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Global Pharmaceuticals industry profile provides topline qualitative and quantitative summary information including: market share, market size value 201216, and forecast to 2021. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for topline data and analysis covering the Global pharmaceuticals market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare. Market values have been calculated at exfactory prices the value at which manufacturers sell the drugs to distributors. Any currency conversions used in the production of this report have been calculated at constant 2016 annual average exchange rates.
The global pharmaceuticals market had total revenues of $946.1bn in 2016, representing a compound annual growth rate CAGR of 6.1% between 2012 and 2016.
The US, Japan and China are the largest global pharmaceutical markets followed by the four biggest European markets: France, Germany, the UK, and Italy. Amongst that number it is China that is producing the strongest growth every year, whilst the European states have been stifled due to current healthcare spending cultures in the region.
The patent cliff has caused revenue losses for many companies. The sales of Pfizer, Novartis and Merck Co. fell when they lost their patents for Lipitor, Diovan and Singulair, respectively. AstraZeneca has been particularly affected by the patent cliff.
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Original Article: Global Pharmaceuticals [Report Updated: 30062017] Prices from USD $350NEXT ARTICLE
Health care (or healthcare) is the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in humans. Health care is delivered by practitioners in medicine, chiropractic, dentistry, nursing, pharmacy, a...