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Market for Select Cardiovascular Drugs in the GCC Region-2012-16
Date:9/24/2013

DUBLIN, September 24, 2013 /PRNewswire/ --

Research and Markets
( http://www.researchandmarkets.com/research/xvj2zn/market_for_select) has announced the addition of the "Market for Select Cardiovascular Drugs in the GCC Region-2012-16" report to their offering.

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769)


The $7.6 bn Pharmaceutical industry in the GCC region is poised for major growth in the coming years. Increase in the international crude oil prices and exports of crude and petro products have transformed the GCC economy. The local governments are increasingly focusing on improving the health and living standards of the population. Contraints in local manufacturing capacity and thriving counterfeit drugs market pose a major challenge but improved regulatory mechanism, increase in private sector participation coupled with rising private and public sector outlay and spend on healthcare presents a promising future for the industry.

This report focuses on the market for select cardiovascular drugs in the GCC region. Various market drivers in terms of changing lifestyle and rising disease incidence among the population has led to higher consumption of cardiovascular drugs in the region. Sensing the latent market opportunity, global pharma majors such as Novartis, Abbott, AstraZeneca have set up operations in the GCC region through local joint venture and distribution.

In addition to market forecast to 2016, the report also provides interesting insights into key molecules used, top brands, drug prices, procurement process among government and retail institutions. The report will serve as an effective guide
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