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The Pharmaceutical Market: Poland

Poland pharmaceutical market: New market research published


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2014-03-10 23:18:01 - The Pharmaceutical Market: Poland - a new market research report on companiesandmarkets.com

The Polish pharmaceutical market contracted severely in 2012, owing to harsh pricing measures and strict margins imposed on wholesalers, pharmaceutical makers and retailers. Moreover, over the course of the year, the burden of pharmaceutical spending has shifted towards the Polish consumer , as the harsher reimbursement regime has caused private contributions to prescription payments rise. We forecast a return to growth in 2013, driven by private consu mption as the Polish government entrenches cuts to drug expenditure.

We expect strong growth in the mediu m to long term as Poland´s economy diversifies and aligns with developed countries. The growth of private medical companies is a positive development in the Polish healthcare market, and the possible introduction of voluntary health insurance could

 

 

lead to a greater role for the private sector in healthcare provision.

Headline Expenditure Projections

Pharmaceuticals : PLN33.37bn (US$11.26bn) in 2011 to PLN31.38bn (US$9.62bn) in 2012; -5.98% in local currency terms and -14.5 % in US dollar terms.

Healthcare: PLN112.18bn (US$37.85bn) in 2011 to PLN118.57bn (US$36.37bn) in 2012; +5.2% in local currency terms and -5.5% in US dollar terms.

Medical Devices: PLN6.80bn (US$2.29bn) in 2011 to PLN7.10bn (US$2.18bn) in 2012; +4.5% in local currency terms and -5.0% in US dollar terms. Local currency fo recast has risen since Q 4 12, while the US dollar forecast has fallen.

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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