The global forage feed market has been undergoing noteworthy development in the past few years. This can be accredited to the progression in farm animal production, upsurge in the global meat intake, and growing awareness regar…
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.