Pharmaceuticals and Medical Equipment

In 2020, the COVID-19 pandemic hit India hard, significantly increasing demand for related medical equipment and medicines, and causing shortages of medical staff and hospital beds. Even though state spending on health-related goods increased ...

The Russian industry of pharmaceuticals and medical equipment saw moderate growth in 2020, facilitated by increasing state financing and growing demand for essential medicines. Antiviral drugs, immunostimulators, antiseptics and personal hygiene ...

Brazil’s pharmaceutical and medical device industry grew slightly in 2020, as the population’s access to medical services and products continued to increase from a relatively low base. Furthermore, the Brazilian population continues to age and ...

Canadian producers of pharmaceuticals and medical equipment registered a turnover contraction in 2020, compared to 2019, benefiting from inflated state allocations, yet limited by the disrupted production processes, subdued demand for medicinal goods...

The healthcare sector in the UK is predicted to see a rise in government funding over the upcoming years, which will help to increase purchases from the pharmaceuticals and medical devices industry. In July 2018, a new 5-year deal was approved, with ...

The Chinese pharmaceuticals and medical equipment market maintained an impressive growth rate in 2019. Due to the wide reach of the national bulk buying programme, domestic players managed to overcome foreign competitors and secure ground-breaking ...

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In 2019, Asia Pacific was the largest producer of pharmaceuticals and medical equipment, with a turnover value of USD770.5 billion. On account of the COVID-19 pandemic, short-term revenue contraction is set to occur. Yet, production is anticipated to...

Growth in the pharmaceuticals and medical devices industry slowed in 2019, due to sluggish demand from the government and the main B2B buyer – the healthcare services industry. Over 2019, despite increased government funding allocations, the health ...

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Limited by decreasing state allocations and extensive regulation, the pharmaceuticals and medical devices industry in Germany grew only marginally in 2019, after pronounced expansion in 2018. The largest tax cuts in more than 10 years started to take...

French pharmaceuticals and medical equipment companies saw their turnover growth accelerate in 2019, due to greater demand from the government and the healthcare and social services industry. The introduction of the French Universal Disease ...

After significant expansion in 2018, the Spanish pharmaceuticals and medical equipment industry saw turnover growth slow in 2019. Public funding for the health sector rose in 2019, and accounted for a third of the country’s total budget, according to...

The Coronavirus (COVID-19) outbreak significantly disrupted manufacturing and service sectors as well as the global transportation system. This briefing examines how manufacturing, services and transportation industries are impacted by the ...

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