The market value per capita for Penicillins and Streptomycins in Madagascar has seen a fluctuating yet upward trend from 2013 to 2023. In 2023, the market stood at $1.10 per capita. Over the past two years, there has been a slight shift in growth dynamics, with a 0.93% increase in 2022 but a rebound of 1.85% in 2023. The compound annual growth rate (CAGR) over the past five years is approximately 1.55%, indicating a steady but modest ascent in market engagement and consumption.
Future trends to watch include:
- Potential impacts of healthcare policy changes on antibiotic accessibility.
- Prospects and challenges of generic antibiotic introduction in the market.
- The influence of global and regional public health campaigns on antibiotic demand.