European Pharmaceutical Trends in 2022
Pharmaceutical is part of Life Sciences and includes a number of sub-sectors such as Pharmacy. You may also be interested in Healthcare.
European pharmaceutical production is set to reach €50 billion by 2026, up from €45 billion in 2021. Average annual growth is estimated at 1.9%. Since 2016, European production has grown by 5.3% each year. In 2021, Switzerland led the rankings with €26 billion. Italy, Spain, and Austria followed in second, third, and fourth place respectively. Belgium saw a 35.1% year-on-year increase, while France experienced a 10.1% decrease year-on-year since 2016.
Top 10 countries
In 2022 major markets in the Pharmaceutical Industry were:
Pharmaceutical Market Data and Forecasts
How much the Pharmaceutical industry is expected to grow to 2026?
More in Pharmaceutical Industry for 2028Global Pharmaceutical Statistics
- Spending On Medicines 59 countries (Europe, Northern Europe, Western Europe...)
- Number Of Employees 206 countries (Europe, Northern Europe, Southern Europe...)
- Trade Balance 225 countries (Asia, Europe, Africa...)
- Pharmaceutical Imports 193 countries (Africa, Asia, Sub-Saharan Africa...)
- Pharmaceutical Exports 190 countries (Asia, Latin America, Africa...)
- Vitamin Import 191 countries (Asia, Africa, Latin America...)
- Health Expenditure 230 countries (Europe, Western Europe, Northern Europe...)
- Pharmaceutical Production 66 countries (Europe, Western Europe, Southern Europe...)
- Out Of Pocket Expenditure 219 countries (Europe, Western Europe, Northern Europe...)
- Vaccination Coverage 225 countries (Africa, Sub-Saharan Africa, Asia...)