In 2023, Germany leads the European Basic Pharmaceutical Wages and Salaries Share with 31 million euros, followed by Switzerland and France with 14.66 and 12.9 million euros, respectively. Most countries experienced growth, highlighted by Germany’s 6.82% increase, Switzerland’s 6.24%, and notable spikes in Poland at 11.08% and Portugal at 8.74%. Conversely, the UK saw a minor decline of 0.17%.
Future trends to watch include:
- Continued growth in emerging pharmaceutical markets like Poland and Portugal.
- The impact of new health regulations and Brexit on the UK’s industry share.
- Potential innovation-driven growth in Nordic countries.
- Shifts driven by digital transformation and sustainability initiatives across Europe.
Top countries in Basic Pharmaceutical Products and Pharmaceutical Preparations Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31 | 2023 | +5.52% | +6.82% | View data |
| 2 | 2 Switzerland | 14.66 | 2023 | +3.99% | +6.24% | View data |
| 3 | 3 France | 12.9 | 2023 | +3.57% | +3.43% | View data |
| 4 | 4 Italy | 7.02 | 2023 | +1.68% | +1.91% | View data |
| 5 | 5 Denmark | 5.98 | 2023 | +3.78% | +4.65% | View data |
| 6 | 6 Belgium | 5.59 | 2023 | +4.24% | +3.74% | View data |
| 7 | 7 United Kingdom | 5.15 | 2023 | +0.59% | -0.17% | View data |
| 8 | 8 Spain | 4.76 | 2023 | +3.02% | +4.15% | View data |
| 9 | 9 Austria | 2.43 | 2023 | +4.07% | +3.91% | View data |
| 10 | 10 Netherlands | 2.09 | 2023 | +3.89% | +6.76% | View data |
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