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Reportlinker Adds The Outlook for Pharmaceuticals in Western Europe
Date:12/29/2010

plore biotechnology advances and reformulations, which will drive the market forward in the long term.

These reports analyse the issues

The Outlook for Pharmaceutical Markets in Western Europe is a unique collection of management reports from Espicom Business Intelligence. Each report provides individual and highly-detailed analysis of each market, looking at the key regulatory, political, economic and corporate developments in the wider context of market structure, service and access. The reports are available individually, or as a discounted collection, and prices include 4 completely updated reports sent quarterly, together with a comprehensive statistical appendix. There are over 60 markets covered in the worldwide series.

11 Key Markets Covered!

Austria Belgium France Germany

Ireland Italy Netherlands Portugal

Spain Switzerland United Kingdom

Highlights from the region

GERMANY

Germany represents the largest pharmaceutical market in Europe. Pharmaceutical expenditure is largely funded through the GKV. Germany has been grappling with ways to rein in its healthcare expenditure since the 1990s. In the pharmaceutical field this is ongoing and has taken various forms: stricter reimbursement criteria, reference pricing and negotiation of discount contracts with generic manufacturers. The net effect of all this is a reduction in GKV prices. The German pharmaceutical manufacturing sector has lost ground in the face of US competition, but retains a handful of major multinational companies, headed by Bayer Schering, Boehringer Ingelheim and Merck Serono. Sanofi-Aventis, though based in France, retains significant capacity in Germany.

FRANCE

Overall pharmaceutical market growth has been comparatively low at around 5.0% per annum and is expected to average 2.7% in the medium term with government cost-containment programmes exerting downward pressure on reimbursable products. The hospital market
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