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Vietnam pharmaceutical market: Latest market analysis presented

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The Pharmaceutical Market: Vietnam - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-10 22:58:02
Corruption will continue to affect Vietnam´s pharmaceutical and healthcare business environment and potentially delay the introduction of universal healthcare coverage for its people. While corruption is a clear downside risk, we maintain that the sector still offers strong growth opportunities for foreign investors.

Headline Expenditure Projections

Pharmaceuticals : VND50,081bn (US$2.43bn) in 2011 to VND61,910bn (US$2.94bn) in 2012; +23.6% in local currency terms and +21.4% in US dollar terms.

Healthcare: VND157, 666bn (US$7.63bn) in 2011 to VND181,879bn (US$8.65bn) in 2012; +15.4% in local currency terms and +13.3% in US dollar terms.

Medical devices: VND15,137bn (US$733mn) in 2011 to VND17,029bn (US$810mn) in 2012; +12.5% in local currency terms and +10.5% in US dollar terms.

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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