Rising Number of Healthcare Facilities and Improving Regulatory Environment to Drive Growth of Nigeria’s Healthcare, Regulatory and Reimbursement Landscape

Published on : Oct 18, 2018

Albany, New York, October 18, 2018: Healthcare entrepreneurs in Nigeria are working closely with the industry players in a larger ecosystem, while adhering to regulations and forming robust working relationships with the government. Several healthcare startups are collaborating with of filling the gaps of established industry players, in a bid to cater demand from both healthcare and industry’s business.

These insights are according to the report titled “CountryFocus: Healthcare, Regulatory and Reimbursement Landscape – Nigeria,” added recently to the extensive repository of Market Research Hub (MRH). The complex regulatory environment of Nigeria has resulted in challenges, even for industry players who take efforts for being compliant. The country represents a spectrum of by-laws and legislation for regulating most areas of economic activity, which in turn has created the scope for ambiguity or arbitrary interpretation, alongside non-existent or uncertain enforcement – even in rudimentary matters.

The marketplace for healthcare, regulatory and reimbursement landscape in Nigeria continues to remain influenced by diverse factors that range from improving regulatory environment and growing number of healthcare facilities to increasing per capital income. Additionally, robust government funding in healthcare sector and several healthcare campaigns across the country further contribute to growth of the healthcare, regulatory, and reimbursement landscape of Nigeria.

Healthcare, Regulatory and Reimbursement Landscape – Nigeria: Report Contents

This report is an authentic source of analysis and information on Nigeria’s healthcare, regulatory and reimbursement landscape, and identifies key trends in healthcare sector. Insights on the regulatory, reimbursement and demographic landscape, along with assessment on the healthcare infrastructure of Nigeria have been delivered in the report.

The report also provides actionable insights on the segmentation and trends apropos of the medical device and pharmaceutical markets in Nigeria. This report’s compilation is based on information and data sourced from the proprietary databases, in-house analysis, and secondary research. An overview of medical device and pharmaceutical markets, which comprises key market growth drivers, barriers, as well as the market segmentation and market size has been included in the report.

A key section of the report identifies and analyzes major players in pharmaceutical market, which include Fidson, Novartis, May & Baker, Pfizer, and GlaxoSmithKline, as well as in medical devices market such as Roche Diagnostics. Detailed profiling and SWOT analysis have also been offered on the market players identified, along with the Porter’s Five Forces analysis.

Healthcare, Regulatory and Reimbursement Landscape – Nigeria:

This report on Nigeria’s healthcare, regulatory and reimbursement landscape has been developed on the basis of a robust research methodology, which is a blend of expert panel reviews, primary research, and secondary research. Sources of secondary research include company websites, financial reports, annual reports, investor presentations, and SEC filings.

Primary research involves exhaustive telephonic interviews, and email interactions, for unbiased reviews on Nigeria’s healthcare, regulatory and reimbursement landscape. Primary interviews are conducted with leading market players and industry experts on an ongoing basis, for gaining latest insights on the market, and validating existing analysis and data along with underlying assumptions.

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