Mashroo3k Economic Consulting Company offers a feasibility study for a veterinary pharmacy project, with the highest return on profit and the best payback period, through a set of accurate studies of the size of the Iraqi market, analyzing the strategies of local and foreign competitors, and providing competitive price offers.
The veterinary pharmacy provides several services such as selling medicines, providing vaccinations for animals, shearing wool, cutting nails and hair, and other veterinary services. It is one of the projects that Mashroo3k Company prefers as an investment opportunity in Iraq, based on studies of the Iraqi market.
Mashroo3k Economic Consulting Company provides investors wishing to invest in a veterinary pharmacy project in Iraq with a set of specialized feasibility studies based on updated databases specific to the Iraqi market, which helps the project succeed, achieve the highest return on investment, and the best payback period, through a set of accurate studies of the size of the Iraqi market, analysis of the strategies of local and foreign competitors, and the ability to provide competitive price offers.
Mashroo3k Economic Consulting Company is keen to provide the project with: Veterinary pharmacy, The latest medicines, and a highly experienced team, capable of providing animal care and treatment services with precision and high quality, which will help strengthen the trust between the consumer and the project. In addition to many other recommendations from consultants to increase the competitive advantages of the project, and how to shorten the path to reach the highest return on profit.
Mashroo3k Economic Consulting Company directs investors who wish to invest in a veterinary pharmacy project, or develop their existing projects, to seek the opinions of specialized consultants through Mashro3ak Company, to help them determine the best ways and methods to develop pharmacy services.
Executive Summary
Study of project services/products
Market Size Study
Risk study
Health sector in GCC countries
“Mashroo3k ” Company presents some important indicators and keys for anyone wishing to invest in this sector and its projects in the Gulf Cooperation Council countries:
During the life of “Mashroo3k ” which has been spent supporting entrepreneurs and investors, it has developed a true belief in the importance of the health sector and its pivotal role in the renaissance of the economy and the elevation of the status of nations. Based on this belief, “Mashroo3k ” has decided to present some important indicators and keys for anyone wishing to invest in this sector and its projects in the GCC countries:
According to UN reports, the world population will reach 8.5 billion people in 2030 and by 2050 it is estimated that the population will rise to 9.7 billion people. This increase in population will certainly be met with an increase in the volume of demand for healthcare services; therefore, your project recommends investing in this vital sector.
It is noteworthy that global spending on health is expected to increase at a rate of 3.9% annually between 2020 and 2024, which is a much higher rate than the rate recorded between 2015 and 2019, which amounted to 2.8%.
It is worth noting that the number of hospital beds in the world per (1000 people) is 2.9 beds, and the number of doctors per (1000 people) is 1.8 doctors. As for nurses and midwives per (1000 people), the number reaches 4; these numbers are considered much less than required; therefore, we hope to increase investments in the health sector to meet the volume of demand for health care services.
Global health sector
Technological advancements in the healthcare sector have played a significant role in improving medical services; survival rates and quality of life have improved significantly over the past decade. Experts expect the global medical services market to grow from USD 6,872.86 billion by the end of 2021 to USD 7,548.52 billion by the end of 2022. By 2026, the medical services market is set to grow significantly and reach USD 10,414.36 billion at a CAGR of 8.4% during the forecast period (2022: 2026).
