AFRICA INJECTABLE DRUGS MARKET ANALYSIS
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) PandemicSince 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.
Africa Injectable Drugs Market Report Snapshots
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