Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

World pharmaceutical market: changes in revenue by region 2017

Change in revenue on the global pharmaceutical market in 2017, by region

by Matej Mikulic, last edited Jan 3, 2019
World pharmaceutical market: changes in revenue by region 2017 This statistic shows the change in revenue on the global pharmaceutical market in 2017, by region. In that year, the Latin American pharmaceutical market reported a growth of seven percent compared to the previous year.
Global pharmaceutical market

The pharmaceutical market has experienced the largest changes in Latin America. The North American industry garnered a two percent increase in revenue from 2016 to 2017 while the EU’s revenues increased by three percent. Emerging markets consist of 21percent of the industry’s market value in 2016 in comparison to only 13 percent in 2006. Countries like China are rapidly reforming the medical industry. China’s five year plan (2011-2015) intends to overhaul the health care system and increase insurance coverage. Government stimulus, increased health awareness, and improved R&D capabilities are driving China’s pharmaceutical industry growth. An increasingly large as well as aging population has also helped to expand the healthcare system. The country generated some 122 billion U.S. dollars in pharmaceutical industry revenue in 2017. The pharmaceutical industry in countries like China has many opportunities that are conducive to its growth.

In 2017, the North American pharmaceutical market generated 416 billion euros in revenue while Asia, Africa and Australasia, collectively, account for 219 billion euros in total. Currently, the global pharmaceutical industry is worth over 1.1 trillion U.S. dollars in market value.
Show more

Change in revenue on the global pharmaceutical market in 2017, by region

Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "Pharmaceutical trends in Europe"
  • Overview
The most important statistics
  • European Pharmaceutical companies
  • Self-medication market
  • Employment
  • Clinical Trials
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.