European Pharmaceutical Trends in 2024
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 projected to reach €59 billion by 2028, up from €49 billion in 2023. This represents an annual growth rate of 3.1%. Since 2019, the European supply has increased by 5.4% annually. In 2023, Switzerland topped the rankings in pharmaceutical production with €29 billion. Italy, Spain, and Austria followed in the second, third, and fourth spots, respectively. Belgium showed a significant increase of 43% year-on-year, while France experienced a decline of 21% since 2019.
Top 10 countries
In 2024 major markets in the Pharmaceutical Industry were:
World Pharmaceutical Market Data and Forecasts
How much the Pharmaceutical industry is expected to grow to 2028?
More in Pharmaceutical Industry for 2028World Pharmaceutical Top Rankings
More in Pharmaceutical MarketGlobal Pharmaceutical Statistics
- Greenhouse Gas Emissions 223 countries (Asia, Europe, Southeast Asia...)
- Chemicals Export 193 countries (Asia, Europe, Southeast Asia...)
- Chemicals Import 197 countries (Asia, Europe, Southeast Asia...)
- Spending On Medicines 59 countries (Europe, Western Europe, Northern Europe...)
- Employment Rate 233 countries (Europe, Northern Europe, Eastern Europe...)
- Pharmaceutical Imports 193 countries (Africa, Sub-Saharan Africa, Latin America...)
- Number Of Employees 207 countries (Europe, Northern Europe, Southern Europe...)
- Trade Balance 221 countries (Asia, Europe, Africa...)
- Pharmaceutical Exports 190 countries (Asia, Latin America, Africa...)
- Vitamin Import 190 countries (Africa, Asia, Sub-Saharan Africa...)