New Market Research Report: Argentina Pharmaceuticals & Healthcare Report Q2 2015

From: Fast Market Research, Inc.
Published: Fri Feb 20 2015

Despite economic activity forecast to continue to decline over the medium - term, Argentina's gradual transition towards more pragmatic and market-friendly economic policies will likely benefit key economic sectors in the long-term, including the pharmaceutical industry. We sustain our view that undervalued local drugmakers could be acquisition targets for foreign firms willing to enhance their footprint in the region as the economy stabilizes . On the upside, the rise of non-communicable diseases will sustain growing demand for medicines, while improved coordination between the pharmaceutical industry and a skilled scientific workforce in biotechnology and basic research will continue to set the ground for longer term opportunities. However, price controls and lax intellectual property protection will continue to weigh on the market potential.

Full Report Details at

Headline Expenditure Projections

Pharmaceuticals: ARS49.89bn (USD6.08bn) in 2014 to ARS54.63bn (USD5.78bn) in 2015; +9.5% in local currency terms and -5.0% in US dollar terms. Forecast broadly in line with the previous quarter.

Healthcare: ARS269.08bn (USD32.81bn) in 2014 to ARS305.47bn (USD32.32bn) in 2015; +13.5% in local currency terms and -1.5% in US dollar terms. Forecast broadly in line with the previous quarter.

Risk/Reward Index : In Q2 2015, Argentina slides one ranking position to 7th out of 18 markets for the Americas region in BMI's Risk/Reward Index (RRI) matrix. The downgrade is due to decelerating economic activity affecting market growth. Argentina's overall score is driven by a large pharmaceutical market (market expenditure score of 14.0 out of 20), significant urbanization leading to better access to healthcare (urban/rural split score of 8.0 out of 8) and an increasing pensionable population (scoring 4.8 out of 8), but dragged down by poor policy enforcement (scoring 1.4 out of 7) and lax intellectual property protection (patent respect score of 2.1 out of 7).

Key Trends And...

The Argentina Pharmaceuticals & Healthcare Report features Business Monitor International (BMI)'s forecasts for drugs and healthcare expenditure and imports and exports, focusing on the growth outlook for the prescription, OTC, patented drugs and generics market segments.

BMI's Argentina Pharmaceuticals & Healthcare Report provides industry professionals, strategists, company executives, investors, analysts and sales/marketing heads with independent forecasts and competitive intelligence on the Argentina pharmaceutical and healthcare industry.

Key Benefits

* Benchmark BMI's pharmaceutical and healthcare market forecasts for Argentina, to test other views - a key input for successful budgeting and strategic business planning in the Argentinian pharmaceutical and healthcare market.

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