The war in Ukraine highlighted the role of industries that are critical to society, revealed the achievements they made that contributed to the stability of the system, as well as problems that hindered development or became “weak links” in critical conditions. One of these industries was the healthcare sector, in particular, the pharmaceutical sector.
What dynamics it has shown over the past 2 years, what was a “blow” for it, and what helped it survive and ensure the pace of development, showed a study by Proxima Research in cooperation with the pharmaceutical company Darnytsia and Top Lead.
Pharma began to reach pre-war levels
In 2022, with the beginning of a full-scale war, domestic pharma suffered certain losses. In particular, due to active hostilities in some territories and large-scale shelling, pharmaceutical companies were forced to relocate their capacities, spend money on security measures, update raw material supply chains, look for new logistical routes and points of sale for their products, since some pharmacies stopped working. Also, due to internal and external migration of the population and a decrease in its purchasing power and, accordingly, a drop in demand for medicines, the pharmaceutical industry suffered indirect losses in the form of a decrease in sales. Migration processes also affected the human resources potential of the industry itself. At the same time, efforts to overcome these challenges adapted the industry to work in new, extraordinary conditions. The pharmaceutical industry gradually began to recover and reach the pre-war level. The volume of pharmacy sales of medicines also showed growth trends.
Compared to 2022 last year:
- • Pharmacy sales of medicines increased by 9.4% in monetary terms (from 3.2 to 3.6 billion USD, in 2021 this figure was 4.1)
- • The number of pharmacies increased by 4.9%
- • The volume of products sold increased by 19.6%
- • Exports of medicines from Ukraine increased by 17.2%
The number of new vacancies in the field of "Medicine, Pharmaceuticals" also increased by 84.8% - from 20 to 37 thousand
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