Total pharmaceutical sales numbers in North America are projected to amount to some 992 billion U.S. dollars in 2027, making it the regional submarket with the highest global pharma sales by far.
Pharmaceutical spending and product revenue
In 2027, the United States is projected to spend between 685 and 715 billion U.S. dollars on medicine, making it the country with the highest pharmaceutical spending by far. China, which is estimated to be in second place, has a maximum projected expenditure estimate of 190 billion U.S. dollars for that year. The top pharmaceutical products for 2026 are expected to be Keytruda, Opdivo, and Eliquis, respectively. Keytruda by Merck & Co is forecast to generate almost 27 billion U.S. dollars in revenue in 2026.
Chemical and biological substances
Given that U.S. pharmaceutical R&D expenditures are the highest in the world, it comes to no surprise that the United States produces the largest volume of new chemical or biological entities each year. Between 2018 and 2022, American companies introduced a total of 159 new chemical or biological substances. Within the same period, Europe introduced 74 new entities.
Projected global pharmaceutical sales for 2027, by region
(in billion U.S. dollars)
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Projected global pharmaceutical sales for 2027, by region
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AstraZeneca. (February 20, 2024). Projected global pharmaceutical sales for 2027, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 17, 2025, from https://www.statista.com/statistics/299694/world-pharmaceutical-sales-by-region-forecast/
AstraZeneca. "Projected global pharmaceutical sales for 2027, by region (in billion U.S. dollars)." Chart. February 20, 2024. Statista. Accessed February 17, 2025. https://www.statista.com/statistics/299694/world-pharmaceutical-sales-by-region-forecast/
AstraZeneca. (2024). Projected global pharmaceutical sales for 2027, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 17, 2025. https://www.statista.com/statistics/299694/world-pharmaceutical-sales-by-region-forecast/
AstraZeneca. "Projected Global Pharmaceutical Sales for 2027, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/299694/world-pharmaceutical-sales-by-region-forecast/
AstraZeneca, Projected global pharmaceutical sales for 2027, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/299694/world-pharmaceutical-sales-by-region-forecast/ (last visited February 17, 2025)
Projected global pharmaceutical sales for 2027, by region (in billion U.S. dollars) [Graph], AstraZeneca, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/299694/world-pharmaceutical-sales-by-region-forecast/
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