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by Gearoid Cronin, Commissioning Agents International Inc. While not a large market in its own right, Singapore has the highest trade to GDP ratio in the world at 407.9%, and it is the world’s 14th largest exporter with 2010 exports totalling US$351.2 billion. Strategically located near the large population bases of South East Asia and [...]
by Gearoid Cronin, Commissioning Agents International Inc. China is the world’s most populous country with 1.34bn inhabitants, and its economic rise is well documented. With 8.7% growth in 2011 coming after a sustained growth that has seen GDP rise seventeen-fold in 20 years, China is now the world’s second largest economy. It is still a [...]
by Maurice Parlane, New Wayz Consulting New Zealand’s pharmaceutical market is currently worth US$379m and growth in public healthcare sits at a little over 9% of GDP, though the rate of growth has slowed considerably in recent years. While the market growth for medicinal products is relatively modest, the human therapeutics sector is growing and [...]
Pharmaceutical, Medical Device and Biotech Report 2011 was not an easy year for the global economy, and it presented many challenges for the life sciences industry. Slower than expected recovery in the US economy coupled with the unfolding of the financial crisis in the Eurozone has significantly impacted businesses worldwide, and it’s unlikely these challenges [...]
by Brad Roberts, SeerPharma In 2011 the Australian pharmaceutical industry ranked 15th largest in the world market and revenues generated were in the vicinity of $22Bn, or about 1% of the global market. The industry is Australia’s largest exporter, with approximately $4.1Bn of product shipped to over 60 markets worldwide; however we are a net [...]
by Diarmuid Sexton, Adroit People In contrast to the established markets of the US and Europe, countries within the Asia-Pacific region continue to grow rapidly as healthcare manufacturers and consumers. Asia’s growth as a manufacturing and outsourcing hub can be partially attributed to responses to pricing pressure from governments worldwide. Efforts to contain healthcare costs [...]
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