Pharmaceutical market value in Europe by country 2021

This statistic displays the pharmaceutical industry's market value in Europe by selected countries in 2021. The pharmaceutical market in Denmark was valued around 3.4 billion euros in that year. Germany was the top-ranked pharmaceutical market in Europe during that year with a value of some 47.6 billion euros.

Pharmaceutical market value in selected European countries in 2021 (in million euros)

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Release date

2023

More information

Region

Europe

Survey time period

2021

Supplementary notes

EFPIA: European Federation of Pharmaceutical Industries and Associations
Includes medicinal products as defined by Directive 2001/83/EEC.
Figures represent pharmaceutical sales, at ex-factory prices, through all distribution channels (pharmacies, hospitals, dispensing doctors, supermarkets, etc.), whether dispensed on prescription or at the patient’s request. Sales of veterinary medicines are excluded.
Cyprus, Denmark, Finland, Iceland, Latvia, Lithuania, Norway, Russia, Slovenia, Sweden: pharmaceutical market value at pharmacy purchasing prices.
Belgium, France, Germany, Ireland, Italy, Norway, Spain, United Kingdom: estimates.

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