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{"id":8799,"date":"2021-08-16T11:51:57","date_gmt":"2021-08-16T09:51:57","guid":{"rendered":"https:\/\/www.chameleon-pharma.com\/the-philippines-triumph-country\/"},"modified":"2024-10-14T11:48:12","modified_gmt":"2024-10-14T09:48:12","slug":"the-philippines-triumph-country","status":"publish","type":"page","link":"https:\/\/www.chameleon-pharma.com\/es\/publications\/country-pharma-market-data\/the-philippines-triumph-country\/","title":{"rendered":"The Philippines \u2013 TRIUMPH country"},"content":{"rendered":"

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The Philippines<\/span><\/h1>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=\u00bb1″ admin_label=\u00bbImage left, text right\u00bb _builder_version=\u00bb4.16″ custom_padding=\u00bb0|0px|0px|0px|false|false\u00bb locked=\u00bboff\u00bb global_colors_info=\u00bb{}\u00bb][et_pb_row column_structure=\u00bb1_2,1_2″ use_custom_gutter=\u00bbon\u00bb custom_padding_last_edited=\u00bbon|tablet\u00bb padding_top_bottom_link_2=\u00bbtrue\u00bb padding_left_right_link_2=\u00bbfalse\u00bb _builder_version=\u00bb4.16″ width=\u00bb100%\u00bb width_tablet=\u00bb80%\u00bb width_phone=\u00bb80%\u00bb width_last_edited=\u00bbon|tablet\u00bb max_width=\u00bb100%\u00bb max_width_tablet=\u00bb80%\u00bb max_width_phone=\u00bb80%\u00bb max_width_last_edited=\u00bbon|tablet\u00bb module_alignment=\u00bbleft\u00bb custom_margin=\u00bb||40px||false\u00bb custom_padding=\u00bb0|12%|0|0px|false|false\u00bb custom_padding_tablet=\u00bb|0%||\u00bb custom_padding_phone=\u00bb\u00bb module_alignment_tablet=\u00bbcenter\u00bb module_alignment_phone=\u00bbcenter\u00bb module_alignment_last_edited=\u00bbon|tablet\u00bb use_custom_width=\u00bbon\u00bb width_unit=\u00bboff\u00bb custom_width_percent=\u00bb100%\u00bb locked=\u00bboff\u00bb global_colors_info=\u00bb{}\u00bb][et_pb_column type=\u00bb1_2″ _builder_version=\u00bb4.16″ custom_padding=\u00bb|||\u00bb global_colors_info=\u00bb{}\u00bb custom_padding__hover=\u00bb|||\u00bb][et_pb_image src=\u00bbhttps:\/\/www.chameleon-pharma.com\/wp-content\/uploads\/Philippine.avif\u00bb alt=\u00bbA building in Manila, the Philippines with the national flags\u00bb title_text=\u00bbRegulatory Affairs in the Philippines\u00bb show_bottom_space=\u00bboff\u00bb force_fullwidth=\u00bbon\u00bb align_tablet=\u00bbcenter\u00bb align_phone=\u00bbcenter\u00bb align_last_edited=\u00bbon|desktop\u00bb _builder_version=\u00bb4.22.2″ background_color_gradient_direction=\u00bb90deg\u00bb background_color_gradient_start=\u00bb#404451″ background_color_gradient_end=\u00bbrgba(240,242,246,0)\u00bb custom_padding=\u00bb||||false|false\u00bb custom_padding_tablet=\u00bb||60px|\u00bb custom_padding_phone=\u00bb||10px||false|false\u00bb custom_padding_last_edited=\u00bbon|phone\u00bb animation_style=\u00bbslide\u00bb animation_direction=\u00bbleft\u00bb animation_intensity_slide=\u00bb1%\u00bb global_colors_info=\u00bb{}\u00bb][\/et_pb_image][et_pb_text _builder_version=\u00bb4.22.2″ _module_preset=\u00bbdefault\u00bb text_font_size=\u00bb13px\u00bb global_colors_info=\u00bb{}\u00bb]<\/p>\n

Featured image: Photo by Mara Rivera<\/a> on Unsplash<\/a><\/p>\n

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The Philippines: an attractive Self-Prescription and Pharma market\u00a0<\/strong><\/h2>\n

The Philippines have a really attractive Self-Prescription and Pharma market that you should consider if you are looking to expand your business internationally.\u00a0<\/span><\/i><\/p>\n

The Philip\u00adpines can be included among the<\/span> top ten most attrac\u00adtive OTC and prescription drug mar\u00adkets in the Asia-Pacific region<\/b>. Unfortunately, their health\u00adcare sys\u00adtem is so obso\u00adlete that the mar\u00adket is unable to meet the health\u00adcare prod\u00aduct quota that a big pop\u00adu\u00adla\u00adtion demands.<\/span><\/p>\n

The OTC and pharma market is currently valued at USD 2,1 billion. It is a fast-growing market \u2013 expanding faster than the country\u2019s national output. The self-medication and Rx market should reach <\/span>USD 5,18 Billion ex-factory in <\/b>2040<\/b>.<\/b>\u00a0<\/span><\/p>\n

At present, mar\u00adket access in the Philip\u00adpines\u2014with the help of a <\/span>sys\u00adtem\u00adat\u00adi\u00adcally selected local part\u00adner<\/b>\u2014is still a rel\u00ada\u00adtively sim\u00adple and non-cost-intensive option. The OTC and Pharma mar\u00adkets in neigh\u00adbour\u00ading coun\u00adtries, such as Thai\u00adland and Malaysia, also show some poten\u00adtial, albeit not on the level of the TRIUMPH markets.<\/span><\/p>\n

If you are planning on entering the Philippines, our expertise and long-standing network can support you. The Chameleon Pharma Consulting Group has extensive OTC and pharma expertise in South East Asian markets, and we would be thrilled to help you to take advantage of the golden opportunities this region has to offer!<\/span><\/p>\n

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The Philippines OTC and pharma market in 2040<\/h2>\n

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USD 7,3 Billion<\/b><\/h3>\n

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OTC and pharma market size, ex-factory<\/p>\n

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6-8%<\/b><\/h3>\n

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OTC and pharma market growth<\/p>\n

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The Philippines in numbers<\/h2>\n

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We are ready to support you in\u00a0<\/span>Strategy, Marketing, Systematic International Company Partner Identification, Commercial Due Diligence, Business Development, Acquisition Search, Regulatory\u00a0projects,<\/span>\u00a0and more in order to ensure your growth.<\/span><\/p>\n<\/div>\n<\/div>\n

[\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

The PhilippinesFeatured image: Photo by Mara Rivera on Unsplash The Philippines: an attractive Self-Prescription and Pharma market\u00a0 The Philippines have a really attractive Self-Prescription and Pharma market that you should consider if you are looking to expand your business internationally.\u00a0 The Philip\u00adpines can be included among the top ten most attrac\u00adtive OTC and prescription drug […]<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":8782,"menu_order":42,"comment_status":"open","ping_status":"open","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"[caption id=\"attachment_881\" align=\"alignleft\" width=\"300\"]\"Philippines Philippines Micronesia 010<\/a> by Stefan Krasowski<\/a> with CC<\/a>[\/caption]\r\n\r\nThe Philip\u00adpines could also be included among the top ten <\/strong>most attrac\u00adtive Pharma mar\u00adkets in the Asia-Pacific region.<\/strong> Within the ASEAN, the Philip\u00adpines occupies the third posi\u00adtion, just after Indone\u00adsia and Thai\u00adland. Unfortunately, their health\u00adcare sys\u00adtem is so obso\u00adlete that the mar\u00adket is unable to meet the health\u00adcare prod\u00aduct quota that a big pop\u00adu\u00adla\u00adtion demands.\r\n\r\nThere is nei\u00adther growth nor devel\u00adop\u00adment present in the Filipino com\u00adpa\u00adnies that pro\u00adduce OTC and Pharma prod\u00aducts. In com\u00adpar\u00adi\u00adson with China, where there is an obvi\u00adous desire to pro\u00adduce domes\u00adtic prod\u00aducts, the com\u00adpa\u00adnies in the Philip\u00adpines are still depen\u00addent on for\u00adeign man\u00adu\u00adfac\u00adtur\u00aders. The level of devel\u00adop\u00adment in the Pharma sec\u00adtor is very mod\u00ader\u00adate.\r\n\r\nAt present, mar\u00adket access in the Philip\u00adpines\u2014with the help of a sys\u00adtem\u00adat\u00adi\u00adcally selected part\u00adner\u2014is still a rel\u00ada\u00adtively sim\u00adple and non-cost-intensive option. The next few years will see a great oppor\u00adtu\u00adnity to enter a top-ten market with branded prod\u00aducts in the Philippines. The OTC and Pharma mar\u00adkets in neigh\u00adbour\u00ading coun\u00adtries, such as Thai\u00adland and Malaysia, also show some poten\u00adtial, albeit not on the level of the TRIUMPH markets.\r\n\r\n\r\n\r\n\r\n\r\n\r\n

CPC Press Releases on the Philippines:<\/strong><\/h3>\r\nThe Philippines: OTC and Pharma market<\/strong><\/a>","_et_gb_content_width":"","footnotes":"","_wp_rev_ctl_limit":""},"class_list":["post-8799","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/comments?post=8799"}],"version-history":[{"count":14,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8799\/revisions"}],"predecessor-version":[{"id":22256,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8799\/revisions\/22256"}],"up":[{"embeddable":true,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8782"}],"wp:attachment":[{"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/media?parent=8799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}