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Armenia Pharmaceuticals and Healthcare Report Q4 2017

Armenia Pharmaceuticals and Healthcare Report Q4 2017

BMI View:

Armenia's small market size, limited by its population, will restrict multinational drugmakerinterest. While there exists significant potential for medicine sales growth, demand for innovative drugs willremain minimal. Growth in domestic production is increasing with government support. However, there aremore attractive markets in the region for use as an export hub.

Healthcare Expenditure Projections

Pharmaceuticals: AMD62.4bn (USD130mn) in 2016 to AMD65.0bn (USD133) in 2017; 4.1% in localcurrency and 2.4% in US dollar terms.

Healthcare: AMD221.8bn (USD462mn) in 2016 to AMD233.1bn (USD477mn) in 2017; 5.1% in localcurrency and 3.3% in US dollar terms.

Risk/Reward Index

Armenia's small population and weak purchasing power limit its market size, resulting in the countryscoring 29.0 out of 100 in BMI's Innovative Pharmaceuticals

Risk/Reward Index.

The country is the leastattractive pharmaceutical market in the Central and Eastern Europe region. Drugmaker opportunities willremain limited by a combination of the challenging political and economic environment, weak regulatorysupervision and an unattractive demographic profile.


BMI Industry View
Table: Headline Pharmaceuticals & Healthcare Forecasts (Armenia 2015-2021)
SWOT
Industry Forecast
Pharmaceutical Market Forecast
Table: Pharmaceutical Sales, Historical Data And Forecasts (Armenia 2013-2021)
Healthcare Market Forecast
Table: Healthcare Expenditure Trends, Historical Data And Forecasts (Armenia 2013-2021)
Table: Government Healthcare Expenditure Trends, Historical Data And Forecasts (Armenia 2013-2021)
Table: Private Healthcare Expenditure Trends, Historical Data And Forecasts (Armenia 2013-2021)
Industry Risk Reward Ratings
Central And Eastern Europe Pharmaceuticals: A Mixture Of Opportunities
Industry Risk/Reward Ratings
Reward
Risk
Regulatory Development
Regulatory Review
Regulatory Overview
Pricing And Reimbursement Regime
Market Overview
Healthcare Sector
Epidemiology
Competitive Landscape
Research-Based Industry
Table: Multinational Market Activity
Generic Drugmakers
Pharmaceutical Distribution and Retail
Demographic Forecast
Table: Population Headline Indicators (Armenia 1990-2025)
Table: Key Population Ratios (Armenia 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Armenia 1990-2025)
Table: Population By Age Group (Armenia 1990-2025)
Table: Population By Age Group % (Armenia 1990-2025)
Glossary
Methodology
Pharmaceutical Expenditure Forecast Model
Healthcare Expenditure Forecast Model
Notes On Methodology
Risk/Reward Index Methodology
Table: Indicators - Rationale And Sources

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