This statistic describes the global pharmaceutical sales in from 2020 to 2024, sorted by regional submarkets. For 2024, total pharmaceutical sales in the United States was estimated to reach around 760 billion U.S. dollars. World pharmaceutical sales by regionThe pharmaceutical industry is best known for manufacturing pharmaceutical drugs which aim to diagnose, cure, treat, or prevent diseases. The pharmaceutical sector represents a huge industry, with the global market being worth around 1.6 trillion U.S. dollars. Among the best known top global pharmaceutical companies are Pfizer, Merck and Johnson & Johnson from the U.S., Novartis and Roche from Switzerland, Sanofi from France, etc. Accordingly, North America and Europe are still among the largest global submarkets for pharmaceuticals. In 2024, the United States was still the largest single pharmaceutical market, generating more than 760 billion U.S. dollars of revenue. Europe was responsible for generating around 280 billion U.S. dollars. These two markets, together with Japan, Canada and Australia, form the so-called established (or developed) markets. The rest of the global pharmaceutical revenue is mainly from emerging markets, which include countries like China, Russia, Brazil and India. In fact, these emerging markets show the fastest increase in pharmaceutical sales. Latin America is the world region with the highest predicted compound annual growth rate until 2028.

Success.ai’s Pharma Data for the Global Pharmaceutical Industry provides a robust dataset tailored for businesses looking to connect with pharmaceutical companies, decision-makers, and key stakeholders worldwide. Covering pharmaceutical manufacturers, research organizations, biotech firms, and distributors, this dataset offers verified SIC codes, firmographic details, and contact information for executives and operational leads.

With access to over 170 million verified professional profiles and 30 million company profiles, Success.ai ensures your outreach, market research, and business development strategies are driven by reliable, continuously updated, and AI-validated data. Supported by our Best Price Guarantee, this solution is essential for navigating the competitive global pharmaceutical landscape.

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2. Comprehensive Coverage of the Global Pharmaceutical Sector

   • Includes profiles of pharmaceutical companies, biotech firms, contract manufacturing organizations (CMOs), and distributors across North America, Europe, Asia, and other major markets.
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   • Real-time updates reflect leadership changes, mergers, product launches, and regulatory compliance shifts.
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Data Highlights:

• 170M+ Verified Professional Profiles: Engage with decision-makers, R&D specialists, and operational leaders in the pharmaceutical industry worldwide.
• 30M Company Profiles: Access detailed firmographic data, including company sizes, revenue ranges, and geographic footprints.
• Verified SIC Codes: Understand industry classifications and product specializations to refine your targeting strategies.
• Leadership Contact Details: Connect with CEOs, COOs, medical directors, and regulatory managers influencing pharmaceutical operations.

Key Features of the Dataset:

1. Decision-Maker Profiles in Pharmaceuticals

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   • Profiles enriched with actionable data allow for personalized messaging, highlight unique value propositions, and improve engagement outcomes with pharmaceutical stakeholders.

Strategic Use Cases:

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   • Offer technology solutions, research tools, or contract services to pharmaceutical manufacturers, R&D facilities, and distribution networks.
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   ...

The global pharmaceutical market has experienced significant growth in recent years. For 2023, the total global pharmaceutical market was estimated at around 1.6 trillion U.S. dollars. This is an increase of over 100 billion dollars compared to 2022.

Global pharmaceutical markets

Globally, the United States is by far the leading market for pharmaceuticals, followed by other developed countries and emerging markets. Emerging markets can include middle and low-income countries such as Brazil, India, Russia, Colombia and Egypt, to name a few. Despite increasing revenues globally, the Latin American region accounts for the lowest share of the global pharmaceutical market’s revenues.

Top pharmaceuticals globally

The top pharmaceutical products sold globally include Humira, Eliquis and Revlimid. Oncology is the op therapeutic area for drug sales globally and it is expected to show the largest growth over the next years. It is followed by drug spending for autoimmune diseases and diabetes. During the height of the COVID-19 pandemic, covid vaccine Comirnaty was the world's top revenue generating pharmaceutical product.

Success.ai’s Company Funding Data for Pharmaceuticals, Biotech & Life Sciences Leaders Globally provides a comprehensive dataset tailored for businesses and investors looking to connect with decision-makers and innovators in these industries. Covering executives, research directors, and investment leads, this dataset includes verified contact details, funding insights, and firmographic data from 70 million businesses worldwide.

With access to over 700 million verified global profiles, Success.ai ensures your outreach, market research, and investment strategies are powered by accurate, continuously updated, and AI-validated data. Supported by our Best Price Guarantee, this solution is indispensable for navigating the fast-evolving biotech, life sciences, and pharmaceutical sectors.

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1. Verified Funding and Contact Data for Precision Engagement

   • Access verified work emails, phone numbers, and LinkedIn profiles of executives, investors, and key decision-makers.
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   • Includes profiles from global pharmaceutical companies, biotech startups, and life sciences research organizations.
   • Gain insights into funding rounds, investment trends, and research initiatives in North America, Europe, and Asia-Pacific.

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   • Real-time updates capture changes in leadership, funding milestones, and business expansions.
   • Stay aligned with evolving market conditions and capitalize on emerging opportunities.

4. Ethical and Compliant

   • Fully adheres to GDPR, CCPA, and other global data privacy regulations, ensuring responsible and lawful data usage.

Data Highlights:

• 700M+ Verified Global Profiles: Engage with professionals and leaders in pharmaceuticals, biotech, and life sciences worldwide.
• 70M Business Profiles: Access detailed firmographic data, including funding histories, revenue ranges, and geographic footprints.
• Funding Insights: Gain visibility into venture capital rounds, private equity investments, and R&D funding allocations.
• Leadership Contacts: Connect with CEOs, CFOs, and research directors driving innovation and business growth.

Key Features of the Dataset:

1. Comprehensive Funding and Leadership Profiles

   • Identify and connect with executives managing investments, R&D initiatives, and financial strategies.
   • Target professionals responsible for securing funding, managing partnerships, and overseeing product development.

2. Advanced Filters for Precision Targeting

   • Filter companies by funding stage (seed, Series A, IPO), industry focus (pharmaceuticals, biotech, life sciences), or geographic location.
   • Tailor campaigns to align with specific business goals, such as securing partnerships or exploring investment opportunities.

3. Global Trends and Investment Insights

   • Leverage data on funding trends, market opportunities, and breakthrough innovations across key regions.
   • Use these insights to refine investment strategies, identify potential partners, or shape product development.

4. AI-Driven Enrichment

   • Profiles enriched with actionable data allow for personalized messaging, highlight unique value propositions, and improve engagement outcomes.

Strategic Use Cases:

1. Investment and Venture Development

   • Identify biotech startups and life sciences companies seeking funding, and build relationships with key stakeholders.
   • Present funding opportunities, venture capital solutions, or strategic investment proposals to decision-makers.

2. Market Research and Competitive Analysis

   • Analyze global funding trends, emerging technologies, and market needs to refine business strategies.
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3. Sales and Partnership Development

   • Engage with pharmaceutical and biotech companies to offer financial tools, R&D solutions, or investment partnerships.
   • Build long-term relationships with companies exploring product commercialization or market expansion.

4. Recruitment and Talent Acquisition

   • Target HR professionals and hiring managers seeking experienced candidates for roles in R&D, finance, or investment management.
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   • Access premium-quality company funding data at competitive prices, ensuring strong ROI for your marketing, research, and investment initiatives.

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This statistic shows the stock price development of selected companies in the pharmaceuticals industry from January 2, 2020 to February 5, 2025. After developing and distributing effective vaccines against COVID-19, the stock values of BioNTech and Moderna increased substantially during this period. Moderna's stock value increased by close to 1,700 percent between January 2020 and October 2021. Similarly, BioNTech saw its highest valuation in August 2021. In comparison, the stock prices of Pfizer and Roche remained rather stable throughout the period considered.

Success.ai’s Prospect Data for Biotechnology & Pharmaceutical Innovators Globally provides a powerful dataset designed to connect businesses with key players driving innovation in the biotech and pharmaceutical industries worldwide. Covering companies engaged in drug development, biotechnology research, and life sciences innovation, this dataset offers verified profiles, professional histories, work emails, and phone numbers of decision-makers and industry leaders.

With access to over 700 million verified global profiles and 30 million company profiles, Success.ai ensures your outreach, market research, and partnership efforts are powered by accurate, continuously updated, and AI-validated data. Supported by our Best Price Guarantee, this solution is indispensable for navigating the fast-evolving biotech and pharmaceutical landscape.

Why Choose Success.ai’s Prospect Data for Biotech and Pharmaceutical Innovators?

1. Verified Contact Data for Industry Professionals

   • Access verified work emails, phone numbers, and LinkedIn profiles of executives, R&D leads, compliance officers, and procurement managers in the biotech and pharmaceutical sectors.
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2. Comprehensive Coverage Across Global Markets

   • Includes profiles of professionals and companies from North America, Europe, Asia-Pacific, and other emerging biotech and pharmaceutical markets.
   • Gain insights into global industry trends, drug development pipelines, and regional innovations.

3. Continuously Updated Datasets

   • Real-time updates capture leadership changes, research breakthroughs, funding activities, and regulatory compliance updates.
   • Stay ahead of market developments and align your strategies with industry dynamics.

4. Ethical and Compliant

   • Adheres to GDPR, CCPA, and other global privacy regulations, ensuring responsible use of data and compliance with legal standards.

Data Highlights:

• 700M+ Verified Global Profiles: Engage with decision-makers, researchers, and executives in biotech and pharmaceutical industries worldwide.
• 30M Company Profiles: Access detailed firmographic data, including revenue ranges, research capacities, and operational footprints.
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• Leadership Contact Information: Connect directly with CEOs, R&D heads, regulatory managers, and other key stakeholders shaping the future of life sciences.

Key Features of the Dataset:

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   • Identify and engage with professionals leading research, clinical trials, supply chains, and compliance efforts.
   • Target individuals responsible for strategic decisions in drug development, technology integration, and regulatory adherence.

2. Advanced Filters for Precision Targeting

   • Filter professionals and companies by industry focus (biotech, generics, vaccines), geographic region, revenue size, or workforce composition.
   • Tailor campaigns to address specific needs, such as drug discovery, manufacturing scalability, or market entry.

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   • Access data on research priorities, product pipelines, and innovation trends across global biotech and pharmaceutical sectors.
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   • Profiles enriched with actionable data enable personalized messaging, highlight unique value propositions, and improve engagement outcomes with industry professionals.

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   • Analyze global trends in biotechnology and pharmaceuticals to guide product innovation and strategic planning.
   • Benchmark against competitors to identify market gaps, emerging niches, and high-growth opportunities.

3. Partnership Development and Licensing

   • Engage with organizations seeking strategic partnerships, co-development opportunities, or licensing agreements for drug development.
   • Foster alliances that drive mutual growth and innovation in life sciences.

4. Regulatory Compliance and Risk Mitigation

   • Connect with compliance officers and legal professionals overseeing regulatory adherence, clinical trials, and product approvals.
   • Offer solutions that simplify compliance reporting, risk management, and quality assurance processes.

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1. Best Price...

Pharmaceuticals in Dosage Market Size Value in Guatemala, 2023 Discover more data with ReportLinker!

China Pharmaceutical: Sales Revenue: Year to Date data was reported at 1,615,180.000 RMB mn in Jun 2022. This records an increase from the previous number of 1,053,300.000 RMB mn for Apr 2022. China Pharmaceutical: Sales Revenue: Year to Date data is updated monthly, averaging 643,313.916 RMB mn from Jan 2002 (Median) to Jun 2022, with 215 observations. The data reached an all-time high of 3,304,930.000 RMB mn in Dec 2021 and a record low of 32,828.985 RMB mn in Feb 2002. China Pharmaceutical: Sales Revenue: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics & YYTJ. The data is categorized under Global Database’s China – Table CN.RTC: Pharmaceutical Industry. Starting from 2019, sales revenue includes income from principal and other business.

Pharmaceuticals in Dosage Market Size Value Per Capita in Madagascar, 2022 Discover more data with ReportLinker!

Pharmaceutical Goods Market Size Value in Kyrgyzstan, 2022 Discover more data with ReportLinker!

This statistic shows the ranking of the global top 10 biotech and pharmaceutical companies worldwide, based on revenue. The values are based on a 2024 database. U.S. pharmaceutical company Pfizer was ranked first, with a total revenue of around 87 billion U.S. dollars. Biotech and pharmaceutical companiesPharmaceutical companies are best known for manufacturing pharmaceutical drugs. These drugs have the aim to diagnose, to cure, to treat, or to prevent diseases. The pharmaceutical sector represents a huge industry, with the global pharmaceutical market being worth over 1.5 trillion U.S. dollars. The best known top global pharmaceutical players are Pfizer, Merck and Johnson & Johnson from the U.S., Novartis and Roche from Switzerland, Sanofi from France, etc. Most of these companies are involved not only in pure pharmaceutical business, but also manufacture medical technology and consumer health products, vaccines, etc. For example, Johnson & Johnson makes most of its revenues through medical devices, diagnostics and consumer health products. There are both pure play biotechnology companies as well as pharmaceutical companies which among other products also produce biotech products within their biotechnological divisions. Most of the leading global pharmaceutical companies have biopharmaceutical divisions. Although not a pure play biotech firm, Roche from Switzerland is among the companies with the largest revenues from biotechnology products worldwide. In contrast, California-based company Amgen was one of the world’s first large pure play biotech companies. Biotech companies use biotechnology to generate their products, most often medical drugs or agricultural genetic engineering. The latter segment is dominated by companies like Bayer CrpScience and Syngenta. The United Nations Convention on Biological Diversity defines biotechnology as follows: "Any technological application that uses biological systems, living organisms, or derivatives thereof, to make or modify products or processes for specific use." In fact, biotechnology is thousands of years old, used in agriculture, food manufacturing and medicine.

Knowledge Management in Pharmaceutical Market size was valued at USD 1.5 Billion in 2023 and is projected to reach USD 2.63 Billion by 2030, growing at a CAGR of 8.00% during the forecast period 2024-2031.

Global Knowledge Management in Pharmaceutical Market Drivers

The market drivers for the Knowledge Management in Pharmaceutical Market can be influenced by various factors. These may include:

• Regulatory Compliance: Businesses in the pharmaceutical industry work in a highly regulated setting. Clinical trial data, medication development records, and regulatory submissions are just a few examples of the vital material that effective knowledge management systems organize and manage to help guarantee regulatory compliance.
• Rapid Technological Advancements: With the introduction of artificial intelligence (AI), big data analytics, and machine learning, the pharmaceutical sector is constantly changing. Knowledge management systems make it easier to integrate and use these technologies to boost innovation, expedite workflows, and enhance decision-making.
• Growing Complexity of Drug Development: The processes involved in developing new drugs are getting more intricate and expensive. Pharmaceutical businesses can expedite drug discovery, development, and commercialization by managing and utilizing large amounts of scientific and clinical data through the use of knowledge management.
• Globalization and Collaboration: When working on drug development initiatives, pharmaceutical corporations frequently collaborate with research groups, universities, and other business partners. Knowledge management systems make collaborative research more efficient by offering a central location for knowledge exchange and access, encouraging creativity, and boosting productivity.
• Growing Significance of Personalized Medicine: Pharmaceutical companies must gather, examine, and handle vast amounts of patient data, genetic data, and clinical results as a result of the shift to personalized medicine. Knowledge management systems facilitate the amalgamation of heterogeneous data sources to bolster personalized medical endeavors, including the identification of biomarkers, patient classification, and the creation of tailored therapeutic approaches. The pharmaceutical sector is characterized by intense competition and cost pressures, as companies strive to get novel drugs to the market in a timely and economical manner. From discovery to commercialization, knowledge management supports pharmaceutical companies in maximizing resources, reducing risks, and enhancing operational effectiveness.
• Risk management and patient safety: It is crucial to guarantee the security and effectiveness of pharmaceutical products. Pharmaceutical businesses use knowledge management systems to monitor post-market surveillance data to maintain patient safety and to identify, assess, and minimize risks related to medication research and manufacturing processes.
• Demand for Evidence-Based Decision Making: In the areas of drug development, regulatory approval, and patient care, stakeholders in the healthcare industry, such as payers, regulators, healthcare providers, and patients, are calling for more and more evidence-based decision-making. Pharmaceutical businesses can produce, evaluate, and share scientific evidence to help educated decisions and enhance patient outcomes by using knowledge management systems.

Pharma Knowledge Management Software Market size was valued at USD 1.23 Billion in 2023 and is projected to reach USD 7.5 Billion by 2031, growing at a CAGR of 15.24% during the forecast period 2024-2031.

Regulatory Compliance: The pharmaceutical industry is highly regulated. Knowledge management software helps organizations comply with FDA, EMA, and other regulatory requirements by ensuring standardized processes and providing comprehensive audit trails.
Data Integration and Accessibility: The need for seamless integration of vast amounts of data from various sources (clinical trials, research data, market analytics) drives the demand for robust knowledge management solutions that ensure data is accessible and easily retrievable.
Innovation and R&D Efficiency: Pharmaceutical companies rely on cutting-edge research and development. Knowledge management software enhances R&D efficiency by facilitating better collaboration, information sharing, and knowledge retention, enabling quicker innovation cycles.
Cost Reduction: By improving the organization, storage, and retrieval of knowledge, these systems help in reducing operational costs, eliminating redundant efforts, and speeding up decision-making processes.
Enhanced Collaboration: Modern knowledge management systems support better collaboration among teams, departments, and even across organizations by providing platforms for sharing insights, research findings, and developments.
Big Data and AI Integration: The growing role of big data and artificial intelligence in drug discovery and development necessitates efficient knowledge management systems to handle and analyze large datasets effectively.
Globalization of the Pharma Industry: The global scope of pharmaceutical operations requires robust knowledge management systems to handle information dissemination across different geographic locations, ensuring standard practices and knowledge sharing worldwide.
Patient-Centric Care: Trends towards personalized medicine and patient-centric care require comprehensive data management systems to manage patient data, research findings, and treatment protocols efficiently.

AI for Pharma and Biotech Market Outlook

The AI for Pharma and Biotech market is experiencing a transformative phase with an anticipated market size of approximately USD 7.5 billion in 2023, projected to soar to USD 25 billion by 2032, exhibiting a robust compound annual growth rate (CAGR) of 14.5%. This remarkable growth can be attributed to several factors, including the increasing need for precision medicine, a surge in healthcare data, and the continuous innovation in AI algorithms and technologies. The integration of artificial intelligence in the pharmaceutical and biotech sectors is revolutionizing the way new drugs are discovered, clinical trials are conducted, and personalized treatment plans are developed, thus driving the market forward.

One of the key growth factors for the AI for Pharma and Biotech market is the rising demand for precision medicine. Precision medicine, which involves tailoring medical treatments to the individual characteristics of each patient, benefits tremendously from AI technologies. By analyzing vast datasets from various sources such as genomic data, electronic health records, and clinical trial data, AI can identify patterns and correlations that are not apparent to human researchers. This enables the development of more effective treatment protocols and drug formulations, leading to improved patient outcomes and reduced healthcare costs. Furthermore, the increasing prevalence of chronic diseases and the need for targeted therapies are accelerating the adoption of AI in the biotech and pharmaceutical sectors.

Another significant driver of market growth is the exponential increase in healthcare data. With the digitization of healthcare systems and the advent of wearable technology, there is an unprecedented amount of data being generated daily. AI technologies, particularly machine learning and data analytics, are essential tools for making sense of this data deluge. These technologies can process and analyze data at a speed and accuracy far beyond human capabilities, providing valuable insights that drive innovations in drug discovery, diagnostics, and patient care. The ability to predict disease outbreaks, optimize clinical trial processes, and streamline drug manufacturing operations are just a few examples of how AI is enhancing the efficiency and effectiveness of the pharma and biotech industries.

In addition to data-driven innovation, the continuous advancement of AI algorithms and technologies also plays a critical role in market growth. Machine learning and deep learning algorithms are becoming increasingly sophisticated, enabling more accurate predictions and faster processing of complex datasets. This technological evolution is supported by the growing investments in AI research and development from both public and private sectors. As AI technologies become more advanced and accessible, their integration into pharmaceutical and biotech processes becomes more seamless, further accelerating market expansion. Companies are increasingly recognizing the potential of AI to not only improve existing processes but also to create new business opportunities and revenue streams.

From a regional perspective, North America currently holds the largest share of the AI for Pharma and Biotech market, driven by the presence of major pharmaceutical companies, a strong technological infrastructure, and significant investments in research and development. Europe follows closely, with increasing government initiatives supporting AI integration in healthcare and a robust biotech industry. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by the rapid pace of digital transformation, increasing healthcare expenditure, and expanding biotech sector. Meanwhile, Latin America and the Middle East & Africa are emerging markets with growing potential, as governments and private entities in these regions increasingly focus on digital healthcare solutions.

Component Analysis

The AI for Pharma and Biotech market is broadly segmented by components, comprising software, hardware, and services. Within this triad, software emerges as a pivotal element, as it forms the backbone of AI applications in drug discovery, clinical trials, and patient management. The software segment is experiencing significant growth due to the increasing adoption of AI platforms and solutions in the pharmaceutical and biotech industries. Advanced algorithms, data analytics tools, and machine learning frameworks are being employed to analyze complex biological data, streamline research processes, and enhance decision-making capabilities. The demand for customized

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Pharmaceutical Contract Manufacturing Market Size 2024-2028

The pharmaceutical contract manufacturing market size is estimated to increase by USD 64.8 billion and grow at a CAGR of 8.1% between 2023 and 2028. The growth of the pharmaceutical market is driven by several key factors, including patent expiration and rising demand for generic drugs, alongside the increasing emphasis on core competencies and robust research funding. However, the market faces challenges such as capacity utilization constraints, the conventional nature of Contract Manufacturing Organizations (CMOs), and stringent regulatory frameworks governing their operations. These elements collectively shape the trajectory of the market, influencing its growth and presenting obstacles that necessitate strategic navigation to ensure sustained development and innovation in pharmaceutical contract packaging. Addressing capacity limitations, transforming the operational landscape of CMOs, and navigating regulatory complexities are imperative for overcoming hurdles and fostering a conducive environment for the pharmaceutical industry's evolution. By leveraging core competencies and research investments, stakeholders can capitalize on emerging opportunities and drive advancements in drug manufacturing while ensuring compliance with evolving regulatory standards.

What will be the Size of the Pharmaceutical Contract Manufacturing Market During the Forecast Period?

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Pharmaceutical Contract Manufacturing Market Segmentation

The pharmaceutical contract manufacturing market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in 'USD Billion' for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.

End-User Outlook

  Big pharmaceutical companies
  Small and medium-sized pharmaceutical companies
  Generic pharmaceutical companies





Service Outlook

  API/bulk drug manufacturing
  Final dosage form
  Secondary packaging





Region Outlook

  North America

    The U.S.
    Canada





  Europe

    U.K.
    Germany
    France
    Rest of Europe





  Asia

    China
    India





  ROW

    Australia
    Argentina
    Rest of the world

By End-user

The market share growth by the big pharmaceutical companies segment will be significant during the forecast period. Big pharmaceutical companies is a term for the world's largest publicly traded pharmaceutical companies. The largest pharmaceutical companies may also have divisions that produce medical equipment. These companies are usually larger than companies that focus on medical devices alone.

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The big pharmaceutical companies segment was valued at USD 56.20 billion in 2018. In this segment, pharmaceutical clients can extend their technical resources by outsourcing to a CMO without incurring more overhead. CMOs have become more significant in the pharmaceutical sector during the past 25 years. Moreover, the big pharmaceutical companies have also been prioritizing their efforts in their core competencies. Hence, they prefer not to use the existing tools, knowledge, and technology when creating the final dose of medications. Instead of producing the formulated drug to remain competitive in the market, pharmaceutical companies had to review their production techniques and R&D operations. This was due to growing competition and narrowing profit margins. Thus, such partnerships between big pharmaceutical companies and CMOs is expected to drive the growth of the global pharmaceutical contract manufacturing market through the big pharmaceutical companies segment during the forecast period.

By Region

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Asia is estimated to contribute 45% to the growth of the global pharmaceutical contract manufacturing market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Another region offering significant growth opportunities to companies is North America. The pharmaceutical contract manufacturing market in North America is experiencing significant growth, driven by increasing demand for cost-effective and efficient drug manufacturing solutions. In recent years, there has been rapid growth in the number of new and innovative drugs entering the market. These drugs are often highly specialized and require specialized manufacturing processes that are not available in-house for pharmaceutical firms. This has led to an increasing dependence on CMOs that have the required expertise and facilities to manufacture these specialized drugs. These factors will fuel

Pharmaceuticals in Dosage Market Size Value Per Capita in Togo, 2021 Discover more data with ReportLinker!

Pharmaceuticals in Dosage Market Size Value in Armenia, 2021 Discover more data with ReportLinker!

The top 50 pharmaceutical companies by prescription sales in 2023 – and their research and development (R&D) spending – included big names such as Johnson & Johnson, Novartis, and AbbVie. During that year, Johnson & Johnson's Rx sales were approximately 53.5 billion U.S. dollars. Thus, the American pharma giant was both the largest pharmaceutical company based on pure pharma revenue worldwide and the second ranked pharmaceutical company based on R&D spending. Johnson & Johnson spent 14.8 billion U.S. dollars on R&D in that year.

Pharmaceutical R&D spending Research and development in the pharmaceutical industry involves the identification and development of compounds used to make new drugs. The pharmaceutical industry has the largest percentage of spending attributable to R&D among all industries. Research and development spending in the pharmaceutical industry around the world is increasing over time. However, there have been variations in the growth of research and development spending with a peak during the pandemic years 2020 and 2021.

New pharmaceutical products The goal of R&D is to produce new drugs and compounds. Globally, the U.S. pharmaceutical industry created the largest number of new drugs and compounds between 2018 and 2022, followed by Europe. Among U.S. pharmaceutical companies, there are various levels of success for new drugs depending on the phase of development. The data shows that between phase I and II alone, already over half of all drugs are failing.

Pharmaceuticals in Dosage Market Size Value in Uruguay, 2023 Discover more data with ReportLinker!

GlobalData's “Partnerships, Licensing, Investments and M&A Deals and Trends for March 2020 in Pharmaceuticals” report is an essential source of data and trend analysis on partnerships, licensing, mergers and acquisitions (M&As) and financings in the pharmaceuticals industry. The report provides detailed information on partnership and licensing transactions, M&As, equity/debt offerings, private equity, and venture financing registered in the pharmaceuticals industry in March 2020. The report portrays detailed comparative data on the number of deals and their value in the last six months, subdivided by deal types, various therapy areas, and geographies. Additionally, the report provides information on the top financial advisory firms in the pharmaceuticals industry.
Data presented in this report is derived from GlobalData’s proprietary in-house Pharma Intelligence Center deals database and primary and secondary research. Read More