Sector Overview: The Rise of a Vital Industry
Ghana's pharmaceutical sector is a dynamic and rapidly growing industry, vital to the nation's healthcare system and economic development. The market, valued at approximately USD 586 million in 2019, has been steadily expanding at a rate of around 5.3% annually. This robust growth is fueled by a confluence of factors, including a burgeoning population, rising incomes, increasing health awareness, and the government's proactive measures to enhance healthcare infrastructure and access.