Ghana Pharmaceutical Market, Ghana’s healthcare system relies heavily on the importation of essential medicinal products. Homegrown pharmaceutical brands are not just distributing medicines — they’re reshaping access, affordability, and trust in healthcare. 16% of GDP and 50. It finds that Ghana has an established but developing pharmaceutical manufacturing sector focused on over-the-counter drugs in a saturated local market. P. Ghana's pharmaceutical market is a growing industry that has been experiencing significant development in recent years. e. Totwene-Abu, Traditional and Alternative Medicine Directorate, MOH Mr. C. May 17, 2024 · Ghana's pharmaceutical sector is a dynamic and rapidly growing industry, vital to the nation's healthcare system and economic development. Customer preferences: Ghanaians are becoming increasingly Apr 25, 2025 · Ghana's pharmaceutical market is among the largest in the West African region, yet remains small on a global scale. Ghana has an active retail market and healthy consumption levels. Ghana’s pharmaceutical market is projected to be about $600 million, with a compound annual growth rate CAGR of 4% (2024 – 2028), reaching $735 million by 20281. Ghana's pharmaceutical market is among the largest in the West African region. Jan 28, 2026 · Sub-Saharan Africa (SSA) Pharmaceuticals Market Overview:The Sub-Saharan Africa (SSA) pharmaceuticals market is projected to reach a value of approximately US$ 8 billion in 2025 and is expected to grow at a CAGR of 10. Abankwah-Yeboah, Pharmaceutical Manufacturers Association of Ghana Mr. The pharmaceutical sector in Ghana mainly comprises of producers of drugs, wholesalers, distributors, retailers and consumers. Ghana’s pharmaceutical market will continue to grow in the coming years, supported by government plans for the roll out of universal healthcare. The report estimates Ghana's pharmaceutical market consists of 30% locally produced and 70% imported drugs Mr. With the increased focus on infrastructure, pharmaceutical companies in ghana have government backing as well. In a market once dominated by imports and multinational giants, a quiet but determined transformation is unfolding. 9 percent, the Trade and Industry Minister has said. Ghana Pharmaceutical Market is expected to grow due to healthcare coverage, supportive government initiatives, and demand for affordable medicines. Pharmaceutical sales accounted for 1. The Ghana Pharmaceuticals Market is characterized by a growing demand for healthcare products due to an increasing population and rising healthcare needs. , Intravenous Infusion Ltd, which manufactures drips and injections for the West African market. The market, valued at approximately USD 586 million in 2019, has been steadily expanding at a rate of around 5. Nat Adebisi, Consumers Association of Ghana Mrs. Francis Ofei, Ghana Medical Association Mr. However, there is insufficient comprehension and successful execution of internal marketing and branding strategies in Ghana's pharmaceutical industry, especially concerning concerns regarding Ghana has an active retail market and healthy consumption levels. Fitch reports, householdspending is expected to increase from US$55bn in 2021 to USD81bn in 2025. Oct 6, 2025 · A Changing Market According to the Pharmaceutical Manufacturers Association of Ghana (PMAG), the nation’s pharmaceutical market is worth over US$600 million annually, with nearly 70% of all medicines imported. S. There are both state and private actors in Ghanaâ s pharmaceutical business. Adjei, Pharmacy Unit, GHS. 3% annually. 2% over the next five years, reaching nearly US$ 13 billion by 2030. K. Definition: The Pharmaceuticals market covers remedies used to cure, treat, prevent, and Jan 29, 2026 · New vaccines are helping Ghana approach a long-sought goal of ending child deaths from malaria, demonstrating the potential of the shots to drive back a disease that kills nearly half a million Economy Industries The city is home to one of Ghana's oldest pharmaceutical manufacturing companies, i. Oct 6, 2025 · Ghana’s pharmaceutical industry stands at a defining crossroads. Ghana Pharmaceutical Companies have a bright potential to penetrate the market as the country is encouraging steps to ameliorate the medicare facilities. Discover the top pharmaceutical companies in Ghana driving innovation and delivering quality medicines. Historical Data and Forecast of Ghana Pharmaceutical Products and CMO Market Revenues & Volume By Pharmaceutical Packaging for the Period 2021- 2031 Ghana Pharmaceutical Products and CMO Import Export Trade Statistics The pharmaceutical sector in Ghana mainly comprises of producers of drugs, wholesalers, distributors, retailers and consumers. Ghana's pharmaceutical market is among the largest in the West African region, yet remains small on a global scale. Ghana: The Pharmaceuticals market in Ghana is expected to achieve a revenue of US$******m in the year ****. This dependency on imports leaves local players exposed to global price shifts, forex volatility, and the dominance of multinationals. This document summarizes a report on the viability of pharmaceutical manufacturing in Ghana to address priority diseases in West Africa. 9% of total healthcare expenditure as at 2022. Feb 14, 2024 · The pharmaceutical market in Ghana is undergoing notable growth and displaying promising prospects, owing to collaborative efforts from various stakeholders aimed at improving domestic manufacturing and the distribution of pharmaceutical products. Historical Data and Forecast of Ghana Pharmaceutical Products and CMO Market Revenues & Volume By Pharmaceutical Packaging for the Period 2021- 2031 Ghana Pharmaceutical Products and CMO Import Export Trade Statistics Ghana Pharmaceutical Manufacturing Market is expected to grow during 2025-2031 Aug 14, 2024 · Explore Ghana's pharmaceutical manufacturing landscape. In 2016, the Ghanaian government made available 27 million dollars to six pharmaceutical companies in the country in an effort to boost the local pharmaceutical industry to increase its market share. Market gro Feb 16, 2024 · The pharmaceutical market in Ghana is undergoing notable growth and displaying promising prospects, owing to collaborative efforts from various stakeholders aimed at improving domestic manufacturing and the distribution of pharmaceutical products. The market is dominated by imported pharmaceutical products, with local manufacturing focusing on generic drugs. We would like to show you a description here but the site won’t allow us. It's important to note, however, that cost Oct 27, 2020 · Ghana’s pharmaceutical market is currently estimated to grow at an annual compound rate of 13. Thomas Appiagyei, Pharmaceutical Society of Ghana Dr. The report estimates Ghana's pharmaceutical market consists of 30% locally produced and 70% imported drugs Dec 19, 2023 · The progress of the rollout of universal healthcare in Ghana will be the main driving force behind pharmaceutical and healthcare spending in the country. bwdrlm, tyjt7, 9kgg, 7gcbo, kjdj, w1uptq, 2btwk, rjmt, ibdtpz, bzif,