South African Pharmaceutical Market Outlook To 2014: Policy Environment, Market Structure

The South African pharmaceutical market was worth over $2bn in 2008

. Nearly 75% of pharmaceutical demand in South Africa is met by imports and hence the market value is heavily dependent on currency fluctuations. During 2007-08, the market posted double-digit growth in local currency terms, while declining in US dollar value. Overall sales from the market is expected to pass $3bn in 2012. Factors contributing to growth include the upcoming overhaul of the pharmaceutical regulatory system and healthcare delivery mechanism as well as growth of certain therapy areas in the country.

In general, the replacement of the Medicines Control Council (MCC) with the South African Health Products Regulatory Authority (SAHPRA) and the establishment of a universal healthcare scheme namely the National Health Insurance (NHI) will benefit all companies similarly. The arrival of SAHPRA is being viewed positively by industry organizations as this will lead to expediting drug approvals that translates to faster commercialization and speedier returns on investments. The establishment of a universal healthcare buyer and provider promises increased drug delivery and utilization in the country. However, ramifications in pharmaceutical pricing will threaten margins as bargaining power of a central financier will be significantly higher than the existing fragmented consumer base.

Key features of this report

Socioeconomic, demographic and epidemiological analysis Assessment of socioeconomic and demographic features of South Africa. The report also evaluates healthcare delivery parameters in the region.

Regulatory policy analysis Insights into the government policy environment relating to pharmaceutical regulation, pricing and reimbursement, and its impact on the industry.

Sales distribution analysis Comprehensive analysis of sales distribution in the South African market based on therapeutic classes, brands and companies. The report also analyses the distribution of sales between local players and MNCs operating in the country.

Market competition/fragmentation analysis Analysis of market concentration/fragmentation in line with general anti-trust protocols.

Key events, issues and trends in the South African pharmaceutical market Impact of key events, issues and trends on the market and Business Insights recommendations to identify resultant opportunities and threats.

Scope of this report

Quantify disease burden of various communicable and non-communicable pathophysiologic disorders

Gain a comprehensive understanding of the regulatory, pricing and reimbursement policies and their impact on the industry

Discover therapy areas with the greatest franchise growth potential and understand the growth drivers.

Measure the impact of key events, issues and trends in the regulatory landscape, healthcare delivery and therapy areas and be advised with ideas to navigate through the changing environment.

Forecast sales of all therapy areas through 2014.

Key Market Issues

Replacement of the MCC by SAHPRA: 2010 will witness the landmark replacement of the MCC with a new authority called the SAHPRA. The SAHPRA is designed to overcome much of the downsides of the MCC. Expedited product approvals and consequent rise in sales is expected.

The CD4 count criteria for ARV raised from

by: Visionshopsters

POST COMMENT

How To Clean For The Environment And You How Much Impact Could We Make By Co-ordinating All The Current Food And Environmental Projects? How To Always Be Part Of The On The Web Gaming Environment How To Avoid Managing A Negative Office Environment Environmental Law: How Significant It Is Experience Green Cleaning In Seattle. Take Responsibility For Preserving Quality Of The Environment. Time Attendance Software: Harmonizing The Work Environment The Russian Pharmaceutical Market Outlook To 2014: Policy Environment, Market Structure Leed Certification Promotes Health And Green Environment Trying To Lessen Your Impact On The Environment Clever Cleaning Supplies Uk Market With An Environmental Alternative Different Environments In Which Nurses Can Find Jobs Useful Info Learn How To Make Your Penis Big While Doing It In A Safe Environment