United Arab Emirates medicine database

Pharma14 is glad to announce the addition of the United Arab Emirates to its global medicine database. 
The United Arab Emirates pharmaceutical market, is currently valued at $2.7 billion.
This figure represents 16.3% of the national healthcare budget.
Patented pharmaceutical spending represents 67.2% of total medicines sold while generics and OTC products are standing at 18.4% and 14.4% respectively.
Rx medicines account for 85.6% of the total pharmaceutical market.
 
The U.A.E. healthcare market is quickly growing. In 2017, healthcare expenditures in the U.A.E. reached $17 billion and are expected to rise to $21.3 billion by 2021.
Overall healthcare spending is projected to account for 4.6% of a country’s GDP by 2026 from 4.2% in 2016

 

united arab emirates medicine data



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