World Pharmaceutical Market

World pharmaceutical market is worth US$300 billion a year, a figure expected to rise to US$400 billion within three years. The pharmaceutical industry is responsible for the development, production and marketing of medications. Thus, its immense importance as a global sector is evident. More than any other industry, the pharmaceutical sector is highly dependent on its research and development segment. Pharmaceutical companies invest 20 percent and more of their revenues in R&D measures. The United States is a traditional stronghold of pharmaceutical innovation.
 
The worldwide revenue of the pharmaceutical market from 2001 to 2014 was around 390.2 billion U.S. dollars. Ten years later, this figure stood at almost one trillion U.S. dollars. In 2008, global pharmaceutical revenue came to some 712 billion U.S. dollars based on quarterly exchange rates. Six years later, total revenues of the pharmaceutical market stood at almost 940 billion U.S. dollars worldwide.

    Related Conference of World Pharmaceutical Market

    January 29-30, 2026

    19th World Drug Delivery Summit

    Paris, France
    February 10-11, 2026

    40th World Congress on Pharmacology and Therapeutics

    Barcelona, Spain
    February 23-24, 2026

    3rd World Congress on Biologics and Biosimilars

    London, UK
    March 23-24, 2026

    36th Annual European Pharma Congress

    London, UK
    March 24-25, 2026

    11th International Conference on Future Pharma and Innovations

    Amsterdam, Netherlands
    April 16-17, 2026

    19th European Biosimilars Congress

    Rome, Italy
    April 27-28, 2026

    9th European Biopharma Congress

    Paris, Aland Islands
    May 28-29, 2026

    3rd International Conference on Pharmacognosy

    Madrid, Spain
    July 27-28, 2026

    39th World Congress on Pharmacology

    Rome, Italy
    September 24-25, 2026

    6th World Congress on Rare Diseases & Orphan Drugs

    Paris, France
    November 26-27, 2026

    5th World Congress on Precision and Personalized Medicine

    Zurich, Switzerland
    November 26-27, 2026

    5th World Conference on Pharma Industry and Medical Devices

    Zurich, Switzerland

    World Pharmaceutical Market Conference Speakers

      Recommended Sessions

      Related Journals

      Are you interested in