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Date Submitted: 02/16/2015 11:51 PM
Most up-to-date research on "CountryFocus: Healthcare, Regulatory and Reimbursement Landscape - France" to its huge collection of research reports.
New industry analysis specialist, has released its latest report, “CountryFocus: Healthcare, Regulatory and Reimbursement Landscape France”. The report is an essential source of information and analysis on the healthcare, regulatory and reimbursement landscape in France. It identifies the key trends in the country’s healthcare market and provides insights into its demographic, regulatory, and reimbursement landscape and healthcare infrastructure. Most importantly, the report provides valuable insights into the trends and segmentation of its pharmaceutical and medical device markets. It is built using data and information sourced from proprietary databases, secondary research, and in-house analysis by GlobalData’s team of industry experts.
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France’s population grew from 64 million in 2008 to 65.5 million in 2013, mainly due to a rising life expectancy (INSEE, 2014e). The increasingly elderly population and its associated disease burden have been fueling the growth of the pharmaceutical market, which, although it fell from $48.9 billion in 2008 to $44.1 billion in 2012 at a negative Compound Annual Growth Rate (CAGR) of 1.2% in US dollar terms, increased at a CAGR of 0.7% in euro terms between 2008 and 2013 (INSEE, 2014r). In 2008, the medical device market was worth $12.7 billion, which increased to $15.5 billion in 2013 and is projected to grow at a CAGR of 5.1% to $21.8 billion in 2020.
These positive growth trends can primarily be attributed to
Government initiatives in the healthcare sector
Universal healthcare coverageIncreasingly elderly population
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Scope
The...