DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (
http://www.researchandmarkets.com/research/6766fb/germany_pharmaceut) has announced the addition of the "Germany Pharmaceuticals and Healthcare Report Q3 2008" report to their offering.
Our Germany Pharmaceuticals and Healthcare Report provides independent forecasts and competitive intelligence on Germany's pharmaceuticals and healthcare industry.
Germany’s pharmaceutical market grew 5% year-on-year (y-o-y) during 2007 to reach a value of EUR39.5bn (US$54.1bn). This was a strong performance for Germany’s mature market, exceeding the European average of 4% and outgrowing its nearest rivals in terms of market size; France (4% growth) and the UK (2%). As a result, Germany remains third in global terms behind the US and Japan. The author predicts another strong year of growth in 2008, followed by progressively less impressive increases in market expenditure. We estimate the total drug market will reach EUR47.5bn (US$62.5bn) by 2012. Despite several initiatives introduced over the past few years to curb pharmaceutical expenditures, drug prices remained stable during 2007, according to the German Association of Research-Based
Pharmaceutical Companies (VFA). Several cases of drugs being declined for reimbursement have arisen during early 2008, including Plavix (clopidogrel), Viagra (sildenafil), Acomplia (rimonabant) and shortacting insulin, demonstrating Germany
’s position of only authorising reimbursement for deemed essential medicines.
Germany’s drug discounts have also been under continuing scrutiny after the German Association of Medicines Manufacturers (BAH) criticised them for being anti-competitive and would hurt small and medium-sized companies.
Meanwhile a study published by the VFA has highlighted that the undertreatment of patients is in fact costing the government millions of euros each year. As expected, the VFA said the only way to improve the situation was to train doctors in the use of the latest innovative therapies and increasing budgets for new drugs.
The lagging German biotech industry has received some encouragement this quarter following the awarding of a three-year development grant to BioSolveIT and Proteros biostructures through the German Federal Ministry of Education and Research (BMBF)’s BioChance Programme. Laws have also been relaxed for stem cell research, which should hopefully provide a new platform for biotech research in the country.
Meanwhile our new Burden of Disease Database (BoDD) has shown the German healthcare system in a good light, with total disease-adjusted life years (DALYs) lost set to decrease by 3.9% over the next five years, and by 16.1% up to 2030 as Germans gain access to better treatment and become better-off. One cause for concern, however, will be the projected rise in DALYs lost as a result of HIV/AIDS, which will rise by 38% to 46,463 over the next five years, which will undoubtedly put added strain on healthcare resources.
Company wise, domestic firms Bayer and Boehringer Ingelheim posted strong sales results for 2007, with increases of 12% and 3.6% respectively. Boehringer Ingelheim received positive news from the European Commission after their new drug Pradaxa (dabigatran etexilate) gained approval for marketing and is due to be launched in Germany and the UK during Q208. Meanwhile Xarelto (rivaroxaban) is currently waiting for marketing approval from the European Medicines Agency (EMEA). A (positive) decision is likely to be made during Q308, which will come as welcome news after the company’s patent for their leading drug Yasmin (drospirenone + ethinyl estradiol) was deemed invalid in April 2008.
Key Topics Covered:
Executive Summary
Germany Pharmaceuticals And Healthcare Industry SWOT
Germany Political SWOT
Germany Economic SWOT
Pharmaceutical Business Environment Ratings
Table: Western Europe Pharmaceutical Business Environment Ratings
Limits Of Potential Returns
Risks To Realisation Of Returns
Germany – Market Summary
Regulatory Regime
Intellectual Property Developments
Pricing And Reimbursement Issues
Industry Developments
Healthcare Sector
Krankenkassen
Foreign Industry
Wholesale Sector
Retail Sector
Biotechnology Sector
Epidemiology
Industry Forecast Scenario
Overall Market Forecast
Table: German Drug Market Expenditure Forecasts
Key Growth Factors – Industry
Table: German Health Expenditure Indicators, 2004-2012
Key Growth Factors – Macroeconomic
Table: Germany – Macroeconomic Forecasts
Patented Market Forecast
Table: Germany’s Patented Market Indicators, 2004-2012
Generics Market Forecasts
Table: Germany’s Generic Drug Market Indicators, 2004-2012
OTC Market Forecast
Table: Germany’s OTC Market Indicators, 2004-2012 (US$mn unless otherwise stated)
Export/Import Forecasts
Table: Germany’s Pharmaceuticals Exports And Imports, 2004-2012 (US$mn)
Medical Devices Forecast
Table: Leading German Medical Device Players
Table: Germany’s Medical Device Market Indicators, 2006-2012 (US$bn unless otherwise stated)
Key Risks To our Forecast Scenario
Competitive Landscape
Company Profiles
GlaxoSmithKline (GSK)
Pfizer
Novartis
Sanofi-Aventis
Merck & Co
Bayer
Boehringer Ingelheim
Our Forecast Modelling
How We Generate Our Pharmaceutical Industry Forecasts
Pharmaceutical Industry
Pharmaceutical Business Environment Ratings Methodology
Ratings Overview
Table: Pharmaceutical Business Environment Indicators
Weighting
Table: Weighting Of Components
Sources
Companies Mentioned:
-- Bayer
-- Boehringer Ingelheim
-- GlaxoSmithKline (GSK)
-- Merck & Co
-- Novartis
-- Pfizer
-- Sanofi-Aventis
For more information visit http://www.researchandmarkets.com/research/6766fb/germany_pharmaceut.
Contact:
Research and Markets
Laura Wood, Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
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