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The North African pharmaceutical market was valued at USD 12.98 Bn in 2018 and is expected to grow at a CAGR of 8% to reach to about USD 22.23 Bn by 2025. The growth of the pharmaceutical market in this region is driven by a number of demographic factors like rapidly changing population dynamics, where populations are expanding, but also ageing. Additionally, lifestyle
changes have led to higher incidences of non-contagious chronic diseases and conditions – most notably cardiovascular diseases, obesity, cancer and type-2 diabetes.
The North African pharmaceutical market was valued at USD 12.98 Bn in 2018 and is expected to grow at a CAGR of 8% to reach to about USD 22.23 Bn by 2025. The growth of the pharmaceutical market in this region is driven by a number of demographic factors like rapidly changing population dynamics, where populations are expanding, but also ageing. Additionally, lifestyle
changes have led to higher incidences of non-contagious chronic diseases and conditions – most notably cardiovascular diseases, obesity, cancer and type-2 diabetes.