CAMBODIA - PHARMACEUTICALS, MEDICAL SUPPLIES, AND MEDICAL EQUIPMENT MARKET OVERVIEW AND TRADE DATA

This is a best prospect industry sector for this country. Includes a market overview and trade data


 

Medicine Imports

Import of Medicines

2013

2014

2015

Total imports

94,264

104,876

116,683

Exchange rate: 1 USD

4,000 riel

4,000 riel

4,000 riel

 

 

 

 

Data Source: Ministry of Economy and Finance
Note: Figures for 2015 are unofficial estimates
.

 

Medicine by Registration Type

 

Type of Registered Medicine

2013

2014

Modern Medicine

1,591

953

Traditional Medicine

51

26

Health Supplements

182

104

Medical devices

353

207

Reagents

40

74

Total Registrations

2,217

1,364

Data Sources: Ministry of Health
Note: the figure includes new registrations and renewals

 

Number of Product Registrations from 1994 to 2014

Categories

New Registrations

Renewal Registrations

Total

Imported Health Supplements

104

31

135

Imported Medical Devices

207

41

248

Imported Modern Medicine

906

714

1,620

Imported Reagents

74

13

87

Imported Traditional Medicine

26

34

60

Local production of modern medicine

26

34

60

Local production of modern medicine

47

102

149

Local production of traditional medicine

0

0

0

Total

1,364

935

2,299

Data Sources: Ministry of Health

Only companies licensed by the Ministry of Health may import drugs, medical supplies, or medical equipment.  As of April 2015, there were 1,990 registered pharmacies, 293 drug import/export companies, and 13 medical manufacturing institutions in the country.  In addition to the formal market, there is a gray market of smuggled pharmaceuticals that are often counterfeit

Sub-Sector Best Prospects
The Ministry of Health is the single largest purchaser of drugs, medical supplies, and medical equipment, but the proportion of healthcare provided by the private sector is increasing.  A number of new private hospitals and clinics have opened in the past few years, and more are expected in the future, offering potential opportunities for sales of medical supplies and medical equipment.

Opportunities
There is great potential for increasing market share.  Local major pharmaceutical importers are eager to import qualified products, and Cambodian consumers are keen to receive high-quality treatment offered by foreign medical products.

Web Resources
Ministry of Health: www.moh.gov.kh
Medicam: www.medicam-cambodia.org

https://www.export.gov/article?id=Cambodia-pharmaceuticals-medical-supplies-and-medical-equipment