The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: Belgium offers a stable pharmaceutical market with high per capita spending on medicines.
However, drugmakers will increasingly find the government less willing to reimburse expensive, innovative
medicines as it struggles to hit its fiscal targets.
Headline Expenditure Projections
? Pharmaceuticals: From EUR5.84bn (USD6.47bn) in 2015 to EUR5.89bn (USD6.30bn) in 2016; +1.0%
in local currency terms and -2.6% in US dollar terms.
? Healthcare: From EUR42.12bn (USD46.72bn) in 2015 to EUR43.06bn (USD46.07bn) 2016; +2.2% in
local currency terms and -1.4% in US dollar terms.