Date- 28th - 29th November 2021

Day 1   |  Sunday, November 28, 2021  |  Time: 4:30pm - 5:45pm | GMT+6

Health and Pharmaceuticals

Affordable Wellbeing: Healthy Living for All  

D106B   |   Ball Room

Home to the world's 8th largest population, the opportunities for delivering affordable healthcare services and products in Bangladesh are unbounded - including hospitals, health-tech and medical equipment manufacturing. A state-of-the-art park for producing Active Pharmaceutical Ingredients (API) has been set up to drive the competitiveness of the pharmaceutical sector, which exports medicine to 140 countries including high-regulated ones while catering to nearly 98% of the domestic market.

Snapshot

  • With a market size of over USD 3 billion, Bangladesh's pharmaceuticals sector is growing at an annual rate of 16.7% and will exceed USD 6 billion by 2025.
  • 97.3% of Active Pharmaceutical Ingredients (API) are imported.
  • Currently valued at USD 10 billion, the health care market will grow to USD 14 billion by 2023.
  • Out-of-pocket expenditure makes up 74% of total health expenditure .
  • Bangladesh's medical sector witnessed annual growth of 14.6% between FY 2016 and FY 2019, recording the fastest growth in the world.
  • With a current market size of USD 442 million and a CAGR of 13%, the medical equipment & devices sector is expected to grow to USD 820 million by 2025.

Objective

This session will showcase opportunities in healthcare, pharmaceuticals, API and medical equipment & devices and discuss the roadmap to real investment.