× Global

Set your location

SpenglerFox works around the globe. Set your location to ensure you see the right content information for your country.

Countries are listed for each SpenglerFox office. If you do not see your country, it will default to 'Global'

Your current location

Global

Africa

Americas

Asia Pacific

Europe

Middle East

Sign up

Newsletter sign up

Blog /

Life Sciences: MEA Potential Trillion Dollar Market

29 Jun

Life Sciences: MEA Potential Trillion Dollar Market

Middle East and Africa (MEA): Potential Trillion Dollar Market for Pharmaceutical and Medical Technologies Industries.

White Paper prepared for the SpenglerFox Life Sciences Practice Group

Key points to take away from this paper:

  • Healthcare expenditure is an important component of GDP on MEA markets that represent a potential spend of 1.1 trillion USD
  • Emerging markets such as the Middle East and Africa will represent about 2% of global healthcare spend
  • Rebates and discounts cause contention with national healthcare ministries as they boost demand in predominantly publicly-financed markets
  • Market entry should be carefully planned with support from proven local / regional partners, optimally using high-growth regional capitals as starting points
  • Potential threats to business include restrictions on public spending in healthcare, talent shortages for supply chain management, counterfeit and parallel trade issues.
Latest

You may also like: