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: Lithuania's pharmaceutical and healthcare market represents a modest prospect for investment
from multinational firms. A rising burden of chronic disease will translate into an increase in demand and
sales; however, fiscal policies and the small size of the market will limit revenue earning opportunities.
Headline Expenditure Projections
? Pharmaceuticals: EUR616mn (USD670mn) in 2015 to EUR633mn (USD697mn) in 2016; +2.9% in
local currency terms and 4.0% in US dollar terms. Forecast unchanged from Q316.
? Healthcare: EUR2.45bn (USD2.67bn) in 2015 to EUR2.56bn (USD2.82bn) in 2016; 4.4% in local
currency terms and 5.5% in US dollar terms. Forecast unchanged from Q316.