PUBLISHER: MarketLine | PRODUCT CODE: 1590379
PUBLISHER: MarketLine | PRODUCT CODE: 1590379
Global Pharmaceuticals industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare. Market values refer to the value generated by market players.
All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
The global pharmaceuticals market registered revenue of $1,380 billion in 2023, representing a compound annual growth rate (CAGR) of 3.1% between 2018 and 2023.
North America dominated the global pharmaceuticals market in 2023, accounting for the largest share of 39.6%.