Author/Authors :
Yektadoost, Alireza Department of Pharmacoeconomics and Pharmaceutical Management - Tehran University of Medical Sciences, Tehran, Iran , Ebrahimi, Farid Department of MBA - Pharmaceutical Science - Islamic Azad University tehran Branch, Tehran, Iran , Mashouf, Mohammadreza Department of Business Analysis - Daroupakhsh Distribution Company, Tehran, Iran , Hadidi, Naghmeh Department of Clinical Research - Pasteur Institute of Iran, Tehran, Iran , Nassiri Koopaei, Nasser Department of Pharmacoeconomics and Pharmaceutical Management - Tehran University of Medical Sciences, Tehran, Iran , Kebriaeezadeh, Abbas Pharmaceutical Management and Economics Research Center - The Institute of Pharmaceutical Sciences - Tehran University of Medical Sciences, Tehran, Iran
Abstract :
Objective: Iranian healthcare system cost has been remarkably growing during
the recent decades. Drug shortages and the economic effects of the sanctions
have also exposed the pitfalls and shortcomings of the pharmaceutical system.
Moreover, the pharmaceutical system is a major expenditure source for the
health system. Pharmaceutical market trend analysis serves as a reliable tool
to gather and analyze market and consumption data to take account of the past
policies and forecast the future of the market and disease trends. Methods: The
present work tries to quantitatively describe and analyze past 17 years of Iranian
pharmaceutical market sales data from 2000 to 2016. The anatomical therapeutic
chemical‐classified drug utilization data obtained from the Iranian Food and Drug
Administration were used to analyze the market trends for each therapeutic class
and categorize them. Findings: The size of Iranian pharmaceutical market has
grown dramatically during the last 5 years reaching to $5.183 billion in 2016 from
$3.847 billion in 2011 with a compound annual growth rate of 6.14%. Antidiabetics
and antineoplastic agents were one of the most prominent market growth drivers.
Introduction of new drug molecules to the market has also contributed to the trend.
However, the noncommunicable diseases are gaining momentum in the national
disease burden. Conclusion: The market growth necessitates policies to prevent
the overwhelming cost burden on the healthcare system which in turn requires
well‐informed decision‐making. Pharmaceutical market trend analysis tries to
supply the evidence feed for informed policy‐making to forecast, prioritize, and
contain the cost burden imposed on the healthcare system by the pharmaceutical
sector.
Keywords :
Anatomical therapeutic chemical categories , market dynamics , forecasting , pharmaceutical market , trend analysis