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By 2012, The Value of Vietnam's Pharmaceutical Market Will Have Reached US$1.85bn, or 1.05% Of GDP.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/24db21/vietnam_pharmaceut) has announced the addition of the "Vietnam Pharmaceuticals and Healthcare Report Q2 2008" report to their offering.

The Vietnam Pharmaceuticals and Healthcare Report provides independent forecasts and competitive intelligence on Vietnams pharmaceuticals and healthcare industry.

The most attractive feature of Vietnam's US$1.15bn pharmaceutical market is the double-digit growth that is expected over the next five years. This increase in sales will be driven predominantly by more people on low incomes accessing greater units of higher-value medicines. Inflationary pressures will also push prices up, but we are expecting a tighter regulation in the near future to maintain market equilibrium. By 2012, the value of the country's pharmaceutical market will have reached US$1.85bn, or 1.05% of GDP GDP (guanosine diphosphate): see guanine. .

A year after WTO See World Trade Organization.  accession, the number of foreign pharmaceutical firms now operating in Vietnam has increased sharply. However, the local pharmaceutical sector is still dependant on Adj. 1. dependant on - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress"
contingent on, contingent upon, dependant upon, dependent on, dependent upon, depending on, contingent
 imported materials despite expansive growth. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the Head of the Vietnam Pharmaceutical Management Bureau, the number of foreign firms rose by 58 during 2007, bringing the total number to 370.

Vietnam needs to increase healthcare spending significantly and improve the distribution of funds to reduce inequalities among its population, according to a panel of stakeholders that includes UN representatives. Allocation of 10% of the government budget to health by 2010 was suggested; however, Vietnam's Ministry of Health has said that this target is not feasible and that 10% by 2015 is more realistic.

Asthma is under-diagnosed and an increasing burden in Vietnam, according to a recent study. Greater awareness of the respiratory disease Noun 1. respiratory disease - a disease affecting the respiratory system
respiratory disorder, respiratory illness

adult respiratory distress syndrome, ARDS, wet lung, white lung - acute lung injury characterized by coughing and rales; inflammation of the
 will result in fewer hospital admissions and greater use of preventative agents such as inhaled corticosteroids Corticosteroids, Inhaled Definition

Inhaled corticosteroids are glucocorticoids (a class of steroid hormones that are synthesized by the adrenal cortex and have anti-inflammatory activity) formulated to be used in the respiratory tract and lungs.
. BMI BMI body mass index.

BMI
abbr.
body mass index


Body mass index (BMI)
A measurement that has replaced weight as the preferred determinant of obesity.
 believes that this presents an opportunity for pharmaceutical companies and medical device manufacturers in this field.

Vietnam's pharmacy sector is a shambles. Patients can get most drugs without a prescription, there are insufficient pharmacists, counterfeits are not uncommon and many doctors still illegally disburse dis·burse  
tr.v. dis·bursed, dis·burs·ing, dis·burs·es
To pay out, as from a fund; expend. See Synonyms at spend.



[Obsolete French desbourser, from Old French desborser
 medicines from their private offices. Regulators hope that the implementation of Good Pharmacy Practice Pharmacy practice is the discipline of pharmacy which involves developing the professional roles of pharmacists.

Areas of pharmacy practice include:
  • Disease-state management
 (GPP GPP Government Performance Project
GPP General Purpose Processor
GPP General Physical Preparedness
GPP Gambian People's Party
GPP Good Pharmacy Practice
GPP Gross Primary Productivity
GPP Green Procurement Program
GPP Generic Packetized Protocol
) in 2011 will solve these problems, but numerous challenges must be addressed first.

Key Topics Covered:

Executive Summary

Vietnam Pharmaceutical and Healthcare Industry SWOT

Vietnam Political SWOT

Vietnam Economics SWOT

Vietnam Business Environment SWOT

Vietnam - Business Environment Rankings

Table: Pharmaceutical Business Environment Ratings

Limits Of Potential Returns

Risks To Realisation Of Returns

Market Summary Regulatory Regime

Pharmaceutical Advertising

Intellectual Property Environment

IP Shortcomings A shortcoming is a character flaw.

Shortcomings may also be:
  • Shortcomings (SATC episode), an episode of the television series Sex and the City
 

Counterfeit Drugs

Other Regulatory Issues

Pricing And Reimbursement Regime

Industry Trends And Developments

Healthcare Sector

Healthcare Insurance

Healthcare And Pharmaceutical Reforms

Epidemiology

Foreign Partnerships

Domestic Pharmaceutical Sector

Retail Sector

Foreign Pharmaceutical Sector

Traditional Medicines

Research and Development

Vaccine Sector

Biotechnology Sector

Medical Device Sector

Table: Vietnam's Medical Device Market Data And Forecasts (US$mn unless otherwise stated)

Industry Forecast Scene

Overall Market Forecast

Table: Drug Expenditure Data And Forecasts, 2006-2012

Key Growth Factors - Industry

Table: Vietnam's Health Expenditure Data And Forecast, 2006-2012

Key Growth Factors - Macroeconomic mac·ro·ec·o·nom·ics  
n. (used with a sing. verb)
The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors.
 6

Table: Vietnam - Economic Activity

Prescription Market Forecast

Table: Vietnam's Prescription Drugs Market Data And Forecasts (US$mn unless otherwise stated)

OTC Market Noun 1. OTC market - a stock exchange where securities transactions are made via telephone and computer rather than on the floor of an exchange
over-the-counter market
 Forecast

Table: OTC Market Data Forecasts (US$mn unless otherwise stated)

Generic And Patented Market Forecasts

Table: Vietnam's Generics And Patented Market Data And Forecasts, 2006-2012

Export/Import Forecasts

Table: Vietnam's Pharmaceutical Trade Data And Forecasts (US$mn)

Other Healthcare Data Forecasts

Table: Other Health Indicators

Key Risks To our Forecast Scenario

Competitive Landscape

Company Profiles

Leading Multinational Manufacturers

- Pfizer

- GlaxoSmithKline

- Sanofi-Aventis

- Novartis

- Merck & Co

Indigenous Manufacturer Profiles

- Vietnam Pharmaceutical Corporation (Vinapharm)

- Vietnam OPV OPV poliovirus vaccine live oral.

OPV
abbr.
oral poliovirus vaccine
 Pharmaceutical Co

- Stada Vietnam

- Vidipha Central Pharmaceutical Joint Stock Company

BMI Forecast Modelling

How We Generate Our Industry Forecasts

Pharmaceutical Industry

Pharmaceutical Business Environment Ratings Methodology

Ratings Overview

Table: Pharmaceutical Business Environment Indicators

Weighting

Table: Weighting Of Components

Sources

For more information visit http://www.researchandmarkets.com/research/24db21/vietnam_pharmaceut.
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