"South Africa Pharmaceuticals & Healthcare Report Q1 2014" Now Available at Fast Market Research
BMI View: A deteriorating macroeconomic outlook for the country in 2013 and 2014 will see the consumption of medicines and healthcare services slow in the short-term. Additionally, ongoing depreciation of the South African Rand against hard currencies will have a negative impact on the volume of medicines in circulation. Nevertheless, we believe favourable demographics and the large market size will continue to attract foreign drugmakers in the medium to long term.
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