Hungary Pharmaceuticals & Healthcare Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Hungary Pharmaceuticals & Healthcare Report

The Hungary Pharmaceuticals and Healthcare Report

Independent 5-year pharmaceutical and healthcare industry forecasts for Hungary .

Original pharmaceutical and healthcare market research and pharmaceutical and healthcare sector trend analysis for the Hungarian pharmaceutical and healthcare industry.

Competitive intelligence, Hungarian pharmaceutical and healthcare company rankings and SWOT analyses on international and domestic pharmaceutical and healthcare companies in the Hungarian market.

The Hungary Pharmaceuticals and Healthcare Report has been researched at source and features the latest available data and forecasts to end- covering drugs and healthcare expenditure, the prescription, OTC and generics markets, and foreign trade; company rankings and competitive landscapes including multinational and national drugs companies; and analysis of latest industry news, trends and regulatory developments.

Business Monitor International’s Hungary Pharmaceuticals and Healthcare Report provides industry professionals, market investors and corporate and financial services analysts with independent forecasts and competitive intelligence on the Hungarian pharmaceutical and healthcare industry.

Key Benefits of Report

Coverage

Executive Summary & Industry SWOT

An at-a-glance perspective on latest regulatory developments, key forecast indicators and major corporate developments, covering the prescription, OTC and generics markets. The SWOT outlines strategic factors which affect BMI’s forecast analysis, and taken together with BMI’s Economic and Business Environment SWOTS, give a complete overview of market climate.

Market Summary

Outline of market characteristics, growth factors, leading therapeutic segments and a competitivness of the market.

Regulatory Regime

Guide to and analysis of country intellectual property developments and pricing & reimbursement issues, which constitute the regulatory make-up of the market.

Industry Developments

Focus on government healthcare reforms, epidemiological trends, company M&As, product launches, market entries, FDI activity, R&D and patent legislation.

BMI 5-Year Industry Forecast

5-Year Forecasts to end- for all key industry indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:

Forecasts based on bespoke BMI economic modelling, using historical data sets of macroeconomic and industry variables to derive rigorous statistical relationships, anchored in advanced linear regression techniques.

BMI 5-Year Macroeconomic Forecasts

BMI forecasts for all headline macroeconomic indicators, including:
Nominal and real GDP, % real GDP growth, % private consumption growth, % industrial output growth, % consumer price index, % GDP price deflator, exports, imports, trade balance, current account balance, foreign direct investment, exchange rate against US$, government expenditure, external debt

Competitive Landscape & Profiles

Intelligence on the market position of major MNC power houses and indigenous companies. BMI profiles key research-based companies. Company SWOTS are provided for all key strategic players, complete with a company activity overview, its leading products and analysis of business opportunities.

Hungary Pharmaceuticals & Healthcare Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Table of Contents

Chapter - Executive Summary

Hungary Pharmaceuticals And Healthcare Industry SWOT
Hungary Political SWOT
Hungary Economic SWOT
Hungary Business Environment SWOT

Chapter - Pharmaceuticals & Healthcare Business Environment

Table: Central And Eastern Europe Pharmaceuticals Business Environment Ratings For Q209
Limits to Potential Returns

Chapter - Hungary – Market Summary

Regulatory Regime
Recent EU Regulatory Developments
Intellectual Property Regime

Chapter - Pricing Regime

Table: Hungary – Pharmaceutical Price Build-Up
Table: Hungary – Average Pharmacy Mark-Up

Chapter - Reimbursement Regime

Price Cuts
Pricing and Reimbursement Reforms

Chapter - Industry Developments

Epidemiology
Table: Disease Burden In CEE

Chapter - Healthcare Financing

Healthcare Reforms
Hospital Sector Reforms
Research and Development
Table: Special Incentive Package For Investors Willing To Establish An R&D Facility Worth At Least EUR10mn in Hungary
Biotechnology Sector
Medical Devices

Chapter - Industry Forecast Scenario

Overall Market Forecast
Table: Hungary's Drug Market Forecast, 2004-2013
Key Growth Factors – Industry
Table: Hungary's Health Expenditure Indicators, 2004-2013
Key Growth Factors – Macroeconomic
Table: Hungary- Economic Activity
Prescription Market Forecast
Table: Hungary's Prescription Market Indicators, 2004-2013 (HUFmn unless otherwise) stated)
OTC Market Forecast
Table: Hungary's OTC Market Indicators, 2004-2013 (HUFmn unless otherwise) stated)
Patented Market Forecast
Table: Hungary's Patented Drug Market Indicators, 2004-2013
Generics Market Forecast
Table: Hungary's Generics Market Indicator Forecasts, 2004-2013
Export/Import Forecasts
Table: Hungary's Import/Export Market Forecasts, 2004-2013 (US$mn)
Medical Devices Forecast
Table: Hungary's Medical Device Market 2004-2013
Other Healthcare Data Forecasts
Table: Hungary's Other Healthcare Data, 2004-2013
Key Risks To BMI's Forecast Scenario

Chapter - Competitive Landscape

Table: Leading Pharmaceutical Companies By Ownership
Domestic Price Cuts Calculated For Total Egis Portfolio
Wholesale and Retail Pharmacy Sector

Chapter - Company Monitor

Multinational Companies
Pfizer
Novartis
Sanofi-Aventis
GlaxoSmithKline
Merck & Co
Eli Lilly
Krka
Domestic Manufacturers
Gedeon Richter
Egis Pharmaceuticals (Servier)

Chapter - Country Snapshot: Hungary Demographic Data

Section 1: Population
Table: Demographic Indicators, 2005-2030
Table: Rural/Urban Breakdown, 2005-2030
Section 2: Education And Healthcare
Table: Education, 2002-2005
Table: Vital Statistics, 2005-2030
Section 3: Labour Market And Spending Power
Table: Employment Indicators, 2001-2006
Table: Consumer Expenditure, 2000-2012 (US$)
Table: Average Annual Wages, 2000-2012

Chapter - BMI Forecast Modelling

How We Generate Our Pharmaceutical Industry Forecasts
Pharmaceutical Business Environment Ratings Methodology
Ratings Overview
Table: Pharmaceutical Business Environment Indicators
Weighting
Table: Weighting Of Components

Chapter - Sources

Hungary Pharmaceuticals & Healthcare Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Executive Summary

Hungary’s recent history of slashing pharmaceutical prices, restricting reimbursement and squeezing manufacturers has made the market an increasingly unattractive proposition for multinational pharmaceutical companies. Following consistent market growth up to 2006, restrictive regulatory modifications have reduced market spending in the last two years. Over the next five years BMI forecasts the compound annual growth rate (CAGR) for Hungarian drug expenditure will be -0.23%, with spending restrictions weighted towards the front end of the forecast period.

Limited optimism for market growth is one of the key reasons for Hungary’s slip to 10th position in BMI’s Pharmaceuticals & Healthcare Business Environment Rankings for Q209. Despite a reasonable absolute size, the country has a negative outlook for growth, combined with a constrictive regulatory environment – including the ‘claw-back’ and medical representative taxes – and below average country risk scores.

Hungary’s pharmaceutical budget is set to face further downward pressure in 2009 as a result of the worst recession since the country’s 1991 transition to market capitalism. In Q109 the government announced that healthcare spending would be cut by HUF30bn (US$135mn), with half the savings coming from the National Health Insurance Fund (OEP)’s drug subsidies budget. In addition price increases – as a result of a weakened forint – are expected in April 2009. BMI believes the cuts will not only burden pharmaceutical companies but provide further impetus for them to reduce their presence in Hungary.

Negative currency fluctuations have also impacted manufacturers, who have called for price adjustments during Q209. In 2008 786 drugs were reduced by an average of 15%. Despite a further 4% reduction for 355 drugs in January 2009, increases across 2009 may be inevitable as a response to the devalued forint.

Domestic manufacturers Gedeon Richter and Egis have demonstrated the ongoing struggles for pharmaceutical companies over the last year. Recent financial results show domestic sales contraction, while the current economic downturn has compounded issues. Richter has announced it will not publish forecasts for 2009 due to the volatile economic environment. The CEO, Erik Bogsch, stated that while the company’s Q408 results do not reflect the ongoing crisis, 2009 will prove to be a difficult year for the pharmaceutical sector. Both companies continue to look to foreign markets as the prime opportunity for growth.

Hungary Pharmaceuticals & Healthcare Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Read about our other Pharmaceuticals & Healthcare Reports

Africa

Algeria, Egypt, Kenya, Morocco, Nigeria, South Africa and Zimbabwe

Asia

Australia, Bangladesh, China, Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam

Caribbean

Puerto Rico

Europe

Belarus, Belgium, Bulgaria, Croatia, Czech Republic, Estonia, France, Germany, Greece, Italy, Kazakhstan, Latvia, Lithuania, Moldova, Netherlands, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Slovenia, Spain, Switzerland, Ukraine, United Kingdom and Uzbekistan

Latin America

Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela

Middle East

Bahrain, Iran, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey and United Arab Emirates

North America

Canada and United States
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