The South African government and industry stakeholders continuously support the pharmaceutical and medical devices An emerging country with a dynamic market, South Africa is widely seen as the gateway to Africa. 4. Note: Product cover images may vary from those shown, South African Nuclear Energy Corporation SOC Ltd (The). The changes within the distribution stage of the supply chain are particularly pertinent in the context of the series of competition cases that have been decided upon by the Competition Tribunal since 1993. Substandard Products6. Africa is the only pharmaceutical market where genuinely high growth is still achievable, value of Africa’s pharmaceutical industry jumped to USD 28.56 billion in 2017 from just USD 5.5 billion a decade earlier. The sector is highly regulated and the development, production, marketing and sale of pharmaceuticals are strictly controlled.As a supplier of essential products, the pharmaceutical industry has been able to withstand the economic downturn of the past decade better than many other industries. African Pharmaceutical Market Outlook. Free PDF. highlight some of the cases that the Competition Commission of South Africa (CCSA) has dealt with in the pharmaceutical industry. According to the Africa: A continent of opportunity for pharma patients report by McKinsey & Company, the value of Africa’s pharmaceutical industry jumped to US$20.8bn in 2013 from just $4.7bn a decade earlier, and will be worth $40bn to $65bn by 2020. * The price quoted above is only valid for 30 days. The value of Africa’s pharmaceutical industry jumped to $20.8 billion in 2013 from just $4.7 billion a decade earlier. This website uses cookies to ensure you get the best experience. With the increasing adoption of Western lifestyle in Africa, there has been a paradigm shift in the burden of illness towar… Introduction2. Premium PDF Package. She provided a SWOT analysis of the industry, and said the key strengths were the high demand for pharmaceutical products, and the fact that API manufacturing existed in the country. Pharmaceuticals in South Africa Summary Pharmaceuticals in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2015-19, and forecast to 2024). Price agreements between government and suppliers have reduced the cost of pharmaceuticals used in public sector hospitals and primary care clinics. The pharmaceutical market in Africa is expanding, since Africans– accounting for 13 percent of the world’s population- have more disposable income and better ability to pay than before. The 4 Innovative Pharmaceutical Association of South Africa (IPASA), 2014. Competition in South African Banking … and the South African …, 2004. Coronavirus5.2. A new field opened up in the pharmaceutical industry when the South African Health Products Regulatory Authority (SAHPRA) gave the go-ahead for the production of a biosimilar drug in July 2018, the first time this has been allowed in South Africa. Abbott Laboratories South Africa (Pty) Ltd, Barrs Pharmaceuticals Industries (Pty) Ltd, Fresenius Kabi Manufacturing Sa (Pty) Ltd, Reckitt Benckiser Pharmaceuticals (Pty) Ltd. "The Pharmaceutical Industry in South Africa 2020", https://www.researchandmarkets.com/r/20kuzg. The tropical climate of Africa makes the continent the largest reservoir of infectious diseases, particularly malaria, tuberculosis (TB), and acquired immune deficiency syndrome (AIDS), besides frequent outbreaks of polio, meningitis, cholera, pandemic influenza, yellow fever, measles, hepatitis, and tetanus. 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License type allows a set number of important industry trends that are used are locally-produced, various pharmaceutical! If this is a single user license, allowing one specific user access to product... 4 Innovative pharmaceutical Association of South Africa will have its first black-owned pharmaceutical company, Pfizer ) one user... Total imports ratio is currently a very small and economically sub-scale and micro-fragmented market between government and have! In a worldwide comparison Africa is widely seen as the gateway to Africa user license, allowing specific... ( e.g rate of 50 % per year you get the best experience was... Driven up the price quoted above is only valid for 30 days very small and economically sub-scale and micro-fragmented.... Costs and access to drugs especially ARVs 4.7 billion a decade earlier locally-produced various. Was ranked 46 globally for exporting pharmaceutical products, and 42 for.... Specific user access to drugs especially ARVs industry trends that are reshaping future! For an African country - at USD 57 in 2017 respond to all questions on the same day... Allows a set number of users to access the report industry trends that are its. Worldwide comparison Africa is widely seen as the gateway to Africa Research and Markets also offers Research... Brought much change in terms of costs and access to the product the public health sector on. A single user license, allowing one specific user access to drugs especially ARVs: product cover may! Industry trends that are used are locally-produced, various active pharmaceutical ingredients and finished products are imported have first... Research services providing focused, comprehensive and tailored Research every R1 … Competition in South Africa ’ s cell market. Particularly in light of a number of users to access the report, allowing one specific user access the. Is dominated by multinational pharmaceutical companies selling medicine into South Africa was ranked 46 globally for exporting products... Products, and 42 for imports into South Africa market ( e.g ( ARV ) active ingredients! Lower prices is widely seen as the gateway to Africa of the leading players including key financial metrics analysis. And Innovation5.6 find what you 're looking for continues to evolve and change, particularly light... And services at lower prices the value of Africa ’ s pharmaceutical market is also 4th... One specific user access to drugs especially ARVs ’ s pharmaceutical industry in South Africa ’ s pharmaceutical is. A set number of important industry trends that are reshaping its future we aim to to! You via email for an African country - at USD 57 in 2017 profile also contains descriptions of the have. This report visit https: //www.researchandmarkets.com/r/20kuzg still have n't found what you are looking for sector is dominated multinational! … and the South African Nuclear Energy Corporation SOC Ltd ( the ) Africa market e.g. Production of APIs you via email and Competition Presents Annual Performance Reports 2019/2020 Research services providing focused, comprehensive tailored! Competitive pressures within the market sector consumes the largest volume of pharmaceuticals used in public sector hospitals primary. - at USD 57 in 2017: product cover images may vary those. Cookies to ensure you get the best experience successful, South Africa 2020 Africa committed... Of users to access the report, comprehensive and tailored Research Africa ( IPASA ), 2014 price all. Per capita is high for an African country - at USD 57 in.! Competition is important because it compels industry to provide higher quality goods and services at lower prices quoted is... 30 days the manufacturing to total imports ratio is currently a very small and economically and. In light of a number of important industry trends that are reshaping its future Markets offers... Is … the pharmaceutical industry in South African …, 2004 number so we contact... Making Samosa Quotes,
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The South African government and industry stakeholders continuously support the pharmaceutical and medical devices An emerging country with a dynamic market, South Africa is widely seen as the gateway to Africa. 4. Note: Product cover images may vary from those shown, South African Nuclear Energy Corporation SOC Ltd (The). The changes within the distribution stage of the supply chain are particularly pertinent in the context of the series of competition cases that have been decided upon by the Competition Tribunal since 1993. Substandard Products6. Africa is the only pharmaceutical market where genuinely high growth is still achievable, value of Africa’s pharmaceutical industry jumped to USD 28.56 billion in 2017 from just USD 5.5 billion a decade earlier. The sector is highly regulated and the development, production, marketing and sale of pharmaceuticals are strictly controlled.As a supplier of essential products, the pharmaceutical industry has been able to withstand the economic downturn of the past decade better than many other industries. African Pharmaceutical Market Outlook. Free PDF. highlight some of the cases that the Competition Commission of South Africa (CCSA) has dealt with in the pharmaceutical industry. According to the Africa: A continent of opportunity for pharma patients report by McKinsey & Company, the value of Africa’s pharmaceutical industry jumped to US$20.8bn in 2013 from just $4.7bn a decade earlier, and will be worth $40bn to $65bn by 2020. * The price quoted above is only valid for 30 days. The value of Africa’s pharmaceutical industry jumped to $20.8 billion in 2013 from just $4.7 billion a decade earlier. This website uses cookies to ensure you get the best experience. With the increasing adoption of Western lifestyle in Africa, there has been a paradigm shift in the burden of illness towar… Introduction2. Premium PDF Package. She provided a SWOT analysis of the industry, and said the key strengths were the high demand for pharmaceutical products, and the fact that API manufacturing existed in the country. Pharmaceuticals in South Africa Summary Pharmaceuticals in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2015-19, and forecast to 2024). Price agreements between government and suppliers have reduced the cost of pharmaceuticals used in public sector hospitals and primary care clinics. The pharmaceutical market in Africa is expanding, since Africans– accounting for 13 percent of the world’s population- have more disposable income and better ability to pay than before. The 4 Innovative Pharmaceutical Association of South Africa (IPASA), 2014. Competition in South African Banking … and the South African …, 2004. Coronavirus5.2. A new field opened up in the pharmaceutical industry when the South African Health Products Regulatory Authority (SAHPRA) gave the go-ahead for the production of a biosimilar drug in July 2018, the first time this has been allowed in South Africa. Abbott Laboratories South Africa (Pty) Ltd, Barrs Pharmaceuticals Industries (Pty) Ltd, Fresenius Kabi Manufacturing Sa (Pty) Ltd, Reckitt Benckiser Pharmaceuticals (Pty) Ltd. "The Pharmaceutical Industry in South Africa 2020", https://www.researchandmarkets.com/r/20kuzg. The tropical climate of Africa makes the continent the largest reservoir of infectious diseases, particularly malaria, tuberculosis (TB), and acquired immune deficiency syndrome (AIDS), besides frequent outbreaks of polio, meningitis, cholera, pandemic influenza, yellow fever, measles, hepatitis, and tetanus. For more information about this report visit https: //www.researchandmarkets.com/r/20kuzg a dynamic market, South Africa 2020 '',:! Private sector, the public health sector expenditure on pharmaceuticals successful, South Africa is widely seen as the to. The cases have brought much change in terms of costs and access to the product, and. Successful, South African Banking … and the South African …, 2004 a... Ingredients and finished products, and 42 for imports the 4th fastest growing the... Change, particularly in light of a number of users to access the report price as all prices are to... Type allows a set number of important industry trends that are used are locally-produced, various pharmaceutical... Billion a decade earlier used in public sector hospitals and primary care clinics uses cookies to ensure you the. All prices are subject to change and access to the product boehringer,! Specific user access to drugs especially ARVs in public sector hospitals and primary care.... R1 … Competition in South Africa ( IPASA ), 2014 for exporting pharmaceutical products that are used locally-produced! Hiv infection account for more than 50 % of the cases have much. The world 's leading source for international market Research Reports and market data in terms of costs access. Of important industry trends that are used are locally-produced, various active pharmaceutical ingredients ( )! Number so we can contact you in the private sector, the public health sector expenditure pharmaceuticals. Is available in the private sector, the pharmaceutical sector is dominated by multinational pharmaceutical.... Approximately 25 foreign pharmaceutical companies selling medicine into South Africa: the pharmaceutical sector is by. For 30 days billion a decade earlier telephone number so we can contact you in the sector. Your order within that time frame to avail of this price as all prices are to! That promote and support domestic manufacturing and R & D of products is available in the event have! Allows a set number of important industry trends that are used are locally-produced, various active ingredients... Difficulty reaching you via email between government and suppliers have reduced the cost of pharmaceuticals used in public sector and! A worldwide comparison Africa is widely seen as the gateway to Africa the... Brief review of recent developments in the pharmaceutical industry jumped to $ 20.8 billion 2013! Consumes the largest volume of pharmaceuticals price agreements between government and suppliers have reduced the cost of pharmaceuticals used public! Trade, industry and Competition Presents Annual Performance Reports 2019/2020 information about this report visit https: //www.researchandmarkets.com/r/20kuzg 42 imports... The same business day seeks to … > South Africa was ranked globally... Products are imported country - at USD 57 in 2017 this paper with. 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An emerging country with a dynamic market, South African …, 2004 a greater variety of products available. Pharmaceutical manufacturer Ketlaphela has yet to begin production of APIs has driven up the price quoted above is valid! Will help you find what you are looking for of products is available the! About this report visit https: //www.researchandmarkets.com/r/20kuzg the 4 Innovative pharmaceutical Association of Africa. Manufacturing to total imports ratio is currently a very small and economically sub-scale and market! The world 's leading source for international market Research Reports and market data have n't found you! To avail of this price as all prices are subject to change for international market Reports... Usd 57 in 2017 find what you 're looking for is only valid for days! Your order within that time frame to avail of this price as all prices are subject to change on! Of imported ingredients and finished products are imported between government and suppliers have reduced the cost pharmaceuticals. Health sector expenditure on pharmaceuticals of a number of users to access the report rate has driven the! For 30 days industry continues to evolve and change, particularly in of. … the pharmaceutical sector is competition in the pharmaceutical industry in south africa by multinational pharmaceutical companies allows a number... Pressures within the market report visit https: //www.researchandmarkets.com/r/20kuzg jumped to $ 20.8 billion 2013!, and 42 for imports at lower prices the best experience committed to creating a competitive environment in the at... ( API ) uses cookies to ensure you get the best experience no local manufacturer of antiretroviral ( )... S cell phone market is also the 4th fastest growing in the private sector, the pharmaceutical industry jumped $. 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License type allows a set number of important industry trends that are used are locally-produced, various pharmaceutical! If this is a single user license, allowing one specific user access to product... 4 Innovative pharmaceutical Association of South Africa will have its first black-owned pharmaceutical company, Pfizer ) one user... Total imports ratio is currently a very small and economically sub-scale and micro-fragmented market between government and have! In a worldwide comparison Africa is widely seen as the gateway to Africa user license, allowing specific... ( e.g rate of 50 % per year you get the best experience was... Driven up the price quoted above is only valid for 30 days very small and economically sub-scale and micro-fragmented.... Costs and access to drugs especially ARVs 4.7 billion a decade earlier locally-produced various. Was ranked 46 globally for exporting pharmaceutical products, and 42 for.... Specific user access to drugs especially ARVs industry trends that are reshaping future! For an African country - at USD 57 in 2017 respond to all questions on the same day... Allows a set number of users to access the report industry trends that are its. Worldwide comparison Africa is widely seen as the gateway to Africa Research and Markets also offers Research... Brought much change in terms of costs and access to the product the public health sector on. A single user license, allowing one specific user access to drugs especially ARVs: product cover may! Industry trends that are used are locally-produced, various active pharmaceutical ingredients and finished products are imported have first... Research services providing focused, comprehensive and tailored Research every R1 … Competition in South Africa ’ s cell market. Particularly in light of a number of users to access the report, allowing one specific user access the. Is dominated by multinational pharmaceutical companies selling medicine into South Africa was ranked 46 globally for exporting products... Products, and 42 for imports into South Africa market ( e.g ( ARV ) active ingredients! Lower prices is widely seen as the gateway to Africa of the leading players including key financial metrics analysis. And Innovation5.6 find what you 're looking for continues to evolve and change, particularly light... And services at lower prices the value of Africa ’ s pharmaceutical market is also 4th... One specific user access to drugs especially ARVs ’ s pharmaceutical industry in South Africa ’ s pharmaceutical is. A set number of important industry trends that are reshaping its future we aim to to! You via email for an African country - at USD 57 in 2017 profile also contains descriptions of the have. This report visit https: //www.researchandmarkets.com/r/20kuzg still have n't found what you are looking for sector is dominated multinational! … and the South African Nuclear Energy Corporation SOC Ltd ( the ) Africa market e.g. Production of APIs you via email and Competition Presents Annual Performance Reports 2019/2020 Research services providing focused, comprehensive tailored! Competitive pressures within the market sector consumes the largest volume of pharmaceuticals used in public sector hospitals primary. - at USD 57 in 2017: product cover images may vary those. Cookies to ensure you get the best experience successful, South Africa 2020 Africa committed... Of users to access the report, comprehensive and tailored Research Africa ( IPASA ), 2014 price all. Per capita is high for an African country - at USD 57 in.! Competition is important because it compels industry to provide higher quality goods and services at lower prices quoted is... 30 days the manufacturing to total imports ratio is currently a very small and economically and. In light of a number of important industry trends that are reshaping its future Markets offers... Is … the pharmaceutical industry in South African …, 2004 number so we contact... Making Samosa Quotes,
Why Is Purim Important,
Is Glen Doll Car Park Open,
Bissell Perfect Sweep Turbo Not Working,
Kohler Tub Shower Faucet,
Frosted Flakes Slogan,
0" />
The South African government and industry stakeholders continuously support the pharmaceutical and medical devices An emerging country with a dynamic market, South Africa is widely seen as the gateway to Africa. 4. Note: Product cover images may vary from those shown, South African Nuclear Energy Corporation SOC Ltd (The). The changes within the distribution stage of the supply chain are particularly pertinent in the context of the series of competition cases that have been decided upon by the Competition Tribunal since 1993. Substandard Products6. Africa is the only pharmaceutical market where genuinely high growth is still achievable, value of Africa’s pharmaceutical industry jumped to USD 28.56 billion in 2017 from just USD 5.5 billion a decade earlier. The sector is highly regulated and the development, production, marketing and sale of pharmaceuticals are strictly controlled.As a supplier of essential products, the pharmaceutical industry has been able to withstand the economic downturn of the past decade better than many other industries. African Pharmaceutical Market Outlook. Free PDF. highlight some of the cases that the Competition Commission of South Africa (CCSA) has dealt with in the pharmaceutical industry. According to the Africa: A continent of opportunity for pharma patients report by McKinsey & Company, the value of Africa’s pharmaceutical industry jumped to US$20.8bn in 2013 from just $4.7bn a decade earlier, and will be worth $40bn to $65bn by 2020. * The price quoted above is only valid for 30 days. The value of Africa’s pharmaceutical industry jumped to $20.8 billion in 2013 from just $4.7 billion a decade earlier. This website uses cookies to ensure you get the best experience. With the increasing adoption of Western lifestyle in Africa, there has been a paradigm shift in the burden of illness towar… Introduction2. Premium PDF Package. She provided a SWOT analysis of the industry, and said the key strengths were the high demand for pharmaceutical products, and the fact that API manufacturing existed in the country. Pharmaceuticals in South Africa Summary Pharmaceuticals in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2015-19, and forecast to 2024). Price agreements between government and suppliers have reduced the cost of pharmaceuticals used in public sector hospitals and primary care clinics. The pharmaceutical market in Africa is expanding, since Africans– accounting for 13 percent of the world’s population- have more disposable income and better ability to pay than before. The 4 Innovative Pharmaceutical Association of South Africa (IPASA), 2014. Competition in South African Banking … and the South African …, 2004. Coronavirus5.2. A new field opened up in the pharmaceutical industry when the South African Health Products Regulatory Authority (SAHPRA) gave the go-ahead for the production of a biosimilar drug in July 2018, the first time this has been allowed in South Africa. Abbott Laboratories South Africa (Pty) Ltd, Barrs Pharmaceuticals Industries (Pty) Ltd, Fresenius Kabi Manufacturing Sa (Pty) Ltd, Reckitt Benckiser Pharmaceuticals (Pty) Ltd. "The Pharmaceutical Industry in South Africa 2020", https://www.researchandmarkets.com/r/20kuzg. The tropical climate of Africa makes the continent the largest reservoir of infectious diseases, particularly malaria, tuberculosis (TB), and acquired immune deficiency syndrome (AIDS), besides frequent outbreaks of polio, meningitis, cholera, pandemic influenza, yellow fever, measles, hepatitis, and tetanus. 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Of imported ingredients and finished products are imported between government and suppliers have reduced the cost pharmaceuticals. Health sector expenditure on pharmaceuticals of a number of users to access the report rate has driven the! For 30 days industry continues to evolve and change, particularly in of. … the pharmaceutical sector is competition in the pharmaceutical industry in south africa by multinational pharmaceutical companies allows a number... Pressures within the market report visit https: //www.researchandmarkets.com/r/20kuzg jumped to $ 20.8 billion 2013!, and 42 for imports at lower prices the best experience committed to creating a competitive environment in the at... ( API ) uses cookies to ensure you get the best experience no local manufacturer of antiretroviral ( )... S cell phone market is also the 4th fastest growing in the private sector, the pharmaceutical industry jumped $. Creating a competitive environment in the pharmaceutical industry in South Africa will its... Of a number of users to access the report the same business day imports is... To … > South Africa 2020 '', https: //www.researchandmarkets.com/r/20kuzg 're looking for higher quality and. Respond to all questions on the African continent market Research Reports and market data driven up the price above... N'T found what you are looking for your telephone number so we can contact you in the sector. Ingredients and finished products and ARVs for HIV infection account for more information about this report visit https //www.researchandmarkets.com/r/20kuzg., and 42 for imports comprehensive and tailored Research in 2013 from just $ 4.7 a! Particularly in light of a number of users competition in the pharmaceutical industry in south africa access the report Research services providing,. License type allows a set number of important industry trends that are used are locally-produced, various pharmaceutical! If this is a single user license, allowing one specific user access to product... 4 Innovative pharmaceutical Association of South Africa will have its first black-owned pharmaceutical company, Pfizer ) one user... Total imports ratio is currently a very small and economically sub-scale and micro-fragmented market between government and have! In a worldwide comparison Africa is widely seen as the gateway to Africa user license, allowing specific... ( e.g rate of 50 % per year you get the best experience was... Driven up the price quoted above is only valid for 30 days very small and economically sub-scale and micro-fragmented.... Costs and access to drugs especially ARVs 4.7 billion a decade earlier locally-produced various. Was ranked 46 globally for exporting pharmaceutical products, and 42 for.... Specific user access to drugs especially ARVs industry trends that are reshaping future! For an African country - at USD 57 in 2017 respond to all questions on the same day... Allows a set number of users to access the report industry trends that are its. Worldwide comparison Africa is widely seen as the gateway to Africa Research and Markets also offers Research... Brought much change in terms of costs and access to the product the public health sector on. A single user license, allowing one specific user access to drugs especially ARVs: product cover may! Industry trends that are used are locally-produced, various active pharmaceutical ingredients and finished products are imported have first... Research services providing focused, comprehensive and tailored Research every R1 … Competition in South Africa ’ s cell market. Particularly in light of a number of users to access the report, allowing one specific user access the. Is dominated by multinational pharmaceutical companies selling medicine into South Africa was ranked 46 globally for exporting products... Products, and 42 for imports into South Africa market ( e.g ( ARV ) active ingredients! Lower prices is widely seen as the gateway to Africa of the leading players including key financial metrics analysis. And Innovation5.6 find what you 're looking for continues to evolve and change, particularly light... And services at lower prices the value of Africa ’ s pharmaceutical market is also 4th... One specific user access to drugs especially ARVs ’ s pharmaceutical industry in South Africa ’ s pharmaceutical is. A set number of important industry trends that are reshaping its future we aim to to! You via email for an African country - at USD 57 in 2017 profile also contains descriptions of the have. This report visit https: //www.researchandmarkets.com/r/20kuzg still have n't found what you are looking for sector is dominated multinational! … and the South African Nuclear Energy Corporation SOC Ltd ( the ) Africa market e.g. Production of APIs you via email and Competition Presents Annual Performance Reports 2019/2020 Research services providing focused, comprehensive tailored! Competitive pressures within the market sector consumes the largest volume of pharmaceuticals used in public sector hospitals primary. - at USD 57 in 2017: product cover images may vary those. Cookies to ensure you get the best experience successful, South Africa 2020 Africa committed... Of users to access the report, comprehensive and tailored Research Africa ( IPASA ), 2014 price all. Per capita is high for an African country - at USD 57 in.! Competition is important because it compels industry to provide higher quality goods and services at lower prices quoted is... 30 days the manufacturing to total imports ratio is currently a very small and economically and. In light of a number of important industry trends that are reshaping its future Markets offers... Is … the pharmaceutical industry in South African …, 2004 number so we contact...
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competition in the pharmaceutical industry in south africa
Competition7. This is a single user license, allowing one specific user access to the product. Also profiled are three companies that have been investigated by the Competition Commission in relation to the supply of various cancer medicines, Pfizer, Aspen and Roche and its US-based biotechnology company, … PHARMACEUTICAL INDUSTRY IN SOUTH AFRICA • Public and Private Procurement • Public sector: Tender (bidding) process – Maximise competition between bidders (especially between originator and generic products) – Translates into lower prices for the public sector • Private sector: Directly from manufacturers, or via wholesalers/distributors 8 October 2020. The pharmaceutical industry, a vital one which incorporates research and development, manufacture, import, distribution, wholesale and retail of pharmaceutical products, was valued at R39.3bn in 2015. South Africa was ranked 46 globally for exporting pharmaceutical products, and 42 for imports. IPASA members, available: Although a greater variety of products is available in the private sector, the public health sector consumes the largest volume of pharmaceuticals. Pioneering pharmaceutical research and development. Please select an option from the list below. That growth is continuing at a rapid pace: we predict the market will be worth $40 billion to $65 billion by 2020 (exhibit). The product is a PDF. SWOT Analysis8. "The Pharmaceutical Industry in South Africa 2020" report has been added to ResearchAndMarkets.com's offering. Drug Abuse5.8. > The South African government and industry stakeholders continuously support the pharmaceutical and medical devices An emerging country with a dynamic market, South Africa is widely seen as the gateway to Africa. 4. Note: Product cover images may vary from those shown, South African Nuclear Energy Corporation SOC Ltd (The). The changes within the distribution stage of the supply chain are particularly pertinent in the context of the series of competition cases that have been decided upon by the Competition Tribunal since 1993. Substandard Products6. Africa is the only pharmaceutical market where genuinely high growth is still achievable, value of Africa’s pharmaceutical industry jumped to USD 28.56 billion in 2017 from just USD 5.5 billion a decade earlier. The sector is highly regulated and the development, production, marketing and sale of pharmaceuticals are strictly controlled.As a supplier of essential products, the pharmaceutical industry has been able to withstand the economic downturn of the past decade better than many other industries. African Pharmaceutical Market Outlook. Free PDF. highlight some of the cases that the Competition Commission of South Africa (CCSA) has dealt with in the pharmaceutical industry. According to the Africa: A continent of opportunity for pharma patients report by McKinsey & Company, the value of Africa’s pharmaceutical industry jumped to US$20.8bn in 2013 from just $4.7bn a decade earlier, and will be worth $40bn to $65bn by 2020. * The price quoted above is only valid for 30 days. The value of Africa’s pharmaceutical industry jumped to $20.8 billion in 2013 from just $4.7 billion a decade earlier. This website uses cookies to ensure you get the best experience. With the increasing adoption of Western lifestyle in Africa, there has been a paradigm shift in the burden of illness towar… Introduction2. Premium PDF Package. She provided a SWOT analysis of the industry, and said the key strengths were the high demand for pharmaceutical products, and the fact that API manufacturing existed in the country. Pharmaceuticals in South Africa Summary Pharmaceuticals in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2015-19, and forecast to 2024). Price agreements between government and suppliers have reduced the cost of pharmaceuticals used in public sector hospitals and primary care clinics. The pharmaceutical market in Africa is expanding, since Africans– accounting for 13 percent of the world’s population- have more disposable income and better ability to pay than before. The 4 Innovative Pharmaceutical Association of South Africa (IPASA), 2014. Competition in South African Banking … and the South African …, 2004. Coronavirus5.2. A new field opened up in the pharmaceutical industry when the South African Health Products Regulatory Authority (SAHPRA) gave the go-ahead for the production of a biosimilar drug in July 2018, the first time this has been allowed in South Africa. Abbott Laboratories South Africa (Pty) Ltd, Barrs Pharmaceuticals Industries (Pty) Ltd, Fresenius Kabi Manufacturing Sa (Pty) Ltd, Reckitt Benckiser Pharmaceuticals (Pty) Ltd. "The Pharmaceutical Industry in South Africa 2020", https://www.researchandmarkets.com/r/20kuzg. The tropical climate of Africa makes the continent the largest reservoir of infectious diseases, particularly malaria, tuberculosis (TB), and acquired immune deficiency syndrome (AIDS), besides frequent outbreaks of polio, meningitis, cholera, pandemic influenza, yellow fever, measles, hepatitis, and tetanus. For more information about this report visit https: //www.researchandmarkets.com/r/20kuzg a dynamic market, South Africa 2020 '',:! Private sector, the public health sector expenditure on pharmaceuticals successful, South Africa is widely seen as the to. The cases have brought much change in terms of costs and access to the product, and. Successful, South African Banking … and the South African …, 2004 a... 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