The Pharmaceuticals Global Market Report 2020-30 by The Business Research Company describes and explains the global Pharmaceuticals market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Pharmaceuticals Global Market Report 2021 covers Pharmaceuticals market drivers, Pharmaceuticals market trends, Pharmaceuticals market segments, Pharmaceuticals market growth rate, Pharmaceuticals market major players, and Pharmaceuticals market size.
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The Pharmaceuticals market report provides an in-depth analysis of the impact of COVID-19 on the global Pharmaceuticals industry, along with revised market numbers due to the effects of the coronavirus and the expected Pharmaceuticals market growth numbers 2021-2030.
Pharmaceuticals Global Market Report 2021 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 of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global pharmaceuticals market reached a value of nearly $1,217.1 billion in 2019, having increased at a compound annual growth rate (CAGR) of 6.7% since 2015. The market is expected to decline from $1,217.1 billion in 2019 to $1,209.6 billion in 2020 at a rate of -0.6%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8.5% from 2021 and reach $1,738.2 billion in 2023. The market is expected to reach $2,050.9 billion in 2025, and $3,206.3 billion in 2030.
The report covers the Pharmaceuticals market’s segments-
1) By Type – Pharmaceutical Drugs, Biologics.
2) By Type Of Pharmaceutical Drugs: Cardiovascular Drugs, Dermatology Drugs, Gastrointestinal Drugs, Genito-Urinary Drugs, Hematology Drugs, Anti-Infective Drugs, Metabolic Disorder Drugs, Musculoskeletal Disorder Drugs, Central Nervous System Drugs, Oncology Drugs, Ophthalmology Drugs, Respiratory Diseases Drugs.
3) By Type Of Biologics Drugs: Monoclonal Antibodies (MAbs), Therapeutic Proteins, Vaccines.
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