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Follow on Google News | New Market Research Report: Spain Pharmaceuticals & Healthcare Report Q4 2010New Healthcare market report from Business Monitor International: "Spain Pharmaceuticals & Healthcare Report Q4 2010"
In BMI's Q410 BERs, Spain continued to fall down the matrix - it is now ninth of the 10 countries surveyed. While Spain offers positives such as its large drug market, its downfalls are low population growth, cumbersome bureaucracy, provincial differences regarding drug regulation and reimbursement, and modest forecast market expansion, largely as a result of cost-containment measures. Globally, Spain is ranked 20th, having previously been 16th. In fact, it is BMI's view that the Spanish pharmaceutical market will decline in value in 2010, with drug sales expected to reach a value of EUR16.09bn (US$20.75bn) The Spanish government's efforts to contain expenditure on pharmaceuticals already seem to be paying off. In line with BMI's June forecasts, data released by the country's ministry of health in late July shows that public expenditure on prescription medicines in June 2010 declined by 6.2% compared with the previous June. This was attributed to the 7.5% discount on medicines implemented the same month. For more information or to purchase this report, go to: - http://www.fastmr.com/ About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. # # # Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. End
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