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Prescription Drugs-Global Market Insights and Sales Trends 2025
Synopsis
A medication (also referred to as medicine, pharmaceutical drug, or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and relies on the science of pharmacology for continual advancement and on pharmacy for appropriate management.
The global Prescription Drugs market size is expected to reach US$ 1275970 million by 2029, growing at a CAGR of 5.0% from 2023 to 2029. The market is mainly driven by the significant applications of Prescription Drugs in various end use industries. The expanding demands from the Hospital, Clinic and Other, are propelling Prescription Drugs market. Brand Drugs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Generic Drug segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Prescription Drugs, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Prescription Drugs market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Prescription Drugs market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Prescription Drugs sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Prescription Drugs covered in this report include Pfizer, Roche, Sanofi, Johnson & Johnson, Merck & Co. (MSD), Novartis, AbbVie, Gilead Sciences and GlaxoSmithKline (GSK), etc.
The global Prescription Drugs market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Pfizer
Roche
Sanofi
Johnson & Johnson
Merck & Co. (MSD)
Novartis
AbbVie
Gilead Sciences
GlaxoSmithKline (GSK)
Amgen
AstraZeneca
Bristol-Myers Squibb
Eli Lilly
Teva
Bayer
Novo Nordisk
AbbVie
Takeda
Boehringer Ingelheim
Takeda
Global Prescription Drugs market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Prescription Drugs market, Segment by Type:
Brand Drugs
Generic Drug
Global Prescription Drugs market, by Application
Hospital
Clinic
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Prescription Drugs companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
A medication (also referred to as medicine, pharmaceutical drug, or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and relies on the science of pharmacology for continual advancement and on pharmacy for appropriate management.
The global Prescription Drugs market size is expected to reach US$ 1275970 million by 2029, growing at a CAGR of 5.0% from 2023 to 2029. The market is mainly driven by the significant applications of Prescription Drugs in various end use industries. The expanding demands from the Hospital, Clinic and Other, are propelling Prescription Drugs market. Brand Drugs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Generic Drug segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Prescription Drugs, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Prescription Drugs market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Prescription Drugs market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Prescription Drugs sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Prescription Drugs covered in this report include Pfizer, Roche, Sanofi, Johnson & Johnson, Merck & Co. (MSD), Novartis, AbbVie, Gilead Sciences and GlaxoSmithKline (GSK), etc.
The global Prescription Drugs market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Pfizer
Roche
Sanofi
Johnson & Johnson
Merck & Co. (MSD)
Novartis
AbbVie
Gilead Sciences
GlaxoSmithKline (GSK)
Amgen
AstraZeneca
Bristol-Myers Squibb
Eli Lilly
Teva
Bayer
Novo Nordisk
AbbVie
Takeda
Boehringer Ingelheim
Takeda
Global Prescription Drugs market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Prescription Drugs market, Segment by Type:
Brand Drugs
Generic Drug
Global Prescription Drugs market, by Application
Hospital
Clinic
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Prescription Drugs companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Prescription Drugs
1.1 Prescription Drugs Market Overview
1.1.1 Prescription Drugs Product Scope
1.1.2 Prescription Drugs Market Status and Outlook
1.2 Global Prescription Drugs Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Prescription Drugs Market Size by Region (2018-2029)
1.4 Global Prescription Drugs Historic Market Size by Region (2018-2023)
1.5 Global Prescription Drugs Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Prescription Drugs Market Size (2018-2029)
1.6.1 North America Prescription Drugs Market Size (2018-2029)
1.6.2 Europe Prescription Drugs Market Size (2018-2029)
1.6.3 Asia-Pacific Prescription Drugs Market Size (2018-2029)
1.6.4 Latin America Prescription Drugs Market Size (2018-2029)
1.6.5 Middle East & Africa Prescription Drugs Market Size (2018-2029)
2 Prescription Drugs Market by Type
2.1 Introduction
2.1.1 Brand Drugs
2.1.2 Generic Drug
2.2 Global Prescription Drugs Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Prescription Drugs Historic Market Size by Type (2018-2023)
2.2.2 Global Prescription Drugs Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Prescription Drugs Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Prescription Drugs Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Prescription Drugs Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Prescription Drugs Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Prescription Drugs Revenue Breakdown by Type (2018-2029)
3 Prescription Drugs Market Overview by Application
3.1 Introduction
3.1.1 Hospital
3.1.2 Clinic
3.1.3 Other
3.2 Global Prescription Drugs Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Prescription Drugs Historic Market Size by Application (2018-2023)
3.2.2 Global Prescription Drugs Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Prescription Drugs Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Prescription Drugs Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Prescription Drugs Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Prescription Drugs Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Prescription Drugs Revenue Breakdown by Application (2018-2029)
4 Prescription Drugs Competition Analysis by Players
4.1 Global Prescription Drugs Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Prescription Drugs as of 2022)
4.3 Date of Key Players Enter into Prescription Drugs Market
4.4 Global Top Players Prescription Drugs Headquarters and Area Served
4.5 Key Players Prescription Drugs Product Solution and Service
4.6 Competitive Status
4.6.1 Prescription Drugs Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Pfizer
5.1.1 Pfizer Profile
5.1.2 Pfizer Main Business
5.1.3 Pfizer Prescription Drugs Products, Services and Solutions
5.1.4 Pfizer Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.1.5 Pfizer Recent Developments
5.2 Roche
5.2.1 Roche Profile
5.2.2 Roche Main Business
5.2.3 Roche Prescription Drugs Products, Services and Solutions
5.2.4 Roche Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.2.5 Roche Recent Developments
5.3 Sanofi
5.3.1 Sanofi Profile
5.3.2 Sanofi Main Business
5.3.3 Sanofi Prescription Drugs Products, Services and Solutions
5.3.4 Sanofi Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.3.5 Johnson & Johnson Recent Developments
5.4 Johnson & Johnson
5.4.1 Johnson & Johnson Profile
5.4.2 Johnson & Johnson Main Business
5.4.3 Johnson & Johnson Prescription Drugs Products, Services and Solutions
5.4.4 Johnson & Johnson Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.4.5 Johnson & Johnson Recent Developments
5.5 Merck & Co. (MSD)
5.5.1 Merck & Co. (MSD) Profile
5.5.2 Merck & Co. (MSD) Main Business
5.5.3 Merck & Co. (MSD) Prescription Drugs Products, Services and Solutions
5.5.4 Merck & Co. (MSD) Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.5.5 Merck & Co. (MSD) Recent Developments
5.6 Novartis
5.6.1 Novartis Profile
5.6.2 Novartis Main Business
5.6.3 Novartis Prescription Drugs Products, Services and Solutions
5.6.4 Novartis Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.6.5 Novartis Recent Developments
5.7 AbbVie
5.7.1 AbbVie Profile
5.7.2 AbbVie Main Business
5.7.3 AbbVie Prescription Drugs Products, Services and Solutions
5.7.4 AbbVie Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.7.5 AbbVie Recent Developments
5.8 Gilead Sciences
5.8.1 Gilead Sciences Profile
5.8.2 Gilead Sciences Main Business
5.8.3 Gilead Sciences Prescription Drugs Products, Services and Solutions
5.8.4 Gilead Sciences Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.8.5 Gilead Sciences Recent Developments
5.9 GlaxoSmithKline (GSK)
5.9.1 GlaxoSmithKline (GSK) Profile
5.9.2 GlaxoSmithKline (GSK) Main Business
5.9.3 GlaxoSmithKline (GSK) Prescription Drugs Products, Services and Solutions
5.9.4 GlaxoSmithKline (GSK) Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.9.5 GlaxoSmithKline (GSK) Recent Developments
5.10 Amgen
5.10.1 Amgen Profile
5.10.2 Amgen Main Business
5.10.3 Amgen Prescription Drugs Products, Services and Solutions
5.10.4 Amgen Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.10.5 Amgen Recent Developments
5.11 AstraZeneca
5.11.1 AstraZeneca Profile
5.11.2 AstraZeneca Main Business
5.11.3 AstraZeneca Prescription Drugs Products, Services and Solutions
5.11.4 AstraZeneca Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.11.5 AstraZeneca Recent Developments
5.12 Bristol-Myers Squibb
5.12.1 Bristol-Myers Squibb Profile
5.12.2 Bristol-Myers Squibb Main Business
5.12.3 Bristol-Myers Squibb Prescription Drugs Products, Services and Solutions
5.12.4 Bristol-Myers Squibb Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.12.5 Bristol-Myers Squibb Recent Developments
5.13 Eli Lilly
5.13.1 Eli Lilly Profile
5.13.2 Eli Lilly Main Business
5.13.3 Eli Lilly Prescription Drugs Products, Services and Solutions
5.13.4 Eli Lilly Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.13.5 Eli Lilly Recent Developments
5.14 Teva
5.14.1 Teva Profile
5.14.2 Teva Main Business
5.14.3 Teva Prescription Drugs Products, Services and Solutions
5.14.4 Teva Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.14.5 Teva Recent Developments
5.15 Bayer
5.15.1 Bayer Profile
5.15.2 Bayer Main Business
5.15.3 Bayer Prescription Drugs Products, Services and Solutions
5.15.4 Bayer Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.15.5 Bayer Recent Developments
5.16 Novo Nordisk
5.16.1 Novo Nordisk Profile
5.16.2 Novo Nordisk Main Business
5.16.3 Novo Nordisk Prescription Drugs Products, Services and Solutions
5.16.4 Novo Nordisk Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.16.5 Novo Nordisk Recent Developments
5.17 AbbVie
5.17.1 AbbVie Profile
5.17.2 AbbVie Main Business
5.17.3 AbbVie Prescription Drugs Products, Services and Solutions
5.17.4 AbbVie Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.17.5 AbbVie Recent Developments
5.18 Takeda
5.18.1 Takeda Profile
5.18.2 Takeda Main Business
5.18.3 Takeda Prescription Drugs Products, Services and Solutions
5.18.4 Takeda Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.18.5 Takeda Recent Developments
5.19 Boehringer Ingelheim
5.19.1 Boehringer Ingelheim Profile
5.19.2 Boehringer Ingelheim Main Business
5.19.3 Boehringer Ingelheim Prescription Drugs Products, Services and Solutions
5.19.4 Boehringer Ingelheim Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.19.5 Boehringer Ingelheim Recent Developments
5.20 Takeda
5.20.1 Takeda Profile
5.20.2 Takeda Main Business
5.20.3 Takeda Prescription Drugs Products, Services and Solutions
5.20.4 Takeda Prescription Drugs Revenue (US$ Million) & (2018-2023)
5.20.5 Takeda Recent Developments
6 North America
6.1 North America Prescription Drugs Market Size by Country (2018-2029)
6.2 the United States
6.3 Canada
7 Europe
7.1 Europe Prescription Drugs Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Prescription Drugs Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Prescription Drugs Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Prescription Drugs Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Prescription Drugs Market Dynamics
11.1 Prescription Drugs Industry Trends
11.2 Prescription Drugs Market Drivers
11.3 Prescription Drugs Market Challenges
11.4 Prescription Drugs Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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