Pharmaceuticals Market Industry Trends And Emerging Opportunities Till 2030

Posted by ramacharitbrc on September 17th, 2021

Pharmaceuticals Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the pharmaceuticals industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected pharmaceuticals market growth numbers 2021-2030.

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The Pharmaceuticals Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global pharmaceuticals market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Pharmaceuticals Global Market Report 2021 covers pharmaceuticals market drivers, pharmaceuticals market trends, pharmaceuticals market growth rate, pharmaceuticals market major players, player-adopted strategies in the market, and pharmaceuticals market size.

The global pharmaceuticals market is expected to grow from 28.45 billion in 2020 to 50.24 billion in 2021 at a compound annual growth rate (CAGR) of 1.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach 00.97 billion in 2025 at a CAGR of 8%.

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The report covers the pharmaceuticals market segments-
1) By Type: Pharmaceutical Drugs, Biologics

2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies/ Drug Stores, Others

3) By Route Of Administration: Oral, Parenteral, Others

4) By Drug Classification: Branded Drugs, Generic Drugs

5) By Mode Of Purchase: Prescription-Based Drugs, Over-The-Counter Drugs

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