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Healthcare and pharma
The Pharma & Healthcare industry is of vital importance for human and economic development, providing a wide range of goods and services relevant to the promotion of health at all stages in the healthcare process – from prevention and treatment to rehabilitation and palliative care. It is one of the fastest-growing industries, supported by profound demographic changes, the rising incidence of non-communicable diseases, and surging per capita health spending in both developed and emerging markets. The industry is also one of the major innovators, with increasing expenditures on development of new molecules, biotechnology and adoption of new technologies that provide advanced healthcare and ensure the longevity of the population.
The Pharma & Healthcare industry comprises the manufacture of pharmaceuticals for human and veterinary use, medical equipment and related supplies. It also includes providers of ambulatory health services, medical and diagnostic laboratories, hospitals, and nursing and residential care facilities.
Thailand's pharmaceutical and healthcare industries have grown significantly in recent decades. In 2002, the Thai government began providing universal healthcare to all Thai citizens, a successful initiative covering more than 99.9% of the Thai ...
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Colombia was the fifth largest pharmaceutical market in Latin America in terms of sales value in 2021, due to its large and growing population. The country has a near-universal social security health insurance system, which has experienced chronic ...
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Brazil is the largest pharmaceutical market in Latin America, with retail drug sales of USD 33.1bn in 2022. Brazil's pharmaceutical and healthcare sector faced several challenges during the COVID-19 pandemic, including shortages of drugs and active ...
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Malaysia has one of Southeast Asia's most advanced pharmaceutical and healthcare sectors. Malaysia's healthcare system is divided into two segments: a taxpayer-funded and government-run system and a private sector. The public system, managed by the ...
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Thailand's pharmaceuticals and healthcare sector has developed considerably over the past few decades. The Thai government began offering universal healthcare to all Thai citizens in 2002, a successful initiative that extends public healthcare ...
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Brazil's pharmaceutical and healthcare sector encountered problems during the COVID-19 pandemic, including shortages of drugs and active pharmaceutical ingredients (APIs), rapid price increases for pharmaceutical products and strained finances in the ...
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Indonesia's pharmaceuticals and healthcare sector is amongst the fastest growing in the ASEAN region. The Indonesian government introduced a comprehensive public health insurance programme in 2014 to deliver universal healthcare to Indonesians. The ...
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