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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, m⛦edical equipment and related supplies. It also includes providers of ambulatory health services, medical and diagnostic laboratories, hospitals, and nursing and residential care facilities.
India’s pharmaceuticals and healthcare sector has a global reputation. India accounts for approximately 20% of the worldwide market s𝓀hare of generic drugs, making it the leading exporter, particularly to the developing world. Inꦐdia is ...
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Thailand’s pharmaceuticals and healthcare sector has developed considerably over the past few decades. The Thai government initiated its pl꧃an to deliver universal healthcare to all Thais in 2002, which has proven so successful that more than 9ꦫ9 ...
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Malaysia has a highly devel🐼oped pharmaceuticals and healthcare sector. Malaysia’s healthcare system is two-tiered. The Ministry of Health (“MoH”) provides comprehensive, taxpayer-funded healthcare services for Malaysian ...
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In Q3 2021, Chinese residents’ expenditures on medicine and medical services continued to increase. Per capita spending of urban residents reached 🅷RMB 635, 🌄up by 10.8% y/y, and that of rural residents recorded a growth of 9 ...
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