Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Greater Regulatory Control and a Shift of Focus Away from Costly and Branded Drugs will Increase Generic Drugs’ Market Share
* Required Fields
Pay by invoice
The African continent grapples with a huge burden of communicable diseases, particularly HIV/AIDS, tuberculosis, and malaria. With African governments facing major health financing challenges, a significant proportion of these disease areas are financed by global aid organizations that are also helping in poverty eradication in the continent. Parallelly, with each passing year, the incidence of non-communicable diseases has also been on the rise, along with the rising incomes of the African people. With rising incomes, there is greater indulgence in Westernised diets and unhealthy lifestyles that involve high alcohol intake and tobacco smoking. The pharmaceutical market in Africa has had to keep up with these trends, providing the necessary medicines to combat the various diseases affecting people in African countries. While branded medicines have dominated the pharmaceutical market in the past decades, the current situation seems to favour the generic alternatives instead, as these achieve similar therapeutic outcomes. Taking into consideration the major financing challenges mentioned above, price becomes a key negotiating factor, resulting in governments focusing on acquiring the cheapest drugs in the global market. Moreover, the supply chains and distribution channels in countries such as Kenya and Nigeria cater to more than 240 million people collectively. These channels are often overwhelmed, particularly with the additional challenges posed by an underdeveloped regulatory environment. This has led to a stronger focus on developing local pharmaceutical capabilities amongst both private and public sectors to cut down on imports that have historically been subject to exchange rate fluctuations. Interest in local manufacturing is growing, and governments are slowly transforming the regulatory environment to create a more conducive operating environment for pharmaceutical investors.
The study covers the following pharmaceutical therapeutic segments: anti-infective, cancer, cardiovascular, central nervous system, diabetes, and respiratory.
Key Issues Addressed
Growth Opportunities for the Global Personal Care and Cosmetic Preservatives Market, Forecast to 2023
Indian Unified Communications (UC) Applications and Services Market, CY 2018
US and EU5 Hand Hygiene Compliance Monitoring Solution Market, Forecast to 2023
Growth Opportunities in the Global Audio Conferencing Endpoints Market, Forecast to 2025
Analysis of the Hospital Asset Management Market, Forecast to 2023
Global Contract Research Organization (CRO) Market, Forecast to 2024
Medical Imaging Industry Quarterly Tracker, Q2 2019
Analysis of Global Water Treatment Chemicals Market, Forecast to 2025
Neonatal Infant Care Device Market, Forecast to 2023
Analysis of the Global Flexible Plastic Packaging Market, Forecast to 2023
flexible packaging market
aerospace industry outlook
alternative energy market
solar energy market
power electronics market
wearable technology market
solar energy market
solar cell market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.