Conor Stewart
Research expert covering health & pharmaceuticals in the UK & Europe
Get in touch with us nowExpenditure on pharmaceutical products in the United Kingdom 2005-2019
Consumers in the United Kingdom (UK) spent approximately 10.7 billion British pounds on pharmaceutical products in 2019. Since 2005 consumer spending in this market has more than doubled and increased year-on-year in the provided time interval aside from a small drop in 2015.
What is the British public purchasing?
The OTC medicine category which garnered the highest sales value in 2017/18 was pain relief at 566.5 million British pounds. While cough, cold and sore throat medication had a sales value of approximately 460 million British pounds over the same period. However, the sales value of pain relief products has remained stable over the same time period when spending was increasing on pharmaceutical products.
Import of pharmaceutical products into the UK
In 2017, the UK imported over 23 billion British pounds worth of pharmaceutical products from the rest of the European Union. The Netherlands had the highest value of pharmaceutical products imported into the UK, followed by Germany and then Belgium.
What is the British public purchasing?
The OTC medicine category which garnered the highest sales value in 2017/18 was pain relief at 566.5 million British pounds. While cough, cold and sore throat medication had a sales value of approximately 460 million British pounds over the same period. However, the sales value of pain relief products has remained stable over the same time period when spending was increasing on pharmaceutical products.
Import of pharmaceutical products into the UK
In 2017, the UK imported over 23 billion British pounds worth of pharmaceutical products from the rest of the European Union. The Netherlands had the highest value of pharmaceutical products imported into the UK, followed by Germany and then Belgium.
