Global pharmaceutical market size

The global pharmaceutical market has experienced significant growth in recent years. As of end-2020, the total global pharmaceutical market was valued at about 1.27 trillion U.S. dollars. This is a significant increase from 2001 when the market was valued at just 390 billion U.S. dollars.

1. What is the market size for pharmaceuticals?
2. How much is the pharmaceutical industry worth 2019?
3. What is global pharma market?
4. What is the size of the global pharmaceutical market in 2005?
5. What was the size of the global biotech market in 2005?
6. Which country is the largest producer of pharmaceuticals?
7. Is pharmaceutical industry profitable?
8. How big is India's pharmaceutical industry?
9. Which country is known as pharmacy of the world?
10. What is the expected size of the world pharmaceutical market in 2014?
11. How big is the pharmaceutical industry in Europe?
12. How much did the pharmaceutical industry make in 2018?
13. How fast is the pharmaceutical industry growing?
14. How much is the US pharmaceutical industry worth 2020?

What is the market size for pharmaceuticals?

The pharmaceutical industry is responsible for the research, development, production, and distribution of medications. The market has experienced significant growth during the past two decades, and pharma revenues worldwide totaled 1.27 trillion U.S. dollars in 2020.

How much is the pharmaceutical industry worth 2019?

According to market research, the worldwide pharmaceutical market was worth nearly $1.3 trillion in 2019₁ and the top 10 pharma companies accounted for around a third of sales ($392.5 billion).

What is global pharma market?

India is a prominent and rapidly growing presence in the global pharmaceuticals industry. It is the largest provider of generic medicines globally, occupying a 20% share in global supply by volume, and also supplies 62% of global demand for vaccines. India ranks 3^rd worldwide for production by volume and 14^th by value.

What is the size of the global pharmaceutical market in 2005?

Global generic-drug spending was estimated at $234 billion in 2010, up from $124 billion in 2005.

What was the size of the global biotech market in 2005?

Overall, 2005 turned out to be an exceptional year: In terms of financings and partnering… bringing in a record $34 billion for US companies. billion was invested in the biotech sector in 2005…with all forms of funding finding takers.

Which country is the largest producer of pharmaceuticals?

For more than a decade now, China has been the largest producer of APIs in the world.

Is pharmaceutical industry profitable?

Sun pharma was the leading pharmaceutical company in India as of May 2021 with a net profit of almost 32 billion Indian rupees. Cipla and Dr Reddys labs came second and third respectively with net profits of around 24 and 21 billion rupees respectively during the stated time period.

How big is India's pharmaceutical industry?

The Indian pharmaceutical sector is worth US$ 42 billion and ranks 3rd in terms of volume and 13th in terms of value worldwide. In August 2021, the Indian pharmaceutical market increased at 17.7% annually, up from 13.7% in July 2020.

Which country is known as pharmacy of the world?

Therefore, India is increasingly called the 'pharmacy of the world', exporting its pharmaceutical products globally. Since the past 50 years, Indian pharmaceutical firms have been successful not only in meeting its domestic needs but also in achieving a leading position in the global pharmaceuticals landscape.

What is the expected size of the world pharmaceutical market in 2014?

IMS Health reported today that the size of the global market for pharmaceuticals is expected to grow nearly $300 billion over the next five years, reaching $1.1 trillion in 2014.

How big is the pharmaceutical industry in Europe?

For 2020, it was estimated that EFPIA members generated about 310 billion euros in production value. Additionally, the trade balance was a positive 155 billion euros, underlining the continent's role as a major exporter of pharmaceutical goods.

How much did the pharmaceutical industry make in 2018?

From 2000 to 2018, the cumulative revenue of companies in the pharmaceutical data set was $11.5 trillion, with gross profit of $8.6 trillion (74.5% of cumulative revenue), EBITDA of $3.7 trillion (32.2% of cumulative revenue), and net income of $1.9 trillion (16.2% of cumulative revenue) (eTable 2 in the Supplement).

How fast is the pharmaceutical industry growing?

The global pharmaceuticals market is expected to grow from $1228.45 billion in 2020 to $1250.24 billion in 2021 at a compound annual growth rate (CAGR) of 1.8%.

How much is the US pharmaceutical industry worth 2020?

U.S. Pharmaceutical Market Value Will Approach $550 Billion by 2020: GlobalData.