This industry profile provides a five-year forecast for Canada’s Pharmaceutical Products Industry.
Canada’s Pharmaceutical Products Industry: Industrial Profile Winter 2011
Canada’s Pharmaceutical Products Industry: Industrial Profile Winter 2011
Industry Economic Analysis
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- Aging Population—People spend more on pharmaceutical products as they age. Thus, with the average age of the population increasing, so is per capita spending on drugs.
- Government Budgets—Most developed countries will move to tighten their budgets in the coming years in a bid to return to financial balance, and public health-care spending will be affected.
- Prices—Growing competition from emerging markets and generic products limits price increases.
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