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.
Brazil's pharmaceutical and healthcare sector encountered problems during the COVID-19 pandemic, including shortages of drugs and active pharmaceutical ingredients (APIs), rapid price increases for pharmaceutical products and strained finances in the ...
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Indonesia's pharmaceuticals and healthcare sector is amongst the fastest growing in the ASEAN region. The Indonesian government introduced a comprehensive public health insurance programme in 2014 to deliver universal healthcare to Indonesians. The ...
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The healthcare system in the Philippines comprises public and private components. Public healthcare in the Philippines is devolved to local government units, while the central government operates only a few tertiary care and specialist health ...
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Malaysia has one of Southeast Asia's most advanced pharmaceuticals and healthcare sectors. The Malaysian healthcare system comprises two well-developed segments: a taxpayer-funded and government-run system and a private sector. The public system, run ...
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India's pharmaceuticals and healthcare sector is globally renowned. India has a reputation for being the “pharmacy of the world" thanks to its prodigious output of generic medicines and vaccines; notably, the Indian vaccine producer, Serum ...
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