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Healthcare and pharma
The Pharma & Healthcare industry is of vital importance for human and economic development, providing a wide range of goods and services relevant to the promotion of health at all stages in the healthcare process – from prevention and treatment to rehabilitation and palliative care. It is one of the fastest-growing industries, supported by profound demographic changes, the rising incidence of non-communicable diseases, and surging per capita health spending in both developed and emerging markets. The industry is also one of the major innovators, with increasing expenditures on development of new molecules, biotechnology and adoption of new technologies that provide advanced healthcare and ensure the longevity of the population.
The Pharma & Healthcare industry comprises the manufacture of pharmaceuticals for human and veterinary use, medical equipment and related supplies. It also includes providers of ambulatory health services, medical and diagnostic laboratories, hospitals, and nursing and residential care facilities.
Thailand's pharmaceutical and healthcare industries have grown significantly in recent decades. In 2002, the Thai government began providing universal healthcare to all Thai citizens, a successful initiative covering more than 99.9% of the Thai ...
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China's healthcare system is hospital-centric, and most of the inpatient and outpatient care in the country is delivered by public hospitals and basic medical institutions. On the other hand, due to the growing demand for specialised healthcare and ...
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According to Deloitte, China has been the second largest pharmaceutical market after the US since 2017 and had a market share of 11% in the global pharmaceutical market by the end of 2022. According to the National Bureau of Statistics (NBS), the ...
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Malaysia's pharmaceutical and healthcare sector is among the most advanced in Southeast Asia. Malaysia's healthcare system is divided into a taxpayer-funded and government-run system and a fee-paying private sector. The public system, overseen by the ...
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Indonesia is one of the ASEAN countries with the fastest-growing pharmaceuticals and healthcare sector. The Indonesian implemented a comprehensive public health insurance programme in 2014 to ensure that all Indonesians have access to healthcare. The ...
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Brazil is the largest pharmaceutical market in Latin America, with retail drug sales of USD 27.1bn for the 12 months ending in June 2022. Brazil's pharmaceutical and healthcare sectors are transitioning into the post-pandemic period with some ...
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Brazil's pharmaceutical and healthcare sector is navigating the post-pandemic period with some positives but also quite a few challenges. Among the positives is a sharp rise in public health spending observed in 2021-2023 compared to the pre-pandemic ...
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Colombia was the fourth largest pharmaceutical market in Latin America in terms of sales value as of June 2022, and has a large and growing population. The country has a near-universal social security health insurance system, which suffers from ...
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