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The Pharmaceutical Market: Ukraine

Ukraine pharmaceutical market: Latest market analysis presented


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2014-03-10 23:02:02 - The Pharmaceutical Market: Ukraine - a new market research report on companiesandmarkets.com

Foreign and domestic drugmakers in Ukraine will see their operating margins squeezed from2013as the Ministry of Health introduces more severe limitson mark-ups. Combined with the likely devaluation of the hryvnia, these factors represent a very large business risk for international drugmakers operating in the country. While Ukraine remains one of Central and Eastern Europe (CEE)´s more promising pharmaceutical markets given its favourable demographics and disease profile, its chronic lack of economic and political stability remains a critical impediment to fulfilling this potential.

Headline Expenditure Projections

Pharmaceuticals: UAH26.75bn (US$3.35bn) in 2011 to UAH30.79bn (US$3.75bn) in 2012; +15.1% in local currency terms and +12.1% in US dollar terms. Forecast unchanged from Q4 12.

Healthcare: UAH96.98bn (US$12.14bn) in 2011 to UAH109.66bn (US$13.37bn) in 2012; +13.1% in

 

 

local currency terms and +10.1% in US dollar terms. Forecast slightly up from Q4 12 on account of new historical figures.

Medical devices: UAH6.38bn (US$799mn) in 2011 to UAH7.39bn (US$901mn) in 2012; +15.8% in local currency terms and +12.8% in US dollar terms. Forecast slightly up from Q4 12 on account of new historical figures.

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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