In 2022, the growth rate of Brazil’s pharmaceutical market stood at nearly 18 percent, which was significant higher than of any other leading national pharmacetical market. China, on the other hand, was the only country among these countries showing an actual decrease of the market.
Pharma companies in Brazil
ACHE, which is a Brazilian-owned corporation founded in 1966, was the leading pharmaceutical company in Brazil in 2021, with a revenue of roughly 4.84 billion Brazilian reals (just over one billion U.S. dollars). Around half of the top ten companies were domestic and included enterprises, such as Eurofarma, Neo Quimica, Libbs, and Mantecorp Farmasa.
Pharmaceutical R&D
Global pharmaceutical research and development expenditures in 2022 came to a total of 238 billion U.S. dollars. By 2028, R&D spending is expected to exceed 280 billion U.S. dollars, with pharmaceutical companies Roche and Johnson & Johnson being among the top leading companies.
Growth rate of top 10 national pharmaceutical markets worldwide in 2022
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Growth rate
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IQVIA. (May 30, 2023). Growth rate of top 10 national pharmaceutical markets worldwide in 2022 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/
IQVIA. "Growth rate of top 10 national pharmaceutical markets worldwide in 2022." Chart. May 30, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/
IQVIA. (2023). Growth rate of top 10 national pharmaceutical markets worldwide in 2022. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/
IQVIA. "Growth Rate of Top 10 National Pharmaceutical Markets Worldwide in 2022." Statista, Statista Inc., 30 May 2023, https://www.statista.com/statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/
IQVIA, Growth rate of top 10 national pharmaceutical markets worldwide in 2022 Statista, https://www.statista.com/statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/ (last visited September 01, 2024)
Growth rate of top 10 national pharmaceutical markets worldwide in 2022 [Graph], IQVIA, May 30, 2023. [Online]. Available: https://www.statista.com/statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/