Revenue of pharma companies in Brazil in 2021
revenue of the pharmaceutical market in Brazil reached more than 146 billion reals in 2021, a value that has been constantly increasing since 2015.
Brazil in the global pharmaceutical market
Brazil was among the leading pharmaceutical markets worldwide in 2021, with a market share of around 2.2 percent. As of 2017, the market was mostly dominated by sales of new medicines and biologicals, which comprised approximately 46 percent of the total revenue that year. Generic drugs, in comparison, accounted for around 13.2 percent of the total sales in 2017.
Brazilian pharmaceutical industry
The manufacturing industry is one of the main sectors of Brazil’s economy, and makes up approximately 9.65 percent of the country’s gross domestic product as of 2021. The pharmaceutical segment is no exception: with a production value of more than 50 billion Brazilian reals in 2020, the drug production market employed almost 197 thousand people that same year. For instance, only in the wholesale segment, the pharma sector was responsible for 11.37 billion Brazilian reals spent on salaries and remuneration.
The Brazilian company Eurofarma Laboratórios S.A. was the leading pharmaceutical company in Brazil in 2021, with a revenue of around 5.33 billion Brazilian reals. EMS Pharma S.A. ranked second with a revenue of about 5.12 billion reals. The total Brazil in the global pharmaceutical market
Brazil was among the leading pharmaceutical markets worldwide in 2021, with a market share of around 2.2 percent. As of 2017, the market was mostly dominated by sales of new medicines and biologicals, which comprised approximately 46 percent of the total revenue that year. Generic drugs, in comparison, accounted for around 13.2 percent of the total sales in 2017.
Brazilian pharmaceutical industry
The manufacturing industry is one of the main sectors of Brazil’s economy, and makes up approximately 9.65 percent of the country’s gross domestic product as of 2021. The pharmaceutical segment is no exception: with a production value of more than 50 billion Brazilian reals in 2020, the drug production market employed almost 197 thousand people that same year. For instance, only in the wholesale segment, the pharma sector was responsible for 11.37 billion Brazilian reals spent on salaries and remuneration.