Zambia Pharmaceutical Market 2024-2030

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    ZAMBIA PHARMACEUTICAL MARKET

     

    KEY FINDINGS

    • Political will is one of the factors that will open the way for partnership between Government and the private sector in this regard as can be seen with the 2022 National Budget to support the manufacturing sector.
    • Government, through various national development plans, commits to using budget allocations for drugs to procure locally manufactured pharmaceuticals. This should be emphasized with the Ministry of Health.
    • It has been recognised that for the manufacturing sector in general and by implication, the pharmaceutical industry to grow, local capacity is crucial.
    • At national level, the principle legislation in the legal framework for the manufacture of pharmaceuticals is the Medicines and Allied Substances Act No. 3 of 2013.
    • It establishes the Zambia Medicines Regulatory Authority (ZAMRA) as the statutory national regulatory body for medicines.
    • Under section 3 of the Act, ZAMRA is vested with authority to regulate and control the manufacture, importation, storage, distribution, supply, sale and use of medicines and allied substances. This regulatory function is a combination of legal, administration and technical measures taken to ensure quality, safety and efficacy of medicines.
    • CHAZ also has been involved in medicines supply management as a complementary service (about 20– 30%) to the Government supply system. 
    • Through a revolving drug fund CHAZ sells essential medicines to member institutions and other not‐for‐profit organizations, including Government health institutions. 
    • There is limited investment in the industry, perhaps this can be attributed to the capital intensive investment required for the industry to develop and thrive.
    • Equally, limited investment in technological advancements and equipment poses a challenge for advancing local clinical research and trials for drug development. 
    • There are limited opportunities for specialization and continuous professional development that is needed to boost the local industry.

     

    ZAMBIA PHARMACEUTICAL MARKET OVERVIEW

    Zambia, like several other developing African countries, is not able to produce and meet most essential drugs to supply its population as the country is largely dependent on medical imports from other countries especially India.

     

    Currently about 80% of the Africa’s continents’ medical & pharmaceutical products are imported. Shortages of medications and lack of products such as vaccines in most African countries during the pandemic, brought into question the sustainability of highly depending on life saving pharmaceutical imports and revealed a gap for which the pharmaceutical industry in Africa can take up.

     

    However, the government of republic of Zambia is trying to reduce costs on the importation of conventional medicine by promoting the setting up of local manufacturing of essential medicines.

     

    The supply chain is also governed by the law – cutting across marketing, authorisation, inspection of facilities, advertising and promotion of postmarketing surveillance. It is requirement under the Act that medicines should be registered if they are intended to be placed on the Zambian market and this is effected through product licencing and marketing authorisation. 

     

    At regional and international level, Zambia subscribes to the Trade-Related Aspects of Intellectual Property Rights (TRIPS) Agreement, an agreement administered by the World Trade Organisation (WTO), setting down minimum standards for the many forms of intellectual property regulations.

     

    Zambia is a member country of the WTO. The African Union has also taken a policy position on local production of generic medicines to make full use of TRIPS. Access to medicines is an issue discussed at continental level I light of the common health challenges in the member countries.

     

    INTRODUCTION

    The pharmaceutical industry is Zambia is an important component in the health sector critical to delivering a health and productive population. Kalachi et al (2014) indicated that Zambia has five main manufacturers of pharmaceutical products. The report projected that the local production represents between 10-15% of the demand for pharmaceuticals in Zambia.

     

    Zambia’s pharmaceutical manufacturing industry is expanding, and a number of regional businesses manufacture pharmaceutical goods like generic medications, medical equipment, and herbal cures.

     

    This domestic manufacturing intends to lessen the nation’s dependency on pharmaceutical imports.

     

    Zambia still imports a sizable amount of its pharmaceutical goods, including finished pharmaceuticals and active pharmaceutical ingredients (APIs), while expanding its local manufacturing capabilities.

     

    Developing a strong pharmaceutical industry in Zambia will require the Government to invest in pharmaceutical Research and Development(R&D) facilities coupled with strong partnerships with private sector players in ensuring that Indigenous Knowledge Systems (IKS) are utilized. 

     

    ZAMRA responsible for the registration, regulation of pharmacies, registration and regulation of medicines, herbal medicines and allied substances intended for human use and for animal use, regulation and control of the manufacture, importation, exportation, possession, storage, distribution, supply, promotion, sale and use of medicines, herbal medicines and allied substances.

     

    There is a need to offer incentives to attract personal capacity for technical development and expertise among scientists, academia and practitioners in order to encourage the development of human capacity and skills.  

     

    Prioritisation of funding towards research and development in clinical research and trials is essential in the development of new knowledge which is key in the pharmaceutical industry and the development of ground breaking treatments.

     

    The low levels of R&D therefore inhibit increased opportunities for collaboration among stakeholders with the pharmaceutical industry, whose role is to scale up and commercialize pharmaceutical products.There is need for increased engagement with development partners and the need to attract private sector financing in the development of clinical research to advance the local pharmaceutical industry. 

     

    Price limits and subsidies for necessary medications are just two of the programmes and policies that have been put in place to increase accessibility and affordability.In Zambia, it is important to provide access to necessary medications.

     

    ZAMBIA PHARMACEUTICAL MARKET SIZE AND FORECAST

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    The Zambia pharmaceutical market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    TRENDS IN ZAMBIA PHARMACEUTICAL MARKET

    Streamlining of drug registration

    Zambia has joined the ZAZIBONA Collaborative Medicines Registration Process, simplifying and accelerating drug registration for 15 SADC countries.

     

    Launch of the National Essential Medicines List (NEML)

    The government has launched a new NEML, which provides guidance on the selection and procurement of essential medicines.

     

    ZAMRA Launches New Online Platform for Drug Registration

    The Zambian Medicines Regulatory Authority (ZAMRA) has launched a new online platform for drug registration, aiming to streamline the process and improve efficiency. This platform allows pharmaceutical companies to submit applications electronically, track the progress of their applications, and receive updates and decisions directly. This move is expected to reduce processing time and costs for companies, ultimately leading to faster access to essential medicines for patients.

     

    Pharmaceutical Companies Partner to Combat Counterfeit Drugs

    Several pharmaceutical companies operating in Zambia have partnered with the government and regulatory authorities to combat the issue of counterfeit drugs. This collaboration involves sharing information, conducting joint investigations, and raising public awareness about the dangers of counterfeit medicines. This initiative aims to protect public health and ensure that patients have access to safe and effective medicines.

     

    Government Launches Initiative to Reduce Healthcare Costs

    The Zambian government has launched a new initiative aimed at reducing healthcare costs for citizens. This initiative includes measures such as negotiating lower prices for drugs and medical supplies, promoting generic drugs, and expanding health insurance coverage. This initiative is expected to improve access to healthcare services for low-income families and make essential medicines more affordable.

     

    ZAMBIA PHARMACEUTICAL MARKET NEW PRODUCT LAUNCH

    Merck launches Keytruda (pembrolizumab) for the treatment of certain types of cancer. Keytruda (pembrolizumab) injection belongs to a class of medications called monoclonal antibodies. Keytruda works by helping your immune system to slow or stop the growth and spread of cancer cells in the body. Keytruda is a type of immunotherapy that blocks the PD-1 (programmed death receptor-1) receptor which helps it stop cancer cells from hiding from the immune system.

     

    Johnson & Johnson launches Tremfya (guselkumab) for the treatment of moderate to severe plaque psoriasis. TREMFYA® is a biologic therapy approved for adult patients with moderate to severe plaque psoriasis who may benefit from taking injections or pills (systemic therapy) or phototherapy (treatment using ultraviolet light), and for the treatment of adult patients with active Ps.

     

    Gilead Sciences launches Trogarzo (ibalizumab) for the treatment of multidrug-resistant HIV-1 infection. Tragarzo is indicated for the treatment of multidrug-resistant HIV-1 infection in patients that have previously received several anti-HIV-1 regimens and are failing their current antiretroviral therapy (ART).

     

    ZAMBIA PHARMACEUTICAL MARKET SEGMENTATION

    Zambia Pharmaceutical Market By Product Type

    • Prescription drugs
    • Over-the-counter (OTC) drugs
    • Generics
    • Biosimilar
    • Traditional Medicines

     

    Zambia Pharmaceutical Market By Disease Category

    • Chronic diseases
    • Acute diseases

     

    Zambia Pharmaceutical Market By Distribution Channel

    • Wholesaler
    • Pharmacies
    • Direct sales
    • E-pharmacies

     

    Zambia Pharmaceutical Market By Geography

    • Urban areas
    • Rural areas

     

    ZAMBIA PHARMACEUTICAL MARKET COMPANY PROFILE

    • GlaxoSmithKline (GSK)
    • Cipla
    • Aspen Pharmacare
    • Roche
    • Novartis
    • Merck
    • Johnson & Johnson
    • Pfizer
    • Pharmanova
    • Phytopharm

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the current size of the Zambian pharmaceutical market?
    2. How has the market grown in recent years?
    3. What is the projected growth rate of the market for the next five years?
    4. What are the key drivers of growth in the Zambian pharmaceutical market?
    5. What are the main challenges facing the Zambian pharmaceutical market?
    6. What are the major segments of the Zambian pharmaceutical market?
    7. Which segment is the largest and why?
    8. How are the different segments expected to grow in the future?
    9. What are the most commonly used pharmaceutical products in Zambia?
    10. What is the demand for generic and branded drugs in the Zambian market?
    11. How are new and innovative drugs adopted in Zambia?
    12. What are the regulatory requirements for pharmaceutical products in Zambia?
    13. How is the growth of e-pharmacies impacting the Zambian pharmaceutical market?
    14. What are the key government policies and regulations affecting the Zambian pharmaceutical market?
    15. How do government policies impact the development of the local pharmaceutical industry?
    16. What are the key trends shaping the future of the Zambian pharmaceutical market?
    17. How will technology impact the pharmaceutical industry in Zambia?
    18. What are the opportunities and challenges for the Zambian pharmaceutical market in the future?
    19. How does the Zambian pharmaceutical market compare to other African markets?
    20. What role does the private sector play in the Zambian pharmaceutical market?

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Research Methodology
    4 Executive Summary
    5 Average B2B Price
    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 Challenges in Zambia Pharmaceutical Market
    14 Impact of Government Policies in Zambia Pharmaceutical Market
    15 Research and Development in Zambia Pharmaceutical Market
    16 New product development in past 12 months
    17 Market Size, Dynamics and Forecast by Geography, 2024-2030
    18 Market Size, Dynamics and Forecast by Distribution, 2024-2030
    19 Market Size, Dynamics and Forecast by Disease, 2024-2030
    20 Market Size, Dynamics and Forecast by Product type, 2024-2030
    21 Gross margin and average profitability of suppliers
    22 Competitive Landscape
    23 M&A in past 12 months
    24 Growth strategy of leading players
    25 Market share of vendors, 2023
    26 Company Profiles
    27 Unmet needs and opportunity for new suppliers
    28 Conclusion
     
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