Africa Pharmaceutical Market Anticipated to Grow at a CAGR of 20.4% during 2016-2024

Posted on 2018-09-19 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Sep-19 — /EPR Network/ —

Africa Pharmaceutical Market

According to Goldstein Research, Africa pharmaceutical market is expected to reach USD 160.7 billion by 2024, growing at a CAGR of 20.4% over the forecast period 2016-2024. major driving factor for Africa pharmaceutical market is the expansion of healthcare capacity which according to the World Bank Africa acquired 70,000 new hospital beds, 16,000 doctors, and 60,000 nurses, adding up to a total of 1,050,000 beds, 498,370 doctors, and 1,250,000 nurses between 2005 and 2012.

Further, based on geography, Africa pharmaceutical market is impacted by the factors such as healthcare challenges in Ghana, Senegal, Tanzania, Kenya, Benin and Malawi among others in Africa, which thus hold the opportunities in future. South Africa has the largest market in pharmaceuticals among other African countries. Also, the health care system in Uganda is in a mess due to lack of government incentives while Zambia is the ideal country when it comes to how a democracy should work.

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Market Segmentation

On the basis of our in-depth analysis, Africa Pharmaceutical Market can be segmented as follows:

By Type

Active Pharmaceutical Ingredients (APIs)
Branded
Generics
Contract Research and Manufacturing Services
Formulations (CRAMS)
- Chronic
- Cardiovascular
- Anti-Diabetes
- Gastro-Intestinal
- Neurological
- Acute
- Anti-infectives
- Respiratory
- Pain
- Gynaecology
Biosimilars

By Geography

Nigeria Pharmaceutical Market Analysis, 2016-2024
Egypt Pharmaceutical Market Analysis, 2016-2024
South Africa Pharmaceutical Market Analysis, 2016-2024
Algeria Pharmaceutical Market Analysis, 2016-2024
Morocco Pharmaceutical Market Analysis, 2016-2024
Ethiopia Pharmaceutical Market Analysis, 2016-2024
Kenya Pharmaceutical Market Analysis, 2016-2024
Rest of the Africa Pharmaceutical Market Analysis, 2016-2024

Browse Full Report: https://www.goldsteinresearch.com/report/africa-pharmaceutical-industry-market-size-forecast

“Africa Pharmaceutical Market Outlook 2024” contains a detailed overview of the Africa pharmaceutical market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by type and geography.

The Africa Pharmaceutical Market Report highlights the competitive outlook of major Africa players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities, and investments. The in-depth analysis of pharmaceutical market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major players of the Africa pharmaceutical market discussed in the report are Sun Pharma, Cipla, Cadila. Glenmark, Glaxo SmithKline, Abbott Africa, Biocon, Jubilant life, Sanofi Africa, Elys, Pfizer, Cosmos, Bayer, Emzor, Fidson, Dawa, Regal, Lab and Allied, Roche, AstraZeneca, Merck, etc.

Further, Africa Pharmaceutical Market Report encompasses the major trends & growth opportunities, market dynamics, and other growth factors. The Pharmaceutical Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, USP Analysis, BPS analysis, and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on healthcare market analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

Africa Pharmaceutical Market

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