The pharmaceutical goods market size per capita in Jamaica showed a steady increase from 2013 to 2021, with values growing from $3.35 to $5.21. However, there was a slight decline in 2022 to $4.8, followed by a slight recovery in 2023 to $4.87. This represents a year-on-year increase for 2023, although the rate of growth has decelerated compared to previous years. Over the last five years, the compound annual growth rate (CAGR) suggests a moderate average annual growth, despite recent fluctuations.
Future trends to watch include potential impacts of healthcare policy changes, the influence of global supply chain dynamics, and the adoption of digital health solutions, which could affect market expansion or contraction. Shifts toward personalized medicine and increasing demand for innovative treatments could also drive future per capita expenditure growth.
- 2013-2021: Consistent growth trajectory
- 2022: Market retraction
- 2023: Moderate recovery
- 5-year CAGR: Positive but decelerating growth
- Future trends: Policy impact, supply chain, digital health, personalized medicine
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 44.82 | 2023 | View data | ||
| 2 | 2 Australia | 41.26 | 2023 | View data | ||
| 3 | 3 Germany | 40.08 | 2023 | View data | ||
| 4 | 4 Switzerland | 38.82 | 2023 | View data | ||
| 5 | 5 Austria | 38.7 | 2023 | View data | ||
| 32 | 32 Peru | 6.09 | 2023 | View data | ||
| 33 | 33 Kazakhstan | 5.54 | 2023 | View data | ||
| 34 | 34 Jamaica | 4.87 | 2023 | |||
| 35 | 35 Nicaragua | 4.56 | 2023 | View data | ||
| 36 | 36 Guatemala | 4.11 | 2023 | View data | ||
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