STATUS OF WORLD ECONOMY AND EU COUNTRIES FOR PHARMACEUTICAL INDUSTRY

These are some important factors which play a significant role on the growth of pharmaceutical industry such as demographic change, increase in average life expectancy, social globalization, significant increase in access to health services. Companies which operate in international area have 95% of pharmaceutical market. Intensive consumption in developed countries is supplied by production in developed countries. Consumption of drug is centered U.S, EU and Japan market. U.S pharmaceutical market participates 50% from world market and European pharmaceutical market constitutes 29% of global market.

 

 

GENERAL SITUATION OF SECTOR IN TURKEY

Pharmaceutical sector in Turkey ranks sixth in Europe and sixteenth in world in 2011. Turkey, China, India, Russia and Brazil are included emerging market between 2012 and 2016. It is estimated that Turkey pharmaceutical market will rank 18th in the world. As of 2011, 53% of pharmaceuticals is patented products, 37% of equivalent drugs and %10 of prescription drugs are constituted pharmaceutical market in Turkey.