Pharmaceutical Drugs Global Market Report 2023

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Pharmaceutical Drugs Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Pharmaceutical Drugs Market Segments
The Business Research Company segments its
pharmaceutical drugs market report as
Cardiovascular Drugs, Dermatology Drugs,
Gastrointestinal Drugs, Genito-Urinary Drugs,
Hematology Drugs, Anti-Infective Drugs
By Type
By Distribution Channel
Hospital Pharmacies, Retail Pharmacies/ Drug
Stores, Other Distribution Channels
By Route Of Administration
Oral, Parenteral, Other Route Of Administration
By Drug Classification
By Industry
Branded Drugs, Generic Drugs
By Industry
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Market Statistics
The global pharmaceutical drugs market size is
expected to grow from 1,136.23 billion in 2022
to 1,199.86 billion in 2023 at a compound annual
growth rate (CAGR) of 5.6. The market size of
global pharmaceutical drugs market is expected to
reach 1,848.49 billion in 2027 at a CAGR of
11.4.
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Key Market Drivers And Trends
Drivers
The rise in sedentary jobs, busy lifestyles, and
changing consumer preferences are affecting the
disease profile of the world population,
especially non-communicable diseases such as
cancer, diabetes, and cardiovascular diseases.
Trends
Early Rx-to-OTC switch, or switching the product
from prescription to non-prescription status, is
a key trend in the dermatology drugs market.
Region
North America was the largest region in
pharmaceutical drugss market. The regions covered
in the global pharmaceutical drugs market report
are Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the pharmaceutical drugs market
  are
• Bristol-Myers Squibb
• Sanofi S.A
• Johnson Johnson
• Novartis AG
• Bayer AG
• And more.

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