Saudi Arabia is expected to maintain its position as the largest pharmaceutical market in the Gulf, according to a report. The UAE is the second largest.
The GCC Pharmaceutical Industry report released by Alpen Capital said the GCC pharmaceutical market size was estimated at $ 8.5 billion in 2012, compared to $ 7.7 billion in the previous year.
Saudi Arabia is the largest pharmaceutical market in the GCC totally valued at $ 5.1 billion, primarily on account of its large consumer base. The per capita sales in the year amounted to $ 175.
The total value of the UAE pharmaceutical industry was estimated at $ 1.6 billion in 2012, having grown by close to 3 percent from $ 1.5 billion in 2011.
Read more: http://www.arabnews.com/news/446701
No comments:
Post a Comment