market size
DESCRIPTION
Market SizeTRANSCRIPT
In 2013, the total size of the pharmaceutical market of Bangladesh was estimated to be approximately Tk. 101 billion with an annual growth rate of about 8.12%. Bangladesh pharmaceutical industry is now self-sufficient in meeting the local demand.
According to IMS Report of 4th quarter of 2013 the current local pharmaceutical market of Bangladesh is as follows:
Total Market101685403612 BDT
Annual Growth8.12%
View of top ten pharmaceutical companies of Bangladesh with their market share and growth:
Serial No.Name of the CompanyMarket size (BDT)Market Share (%)Growth (%)
1Square19,722,066,69319.412.55
2Incepta Pharma10,184,993,62410.0211.54
3Beximco8,967,999,0318.828.04
4Opsonin Pharma5,302,711,3895.214.77
5Renata5,056,968,9114.978.75
6Eskayef4,547,963,2904.474.28
7Aristo Pharma4,382,948,8374.3111.37
8A.C.I.4,263,630,1984.198.69
9Acme3,954,249,4484.195.76
10Drug International3,924,562,9313.8610.51
Table: Top Ten Pharmaceuticals
Square Pharmaceutical retained the top position with market size reaching TK. 19.72 billion during 2013 in the countrys TK. 101 billion in 2013. Incepta Pharma was almost 9 billion lesser then Square and hold in 2nd position. Third position took by the Beximco Pharma, established in 1980. Opsonin Pharmas position in the countrys top 10 pharmaceutical companies was the forth in terms of sales.