Pharmaceuticals are substances used in the diagnosis, treatment, or prevention of disease and for restoring, correcting, or modifying organic functions. According to latest analysis by Gen Consulting Company, the global pharmaceuticals market was USD 1,345 billion in 2021 and is expected to reach USD 1,855 billion in 2028 and register a CAGR of 4.7% during the forecast period, 2022-2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the product, therapeutic area, and region. The global market data on pharmaceuticals can be segmented by product: biologic drugs, small molecule drugs. According to the research, the small molecule drugs segment had the largest share in the global pharmaceuticals market. Pharmaceuticals market is further segmented by therapeutic area: antidiabetic drugs, antirheumatic drugs, antiviral drugs, dermatological drugs, immunosuppressants, oncology drugs, vaccines, others. Based on region, the pharmaceuticals market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).

The global pharmaceuticals market is highly competitive. Key companies profiled in the report include AbbVie Inc., Amgen Inc., AstraZeneca plc, Bayer AG, Biogen Inc., Bristol Myers Squibb Company, Eli Lilly and Company, F. Hoffmann-La Roche AG, Gilead Sciences Inc., GlaxoSmithKline plc, Johnson & Johnson, Merck & Co. Inc., Novartis International AG, Pfizer Inc., Sanofi S.A.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.


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