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Effective Regulations to Boost Generics in South Africa

Nov 09, 2016

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The generic medicine market has shown a tremendous growth in the last few years. With the country plagued with deadliest diseases such as HIV, Tuberculosis etc., generic medicine has become an integral part of South African pharmaceutical market. With the government’s drive to provide quality healthcare to every individual, the market has ample scope for generic medicine producing pharmaceutical companies. Driven by the above factors, South Africa Generics Market is slated to grow at a CAGR of around 12% during the forecast period of 2016-2022.
 
According to our latest research study, “South Africa Generics Medicine Market Outlook 2022”, the South Africa health regulatory authority has undergone major changes by replacing the old ways of working. In a bid to keep up with the current workflow, they have established the South African Health Products Regulatory Authority (SAHPRA), which is scheduled to be implemented soon. The updated system will replace the old ones, and it will become a tremendous boost to the way the healthcare system functions in the country, equipping the system to utilise its resources in an efficient way.
 
Research Analysis & Highlights
 
The report “South Africa Generics Medicine Market Outlook 2022”, by RNCOS spread over 45 pages provides an in-depth research and rational analysis of the current status and future growth prospects of the generic medicines in South Africa. Our research gives an overview of the healthcare market, with a detailed analysis of the pharmaceutical market, through its market segmentation and discusses the industry scenario common to the South African market. Besides that, the report exhibits the emerging trends and drivers, which is boosting the growth of the generic medicines market in South Africa.
 
The report further provides a detailed description of the various segments, namely prescription drugs and over the counter (OTC) drugs. We have focused on the drivers and challenges which shape the market and also provide a section on regulatory environment governing the generic medicine segment. Additionally, the report covers the key players section which gives a proper understanding to our customers about the existing competition in the generics medicine market prevalent in South Africa. As a whole, the report represents a comprehensive outlook of the sector’s past, present, and future scenario.
 
Some of the report’s key highlights include:
 
  • Demand for HIV Generic Drug Persists
  • Lifestyle Diseases on a Rise
  • New Regulatory System in Motion
 
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM869.htm
 
Check Related REPORTS on: http://www.rncos.com/Healthcare_Industry.htm


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