Jazminhunt14 May, 2025Business
Vietnam generic drug market outlook reached USD 2.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.2 Billion by 2033, exhibiting a growth rate (CAGR) of 5.10% during 2025-2033. The implementation of government initiatives promoting the adoption of generic drugs, the growing population and prevalence of various chronic diseases, and the expiration of various branded medicines represent some of the key factors driving the market.
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