The pharmaceutical goods market size in Austria showed fluctuations between 2013 and 2023, with a noticeable decline over this period. In 2013, the value per capita stood at its highest at $45.71, and by 2023, it decreased to $38.7. Year-on-year trends showed slight recovery in 2017 and 2020 but continued with a downward trajectory in subsequent years. The average compound annual growth rate (CAGR) over the last five years indicated a negative trend. Notably, the most substantial decreases were from 2018 onwards.
Future trends to watch for:
- Innovations in pharmaceutical technologies and higher healthcare demand could spur market growth.
- Policy changes regarding health expenditures might impact per capita values.
- Sustainability efforts could affect the pricing dynamics and demand within the pharmaceutical sector.
How does Austria rank in Pharmaceutical Goods Market Size Value Per Capita?
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 44.82 | 2023 | View data | ||
| 2 | 2 Australia | 41.26 | 2023 | View data | ||
| 3 | 3 Germany | 40.08 | 2023 | View data | ||
| 4 | 4 Switzerland | 38.82 | 2023 | View data | ||
| 5 | 5 Austria | 38.7 | 2023 | |||
| 6 | 6 Israel | 35.96 | 2023 | View data | ||
| 7 | 7 Canada | 35.9 | 2023 | View data | ||
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