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Market Pulse

Market Pulse February 2016

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Published On:
02-24-2016

Description

According to Statista, it is estimated that until 2020 the pharmaceutical market will increase to around 1.4 trillion U.S. dollars while in 2010, total spending on medicine was 887 billion U.S. dollars. In Bangladesh, the top 10 manufacturers produced pharmaceuticals worth as much as 1.15 billion U.S. dollars during 2015. After RMG, the pharmaceutical industry of Bangladesh is considered to be the most potential sector for earning export revenues following the approvals of Bangladeshi pharmaceutical products and companies by a number of developed countries. Companies are investing more money and setting up new hightech equipment to expand their businesses and exports.