In Morocco, the pharmaceuticals in dosage market reached a value of 1.394 billion USD in 2023. From 2013 to 2023, the market has shown fluctuations, with a notable growth pattern until 2021, peaking at 1.5027 billion USD. The last two years revealed a slight decline in 2022 and a modest recovery in 2023. The five-year CAGR from 2018 to 2023 is 1.65%, indicating slow but positive growth. Year-on-year analysis reveals periods of both growth and decline, notably a 5.88% increase in 2021, followed by an 8.15% decrease in 2022.
Future trends to monitor include:
- Focus on technology advancements such as e-health and telemedicine.
- Increased investments in healthcare infrastructure.
- Potential market shifts driven by governmental healthcare policies.
- The impact of global pharmaceutical industry trends on local markets.
How does Morocco rank in Pharmaceuticals in Dosage Market Size Value?
| # | 59 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 110,040,000,000 | 2023 | -0.57% | +2.9% | View data |
| 2 | 2 Japan | 102,270,000,000 | 2023 | +1.29% | +1.27% | View data |
| 3 | 3 Italy | 90,420,000,000 | 2023 | -0.45% | +3.03% | View data |
| 4 | 4 France | 70,241,000,000 | 2023 | -2.11% | -1.64% | View data |
| 5 | 5 United Kingdom | 69,574,000,000 | 2023 | -0.43% | -2.13% | View data |
| 34 | 34 Jordan | 1,676,600,000 | 2023 | +3.85% | +3.83% | View data |
| 35 | 35 Latvia | 1,476,500,000 | 2023 | +0.097% | +1.77% | View data |
| 36 | 36 Morocco | 1,394,000,000 | 2023 | +1% | +1.65% | |
| 37 | 37 Uganda | 1,371,900,000 | 2023 | +3.74% | +5.58% | View data |
| 38 | 38 Honduras | 1,271,700,000 | 2023 | +1.57% | +0.87% | View data |
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