The global geothermal heat pumps market players are struggling to achieve a steady and noticeable position in the market through product improvement while the level of rivalry amongst them is extreme. The global geothermal heat pumps mar…
BMI View: Bulgaria's expanding private healthcare market will provide significant revenue-earning
opportunities for multinational pharmaceutical firms and medical device manufacturers. The poor state of
the public healthcare system and the liberalisation of the private sector will see a rapid increase in private
healthcare usage as the demand for more advanced and high-quality treatment rises. This trend is likely to
be echoed across the Balkan region.
Headline Expenditure Projections
? Pharmaceuticals: BGN2.71bn (USD1.54bn) in 2015 to BGN2.89bn (USD1.58bn) in 2016; +6.6% in
local currency terms and +2.5% in US dollar terms. Forecast unchanged from last quarter.
? Healthcare: BGN7.45bn (USD4.22bn) in 2015 to BGN7.85bn (USD4.28bn) in 2016; +5.4% in local
currency terms and +1.5% in US dollar terms. Forecast unchanged from last quarter.