Prescription Drugs: market data & analysis

Market Insights report

Prescription Drugs: market data & analysis

The Prescription Drugs market of the Pharmacies market was valued at 990.6 billion USD in 2022 and expected to grow steadily with a CAGR of 1.89% between 2023 and 2028. This market comprises prescription pharmaceuticals and prescription medical products. Excluded are OTC pharmaceuticals, OTC medical products and pharmacy-usual items.


What's included:

  • Market Definition
  • All relevant sales figures and growth rates, including forecasts until 2028
  • Regional comparison with focus on Europe, Americas, Asia, Africa and Australia & Oceania

Table of contents

Prescription Drugs is the largest market of the Pharmacies market. It was valued at US$990 billion in 2022 and expected to grow steadily with a CAGR of 1.89% between 2023 and 2028. The market is dominated by a handful of large pharmaceutical companies that offer high-priced drugs. This report gives an overview on prescription drugs sold in pharmacies from an international perspective. Besides all relevant market figures like total revenues for the years from 2016 to 2028, we furthermore give detailed insights into current trends and important background information on the Prescription Drugs market. The United States (US$330.30 billion) and China (US$136.1 billion) accounted for the highest revenues within the Prescription Drugs market in 2022.

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