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Regional Indicator

Based on Pharmacy Purchases December '98 - November '99
for 11 leading countries world wide *


Regions

Drug sales through retail pharmacies in twelve key markets closed at $204.7 billion, a 9% growth for the twelve-month period from December 1998 through to November 1999.

  • The world market continues to maintain steady growth of 9%, as first reported in September 1999.
  • The largest region, North America continues to lead, rising 15% to reach $88.8 billion, adding 1% since the last report.
  • Growth across the top five European markets remains stable at 7% with a value of $54.3 billion. In this region, only Spain is showing particular improvement, up by 1% from last month to 12%, aided by an 18% growth in CNS drugs.
  • The Japanese market, valued at $46.4 billion, shows an incremental 1% increase in the rate of growth, to 7% in the 12 months to November. This compares to -1% for the corresponding period a year ago.
  • Sales in the top three Latin American markets have decreased by 8%, with the total value reaching $12.3 billion. In the two larger economies of Brazil and Argentina, growth rates have slowed dramatically to -24% and -3% respectively. However Mexico is still growing at a rapid 20%.

See also top products, corporations and therapy areas.

IMS HEALTH's five year global pharmaceutical sales trend information is available for immediate purchase and download. Click here for more...

* Source: IMS Monthly Midas. Any use of this information
must be sourced to IMS HEALTH.
Please note
data collection, values and definitions.



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