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

The Serbia Pharmaceuticals and Healthcare Report

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

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

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

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

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

Chapter - Executive Summary

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

Chapter - Pharmaceutical Business Environment Ratings

Table: Regional Pharma Business Environment Ratings

Chapter - Serbia - Market Summary

Regulatory Regime
Intellectual Property Environment
IP Disputes
Pricing Regime
Reimbursement Regime
Table Serbia - Examples of Reimbursed Medicines by Category
Price Cuts
Price Rises

Chapter - Industry Trends and Developments

Epidemiology
Table: Top 10 Causes Of Death In Serbia And Montenegro
Healthcare Sector
Table Serbia – Major General And Specialised Hospitals
Healthcare Insurance
Healthcare Reform
Medical Tourism
Table: Cosmetic Surgery Costs
Pharmaceutical Sector
Domestic Pharmaceutical Industry
Domestic Company Activity
Foreign Pharmaceutical Industry
Foreign Company Activity
Table: Proposed Members Of Serbia's Pharmaceutical Industry Association
Stada Sales vs Generic Market Growth
Pharmaceutical Wholesale And Retail
Clinical Trials
Table: Number Of Ongoing Clinical Trials In Serbia
Medical Devices
Medical Device Classification In Serbia

Chapter - Industry Forecast Scenario

Overall Market Forecast
Table: Serbia -–Drug Expenditure Indicators, Historical Data and Forecasts
Key Growth Factors – Industry
Table: Serbia – Health Expenditure Indicators, Historical Data And Forecasts
Key Growth Factors – Macroeconomic
Table: Serbia - Economic Activity

Chapter - Prescription Market Forecast

Table: Serbia – Prescription Market Indicators, Historical Data And Forecasts (RSDmn unless otherwise stated)
Patented Market Forecast
Table: Serbia – Patented Market Indicators, Historical Data And Forecasts
Generics Market Forecast
Table: Serbia – Generics Market Indicators, Historical Data And Forecasts
OTC Market Forecast
Table Serbia – Sales Of Herbal Remedies 2007
Table Serbia – Sales Of Homeopathic Remedies 2007
Table: Serbia – OTC Market Indicators, Historical Data And Forecasts (RSDmn unless otherwise stated)
Export/Import Forecasts
Table: Serbia – Pharmaceutical Trade Indicators, Historical Data And Forecasts (US$mn unless otherwise stated)
Medical Devices Forecasts
Table: Serbia - Medical Device Market, Historical Data and Forecasts (US$mn unless otherwise stated)
Other Healthcare Data Forecasts
Table: Serbia – Other Healthcare Indicators, Historical Data And Forecasts
Key Risks to BMI's Forecast Scenario

Chapter - Competitive Landscape

Table: Companies Involved In The Serbian Pharmaceutical Industry
Table: Serbia – Pharmaceutical Product Sales By Therapeutic Category (2007)
Table Serbia – Defined Daily Dose (DDD) Per 1,000 Inhabitants

Chapter - Company Monitor

Multinational Company Profiles
Pfizer
GlaxoSmithKline
Novartis
Sanofi-Aventis
Merck & Co
Indigenous Company Profiles
Hemofarm (Stada)
Galenika
Zdravlje Actavis
Jugoremedija

Chapter - Country Snapshot: Serbia Demographic Data

Section 1: Population
Table: Demographic Indicators, 2005-2030
Table: Rural/Urban Breakdown, 2005-2030
Section 2: Education And Healthcare
Table: Education, 2000/01
Table: Vital Statistics, 2005-2030
Section 3: Labour Market And Spending Power
Table: Employment Indicators, 2001-2006
Table: Average Annual Manufacturing 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
Sources
Serbia Pharmaceuticals & Healthcare Report
Was: $1030.00
Now: $875.00
You save: $155.00 (15%)
Executive Summary

In the BMI Business Environment Rating matrix for Q209, Serbia is found in a much improved 14th position, out of the 20 key markets surveyed in the Central and Eastern Europe (CEE) region. The value of the Serbian pharmaceutical market was estimated at US$1.17bn in 2008, with the figure likely to top US$1.52bn by the end of 2013, increasing by a compound annual growth rate (CAGR) of 8.36% in local currency terms. Generics represent almost a third of the market by value, with their further development to be stimulated by low incomes, strong domestic industry, and the lack of state financing for widerranging reimbursement coverage. While small by global standards, the key draws of the Serbian market include its advantageous geographical position, a largely untapped pharmaceutical market, and the low cost of skilled labour. The recent Good Manufacturing Practice (GMP) accredition of Zdravlje Actavis’ local production facilities, as well as Hemofarm’s new status as the first Serbian company to export medicines to the US, illustrates the pace of the market development. However, Serbia will continue to be a challenging market for foreign investors because of the prevalence of corruption, a large-scale blackmarket economy, and the poor state of the country's infrastructure.

Nevertheless, Serbia has actively been creating a business-friendly environment and a modern market economy, which has led to a spate of foreign direct investment (FDI) in the country’s pharmaceutical industry. An 80% stake in Galenika and a 70% stake in the Mataruska and Bogutovacka spa resorts is presently up for sale. The government has passed several important laws aimed at developing a more favourable environment for foreign investments, and at harmonising Serbian legislation with that of the European Union (EU) and its economic policies. Core measures include legislation regulating companies, bankruptcy procedures, financial markets, securities, and transfer of capital. The tax regime for foreign investors is an additional stimulus. While net FDI inflows are relatively low in comparison to the rest of the region, we anticipate that these will pick up as: the government commits to stimulating foreign investments; further adherence towards EU norms occurs; and the privatisation process picks up speed.

In the meantime, despite the positive developments just mentioned, Serbian pharmaceutical manufacturers are facing challenging times, as indicated by depreciation of local tender and an 8.9% contraction in the country’s industrial output (recorded in December 2008 by the National Statistics Office). The ‘manufacturing’ component of output, which comprises some 75.8% of the total, fell by 9.4% year-on-year (y-o-y). We are projecting it to average -6% in 2009, based on our negative outlook for Serbia's key trade partners, namely the eurozone and the members of the Central European Free Trade Agreement (CEFTA) – which accounted for 33% of total Serbian exports in January-November 2008. Lastly, falling soft commodity and energy prices globally will also have a negative impact on both Serbian industrial production volumes and indices over the forecast period, with BMI forecasting a 3.4% GDP growth in 2009, down from the 6.3% predicted previously.

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

Africa

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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, Hungary, Italy, Kazakhstan, Latvia, Lithuania, Moldova, Netherlands, Poland, Portugal, Romania, Russia, 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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