North America is projected to stay by far the largest regional pharmaceutical market in 2027, with an estimated medicine spending between 790 and 820 billion U.S. dollars. China established itself as the second-largest national market, behind the United States.
Pharmaceutical market forecast for 2027, by world region
(in billion U.S. dollars)
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IQVIA. (January 31, 2023). Pharmaceutical market forecast for 2027, by world region (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1375054/pharmaceutical-market-forecast-by-world-region/
IQVIA. "Pharmaceutical market forecast for 2027, by world region (in billion U.S. dollars)." Chart. January 31, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1375054/pharmaceutical-market-forecast-by-world-region/
IQVIA. (2023). Pharmaceutical market forecast for 2027, by world region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1375054/pharmaceutical-market-forecast-by-world-region/
IQVIA. "Pharmaceutical Market Forecast for 2027, by World Region (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jan 2023, https://www.statista.com/statistics/1375054/pharmaceutical-market-forecast-by-world-region/
IQVIA, Pharmaceutical market forecast for 2027, by world region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1375054/pharmaceutical-market-forecast-by-world-region/ (last visited November 05, 2024)
Pharmaceutical market forecast for 2027, by world region (in billion U.S. dollars) [Graph], IQVIA, January 31, 2023. [Online]. Available: https://www.statista.com/statistics/1375054/pharmaceutical-market-forecast-by-world-region/