Nevertheless, due to currently low purchasing power, generic drugs comprise the majority of Tanzania’s pharmaceuticals market. We also do not expect Tanzania’s reliance on imported drugs to decrease in the short term, even though the government has been encouraging the production of drugs locally.
Headline Expenditure Projections
Pharmaceuticals: TZS693.94bn (USD429mn) in 2013 to an expected TZS806.32bn (USD498mn) in 2014; +16.2% growth in local currency terms and +16.1% in US dollar terms.
Healthcare: TZS 4,120bn (USD2.55bn) in 2013 to TZ 5,130bn (USD3.17bn) in 2014; 24.5% growth in local currency terms and 24.4% in US dollar terms.
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Table Of Contents
Researcher Industry View 7
SWOT 10
Political 11
Economic 12
Business Environment 14
Industry Forecast 15
Pharmaceutical Market Forecast 15
Table: Pharmaceutical Sales, Historical Data And Forecasts (Tanzania 2010-2018) 17
Healthcare Market Forecast 18
Table: Healthcare Expenditure Trends, Historical Data And Forecasts (Tanzania 2010-2018) 20
Table: Government Healthcare Expenditure Trends, Historical Data And Forecasts (Tanzania 2010-2018) 20
Table: Private Healthcare