2014-03-10 23:06:01 - The Pharmaceutical Market: Sweden - a new market research report on companiesandmarkets.com
We remain of the opinion that Sweden´s overall pharmaceutical market value will decline over the forecast period to 2016, both in local currency and US dollar terms. We base our view on patent expiration and cost containment policies , which will continue to stimulate consumption of cheaper generic medicines. Moreover, i n the short term, weak consumer confidence in Sweden may affect the growth of its non-prescription market , while - in the longer-term - we expect a drop in consumers´ willingness to consume non-reimbursed medicines.
Headline Expenditure Projections
Pharmaceuticals: SEK42.84bn (US$6.60bn) in 2011 to SEK42.17bn (US$6.12bn) in 2012; -1.6% in local currency terms and -7.2% in US dollar terms. Forecasts broadly in line with previous quarter.
Healthcare: SEK327.00bn (US$50.36bn) in 2011 to
SEK336.36bn (US$48.82bn) in 2012; +2.9% in local currency terms and -3.1% in US dollar terms. Forecasts broadly in line with previous quarter.
Medical devices: SEK21.04bn (US$3.24bn) in 2011 to SEK21.86bn (US$3.17bn) in 2012; +3.9% in local currency terms and -2.1% in US dollar terms. Forecasts broadly in line with previous quarter.
The competitive landscape section provides comparative company analyses and rankings by US$ 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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