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The Pharmaceutical Market: Peru

Peru pharmaceutical market: Latest market research analysed


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2014-03-10 23:20:01 - The Pharmaceutical Market: Peru - a new market research report on companiesandmarkets.com

We have recently revised downwards our 2012 pharmaceutical sales growth for Peru, due to the recent price cuts in the prescription drug sector, which accounts for over 74% of total pharmaceutical sales. Still, our projected compound annual growth rate (CAGR) between 2011 and 2016 remains largely unchanged as BMI believes Peru still offers considerable longer-term benefits to local and foreign pharmaceutical companies because of the country´s ageing population, increasing disease burden and the expected change in drug consumption patterns.

Headline Expenditure Projections

Pharmaceuticals: PEN3.90bn (US$1.42bn) in 2011 to PEN4.11bn (US$1.57bn) in 2012; +5.3% in local currency terms and +10.4% in US dollar terms. Forecast revised downwards from Q4 12 due to price cuts in the prescription drug sector.

Healthcare: PEN19.52bn (US$7.09bn) in 2011

 

 

to PEN20.73bn (US$7.90bn) in 2012; +6.2% in local currency terms and +11.4% in US dollar terms. US dollar forecast unchanged from Q4 12.

Medical devices: PEN897mn (US$326mn) in 2011 to PEN954mn (US$363mn) in 2012; +6.3% in local currency terms and +11.6% in US dollar terms. Forecast slightly lower than Q4 12 on account of macroeconomic factors.

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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