The COVID-19 Pandemic's effects on Saudi Arabia's pharmacy market

Abstract

The COVID-19 pandemic's abrupt worldwide effect has prompted important considerations about how to stop the illness from spreading, such societal segregation. These actions have also had an effect on Saudi Arabia's pharmaceutical markets and economy. The purpose of the study is to determine how the COVID-19 outbreak has affected Saudi Arabian enterprises that manufacture drugs and medical equipment as well as people who work in the country's pharmacy industry.  The data was gathered from a sample of 59 research participants using a cross-sectional study methodology. Due to the present pandemic conditions, the data collecting tool, a questionnaire, was sent through email and WhatsApp to employees in the Saudi pharmaceutical business. Following a review of the literature, a questionnaire was created to fit the circumstances in the area.  Results: The Saudi medical device and pharmaceutical sectors were impacted by the COVID-19 epidemic, according to the primary study findings. However, it was believed that this effect would only last through 2020, and it was anticipated that the market will recover in the second half of the year. In conclusion, social isolation and travel restrictions have been the key strategies for minimizing the detrimental effects of the COVID-19 epidemic on Saudi Arabia's commercial and state pharmacy markets. It is advised that safety precautions be taken in all spheres of society, including all communities and social activities.