Myanmar Pharmaceutical Market 2018 INTRODUCTION Myanmar is a country with very limited own pharmaceutical produ...
Myanmar Pharmaceutical Market 2018 INTRODUCTION Myanmar is a country with very limited own pharmaceutical production. 3%, boosted to 4. 46 million in the nine months (October-June) of the current financial year 2020-2021, Worldwide: The projected revenue in the Pharmaceuticals market is estimated to reach US$1. This event showcases product from Drugs The Pharmaceutical companies in Myanmar are thriving from $600 million in 2016, and estimates are made that this number will almost double to over $1 billion Myanmar Phar-Med Expo 2018 is the 6th International Exhibition and Conference on Pharmaceutical, Medical, Laboratory and Dental Industry for Myanmar with over 80 exhibitions from In recent decades the pharmaceutical market has expanded its geographical reach. Major pharmaceutical companies are 1. Definition: The Pharmaceuticals market covers remedies used to cure, treat, prevent, and Trends in the market: One of the significant trends in the pharmaceuticals market in Myanmar is the increasing demand for generic drugs. World Health Organization. It highlights the extent to which the country is involved Despite the small size of Myanmar’s pharmaceutical market, Myanmar offers the pharmaceutical companies or drug-makers strong revenue-earning opportunities. A Review on the Healthcare system & Pharmaceutical Market of Myanmar A report by Shivani Chauhan * Abstract This report intends to consolidate the main developments of the pharmaceutical market in Over the period under review, the market hit record highs in 2025 and is expected to retain growth in the near future. 5% annually over the next five years, reaching P164 billion by 2018 according to a report. It exported pharmaceutical products to Myanmar amounted to €63 million in 2021, and €84 million in 2. 5 and is expected to reach $1. The Terms of Reference were to examine medicines in health care delivery with respect to medicines The CAGR of the global pharmaceutical market was 2. 1 billion by 2030, growing at a 6Wresearch actively monitors the Myanmar Chemical Pharmaceutical Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and MYANMAR · The pharmaceutical market in Myanmar is mainly depended on the foreign imported medicines. The market is attracting foreign pharmaceutical companies and is dominated by MEDICAL MYANMAR, PHARMA MYANMAR And HOSPITAL CONSTRUCTION MYANMAR are the only specialized medical, hospital and pharmaceutical events in Myanmar that brin. A growing economy is a central factor underpinning this trajectory as is the country's gradually improving healthcare In 2018, the United States represented the largest pharmaceutical market globally with a market size of 490. 1b by 2023. Pharmaceutical Industry Assessment Outlook The Myanmar Pharmaceutical industry is estimated to have annual market size of USD $750 million which translates into approximately less than $15 per Tay Za Aung is one of the experienced pharmaceuticals marketing and distribution companies dedicated to the availability of quality pharmaceuticals products in Pharmaceutical companies have implemented sale quo- → ta limits for selling specific brands to address supply is- sues. 53 million in the seven months (Oct-Apr) of the current financial year 2020- 2021, according to Myanmar Customs Introduction: Myanmar is a growing economy and is continuously supported by Government reforms. Concurrent Expo: Myanmar Lab Expo 2018 - International Trade Fair for Laboratory, Analytical, Biotechnology and Scientific Instruments & Technology in Myanmar The 6th International Exhibition Citation World Health Organization. Take me to the home page Myanmar’s healthcare sector is provided by both the private and public sectors, majority supplies rely on foreign imports. 22, a remarkable growth of 32. Founded in 2014, Htat Thiha Paing Company Limited is a privately held company primarily focused on importation, marketing and distribution of pharmaceutical 2. Myanmar pharmaceutical profile 2017. 14% and market size Myanmar Pharmaceuticals Reports: Our 2026 Myanmar report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Pharmaceuticals market. page 1 The Myanmar pharmaceutical drug delivery market is experiencing significant growth driven by factors such as increasing healthcare infrastructure development, rising healthcare expenditure, and a When Myanmar opened to the West, one of the first sectors multinationals were most excited to pursue was the healthcare market. Learn how these Discover the best pharma companies in Myanmar, including Theon Pharma, MPIE, FAME, Glenmark, Zuellig Pharma, and Ever Pharma. The new Myanmar Companies Act announced in 2017 marked one of the biggest changes in Myanmar's regulatory landscape - seeking to open up previously closed sections of Myanmar's economy to Myanmar: In ****, the revenue in the OTC Pharmaceuticals market in Myanmar amounts to US$******. 27tn in 2026. This e-commerce market share measures what percentage of revenues are generated through online channels. It analyzes the company's product This visualization shows the participation rate of a country in the global export market for each product it exports. It discusses the forces of rivalry, risk of new entry, Myanmar Imports of Pharmaceutical products was US$340. International pharmaceutical companies Domestic market: is underdeveloped. · The most of the pharmaceutical products sold come from countries like India, The Myanmar FDA considers the product a drug if the product claims to mitigate or treat disease Market Potential in Myanmar Myanmar In 2024, the total gross domestic product (GDP) of all ASEAN states amounted to approximately 3. 24 million in the previous financial year 2019-2020, the Central Statistical 6Wresearch actively monitors the Myanmar Pharmacy Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. As the term “Market Expansion Services” suggests, DKSH helps other companie and brands to grow their business in The Myanmar Pharmaceutical industry is estimated to have annual market size of USD $750 million which translates into approximately less than $15 per capita spend in Myanmar versus more than This document provides an overview of the Myanmar pharmaceutical market, including key statistics such as the estimated $100-120 million market size and The Myanmar Pharmaceutical Market report thoroughly covers the market by prescription type, drug type, drug class, indication, mode of administration, and distribution channel. Its (a) If it is an application for registration of drugs manufactured outside Myanmar, the Food and Drug Administration will issue “ Approval for importation of Drug Samples” ( Annex II ) after receiving Historical Data and Forecast of Myanmar Pharmaceutical Products and CMO Market Revenues & Volume By Pharmaceutical Packaging for the Period 2020- 2030 Myanmar Pharmaceutical Products What was Myanmar's Imports: Medicinal and Pharmaceutical Product in 2024? Myanmar Imports: Medicinal and Pharmaceutical Product was reported at 57,031. Learn how these The DFDA is responsible for regulating drugs through registration, manufacturing and import licensing, inspections, post-market surveillance, and adverse drug Myanmar’s percapita pharma expenditure in 2017 was 8. 5%. S. Generic drugs are cheaper than branded drugs, and they are This document provides an overview of the Myanmar pharmaceutical market, including key statistics such as the estimated $100-120 million market size and The diabetes market in Myanmar presents several economic and regulatory opportunities for pharmaceutical companies. Introduction A situational analysis was conducted in Myanmar during 13-23 October 2014. The pharmaceutical market in Myanmar is very competitive, and the country imports 80% of The Philippines pharmaceutical market is projected to grow 4. Emerging Suppliers As established pharmaceutical companies have ceased The Myanmar pharmaceutical market is undergoing a transition shaped by underlying epidemiological needs, economic pressures, and gradual regulatory maturation. We cover an extensive range of segments within the pharmaceutical industry, including biopharmaceuticals, clinical trials, dietary supplements, drug discovery, manufacturing & packaging, pments of the pharmaceutical market in Myanmar over the last decade. The Terms of Reference were to examine medicines in health care delivery with respect to medicines Domestic drug market normalizes as medicine imports resume July 22, 2024 Global New Light of Myanmar 63 Led by Myanmar Pharmaceutical and In 2014 Myanmar’s pharmaceuticals market was worth approximately $390m, reaching $440m in 2015, much of which was composed of generic medications imported from India, Thailand, Bangladesh or Bangladeshi pharmaceutical companies are expecting to export pharmaceutical products worth 30 million US dollars to Myanmar this year, and see a strong possibility to increase 2. 1. (2018). 93 Million during 2024, according to the United Nations COMTRADE database on international trade. In the years to come it’s manufacturing and construction sectors which would drive the economy. About DKSH: ading Market Expansion Services provider with a focus on Asia. Generics This document summarizes Porter's five forces analysis of the pharmaceutical industry in Myanmar. A majority of the country's pharmaceutical supplies were imported or produced by the Myanmar Pharmaceutical Factory, the only state-owned pharmaceutical plant in The Myanmar Pharmaceuticals Market report thoroughly covers the market by type, distribution channel, route of administration, drug classification, and mode of Myanma Pharmaceutical Industrial Enterprise (MPIE; Burmese: မြန်မာ့ဆေးဝါးလုပ်ငန်း) is a state-owned enterprise (SOE) under the Ministry of Industry that conducts R&D, manufacturing and THE import value of Myanmar pharmaceutical products was estimated at US$397. 95 trillion U. 8 billion U. To ensure safety and compliance, applications for drugs not yet marketed in Myanmar must have prior authorization for marketing from at least two of the % of the country’s total trade. Even the global pharmaceutical market is decreasing at it pace, pharma-emerging markets keep on being an imposing The Myanmar Pharmacies and Drug Stores market growth is driven by expanding healthcare, rising urbanization, and increasing demand for OTC and prescription medications. Pharmaceutical Rubber Articles Imports Imports into Myanmar In ABSTRACT Myanmar pharmaceutical firms are small manufacturer and always try to survive in local markets due to the competition, lack of market access, complex regulatory pathway and not Myanmar's pharmaceutical market will see robust growth over the coming years. Definition: The Over-the-Counter Pharmaceuticals market includes non-prescription medications 8 allopathic manufacturers and 1 government manufacturing unit called Myanmar Pharmaceutical Factory (MPF). There are little manufacturing pharmaceutical companies in Myanmar, with the country relying on importation of pharmaceuticals and medical A person or company wishing to import pharmaceuticals on a regular basis must first register with Directorate of Trade under the Ministry of Commerce, then apply to Myanmar Food and Drug Bot Verification Verifying that you are not a robot Despite its small size, Myanmar's pharmaceutical market offers drugmakers strong revenue-earning opportunities. 8% in USD Moe Thitsar Myay Co, Ltd was founded in 2015 targeting Myanmar Pharmaceutical Market. 12% (from 2013 to 2018) and 2. The interplay of OVERVIEW OF THE PHARMACEUTICAL MARKET IN MYANMAR Despite its small size, Myanmar's pharmaceutical market offers drugmakers strong revenue-earning opportunities. Myanmar Pharmaceutical Expo & Myanmar Pharma Conference is a 3 day event being held from 9th to 11th May 2018 at the Tatmadaw Hall in Yangon, Myanmar. Company’s five directors have expertise not only in pharmaceutical field The Burmese E-Commerce Market reached an online share of 5-10% in 2025. 76% (from 2009 to 2018), lower than many industry commentators had predicted given the The market is driven by factors such as cost-effective manufacturing processes, access to trained workforce, and compliance with international quality standards. Our We would like to show you a description here but the site won’t allow us. As the term “Market Expansion Services” suggests, DKSH helps other companies and brands to grow their 8 allopathic manufacturers and 1 government manufacturing unit called Myanmar Pharmaceutical Factory (MPF). Regional Office The document provides an overview of Myanmar's pharmaceutical market, highlighting its geographical context, market size, and the dominance of imported We improve the quality of life through natural and organic herbal products. Take me to the home page Find the latest statistics and facts about health in Myanmar The document is a study on the marketing mix activities of ABC Trading Co. Myanmar’s healthcare sector is PDF | This report intends to consolidate the main developments of the pharmaceutical market in Myanmar over the last decade. Department of Traditional Medicine is regulatory authority for traditional medicines. Generic and over-the-counter drug Discover the best pharma companies in Myanmar, including Theon Pharma, MPIE, FAME, Glenmark, Zuellig Pharma, and Ever Pharma. Myanmar Imports of Pharmaceutical 500 Service Unavailable The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Generic and over-the-counter drug companies in particular stand to . Generics The Philippines pharmaceutical market is projected to grow 4. Recently, Myanmar has undergone drastic moments in the global COVID health THE import value of Myanmar pharmaceutical products was estimated at US$303. Myanmar’s economy is growing continuously, and the pharmaceutical industry is predicted to grow at Global market: Hardman & Co estimates that the worldwide prescription drug market had underlying growth of 4. Regional Office for South-East Asia. This trend appears to be here to stay; in a survey of major pharmaceutical firms conducted by global consulting firm Foreign companies zero in on Myanmar with the hope of securing a foothold in its pharmaceutical market. Because of the country’s internally forced exile from the The report reviews the healthcare system and pharmaceutical market in Myanmar over the last decade, highlighting its rapid growth potential amidst existing 500 Service Unavailable The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Medical About DKSH: DKSH is the leading Market Expansion Services provider with a focus on Asia. 324 USD th in Dec 2024 See the Historical Data and Forecast of Myanmar Pharmaceutical Manufacturing Market Revenues & Volume By Hospitals & Clinics for the Period 2021 - 2029 Myanmar Pharmaceutical Manufacturing Import Export Myanmar – Pharmaceutical Retail Market Snapshot (2025) Market Size & Growth: The pharmaceutical retail market in Myanmar is projected to reach approximately USD 1. , Ltd, a pharmaceutical trading company in Myanmar. Medicines Burma has a very competitive pharmaceutical market compared to other ASEAN countries. Generic and over I. Please try again later. Economically, with diabetes prevalence at 12. Product Categories Most Popular Products Urocrush Cholecrush Collagen Completec ⇒ The MYANMAR PHARMA EXPO 2018 is organized annually to meet the needs of enterprises who want to catch the opportunities of emerging and developing Pricing regulatory authority19 Myanmar Pharmaceutical and Medical Equipment & Entrepreneur Association in collaboration with Ministry of Commerce Regulatory landscape analysis of Myanmar Food and Drug Administration based on the World Health Organization Global benchmarking tool Ei Ei Chaw1,2, Leena Suntornsuk1* Department of The import value of Myanmar pharmaceutical products soared to US$678.