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…

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…

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…

In 2020, Latin America ranked fourth globally in terms of production output of pharmaceuticals and medical equipment, with a turnover of USD107 billion. Following a contraction in 2020, due to the COVID-19 pandemic, the industry is set to return to…

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…

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…

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…

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…