GlobalData,
the industry analysis specialist, has released its latest report, "CountryFocus:
Healthcare, Regulatory and Reimbursement Landscape - Philippines". The
report is an essential source of information and analysis regarding the
healthcare, regulatory and reimbursement landscape in the Philippines.
It
identifies key trends in the healthcare market and provides insights into the
demographic, regulatory, reimbursement landscape and healthcare infrastructure
in the country. Most importantly, the report provides valuable insights into
the trends and segmentation of the pharmaceutical and medical device markets.
This resource has been produced using data and information from proprietary
databases, secondary research, and in-house analysis by GlobalData's team of
industry experts.
For more information kindly
visit: http://www.radiantinsights.com/research/countryfocus-healthcare-regulatory-and-reimbursement-landscape-philippines
The
population of the Philippines amounted to approximately 99.2 million in 2013,
making it the 12th most populated country in the world. Population growth has
primarily been due to a high birth rate and rising life expectancy. An
increased elderly population is however a matter of concern for policy
planners. The value of the pharmaceutical market in the country amounted to
$4.3 billion in 2013, and it is expected to increase at a CAGR of 9.4% to reach
approximately $8 billion in 2020.
The positive
trend in the healthcare market of the Philippines can be attributed primarily
to the following factors -
- Generic
substitution in both the public and private sectors, which has been a driver
for the manufacture of generic drugs
- Increased
expenditure on medicines by Local Government Units (LGUs)
- Government
initiatives for the prevention and management of chronic diseases
- An
improved and updated regulatory environment
Scope
This report
provides information on the healthcare, regulatory, and reimbursement landscape
in the Philippines, including the following -
- An
overview of the pharmaceutical and medical device markets, comprising market
size, segmentation, and key drivers and barriers
- Profiles and SWOT analyses for major players
in the pharmaceutical market (United Laboratories, Pfizer, GlaxoSmithKline,
Novartis, Merck)
- An
insightful review of the reimbursement and regulatory landscape, including
details of the healthcare reimbursement process, regulatory agencies, and
approval processes for new drugs and medical devices
- Detailed
analysis of the political and economic environment, covering economic
indicators, demographics, healthcare infrastructure, and healthcare expenditure
- An
overview of the opportunities for and challenges facing growth in the
healthcare market
Reasons to buy
This report
will enhance your decision-making capability by allowing you to -
- Develop
business strategies based on a sound understanding of the trends shaping and
driving the healthcare market in the Philippines
- Generate
revenue based upon knowledge of key trends, reimbursement and regulatory
policies, pharmaceutical market segments, and the companies likely to impact
the healthcare market in the future
- Formulate
effective sales and marketing strategies by understanding the competitive
landscape and analyzing the performance of various competitors
- Organize
sales and marketing efforts by identifying the market categories and segments
that present the greatest opportunities for consolidation, investment, and
strategic partnership
- Identify,
understand, and capitalize upon the opportunities and challenges in the
Philippines' healthcare market
About Us
Radiant Insights is a platform for companies
looking to meet their market research and business intelligence requirements.
We assist and facilitate organizations and individuals procure market research
reports, helping them in the decision making process. We have a comprehensive
collection of reports, covering over 40 key industries and a host of micro
markets. In addition to over extensive database of reports, our experienced research
coordinators also offer a host of ancillary services such as, research
partnerships/ tie-ups and customized research solutions.
For more
information visit: Radiant Insights
Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
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Email: sales@radiantinsights.com
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