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Overview World-Wide Market
Market size: $337.2 billion
Market growth: 11% in constant local currency dollars.
Market forecast 2000-2004: 8.4% CAGR
Total market growth for the worldwide prescription markets
showed considerable growth of 11% in constant $.
Cost-containment remains a priority in the major markets of
Europe, USA and Japan. There is a trend towards integrated
care and greater risk-sharing which will have implications
for pharmaceutical companies in the next five years as their
customer base undergoes significant change.
However, largely driven by new product launches, the world
market for pharmaceuticals is forecast to grow at a 8.4% compound
average annual rate during the next five years to reach $506
billion in 2004.
Detailed
reports of sales for the Top 20 Corporations,
Products,
Countries
and Therapy
Areas in 1998 and 1999 are available to buy online.
*Source: World
Review 2000.
Please note Data
collection, values and definitions.
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