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{"id":8820,"date":"2021-08-16T11:52:02","date_gmt":"2021-08-16T09:52:02","guid":{"rendered":"https:\/\/www.chameleon-pharma.com\/portugal\/"},"modified":"2022-08-25T16:47:16","modified_gmt":"2022-08-25T14:47:16","slug":"portugal","status":"publish","type":"page","link":"https:\/\/www.chameleon-pharma.com\/es\/publications\/country-pharma-market-data\/portugal\/","title":{"rendered":"Portugal"},"content":{"rendered":"

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Portugal<\/span><\/h1>\n

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Featured image: Photo by Paulo Evangelista<\/a> on Unsplash<\/a><\/p>\n

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Portugal\u2019s Prescription Drugs and Consumer Healthcare market development<\/b><\/h2>\n

Portugal\u2019s Prescription Drugs and Consumer Healthcare industry is undergoing evolutions and changes, showing potential for the future of its market.\u00a0<\/span><\/i><\/p>\n

With an area of about 92,200 km\u00b2 and<\/span> over 10.3 mil\u00adlion inhab\u00adi\u00adtants,<\/b> Por\u00adtu\u00adgal occu\u00adpies most of the west\u00adern part of the Iber\u00adian Penin\u00adsula. The Por\u00adtuguese <\/span>OTC and pharma mar\u00adket size is worth USD 4,1 bil\u00adlion<\/b>, which has become one of the drivers of the overall GDP growth.<\/span><\/p>\n

The country has a 20.8% of share in health expenditure. 59.7% of the market share is in Rx medicines, 32.6% in Hospital medicines, and 7.7% in OTC medicines.<\/span><\/p>\n

The OTC market is mainly comprised of digestive and intestinal remedies, skin treatment products, cardiovascular remedies, cough and cold, analgesics, vitamins and minerals, and cardiovascular remedies among others.\u00a0<\/span><\/p>\n

The OTC and pharma industry contributed to Portugal\u00b4s economy through its <\/span>innovation, direct production, revenues, and jobs,<\/b> and indirectly through the value chain, it impacts. It creates around 10,000 direct jobs and around 40,000 indirect jobs including transportation and trade of pharmaceuticals.<\/span><\/p>\n

Portugal invested\u00a0 \u20ac91 Million Euros in 2019 to Research and Development of which 96% came from the country\u2019s own funds.\u00a0<\/span><\/p>\n

Portugal’s OTC and pharma industry lags behind the EU countries’ markets. The share of GDP associated with this industry is half of that of Spain and a third less than Italy. However, the country has opportunities to grow in the future by innovating patient care, focusing on boosting prevention and diagnosis, increasing integrated patient care, and leveraging healthcare technology. Also by accelerating access to innovative medicines.<\/span><\/p>\n

The consumer health and Rx industry in Portugal is growing and has the opportunity for expanding. If you want to take advantage of this growing market, Chameleon Pharma Consulting Group is here to assist you!<\/span><\/p>\n

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Portugal OTC and pharma market in 2035<\/h2>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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USD 5,55 Billion<\/b><\/h2>\n<\/div>\n<\/div>\n
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OTC and pharma market size, ex-factory<\/p>\n<\/div>\n<\/div>\n

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2-3%<\/b><\/h2>\n<\/div>\n<\/div>\n
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OTC and pharma market growth<\/p>\n<\/div>\n<\/div>\n

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Portugal in numbers<\/h2>\n

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<\/span><\/p>\n

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<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Our services<\/h2>\n

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About Anthony<\/h1>\n

Business CoacH<\/h3>\n

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam. Lorem ipsum dolor sit amet, cons[\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

PortugalFeatured image: Photo by Paulo Evangelista on UnsplashPortugal\u2019s Prescription Drugs and Consumer Healthcare market development Portugal\u2019s Prescription Drugs and Consumer Healthcare industry is undergoing evolutions and changes, showing potential for the future of its market.\u00a0 With an area of about 92,200 km\u00b2 and over 10.3 mil\u00adlion inhab\u00adi\u00adtants, Por\u00adtu\u00adgal occu\u00adpies most of the west\u00adern part of […]<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":8782,"menu_order":96,"comment_status":"open","ping_status":"open","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"[caption id=\"attachment_932\" align=\"alignleft\" width=\"300\"]\"\" Portugal 2011<\/a> by hom26<\/a> with CC<\/a>[\/caption]\r\n\r\nWith an area of about 92,200 km\u00b2 and over <\/strong>10<\/strong>.<\/strong>6<\/strong> mil\u00adlion inhab\u00adi\u00adtants<\/strong>,<\/strong> Por\u00adtu\u00adgal occu\u00adpies most of the west\u00adern part of the Iber\u00adian Penin\u00adsula. The Por\u00adtuguese phar\u00adma\u00adceu\u00adti\u00adcal mar\u00adket size is US $<\/strong>4<\/strong>.<\/strong>9<\/strong> bil\u00adlion<\/strong>, with an OTC<\/strong> share of about US $<\/strong>686<\/strong> mil\u00adlion.<\/strong>\r\n\r\nThe loca\u00adtion of phar\u00adma\u00adcies is highly reg\u00adu\u00adlated in Portugal. A max\u00adi\u00admum num\u00adber of phar\u00adma\u00adcists per\u00admit\u00adted in each com\u00admu\u00adnity pre\u00advent\u00ads the con\u00adcen\u00adtra\u00adtion of phar\u00adma\u00adcies in urban areas and adds up to approx\u00adi\u00admately 2,820 phar\u00adma\u00adcies total in the country.\r\n\r\nThe value-added tax for med\u00adi\u00adcine in Por\u00adtu\u00adgal is 6%, and the reim\u00adburse\u00adment scheme is very inclu\u00adsive. It\u2019s divided into four cat\u00ade\u00adgories.\r\n\r\nThe first is for essen\u00adtial drugs designed to treat severe dis\u00adeases; 90% of the price for these drugs is reim\u00adbursed. The sec\u00adond cat\u00ade\u00adgory, where 69% of the price is reim\u00adbursed, con\u00adsists of essen\u00adtial drugs for chronic dis\u00adeases. The third is for med\u00adica\u00adtions that don\u2019t fit into other cat\u00ade\u00adgories but have a confirmed ther\u00ada\u00adpeu\u00adtic interest\u201437% will be reim\u00adbursed here. The last cat\u00ade\u00adgory is, among other things, for new med\u00adica\u00adtions, and 15% of the price is reim\u00adbursed. Because of an aver\u00adage expected growth rate of 1.9%, by 2018 the Portuguese OTC sec\u00adtor is expected to be worth approx\u00adi\u00admately US $77 mil\u00adlion.\r\n\r\n","_et_gb_content_width":"","footnotes":"","_wp_rev_ctl_limit":""},"class_list":["post-8820","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8820","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=8820"}],"version-history":[{"count":8,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8820\/revisions"}],"predecessor-version":[{"id":17494,"href":"https:\/\/www.chameleon-pharma.com\/es\/wp-json\/wp\/v2\/pages\/8820\/revisions\/17494"}],"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=8820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}