Pharmaceuticals in South Africa
SummaryPharmaceuticals in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare.
- The South African pharmaceuticals market had total revenues of $4.5 billion in 2021, representing a compound annual growth rate (CAGR) of 6.9% between 2016 and 2021.
- The government is keen to invest in generics and improve the confidence of users. It wants to open the market to new players rather than the market dominators, Aspen Pharmacare, Sanofi, and Adcock Ingram.
- For pharmaceutical firms, the market presents a good opportunity, with growing disposable income, eclectic demographics, an aging population, and a diverse disease burden.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the pharmaceuticals market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pharmaceuticals market in South Africa
- Leading company profiles reveal details of key pharmaceuticals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa pharmaceuticals market with five year forecasts by both value and volume
Reasons To Buy
- What was the size of the South Africa pharmaceuticals market by value in 2021?
- What will be the size of the South Africa pharmaceuticals market in 2026?
- What factors are affecting the strength of competition in the South Africa pharmaceuticals market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa's pharmaceuticals market?
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