Guatemala Pharmaceuticals & Healthcare Q2 2018

Guatemala Pharmaceuticals & Healthcare Q2 2018

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Guatemala’s pharmaceutical spending will post high growth rates over the next ten years on the back of economicdevelopment. The increasing burden of chronic diseases will ensure that demand for medical treatment remains on the rise. Morebroadly, the relatively large and growing population will drive commercial opportunities for drugmakers and healthcare suppliers.However, low per capita spending on medicine and a poor operating environment will limit growth opportunities while skewing themarket towards the use of generic drugs. As the market develops, improved opportunities for investment in operations as well as inlocal drug manufacturing will slowly improve.

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