Global Pharmaceutical Market Analyzed in New Insightful IMARC Group Research Report Now Available at MarketPublishers.com15 Oct 2012 • by Natalie Aster
LONDON – Pharmaceuticals have turned into a vital part of the healthcare system. The world market for pharmaceuticals was estimated at about USD 880 billion in 2010, a rise by over 4 percent Y-o-Y and up by 34.8 percent if compared to 2005. In 2012, it is likely to amount to USD 1.01 trillion. Despite such a considerable market growth in the recent years, not everyone has access to life-saving drugs mainly due to low domestic pharmaceutical capacities.
Certain market expansion slowdown is observed at present given unfavorable economic climate both in the USA and European region. Nevertheless, the industry is set to continue showing regular increases, though at a slower pace. The pharmaceuticals market is forecast to be around USD 1.09 trillion in 2016.
New market research report “Global Pharmaceutical Market Report & Forecast: 2012-2017” drawn up by IMARC Group draws up an elaborate picture of the world market for pharmaceuticals. It provides deep insight into the historical and current market trends and sales dynamics. The report also includes sales forecast up to 2017. Regions covered in the study: global, Asia Pacific, North America, Latin America, Caribbean, Middle East and Africa.
Global Pharmaceutical Market Report & Forecast: 2012-2017
Published: October, 2012
Price: US$ 1.400,00
More new market research reports by the publisher can be found at IMARC Group page.