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

The Philippines Pharmaceuticals and Healthcare Report

Independent 5-year pharmaceutical and healthcare industry forecasts for the Philippines .

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

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

The Philippines 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 Philippines Pharmaceuticals and Healthcare Report provides industry professionals, market investors and corporate and financial services analysts with independent forecasts and competitive intelligence on the Philippine 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.

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

Chapter - Executive Summary

SWOT Analysis
Philippines Pharmaceutical And Healthcare Industry SWOT
Philippines Political SWOT
Philippines Economic SWOT
Philippines Business Environment SWOT

Chapter - Pharmaceutical Business Environment Ranking

Table: Asia Pacific Pharmaceutical Business Environment Ratings For Q209
Limits of Potential Returns
Risks to Realisation of Returns
The Philippines – Market Summary

Chapter - Regulatory Regime

Table: History Of Bureau Of Food And Drugs (BFAD)
Recent Regulatory Developments
Intellectual Property Regime
IP Shortcomings
IP Disputes
Counterfeit Drugs
Pricing And Reimbursement Regime
Recent Pricing And Reimbursement Developments
Parallel Trade
International Co-operation

Chapter - Industry Trends and Developments

Epidemiology
Table: Top 10 Causes Of Mortality In The Philippines
Communicable Diseases
Healthcare Sector
Healthcare Sector Financing
Corruption
Medical Tourism
Pharmaceutical Industry
Table: Top 20 Leading Pharmaceutical Companies In The Philippines (PHPbn)
Table: Comparative Growth Trend Of Foreign & Local Companies In The Philippines 2003-2007 (PHPbn)
Table: Number Of Foreign & Local Companies Established From 2003 To 2007
Domestic Industry
Foreign Companies
Biotechnology
Recent Biotechnology Developments
Traditional Medicines
Pharmaceutical Retail
Table: A Selection Of Members From The Drug Stores Association Of The Philippines (DSAP)
Table: Spread Of Drugstore Outlets In The Philippines As % Of Total, By Region
Recent Developments In Pharmaceutical Retail
Medical Devices

Chapter - Industry Forecast Scenario

Overall Market Forecast
Table: Philippines – Drug Expenditure Indicators, Historical Data And Forecasts
Key Growth Factors – Industry
Table: Philippines – Health Expenditure Indicators, Historical Data and Forecasts
Key Growth Factors – Macroeconomic Chapter -
Q308 Acceleration Does Not Alter Downbeat View
Table: Philippines – Economic Activity
Prescription Market Forecast
Table: Top 10 Prescription Brands In The Philippines (MAT September 2007, PHPbn)
Table: Top 20 Therapeutic Categories In The Philippines (MAT September 2007, PHPbn)
Table: Philippines – Prescription Market Indicators, Historical Data and Forecasts (PHPmn unless otherwise stated)
Patented Market Forecast
Table: Philippines – Patented Drugs Market Indicators, Historical Data and Forecasts
Generics Market Forecast
Table: Philippines – Generics Market Indicators, Historical Data and Forecasts
OTC Market Forecast
OTC Market Forecast
Table: Top 10 OTC Brands In The Philippines (MAT September 2007, PHPbn)
Table: Philippines – OTC Drugs Market Indicators, Historical Data and Forecasts (PHPmn unless otherwise stated)
Export/Import Forecasts
Table: Philippines – Pharmaceuticals Trade Indicators, Historical Data And Forecasts (US$mn)
Medical Devices Forecasts
Table: Philippines Medical Device Market Indicators, Historical Data And Forecasts (US$mn unless otherwise stated)
Other Healthcare Data Forecasts
Table: Philippines – Other Health Indicators, Historical Data And Forecasts
Key Risks To BMI's Forecast Scenario

Chapter - Competitive Landscape

Company Monitor
Leading Multinational Manufacturers
GlaxoSmithKline Philippines
Pfizer
Novartis
Merck & Co
Sanofi-Aventis
Abbott Laboratories
Bristol-Myers Squibb
Wyeth
Eli Lilly
AstraZeneca
Indigenous Manufacturers
Unilab
Pascual Laboratories
Pacific Pharma Generics
MediChem Pharmaceuticals

Chapter - Country Snapshot: Philippines 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, 2007-2012 (US$)
Table: Average Annual Manufacturing Wages, 2004-2006

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

The Philippines continued to be ranked as the 11th most attractive pharmaceutical market in the Asia Pacific region, according to BMI’s Business Environment Rankings for Q209. Nevertheless, BMI expects the country to somewhat improve this position over the next five-year period as the market matures, with more of the population being able to afford healthcare. Currently valued at PHP111.6bn (US$2.51bn), the size of the country’s pharmaceutical market is average in global terms, despite the country’s 85mn population. The recently approved Universally Accessible Cheaper and Quality Medicines Act of 2008 will result in lower prices but increased consumption, as those on the lowest incomes will be able to afford some pharmaceuticals for the first time.

Nevertheless, the expected year-on-year (y-o-y) growth over the next five years – at a compound annual growth rate (CAGR) of 8.2% in local currency terms – is also encouraging, given the current economic climate. By 2013, the market is expected to be worth PHP165.4bn (US$3.91bn), although the development of the patented drugs sector will continue to be discouraged by counterfeiting activities and certain shortcomings of the country’s regulatory and intellectual property (IP) environment. On the other hand, recent (as well as likely future) price reductions – part of the Universally Accessible Cheaper and Quality Medicines Act of 2008 – have the potential to hamper overall market development.

Nevertheless, the past few months have witnessed a number of activities by foreign drug makers. One of the most notable developments was the February 2009 announcement by new Chief Executive Officer (CEO) of Novartis Healthcare Philippines that the Philippines was among the 'next wave' of pharmaceutical markets in Asia and that the company is increasing its generics presence in the country. Simultaneously, the firm will leverage its higher margin patented drugs, supported by the high number of product approvals. Novartis Healthcare Philippines is also due to open its research centre in the capital city of Manila in June 2009, while also launching a discount card scheme for those with hypertension in March 2009.

In terms of the wider operating environment and in contrast to Thailand, for example, the economy of the Philippines, and by extension its healthcare sector, has the necessary fundamentals to resist the current global crisis. The country is translating this economic buoyancy into enlightened social schemes, such as the PHP100 (US$2.13) treatment pack project. Under the populist venture, patients on low incomes will be able to purchase 24 types of medicines at affordable prices, encompassing a full range of products from chronic disease therapeutics, such as antihypertensives, to acute interventions, such as antibiotics. This will be supported by the expected GDP expansion of 2.8% in 2009, driven by the business process outsourcing and agricultural sectors. Our forecast is worth highlighting given that – for many years – the country was seen as the 'sick man' of Asia due its slow economic growth. The Philippines currently spends 3.4% of GDP on health but we expect this figure to increase to 3.65% by 2013.

Philippines 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, Singapore, South Korea, Taiwan, Thailand and Vietnam

Caribbean

Puerto Rico

Europe

Belarus, Belgium, Bulgaria, Croatia, Czech Republic, Estonia, France, Germany, Greece, Hungary, 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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