Top global pharmaceutical markets: growth rate 2022

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.