Armenia has a population of around 3 million people and declared independence in 1991 after the fall of the Soviet Union. It has since transitioned to a market economy but remains a lower middle income country with over 40% of the population living below the poverty line. Healthcare is primarily funded through out-of-pocket payments which poses a large financial burden. Key health issues include noncommunicable diseases, tuberculosis, and low rates of immunization. The pharmaceutical market has grown in recent years but regulatory and financial challenges remain.