SOUTH AFRICA PHARMACEUTICAL MARKET

 

INTRODUCTION 

 

Multinational pharmaceutical companies dominate the pharmaceutical industry. Even though the private sector offers a wider range of products, the public health sector consumes the most pharmaceuticals.

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More than half of all pharmaceutical expenditures made by the public health sector are for HIV vaccines and antiretroviral (ARVs).

 

Several active pharmaceutical ingredients and finished pharmaceutical products are imported, despite the fact that nearly 70% of the pharmaceutical products used are manufactured locally.

 

The pharmaceutical development, production, marketing, and sale are strictly regulated in this industry.

 

The pharmaceutical industry has fared better than many other industries in the past decade in its capacity as a supplier of essential products.The cost of imported components and finished goods has increased as a result of the weak exchange rate.

 

The prices of pharmaceuticals used in public sector hospitals and primary care clinics have decreased as a result of price agreements between the government and suppliers.The profit margins of manufacturers continue to shrink.

 

Interest for sanitizers and cleanliness items because of Covid has seen various non-expert makers and providers enter the market.Suppliers of public sector sanitizer have either provided subpar products or charged exorbitant prices.

 

The wholesale and retail trade in pharmaceutical products are also covered in this report, which focuses on the pharmaceutical manufacturing industry in South Africa.

 

The sector’s state and size, as well as influencing factors like the response to the coronavirus, regulation, R&D, and competition, are all included.

SOUTH AFRICA PHARMACEUTICAL MARKET SIZE AND FORECAST

 

The South Africa Pharmaceutical Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

 

MARKET DYNAMICS

Aspen, a South African pharmaceutical company, opened a world-leading anaesthetics production line. This line will ensure local supply and meet growing global demand for coronavirus-related medications.

 

Since the beginning of the pandemic, general anaesthetics have been used more frequently because they are needed to help Covid-19 patients who are on ventilators in intensive care units.

 

Aspen’s factory in the southern city of Gebara has been transformed into “one of the world’s largest general anaesthetics production lines. 

 

COVID-19:SECURITY SUPPLY FOR SOUTH AFRICA

 

 While the majority of production will be exported globally, the company will also guarantee local security of supply, according to South African Trade Minister.

 

The delta variant has a NEW mutation. It was installed at the same facility where Johnson & Johnson Covid-19 vaccine production by Aspen began. 

 

DEALS IN VACCINE PRODUCTION.

 The company is in charge of the “fill and finish process,” which is the last step in the manufacturing of the vaccines.

 

Pfizer and BioNTech, two of the world’s largest pharmaceutical companies, have also signed similar agreements with Biovar in South Africa to produce vaccines.

 

COMPANY PROFILE

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost per South Africa Pharmaceutical Market right now and how will it change in the next 5-6 years?
  2. Average cost to set up a Pharmaceutical Market in South Africa?
  3. How many South Africa Pharmaceutical Market  are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  4. What is happening in the overall public, globally?
  5. Cost breakup of a South Africa Pharmaceutical Market and key vendor selection criteria
  6. Where is the South Africa Pharmaceutical Market manufactured? What is the average margin per equipment?
  7. Market share of South Africa Pharmaceutical Market manufacturers and their upcoming products
  8. The most important planned South Africa Pharmaceutical Market in next 2 years
  9. Details on network of major South Africa Pharmaceutical Market and pricing plans
  10. Cost advantage for OEMs who manufacture South Africa Pharmaceutical Market in-house
  11. 5 key predictions for next 5 years in South Africa Pharmaceutical Market
  12. Average B-2-B South Africa Pharmaceutical Market price in all segments
  13. Latest trends in South Africa Pharmaceutical Market, by every market segment
  14. The market size (both volume and value) of South Africa Pharmaceutical Market in 2022-2030 and every year in between?
  15. Global production breakup of South Africa Pharmaceutical Market, by suppliers and their OEM relationship
Sl no Topic
1 Market Segmentation
2 Scope of the report
3 Abbreviations
4 Research Methodology
5 Executive Summary
6 Introduction
7 Insights from Industry stakeholders
8 Cost breakdown of Product by sub-components and average profit margin
9 Disruptive innovation in the Industry
10 Technology trends in the Industry
11 Consumer trends in the industry
12 Recent Production Milestones
13 Component Manufacturing in US, EU and China
14 COVID-19 impact on overall market
15 COVID-19 impact on Production of components
16 COVID-19 impact on Point of sale
17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2030
18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030
19 Market Segmentation, Dynamics and Forecast by Application, 2022-2030
20 Market Segmentation, Dynamics and Forecast by End use, 2022-2030
21 Product installation rate by OEM, 2022
22 Incline/Decline in Average B-2-B selling price in past 5 years
23 Competition from substitute products
24 Gross margin and average profitability of suppliers
25 New product development in past 12 months
26 M&A in past 12 months
27 Growth strategy of leading players
28 Market share of vendors, 2022
29 Company Profiles
30 Unmet needs and opportunity for new suppliers
31 Conclusion
32 Appendix

 

 

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