New Report Available: Jordan Pharmaceuticals & Healthcare Report Q1 2015

From: Fast Market Research, Inc.
Published: Mon Dec 29 2014

Continuing political instability in the region is having a detrimental impact on the country's economy and healthcare sector which is burden ed with many Syrian refugees . Th e Jordanian government is continuing to invest in the country's healthcare sector through training more staff and developing additional infrastructure. This will expand access to health services among the population and provide opportunities for drugmakers looking to enter the Jordanian pharmaceutical market.

Headline Expenditure Projections

Full Report Details at

* Pharmaceuticals: JOD641mn (USD903mn) in 2013 to JOD658mn (USD926mn) in 2014; +2.6% in local currency terms and US dollar terms. Forecast in line with Q414.
* Healthcare: JOD2.08bn (USD2.93bn) in 2013 to JOD2.21bn (USD3.12bn) in 2014; +6.3% in local currency terms and US dollar terms. Forecast remains unchanged from Q414.

Risk/Reward Index

In our Q115 Risk/Reward Index, Jordan remains in 11th position out of 31 markets surveyed in the Middle East and Africa (MEA) region, with a score of 46.2 out of 100. Generally speaking, although Jordan offers a relatively favourable investment environment in terms of Risks, its small population size (of around seven million) will continue to limit pharmaceutical market growth.

Key Trends And Developments

* In October 2014 it was announced that the expansion of the King Hussein Cancer Centre (KHCC) will feature new technologies and facilities to meet the rising demand for cancer treatment in Jordan. The centre's new expansion will consist of a new outpatient building and inpatient tower, a dedicated cell therapy and genomics department, in addition to six new operating rooms. The JOD160mn (USD225mn) expansion will be complete in 2016 and will also function as a regional oncology training hub.
* In September 2014 an agreement was signed by the Jordan Nurses and Midwives Association, Jordan Pharmaceutical Association, Jordan Laboratories Association, Private Hospitals Association and...

The Jordan Pharmaceuticals & Healthcare Report features Business Monitor International (BMI)'s forecasts for drugs and healthcare expenditure and imports and exports, focusing on the growth outlook for the prescription, OTC, patented drugs and generics market segments.

BMI's Jordan Pharmaceuticals & Healthcare Report provides industry professionals, strategists, company executives, investors, analysts and sales/marketing heads with independent forecasts and competitive intelligence on the Jordanian pharmaceutical and healthcare industry.

Key Benefits

* Benchmark BMI's independent pharmaceutical and healthcare industry forecasts for Jordan to test other views - a key input for successful budgeting and strategic business planning in the Jordanian pharmaceutical and healthcare market.

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