Central America Pharmaceuticals & Healthcare Markets to both grown over 5% in 2015
Fast Market Research announces the availability of a new Business Monitor International report, "Central America Pharmaceuticals & Healthcare Report Q4 2015" on their comprehensive research portal.
Growing demand for pharmaceuticals, compounded by underdeveloped manufacturing capabilities will ensure commercial opportunities for foreign investors within Central America over the long term. Multinational drugmakers and medical suppliers will also continue to benefit from favourable tax incentives and growing medicine consumption driven by a booming burden of chronic disease. Sluggish economies and political instability will remain problematic, though pharmaceutical and health expenditure will continue to rise throughout the region.
Headline Expenditure Projections
- Pharmaceuticals: USD3.7bn in 2014 to USD3.9bn in 2015; +5.6%. Our forecast has been maintained since Q3 15 .
- Healthcare: USD16.8bn in 2014 to USD17.8bn in 2015; +5.8%. Our forecast has been revised upwards since Q3 15 due to revised historical data.
Get More Details on this Report and a Full Table of Contents at Central America Pharmaceuticals & Healthcare Report Q4 2015
Key Trends And Developments
The Supreme Court of Honduras issued an arrest warrant for National Congress Vice-President Lena Gutierrez and 15 other people in connection with a corruption scandal in the country's healthcare system. The scandal involves alleged embezzlement that cost the Social Security Institute about USD120mn.
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