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Global Market Overviewed 1
Global Market Overviewed 1
Global Market Overviewed 1
5,3%
Compound annual growth rate (CAGR)
32,41% 30,26%
North Europe
America 28,17%
Asia
1,21%
Sub
Saharia
The global pharmaceutical market reached a value of 1185 USD n
bn in 2018.
Compared to previous years we notice a certain balance is being 5,14%
established between North America, Europe and Asia. Latin
America
Sales in the MENA region also increased, reaching a historical
2,82% during the year 2018.
Growth in the market is majorly attributed to the launch of novel
therapies, expansion of existing therapies, market expansion in
emerging countries and growth of the ageing population in the
developed countries
Sources: IQVIA report, pharmaboardroom
Sunday, November 29, 2020 Pricing and Market Landscape in MENA Page 1