BROWSE THROUGH OUR TRADE FAIRS IN UAE FOR PHARMACY INDUSTRY

The United Arab Emirates (UAE) is among the leading and central countries in the pharmacy industry. This is due to the state being one of the primary locations in the MENA and global segments of the sector. The country features such a position due to several leading causes. Among them are the sector's notable extensiveness and its comprehensive annual turnover rates. For example, in recent years, the segment has expanded to feature more than 1 600 enterprises. They range from SMEs to extensive chain corporations. The latter employs more than 23 600 specialists throughout their branches. This results in the generation of notably high annual turnover rates. For example, the segment has produced yearly revenues of up to 5 270 000 000 USD or 19 356 842 000 AED in recent years. In addition, the segment is anticipated to continue its development at a compound annual growth rate or CAGR of 4.41%. There are several leading causes for the sector's development potential. Among them is its primary focus on researching and implementing novel wares as part of its growth plans. It enables it to adapt to the latest challenges and trends. Most often, the sector presents its most recent innovations during trade expos. Examples include events held every year in diverse cities of the UAE. Such expositions attract up to tens of thousands of attendees.