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Vietnam's pharmaceutical market predicted to reach $20B by 2045, with 80% domestic demand met by 2030.
Vietnam's pharmaceutical market is expected to grow to $20 billion by 2045, aiming to become one of the fastest-growing markets globally, as reported by the Drug Administration of Vietnam.
By 2030, the industry plans to meet 80% of domestic drug demand and capture 70% of market value, while also positioning itself as a high-value production center with a projected $1 billion in exports.
The current market value is estimated at $8 billion in 2023.
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El mercado farmacéutico de Vietnam prevé alcanzar los $20B para 2045, con un 80% de demanda interna satisfecha para 2030.