Bolivian Market
     

Bolivia is located in the central area of South America, its territorial extension covers 1,098,581 square kilometers.

It borders on the North and East with Brazil, on the South with Argentina, on the West with Peru, on the Southeast with Paraguay, and on the Southwest with Chile.

The population estimated by the National Institute of Statistics (Instituto Nacional de Estadística – INE) is of 8,328,700 inhabitants.  Bolivia, by the end of year 2,000, achieved a 6 % GDP growth rate, in constant prices with an approximate 2,1 % population growth rate.

According to the 1997-2002 Bolivian National Program of Essential Medicines (Programa Nacional de Medicamentos Esenciales - PNMEBOL 1997-2002) Bolivia has the following profile:

  

Number of inhabitants

Number of doctors per inhabitant:

Number of pharmacies (public and private)

Health expenditure as a percentage of the State budget

Health expenditure as a percentage of the GDP

Percentage of the total expenditure in medicines in relation to the total expenditure in health

8,328,700 (source INE)

3,4/10,000

1759

9%

4,7%

21%  
.

Bolivian Health System:  the Bolivian Health system consists of four health service providers: the Public sector, the Social Security sector, the Non-profit Private sector (ONGs), and the profit private sector.


  Bolivian Pharmaceutical Market

 

The Bolivian Pharmaceutical Market invoices 90 million dollars annually, out of which 70 million come from the private market and 20 million from the institutional market.

Estimated percentage of population with access to medicines (source PNEMBOL).  The information obtained through service user surveys has calculated that 30% of the population makes use of public health services, other 30% is not insured, and the remaining 40% makes use of the private sector or is affiliated with some form of health social security.

There are three types of pharmacies in the Bolivian market:

  • Chain of pharmacies, having one single group owner and were established after the enactment of the 1999 Act of Medicines.

  • Networks of Pharmacies, established as a result of the association of several pharmacists.  These two types of pharmaceutical chains have the purpose of acquiring large stocks of medicines.

  • Individual pharmacies

The Bolivian market is attractive for the development of the company’s activities due to population growth and to the reforms implanted by the health system.

Health and Trademark registration.

SAE within the Bolivian pharmaceutical market

SAE occupies the first place among all distributing companies operating in the country.

SAE, in the last years has accelerated its growth thanks to the quality of its products and the innovation brought unto the market.

SAE `s participation in millions of units.