in 2014, market size was 1.46 b us$ per capita consumption ~ 9.40 us$ pharmaceuticals sector of...
TRANSCRIPT
• In 2014, market size was 1.46 B US$
• Per Capita consumption ~ 9.40 US$
Pharmaceuticals Sector of Bangladesh
DCCI meeting on "Bangladesh 2030 : Next Billion Dollar Opportunities"
797932
1135 11751271
1461
0
200
400
600
800
1000
1200
1400
1600
2009 2010 2011 2012 2013 2014
(17%)(24%)
(24%)(11.9%)
(8.12%)
Growth pattern (in Million US$)
Pharmaceutical Sector
(12.13%)
DCCI meeting on "Bangladesh 2030 : Next Billion Dollar Opportunities"
Market doubled in about 5 years
Market Projection
• 2015 : 1.68 B US$
• 2020 : 3.36 B US$
• 2030 : About 14 B US$
DCCI meeting on "Bangladesh 2030 : Next Billion Dollar Opportunities"
• Local Production : 97%
• Import : 3%
3%
97%
Local Production vs. Import
Ref: Directorate General of Drugs Administration , Bangladesh
DCCI meeting on "Bangladesh 2030 : Next Billion Dollar Opportunities"
Bangladesh is almost self-sufficient,
many of our neighbors import significant
part of their requirement.
• Singapore 80%
• Philippines 65%
• Thailand 35%
• Pakistan 30%
DCCI meeting on "Bangladesh 2030 : Next Billion Dollar Opportunities"
Pharmaceutical SectorBangladesh is capable to produce almost all types of dosage form like -
• Tablet, • Capsule, • Liquid preparations, • Dry suspension, • Injections, • Ointment/cream, • Nasal spray, • Granules in sachets,
DCCI meeting on "Bangladesh 2030 : Next Billion Dollar Opportunities"
Pharmaceutical Sector
• Lyophilized vials,
• Eye drops,
• Meter Dose Inhalers,
• Large volume
parenterals,
• Pre-filled syringes
etc.
Also, very high tech products like vaccine and Bio-similars, anti-cancer products are now produced locally.
DCCI meeting on "Bangladesh 2030 : Next Billion Dollar Opportunities"
Export volume and destination
• Pharmaceuticals Export : $ 59.17 Million
July – April (2014-2015)
• Expected yearly export : $ 71.00 Million
(2014-2015)
Source: EPB
DCCI meeting on "Bangladesh 2030 : Next Billion Dollar Opportunities"
Export from Bangladesh88 countries -
Asia incl. Middle East & Pacific Island Mayanmar Pakistan Hong Kong
Singapore Vietnam Philippine
Sri Lanka Cambodia Nepal
Indonesia Malaysia UAE
Jordan Yemen Papua Newguinea
Fiji Saudi Arabia Solomon Island
Tajikistan Thailand Afghanistan
Bhutan India Japan
Korea Macau Mongolia
Samoa Guam Tonga
Kiribati Azerbaijan Maldives
Africa
South Africa Kenya Ghana Mauritius
Somalia Togo Gambia Nigeria
Ethiopia Sudan Barkinafaso Tanzania
Botswana Egypt Libya Morocco
Seychelles Tunisia Swaziland Chad
Liberia
Latin & Central America
Brazil Venezuela Belize
Nicaragua HondurasGuatemala
Mexico ColombiaGuyana
Chile Costa RicaPanama
Republica Dominica
Europe
UK SpainSwitzerland
Ukraine Turkey Denmark
Belgium Slovenia Austria
Germany ItalyNetherland
Poland Portugal Armenia
Russia Hungary
Ref: DGDA
Australia & New ZealandAustralia & New Zealand
USAUSA
A viable local market
Human Resources
Factors for Pharma sector development
• Pharmacists - (1500)
• Chemists - (3000)
• Microbiologists - (200)
• Doctors - (5000)
• Engineers - (5000)
DCCI meeting on "Bangladesh 2030 : Next Billion Dollar Opportunities"
Bangladesh is in the middle of regions with population of 2.2 Billion and Billions of USD market. Just imagine the possibilities.
Regional Opportunity
Why Bangladesh?
• Local market opportunity
• In the middle of a vibrant emerging market
• Highly skilled Human Resource
• API industrial park
• Future medicines (50%) are likely to be biologicals
• India +1 country for supply of generics at competitive prices
DCCI meeting on "Bangladesh 2030 : Next Billion Dollar Opportunities"