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The Sensory Organ Drugs market in Bahrain has been showing steady growth over the past few years.
Customer preferences: Bahrain has a high prevalence of eye diseases such as glaucoma and cataracts, which has led to an increase in demand for sensory organ drugs. Additionally, the aging population in Bahrain has also contributed to the growth of the market, as the elderly are more susceptible to sensory organ disorders.
Trends in the market: There has been a shift towards the use of combination drugs for the treatment of sensory organ disorders in Bahrain. Combination drugs offer the advantage of convenience and cost-effectiveness, which has led to an increase in their usage. Furthermore, there has been a growing trend towards the use of topical drugs for the treatment of eye diseases, as they are less invasive and have fewer side effects compared to other forms of treatment.
Local special circumstances: The government of Bahrain has been taking initiatives to improve the healthcare system in the country, which has led to an increase in the availability of sensory organ drugs. Additionally, the government has also been promoting medical tourism, which has led to an increase in the number of patients seeking treatment for sensory organ disorders in Bahrain.
Underlying macroeconomic factors: Bahrain has a strong economy, which has led to an increase in healthcare spending in the country. Furthermore, the government has been investing heavily in infrastructure development, which has led to an increase in the number of hospitals and healthcare facilities in the country. This has led to an increase in the availability of sensory organ drugs in Bahrain.
Data coverage:
Data encompasses B2B, B2G, and B2C spend. Figures are based on drug revenues allocated to the country where the money is spent. Monetary values are given at manufacturer price level excluding VAT.Modeling approach / Market size:
Market sizes are determined by a top-down approach, based on a specific rationale for each market. As a basis for evaluating markets, we use financial information of the key players by market. Next, we use relevant key market indicators and data from country-specific associations, such as industry associations. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. The main driver is healthcare expenditure. Expiring patents and new drugs in the pipeline are also considered.Additional notes:
Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. This market comprises prescription drugs and all OTC drugs covered in the Statista OTC Pharmaceuticals market. However, in the OTC Pharmaceuticals market, revenues are based on end-consumer prices.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)