Pharmaceutical market share

In 2018 North America accounted for 48.9% of world pharmaceutical sales compared with 23.2% for Europe. According to IQVIA (MIDAS May 2019), 65.2% of sales of new medicines launched during the period 2013-2018 were on the US market, compared with 17.7% on the European market (top 5 markets).

1. What is market share in pharmaceutical industry?
2. What is the market size for pharmaceuticals?
3. What is the market share of Pfizer?
4. Which country is the largest producer of pharmaceuticals?
5. What is Sun Pharma famous for?
6. What type of market is the pharmaceutical industry?
7. Who are the buyers in pharmaceutical industry?
8. Is pharmaceutical industry profitable?

What is market share in pharmaceutical industry?

The pharmaceutical industry in India is currently valued at $41.7 bn. Generic drugs, with 71% market share, form the largest segment of the Pharmaceutical industry in India. This is set to grow as exports of generics to the US rise, as branded drugs worth $55 bn will become off-patent during 2017-2019.

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.

What is the market share of Pfizer?

1. Pfizer Inc – 5.6%

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.

What is Sun Pharma famous for?

From humble beginnings in 1983, Sun Pharma has grown to become one of the largest generic pharmaceutical companies worldwide. We are the largest pharmaceutical company in India. In the US, we are among the top 10 generic pharmaceutical companies and are ranked second by prescriptions in the generic dermatology market.

What type of market is the pharmaceutical industry?

As an oligopolistic multinational the pharmaceutical industry has been identified with high prices and profits, a lack of price competition and heavy product differentiation leading to high concentration ratios.

Who are the buyers in pharmaceutical industry?

Over the last few years, the negotiating power of buyers has only gotten stronger, exerting pressure on pharma companies' margins. The buyers' ecosystem in the pharma industry – payors, providers, physicians and patients – has been driving some key changes since the last decade.

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.