Pharmaceuticals and Medical Equipment

The United States-Mexico-Canada Agreement (USMCA) is the new trade agreement between the US, Mexico and Canada. The new trade deal is expected to supersede the North American Free Trade Agreement (NAFTA). This briefing analyses USMCA’s impact on the ...

Digital Twin is part of Industry 4.0 and the Internet of Things ecosystem. Digital Twin is a digital replica of every physical asset involved in the manufacturing process. This can include physical machinery and production components, as well as ...

In an effort to constrain the steady rise in healthcare expenses due to the increasing burden on state finances, Japan’s government decided to reduce drug prices covered by public health insurance by nearly 1.5% in April 2018. The measure, which also...

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The Kingdom’s pharmaceuticals and medical equipment industry continued growing during 2018, despite changing regulations and intensified competition. Growth was fuelled by enhanced production localisation and rising sales within the domestic market ...

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The revenue of the Turkish pharmaceuticals and medical equipment industry increased in 2018, driven partly by accelerating export growth. The industry maintains trade relationships with 161 countries, and pharmaceutical producers saw a significant ...

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South Korea’s pharmaceutical and medical device companies registered solid revenue growth in 2018. The gains in both the export and domestic markets were mainly facilitated by the continuous expansion of the country’s biologic and biosimilar ...

Growth in Australia’s pharmaceutical and medical device manufacturers’ revenues accelerated in 2018, primarily on the back of surging exports, especially to China and the US. Companies’ sales to the US market were mainly driven by the country’s ...

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Following a slower year, the industry returned to stronger growth in 2018, facilitated by soaring drug and medical equipment exports, especially to the USA. Although the environment was challenging within the US market in light of intensifying ...

The revenue of the Indonesian pharmaceuticals and medical equipment industry continued to expand in 2018, albeit at a more moderate pace in comparison with the previous year. Growth was fuelled by the on-going roll-out of the country’s universal ...

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