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Romania Pharmaceuticals and Healthcare Report Q2 2015

110 Pages BMI Research SKU: BMI5475757

Romania Pharmaceuticals and Healthcare Report Q2 2015

BMI View: We expect Romania's pharmaceutical market in 2015 to be initially driven by a consumer-ledrecovery as falling fuel and food prices, rising wages and declining unemployment drive pharmaceuticalconsumption, but local regulatory factors such as revenue taxes will continue to present obstacles togrowth. Over the longer term, we expect the underfunding of the healthcare system to be addressed andgiven the country's ageing population, a broad based boost in expenditure from both public payers andconsumers will drive continued growth in the pharmaceutical market.

Headline Expenditure Projections

Pharmaceuticals: RON14.17bn (USD4.27bn) in 2014 to RON14.63bn (USD4.10bn) in 2015; +3.2% inlocal currency terms and -3.9% in US dollar terms.

Healthcare: RON32.97bn (USD9.93bn) in 2014 to RON35.78bn (USD10.03bn) in 2015; +8.5% in localcurrency terms and 1.0% in US dollar terms.

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Romania Pharmaceuticals and Healthcare Report Q2 2015

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