Pharmaceuticals Industry of Bangladesh

Category: Industry/Sector Analysis

Country or region: Bangladesh

Domestic market of Pharmaceutical products in Bangladesh has shown an increasing trend over the past few years and the market size is BDT 187,566 million as on 2017 Q2 (Source: IMS Health Report Q2). According to Bangladesh Bureau of Statistics, the industry has contributed 1.85% to the GDP in 2016-17 . Pharmaceutical industry of Bangladesh is largely protected from external competition, as there is a restriction regarding import of similar drugs that is manufactured locally. This industry is the second largest contributor to national exchequer. At the same time, the industry provides the largest white collar (note) intensive employment.
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