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?
World Pharmaceutical Top Rankings
Global 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...)