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Bahrain Pharmaceuticals and Healthcare Report Q3 2016

  • May 2016
  • -
  • Business Monitor International
  • -
  • 71 pages

Includes 3 FREE quarterly updates

BMI View: Bahrain's pharmaceutical market will experience slight growth in 2016 as a result of medicineprice cuts implemented in late 2015. The country's rising prevalence of lifestyle-related diseases and theuptake of compulsory health insurance will provide strong opportunities for multinational pharmaceuticalcompanies in the coming years. Innovative drug companies will show increasing interest in the region forsales of high-value products for the treatment of chronic diseases such as diabetes. However, risinghealthcare costs and lower oil prices impacting government revenues will lead to cost-containmentmeasures focussed on the healthcare and pharmaceutical sectors.

Headline Expenditure Projections

-Pharmaceuticals: BHD131mn (USD347mn) in 2015 to BHD140mn (USD370mn) in 2016; +6.8% inboth local currency and US dollar terms. Forecast in line with last quarter.

-Healthcare: BHD631mn (USD1.67bn) in 2015 to BHD684mn (USD1.81bn) in 2016; +8.4% in bothlocal currency and US dollar terms. Forecast in line with last quarter.

Table Of Contents

Bahrain Pharmaceuticals and Healthcare Report Q3 2016
BMI Industry View 7
Table: Headline Pharmaceuticals and Healthcare Forecasts (Bahrain 2014-2020) 7
SWOT 9
Industry Forecast 11
Pharmaceutical Market Forecast 11
Table: Pharmaceutical Sales, Historical Data And Forecasts (Bahrain 2012-2020) 13
Healthcare Market Forecast 14
Table: Healthcare Expenditure Trends, Historical Data And Forecasts (Bahrain 2012-2020) 16
Table: Government Healthcare Expenditure Trends, Historical Data And Forecasts (Bahrain 2012-2020) 16
Table: Private Healthcare Expenditure Trends, Historical Data And Forecasts (Bahrain 2012-2020) 16
Prescription Drug Market Forecast 17
Table: Prescription Drug Market Indicators, Historical Data And Forecasts (Bahrain 2012-2020) 18
Patented Drug Market Forecast 19
Table: Patented Drug Market Indicators, Historical Data And Forecasts (Bahrain 2012-2020) 20
Generic Drug Market Forecast 21
Table: Generic Drug Market Indicators, Historical Data And Forecasts (Bahrain 2012-2020) 22
OTC Medicine Market Forecast 23
Table: Over-The-Counter (OTC) Medicine Market Indicators, Historical Data And Forecasts (Bahrain 2012-2020) 24
Pharmaceutical Trade Forecast 25
Table: Pharmaceutical Trade Data And Forecasts (Bahrain 2014-2020) 26
Table: Pharmaceutical Trade Data And Forecasts local currency (Bahrain 2014-2020) 27
Pharmaceuticals Risk/Reward Index 28
Middle East and Africa Risk/Reward Index - Q3 2016 28
Bahrain Risk/Reward Index 36
Rewards 36
Risks 36
Regulatory Review 38
Intellectual Property Issues 41
Pricing And Reimbursement Regime 42
Public Sector Procurement 43
Free Trade Agreements 43
Market Overview 46
Healthcare Sector 47
Healthcare Sector Developments 47
Healthcare Provision 48
Table: Ministry Of Health's Objectives 48
Health Insurance 49
Health Insurance For Expatriates 50
Table: National Health Insurance Scheme Breakdown 50
Research And Development 52
Clinical Trials 52
Epidemiology 53
Competitive Landscape 56
Pharmaceutical Industry 56
Table: Multinational Market Activity 56
Domestic Industry 57
Pharmaceutical Distribution 58
Pharmaceutical Retail Sector 59
Demographic Forecast 60
Demographic Outlook 60
Table: Population Headline Indicators (Bahrain 1990-2025) 61
Table: Key Population Ratios (Bahrain 1990-2025) 61
Table: Urban/Rural Population and Life Expectancy (Bahrain 1990-2025) 62
Table: Population By Age Group (Bahrain 1990-2025) 62
Table: Population By Age Group % (Bahrain 1990-2025) 63
Glossary 65
Methodology 67
Pharmaceutical Expenditure Forecast Model 67
Healthcare Expenditure Forecast Model 67
Notes On Methodology 68
Risk/Reward Index Methodology 69
Index Overview 70
Table: Pharmaceutical Risk/Reward Index Indicators 70
Indicator Weightings 71

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