuticals, and it also relies heavily upon the support of nations such as China, Cuba, Russia, and - for historical reasons - Portugal, for support in modernising its healthcare infrastructure and training healthcare professionals. The government is starting to devolve healthcare to municipalities, in an attempt
to facilitate access to services, but a shortage of trained professionals, the presence of counterfeit drugs and the country´s limited domestic drug production facilities all slow down the market´s development.
Headline Expenditure Forecasts
- Pharmaceuticals: AOA17.79bn (US$187mn) in 2012 to AOA19.66bn (US$204mn) in 2013; +10.5% in local currency and +9.1% in US dollar terms.
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