Cambodia - Pharmaceuticals, Medical Supplies, and Medical Equipment Cambodia - Pharmaceuticals, Medical
Overview
Only companies licensed by the Ministry of Health may import drugs, medical supplies, or medical equipment. As of June 2018, there were 2,516 registered pharmacies, 405 drug import/export companies and branches, and 19 medical manufacturing institutions in Cambodia. 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. Health insurance targeting the growing middle class would fill an unmet demand, as poorer populations are increasingly targeted by government and nongovernmental organization healthcare, and wealthier populations purchase policies from international insurance companies. The middle class, by contrast, has relatively few options for reliable insurance.
Opportunities
Since U.S.-made drugs and medical equipment are well perceived here, there is great potential for increasing market share. Local major pharmaceutical importers are eager to import U.S.-made products, and Cambodian consumers are keen to receive high-quality treatment offered by American medical products.
Web Resources
Ministry of Health
Medicam
Department of Drugs and Food: https://www.ddfcambodia.com/
|
Import of Medicines |
2014 |
2015 |
2016 |
|
Total imports |
104,876 |
119,353 |
123,266 |
|
Exchange Rate: 1 USD |
4,000 riel |
4,000 riel |
4,000 riel |
Unit: USD thousands
Data Source: Ministry of Economy and Finance
Number of Product Registrations by 2017
|
Categories |
New Registrations |
Renewal Registrations |
Total |
|
Health supplements |
225 |
34 |
259 |
|
Medical devices |
471 |
129 |
600 |
|
Modern medicine |
1,499 |
729 |
2,228 |
|
Reagents |
109 |
157 |
266 |
|
Traditional medicine |
71 |
38 |
109 |
|
Total |
2,375 |
1,087 |
3,462 |
Data Sources: Ministry of Health
Number of Registrations by Type from 1994 to 2017
|
Type of Registration |
Total |
|
Modern medicine |
15,304 |
|
Traditional medicine |
474 |
|
Health supplements |
1,156 |
|
Medical devices |
2,087 |
|
Reagents |
783 |
|
Total registrations |
19,804 |
Data Sources: Ministry of Health, Department of Drugs and Food Note: The figure includes new registrations and renewals
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