Manufacture of pharmaceutical preparations revenue in Denmark 2010-2022

Over time, Denmark has emerged as one the European leaders in drug developments, backed by strong research and development activity, growing investments by foreign companies and emergence of several domestic companies manufacturing pharmaceutical products. Therefore, it isn’t surprising to see that revenues of the pharmaceutical preparations industry are projected to grow over two-fold, from 8.5 billion U.S. dollars in 2010 to 18.7 billion U.S. dollars by 2022. Novo Nordisk is the leading pharmaceutical company in the country, specialising in the treatment of diabetes, with products such as diabetes pens and needles. It is also the largest employer amongst all pharmaceutical companies, with a workforce of over 40,000 in 2018. H.Lundbeck and Leo Pharma are some of the other large manufacturers headquartered in the country.

Expenditure is highest on inpatient care pharmaceuticals

In 2018, inpatient care pharmaceuticals accounted for the highest share of the total pharmaceutical spending in Denmark, at 48 percent. Prescription pharmaceuticals composed the second largest share, amounting to 43 percent.

Manufacture of pharmaceutical preparations revenue in Denmark from 2010 to 2022

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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

The industry classification is based on the NACE Rev. 2 - system in Denmark. The industry “manufacture of pharmaceutical preparations“ has the code “C212“.

Details on the methodology can be found here.

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