The increasing healthcare expenditure, growing population and government efforts in healthcare are the factors responsible for the high growth of the pharmaceutical distribution sector in the UAE. The pharmaceutical market in the UAE is expected to grow at a CAGR higher than 7 percent till 2029. The growth is fueled by escalating demand for advanced medicals, specialized therapies and preventive healthcare treatments as well. This also creates opportunities for the UAE moving forward as a gateway to Asia, Africa and Europe, as a hub for pharmaceutical trade and distribution. This ensures that pharmaceutical products enter and exit from the country seamlessly, and can be distributed through the country’s world class logistics infrastructure and a business friendly regulatory environment. As a result, the UAE is now a key player in regional pharma supply chain.
... >>MoreShamik Dasgupta, Vice President Asia Pacific, Artivion
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Vaibhav Tewari, Co-Founder & CEO, Portea Medical
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