The Pharmaceutical Goods Market in Peru exhibited a robust growth from 2013 to 2023, reaching a market size of $199.73 million by 2023. Year-on-year growth varied, peaking in 2015 with a 29.21% increase, while the most recent years showed modest increases, with a 3.01% rise in 2023. Examining the last five years, the compound annual growth rate (CAGR) averaged at 2.05%, reflecting a deceleration in growth but a stable market presence.
Future trends to watch include technological advancements in pharmaceuticals, shifts in health policies, and demographic changes impacting demand. Economic factors and healthcare reforms may also influence market expansion or contraction.
How does Peru rank in Pharmaceutical Goods Market Size Value?
| # | 41 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 3,945,000,000 | 2023 | +1.25% | +1.12% | View data |
| 2 | 2 Germany | 3,201,100,000 | 2023 | -1.13% | -2.07% | View data |
| 3 | 3 France | 2,232,000,000 | 2023 | -2.43% | -2.05% | View data |
| 4 | 4 Italy | 1,865,500,000 | 2023 | -1.63% | -2.55% | View data |
| 5 | 5 United Kingdom | 1,766,700,000 | 2023 | -1.52% | -0.63% | View data |
| 20 | 20 Vietnam | 212,500,000 | 2023 | +3.94% | +6.3% | View data |
| 21 | 21 Greece | 208,340,000 | 2023 | +0.6% | +0.33% | View data |
| 22 | 22 Peru | 199,730,000 | 2023 | +3.01% | +2.05% | |
| 23 | 23 New Zealand | 164,890,000 | 2023 | +4.66% | +2.66% | View data |
| 24 | 24 Romania | 153,390,000 | 2023 | +1.63% | -1.43% | View data |
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