Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Companies / Canada

BMI Sees Solid Market Growth Ahead

November 2006 | Five Year Forecasts
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Growth in the pharmaceuticals market in Canada should continue to be steady in the short term, at about 8% per annum in local currency terms, with moderation of expansion expected in the medium term. Pharmaceutical expenditure as a percentage of healthcare spending is widely forecast to continue rising in the near future, with the growth rate of the former sector exceeding that of the latter.