Key Market Indicators
British pharmaceutical production is forecast to decline sharply, dropping to approximately €900 million by 2028 from its current level of €1.4 billion in 2023. This represents an average annual decrease of 7%. Over the past decade, the UK's pharmaceutical supply has been on a downward trajectory, decreasing by an average of 6.6% each year since 2013. In 2023, the UK ranked fifth in pharmaceutical production. Austria surpassed the UK this year, matching the UK's production at €1.4 billion. Italy, Spain, and Austria held the second, third, and fourth positions, respectively, in the production rankings.
Latest reports
UK Pharmaceuticals Market Report- Q4 2024
The UK Pharmaceuticals market in Q4 2024 faced a dynamic landscape shaped by economic, regulatory, and competitive factors. Amidst inflationary pressures and evolving...
UK Pharmaceuticals Market Report - Q4 2024
The United Kingdom's pharmaceutical industry in the fourth quarter of 2024 is experiencing significant transformations driven by technological advancements, regulatory adjustments, and evolving...
