The pharmaceutical goods market in Denmark demonstrated variability from 2012 through 2022. The market value peaked in 2012 at $190.71 million, followed by a significant decline across the subsequent years, bottoming out in 2017. A slight recovery is noted between 2016 and 2021 with 2020 and 2021 showcasing modest positive year-on-year growth. However, 2022 saw another retreat with a notable year-on-year decrease of 9.75%. The Compound Annual Growth Rate (CAGR) over the last five years indicates an average annual variation of just 0.73%. The market value in 2023 stands as the immediate point of interest in understanding the consistency of these trends.
Future trends to watch for include the impact of innovative pharmaceutical developments, shifts in healthcare policies, and the potential influence of global market dynamics on Denmark’s pharmaceutical sector. Monitoring these factors will be crucial for assessing the market’s trajectory and identifying opportunities for growth or risk mitigation.
| # | 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 |
| 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 |
| 25 | 25 Denmark | 132,510,000 | 2023 | -2.48% | -2.48% | |
| 26 | 26 Slovakia | 126,140,000 | 2023 | +6.61% | +7.65% | View data |
| 27 | 27 Finland | 126,140,000 | 2023 | -7.99% | -5.89% | View data |
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