World pharmaceutical market distribution by submarket 2014-2018
Distribution of the total global pharmaceutical market sales from 2014 to 2018, by submarket*
This statistic shows the distribution of the total global pharmaceutical market sales from 2014 to 3rd quarter of 2018, by submarket. In 2015, the U.S. pharmaceutical market generated some 46 percent of total global market sales.
Global pharmaceutical market
In 2006, the United States pharmaceutical market accounted for half of the world’s market, with other established markets only accounting for about 37 percent. More recently, the gap between the American market and other markets has shrunk. In 2018, the U.S. market accounted for 47 percent, emerging markets accounted for 21 percent, and Europe totaled 20 percent of the global pharmaceutical market.
Revenue generated by the pharmaceutical market has continued to rise in North America, generating almost 490 billion U.S. dollars in 2017. The Asian, African, and Australasian market has experienced even larger growth, from 172 billion euros in 2010 to nearly 260 billion dollars in 2017.
In the United States, the pharmaceutical market makes up a small part of overall healthcare spending. Growth in drug expenditures in the United States has also slowed likely due to increased costs for consumers, new generic medication, conversion to over the counter drugs, and safety concerns. A large portion of pharmaceutical expenditure is dedicated to oncologics, respiratory agents, lipid regulators, antidiabetics, and antipsychotics. The world’s pharmaceutical market reached some 1.14 trillion U.S. dollars of revenue in 2017.
Distribution of the total global pharmaceutical market sales from 2014 to 2018, by submarket*
Source
More information
Other statistics on the topic
Global Pharmaceutical Industry
Statistics on "Global pharmaceutical industry"
Discover Statista
Need help with using Statista for your research?
Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Statistics
- Italy: operating result of pharmaceutical companies 2015-2017
- Pharma revenue share worldwide 2017, by country
- Celltrion sales revenue South Korea 2013-2017
- Pharmaceutical sales worldwide 2007-2018
- Pharma revenue share forecast worldwide for 2060, by country
- Italy: net result of pharmaceutical companies 2015-2017
- Members of EFPIA's pharmaceutical market value 1990-2018
- Italy: value added of pharmaceutical companies 2015-2017
- World pharmaceutical select subsector value share 2017
- Pharmaceutical expenditure forecast worldwide by country 2030
- Market revenue from type 2 diabetes pharmaceuticals by region 2012-2022
- Global pharmaceutical market revenue 2015 vs. 2020, by world region
- Regional pharmaceutical market revenue worldwide 2017
- Pharmerging market CAGR by country 2012-2017
- Total worldwide prescription drug revenue - projection 2018-2024
- Import value of medical instruments to GCC 2011-2015
- Pharmaceutical market breakdown in South Africa 2015
- Import value of pharmaceutical drugs from Saudi Arabia to GCC 2011-2015
- Value of pharmaceutical sales in Luxembourg 2000-2017
- Oral prescription acne drug market share in the United States 2015, by brand
Statistics on "Global pharmaceutical industry"
Related topics
About Statista
