MRRSE has added a new research report on the "Pharmaceutical Market: Saudi Arabia Industry Analysis and Opportunity Assessment, 2016-2026" to its collection.
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Pharmaceutical market: saudi arabia industry analysis and opportunity assessment, 2016 2026
1. Pharmaceutical Market: Saudi Arabia Industry Analysis and
Opportunity Assessment, 2016-2026
Report Description
The report examines Saudi Arabia pharmaceutical market for
the period 2016โ2026. The primary objective of the report is
to offer insights on various products such as prescription
2. products, branded drugs, generic drugs and over-the-counter
(OTC) products.
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The report begins by defining various economic and
healthcare indicators in the country, followed by an overview
of dynamics of the Saudi Arabia pharmaceutical market,
which includes FMI analysis of key trends, drivers, restraints
and opportunities and key players. It also includes insights
into key regulations and reimbursement scenario. Impact
analyses of key growth drivers and restraints based on the
weighted average model have also been included in the
3. report to better equip readers with meaningful insights on
ongoing developments in the market.
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Primary factors fuelling growth of the Saudi Arabia
pharmaceutical market include increasing population and
expatriates coupled with rapidly increasing healthcare
infrastructure and proactive measures by the government to
improve the healthcare systems in the country. Other factors
driving demand for pharmaceuticals in Saudi Arabia are
rising prevalence of lifestyle diseases and availability of
better quality products from multinational companies.
4. On the contrary, factors such as lack of research and
development capabilities and challenging regulatory
environment in Saudi Arabia are factors expected to hamper
market growth in the near future.
Based on product type, the market has been segmented into
prescription products and OTC products. A detailed analysis
has been provided for every segment in terms of market size,
Y-o-Y growth rate, absolute $ opportunity and BPS analysis.
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5. Based on disease type, the market has been segmented into
cardiovascular diseases, diabetes, cancer, obesity, infectious
diseases and other diseases. A detailed analysis has been
provided for every segment in terms of market size, Y-o-Y
growth rate, absolute $ opportunity and BPS analysis.
On the basis of distribution channel, retail pharmacies
segment is expected to witness highest growth in Saudi
Arabia pharmaceutical market over the forecast period. This
trend is expected to be particularly prominent in Saudi
Arabia, where doctors and patients hold higher preference for
branded drugs over generic drugs. However, hospital
pharmacies segment is expected to exhibit significant growth
6. over the forecast period due to demand for generic drugs
fuelled by increase in health insurance penetration.
The above sections โ by product type, diseases and
distribution channelโ evaluate the present scenario and
growth prospects of the Saudi Arabia pharmaceutical market
for 2016โ2026. We have considered 2015 as the base year
and provided data for the forecast period.
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