From 2012 to 2022, the pharmaceuticals in dosage market in the Philippines exhibited varying trends in value per capita. Over the last two years, from 2021 to 2022, the market saw a slight contraction of 7.73%, from $44.55 to $41.1. Evaluating the last five years, the Compound Annual Growth Rate (CAGR) stands at approximately 1.72%, indicating a steady yet modest growth.
Future trends to watch for include the increasing adoption of digital health solutions which could drive market value upwards. Additionally, ongoing healthcare reforms and increased government spending on healthcare infrastructure could further influence the market positively.
| # | 59 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,580 | 2023 | View data | ||
| 2 | 2 Germany | 1,460 | 2023 | View data | ||
| 3 | 3 Denmark | 1,300 | 2023 | View data | ||
| 4 | 4 Iceland | 1,220 | 2023 | View data | ||
| 5 | 5 Norway | 1,070 | 2023 | View data | ||
| 48 | 48 Thailand | 56.22 | 2023 | View data | ||
| 49 | 49 Tunisia | 50.43 | 2023 | View data | ||
| 50 | 50 Philippines | 42.69 | 2023 | |||
| 51 | 51 Morocco | 37.22 | 2023 | View data | ||
| 52 | 52 Benin | 34.1 | 2023 | View data | ||
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