Navigation Links
Tough Recessionary Times, but Frost & Sullivan Believes It's Not All Gloomy for African Healthcare Markets
Date:4/2/2009

healthcare resources available. For some African countries, foreign aid contributes more than half of their total healthcare expenditure. With most donor countries deep in recession, it remains uncertain whether donors will be able to honour their pledged contributions.

"This uncertainty has seen the Global Fund slash its last round of grants by 10 percent in December 2008," Zingoni explains. "The Global Fund now requires recipients to scale back expenditures through procuring cheaper alternatives. Thus, in this recession, Frost & Sullivan expects generic drugs to continue to increase their market share at the expense of branded drug products."

Although most donor countries have committed to keeping their promises, and the World Bank has also promised to triple healthcare aid in 2009, it remains clear that these pledges will remain subject to the duration and depth of this crisis.

As the effect of the crisis has been particularly harsh on the mining sector, it has also impacted on medical aid schemes in Africa. These schemes cater mostly for the mining sector and are now faced with dwindling membership bases as massive layoffs occur across the region.

"In South Africa, cash-strapped members of medical schemes are also migrating from comprehensive cover to less expensive packages," Zingoni adds. "The market share of generics has also surged ahead of branded drug products, as patients seek to avoid co-payments."

However, Zingoni emphasises that, despite these challenges, there is a golden lining for the continent's healthcare sector.

"It is important to realise that the apparent lag of the impact of this crisis in Africa can be utilised to the continent's advantage," says Zingoni. "It gives countries, and companies, time to weather the storm before the global economy begins to recover."

Despite governments facing budget deficits, if they can pursu
'/>"/>

SOURCE Frost & Sullivan
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Urban Smog Tough on Young Adults Hearts
2. Dont Ignore Tough or Long-Term Stomach Pain
3. Coronary Disease Might Toughen Up Heart
4. Tea Helps Toughen Older Womens Hips
5. New Drug Promising Against Tough-to-Treat Kidney Cancer
6. Blood Pressure Tougher to Tame in Winter
7. Nicotine Plus Alcohol May Be Tough to Beat
8. FDA Mulls Tougher Warning Label on Kids Flu Drugs
9. FDA Panel Backs Tougher Warning for Tamiflu
10. FDA Panel Backs Tougher Warning on Asthma Drugs for Kids
11. Experts Agree That One Case Is Too Many; Tackle Tough Issue of Anesthesia Awareness
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/19/2014)... December 19, 2014 B. E. Smith, ... healthcare providers, has been retained to lead a national ... Hospital in Franklin, Ind. The top executive search firm ... placed more than 900 healthcare executives into organizations. ... service hospital providing care to the residents of Johnson ...
(Date:12/19/2014)... NJ (PRWEB) December 19, 2014 ... Inside Patient Care: Pharmacy & Clinics™, an independent ... healthcare team treating and caring for patients inside ... primary care expands to provide optimal access to ... offers a forum for the team treating and ...
(Date:12/19/2014)... Albuquerque, New Mexico (PRWEB) December 19, 2014 ... pain relief industry is excited to announce a new ... gauss rare earth magnets. These are the strongest neodymium ... therapy necklace. Pain Free Living developed the Superior Magnetics ... magnets. , “Pain Free Living performs magnetic therapy using ...
(Date:12/19/2014)... India (PRWEB) December 19, 2014 From November ... yoga teacher training for the year 2014 in its ... for this year. Through the Indian winters, from November to ... beside the beautiful beach of Arambol, Goa. The Goa training ... Yoga’s previous intakes of yoga teacher training, the 10th intake ...
(Date:12/19/2014)... 19, 2014 After a 13-year absence ... again returning to the stage to entertain his many ... concert performances, and the successful tour has been steadily ... , Visit Ticketability.com for a large ... shows at fair prices. , Music fans have had ...
Breaking Medicine News(10 mins):Health News:Johnson Memorial Hospital Retains B. E. Smith to Recruit New Chief Financial Officer 2Health News:Johnson Memorial Hospital Retains B. E. Smith to Recruit New Chief Financial Officer 3Health News:The Transformation of Retail Pharmacies into a Healthcare Delivery Center 2Health News:The Transformation of Retail Pharmacies into a Healthcare Delivery Center 3Health News:New Superior Magnetic Necklace Relieves Migraine Headache 2Health News:Siddhi Yoga’s 10th intake of YTT started in Goa on November 24, 2014 2Health News:Siddhi Yoga’s 10th intake of YTT started in Goa on November 24, 2014 3Health News:Garth Brooks Tickets for Joe Louis Arena: Ticketability.com Becomes a Popular Destination for Discount Tickets for Garth Brooks’ Detroit Concerts Set for February 27-28 2
... , ... study shows overall reduction in medication expenses , ... Westerville, Ohio (PRWEB) June 17, 2010 -- Progressive Medical, ... The report reveals changes in medication spending on workers’ compensation claims from 2008 to ...
... ... for Increasing the Penalties for the Illegal Employment of Children , ... Washington, D.C. (Vocus) June 17, 2010 ... announcement yesterday to raise the penalties for employers who illegally employ children., ...
... expression takes place in two stages: the transcription of DNA ... by the translation of this RNA into proteins, whose behaviour ... mechanism controlled in time and space , Transcription involves about ... reading the gene at the right place and the right ...
... ... Beach that have never been available to the public before. This availability is being offered to ... 2010. , ... This summer Golf Trek is providing "exclusive" access to the top golf courses in Myrtle Beach ...
... ... commemorate the longest day of the year – the first day of summer – ... ... can enjoy the warmth and illumination of outdoor sunshine due to work, school, or ...
... brings mental satisfaction, study finds , THURSDAY, June 17 (HealthDay ... a sense of satisfaction, and a new study suggests that ... brain is activated when people agree with our opinions. , ... scans to monitor activity in the ventral striatum area of ...
Cached Medicine News:Health News:Progressive Medical Releases 2010 Workers' Compensation Drug Spend Analysis 2Health News:Department of Labor Raises the Bar 2Health News:The 3-dimensional transcription film 2Health News:Hot Summer Golf Packages for Myrtle Beach 2Health News:Hot Summer Golf Packages for Myrtle Beach 3Health News:Celebrate the First Day of Summer on Daylight Appreciation Day, June 21 2Health News:Celebrate the First Day of Summer on Daylight Appreciation Day, June 21 3Health News:Shared Opinions Light Up Brain's 'Reward Center' 2
(Date:12/17/2014)... and SAN DIEGO , Dec. ... PHG ; AEX: PHIA) and Volcano Corporation (NASDAQ: ... measurement solutions for cardiovascular applications, today announced that they have ... Philips will commence a tender offer to acquire all of ... per share, or a total equity purchase price of USD ...
(Date:12/17/2014)... , Dec. 17, 2014  Northstar Global ... Depository Trust Company (DTC) has made their final ... Chill on the Company,s stock effective December 15, ... common stock for depository and book entry transfer ... Company is now once again fully "DTC Eligible", ...
(Date:12/17/2014)...  ImmunoCellular Therapeutics, Ltd. ("ImmunoCellular") (NYSE MKT: IMUC) ... (USPTO) has issued a key patent covering ImmunoCellular,s ... targeting six tumor antigens that are commonly expressed ... 8,871,211, which issued October 28, 2014, include methods ... cell composition comprising peptide epitopes of the six ...
Breaking Medicine Technology:Philips to acquire Volcano to expand global leadership position in image-guided therapy market 2Philips to acquire Volcano to expand global leadership position in image-guided therapy market 3Philips to acquire Volcano to expand global leadership position in image-guided therapy market 4Philips to acquire Volcano to expand global leadership position in image-guided therapy market 5Philips to acquire Volcano to expand global leadership position in image-guided therapy market 6Philips to acquire Volcano to expand global leadership position in image-guided therapy market 7Philips to acquire Volcano to expand global leadership position in image-guided therapy market 8Northstar announces that the DTC chill on MDIN has been officially lifted 2Northstar announces that the DTC chill on MDIN has been officially lifted 3ImmunoCellular Therapeutics Announces Issuance of Key Patent For ICT-107 Cancer Vaccine 2
... Calif., June 6, 2011 Silicon Maps, Inc. launched ... Sciences related companies in the East Coast regions of the ... The campaign features more than 150 Life Science employers. ... printed Map campaign that is promoted online, displayed at ...
... 6, 2011 Life Technologies Corporation (NASDAQ: ... (assay) to accurately detect the E. coli bacterium that ... worldwide, including four new cases reported in the United States. Shipments ... test foods thought to be associated with the outbreak are now ...
Cached Medicine Technology:BIOSCIENCE EAST, the Life Sciences Industry Map, Highlighting Global Leaders in Healthcare Innovation, Kicks Off 5th Edition 2Life Technologies Develops Fast and Accurate Test to Detect Europe's Deadly E. coli 2Life Technologies Develops Fast and Accurate Test to Detect Europe's Deadly E. coli 3
Jewelers Forceps, delicate, straight....
2 mm wide tip with 1 mm by 4 mm eye. Curved shaft and ring handle with polished finish....
Straight iris forceps. Insulated....
Hardy bayonet forceps with stops. Insulated....
Medicine Products: