Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: The Slovakian pharmaceutical market will remain one of the most attractive markets in CEE.
While the authorities continue to impose stringent pricing controls, limiting patented medicine access, there
is clear motivation to widen innovative drug access to the population. Moreover, the pharmaceuticals
regulatory environment is on par with Western European countries.
Headline Expenditure Projections
- Pharmaceuticals: EUR1.91bn (USD2.10bn) in 2015 to EUR1.97bn (USD2.12bn) in 2016; +2.8% in
local currency terms and +0.6% in US dollar terms. Forecast unchanged from last quarter.
- Healthcare: EUR6.15bn (USD6.76bn) in 2015 to EUR6.39bn (USD6.87bn) in 2016; +3.9% in local
currency terms and +1.7% in US dollar terms. Forecast revised slightly upwards from last quarter.
Slovakia's risk index indicates that the country has one of the best business environments in the Central and
Eastern European region, although its placement in the index is moderated by its less-than-impressive
rewards score. Slovakia scores of 57.9 out of 100 and shares fifth positions with Hungary in our Risk/
Reward Index of the Central and Eastern Europe region.