Africa Injectable Drugs Market, by Molecule Type (Large Molecule and Small Molecule), by Route of Administration (Intravenous, Intramuscular, Sub-cutaneous, and Others, by End User (Hospitals, Specialty Clinics, and Others), and by Country/Region (South Africa, Central Africa, and North Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jun 2022

Code : CMI4949

Pages :175

Formats :

Excel and PDF

Industry : Pharmaceutical

Africa Injectable Drugs MarketSize and Trends

Africa injectable drugs market is estimated to be valued at US$ 284.5 Mn in 2022 and expected to exhibit a CAGR of 4.7% during the forecast period (2022-2030).

Figure 1. Africa Injectable Drugs Market Share (%) in Terms of Value, by Molecule Type, 2022

The increasing prevalence of chronic diseases such as cardiovascular, diabetes, cancer, etc. is expected to drive the market growth during the forecast period.

Growing manufacturing facilities for pharmaceutical drugs are expected to drive the market growth during the forecast period.

Africa Injectable Drugs Market – Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 outbreak in December 2019, the disease has spread to over 100 countries across the globe and the World Health Organization (WHO) declared it a public health emergency on January 30, 2020.

The COVID-19 can affect the economy in three main ways: by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets.