Global Total Pharmaceutical Sales by Country in 2024 gives insight into the pharmaceutical market's size and trends. The United Kingdom ($33.82B) and Canada ($33.7B) lead in sales, followed by Croatia ($27.98B) showing the highest year-on-year variation of 13.16% in 2023. Australia ($12.92B) and Sweden ($6.97B) also reflect notable sales figures with stable growth. Other countries, including Chile ($6.69B), Austria ($5.34B), and Finland ($3.77B), exhibit moderate increases. Smaller markets like Ireland ($3.51B), New Zealand ($1.41B), and Estonia ($0.8105B) are growing but at a slower pace.
Trends to watch:
- Increasing global emphasis on healthcare access and innovations could drive higher pharmaceutical sales.
- Technology advancements in drug discovery and precision medicine are expected to continue influencing market growth.
- Changing regulations and policies in different countries might impact future growth distributions.
- Emerging markets could play a significant role in diversifying global pharmaceutical sales.
Top countries in Total Pharmaceutical Sales by Country
# | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 33,820 | 2023 | +2.5% | +2.61% | View data |
2 | 2 Canada | 33,700 | 2023 | +5.78% | +5.85% | View data |
3 | 3 Croatia | 27,980 | 2023 | +10.3% | +13.16% | View data |
4 | 4 Australia | 12,920 | 2023 | +4.01% | +4.97% | View data |
5 | 5 Sweden | 6,970 | 2023 | +4.56% | +5.26% | View data |
6 | 6 Chile | 6,690 | 2023 | +3.85% | +2.9% | View data |
7 | 7 Austria | 5,340 | 2023 | +4.24% | +4.91% | View data |
8 | 8 Finland | 3,770 | 2023 | +4.42% | +5.17% | View data |
9 | 9 Ireland | 3,510 | 2023 | +3.3% | +4.19% | View data |
10 | 10 New Zealand | 1,410 | 2023 | +6.82% | +9.42% | View data |