Saudi Arabia's Pharmaceutical Market Set for Stupendous Growth

The pharmaceutical market in Saudi Arabia is anticipated to grow at a CAGR of around 10% during 2010 - 2012, says a new research report from RNCOS.

NOIDA, India (prHWY.com) February 1, 2011 - Saudi Arabian pharmaceutical market is the largest pharmaceutical market in the Middle Eastern region. The market has been constantly showing affirmative growth trend since 2005. The demand for pharmaceuticals and drugs has witnessed a noteworthy increase during the current years due to the fast spreading of unceasing and lifestyle diseases. Moreover, rising consciousness about healthcare amongst people has aided this development in demand. Consequently, the market is further anticipated to grow at a CAGR nearly 9.7% during 2010-2012, says our new research report "Saudi Arabian Healthcare Market Forecast to 2012".

Our team of experts has also done extensive research on various segments of the pharmaceutical market such as, generics, branded, OTC etc. The generics not only accounts for a small share of pharmaceutical market compared to prescription drugs, but is expected to increase in the future as the governments support as well as OTC drug market is growing in the country.

Our report has also provided detail information about the hospital services market, pharmaceutical market, and medical devices market. Along with this, industry restraints and regulatory environment has also been included in the report. Most importantly, a descriptive healthcare profile of the country has also been presented in the report, which clearly states the developments regarding the prevalence of diseases and steps taken by public as well as private sector to meet the demands arising from the rising prevalence of diseases.

"Saudi Arabian Healthcare Market Forecast to 2012" provides thorough research and rational analysis along with reliable statistics of the Saudi Arabia healthcare market. The report also provides extensive information on the traditional markets as well as on the emerging technologies. Besides, an insight of trends prevailing in the healthcare market segments across the country has been covered in the report. Analysis and statistics regarding market size, growth, share, segmentation, and geographic distribution have been thoroughly studied in the report to present a comprehensive view of the Saudi Arabian healthcare market. The report has thoroughly examined current market trends; industrial developments, and competitive landscape to enable clients understand the market structure and its progress in coming years.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM173.htm

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: saudi arabia healthcare

Categories: Health

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