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: Chile's healthcare reform and sector investment will continue to expand the role of the state in
the provision of health services and medicines. The stable political and economic outlook in Chile provides
a solid foundation for the government to launch assistance programmes such as the 'People's Pharmacy' to
improve patients' access to innovative medicines. It will also boost volume sales for multinational
drugmakers in Chile.
Headline Expenditure Projections
Pharmaceuticals: From CLP2.2trn (USD3.3bn) in 2015 to CLP2.4trn (USD3.5bn) in 2016; +8.6% in local
currency terms and +5.3% in US dollar terms. Forecast unchanged from last quarter.
Healthcare: From CLP12.7trn (USD19.4bn) in 2015 to CLP14.0trn (USD20.7bn) in 2016; +10.1% rise in
local currency terms and +6.8% in US dollar terms. Forecast unchanged from last quarter.