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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 Medication market was valued at US$ 1475000 million in 2023 and is anticipated to reach US$ 2075470 million by 2030, witnessing a CAGR of 5.0% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Medication, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Medication.
Report Scope
The Medication market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Medication market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Medication companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Company (Partial List)
- 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
Segment by Type
- Brand Drugs
- Generic Drug
Segment by Application
- Hospital
- Clinic
- Other
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina, Colombia)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Medication companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Medication Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Brand Drugs
1.2.3 Generic Drug
1.3 Market by Application
1.3.1 Global Medication Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Hospital
1.3.3 Clinic
1.3.4 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Medication Market Perspective (2019-2030)
2.2 Medication Growth Trends by Region
2.2.1 Global Medication Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Medication Historic Market Size by Region (2019-2024)
2.2.3 Medication Forecasted Market Size by Region (2025-2030)
2.3 Medication Market Dynamics
2.3.1 Medication Industry Trends
2.3.2 Medication Market Drivers
2.3.3 Medication Market Challenges
2.3.4 Medication Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Medication Players by Revenue
3.1.1 Global Top Medication Players by Revenue (2019-2024)
3.1.2 Global Medication Revenue Market Share by Players (2019-2024)
3.2 Global Medication Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Medication Revenue
3.4 Global Medication Market Concentration Ratio
3.4.1 Global Medication Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Medication Revenue in 2023
3.5 Medication Key Players Head office and Area Served
3.6 Key Players Medication Product Solution and Service
3.7 Date of Enter into Medication Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Medication Breakdown Data by Type
4.1 Global Medication Historic Market Size by Type (2019-2024)
4.2 Global Medication Forecasted Market Size by Type (2025-2030)
5 Medication Breakdown Data by Application
5.1 Global Medication Historic Market Size by Application (2019-2024)
5.2 Global Medication Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Medication Market Size (2019-2030)
6.2 North America Medication Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Medication Market Size by Country (2019-2024)
6.4 North America Medication Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Medication Market Size (2019-2030)
7.2 Europe Medication Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Medication Market Size by Country (2019-2024)
7.4 Europe Medication Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Medication Market Size (2019-2030)
8.2 Asia-Pacific Medication Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Medication Market Size by Region (2019-2024)
8.4 Asia-Pacific Medication Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Medication Market Size (2019-2030)
9.2 Latin America Medication Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Medication Market Size by Country (2019-2024)
9.4 Latin America Medication Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Medication Market Size (2019-2030)
10.2 Middle East & Africa Medication Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Medication Market Size by Country (2019-2024)
10.4 Middle East & Africa Medication Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Pfizer
11.1.1 Pfizer Company Detail
11.1.2 Pfizer Business Overview
11.1.3 Pfizer Medication Introduction
11.1.4 Pfizer Revenue in Medication Business (2019-2024)
11.1.5 Pfizer Recent Development
11.2 Roche
11.2.1 Roche Company Detail
11.2.2 Roche Business Overview
11.2.3 Roche Medication Introduction
11.2.4 Roche Revenue in Medication Business (2019-2024)
11.2.5 Roche Recent Development
11.3 Sanofi
11.3.1 Sanofi Company Detail
11.3.2 Sanofi Business Overview
11.3.3 Sanofi Medication Introduction
11.3.4 Sanofi Revenue in Medication Business (2019-2024)
11.3.5 Sanofi Recent Development
11.4 Johnson & Johnson
11.4.1 Johnson & Johnson Company Detail
11.4.2 Johnson & Johnson Business Overview
11.4.3 Johnson & Johnson Medication Introduction
11.4.4 Johnson & Johnson Revenue in Medication Business (2019-2024)
11.4.5 Johnson & Johnson Recent Development
11.5 Merck & Co. (MSD)
11.5.1 Merck & Co. (MSD) Company Detail
11.5.2 Merck & Co. (MSD) Business Overview
11.5.3 Merck & Co. (MSD) Medication Introduction
11.5.4 Merck & Co. (MSD) Revenue in Medication Business (2019-2024)
11.5.5 Merck & Co. (MSD) Recent Development
11.6 Novartis
11.6.1 Novartis Company Detail
11.6.2 Novartis Business Overview
11.6.3 Novartis Medication Introduction
11.6.4 Novartis Revenue in Medication Business (2019-2024)
11.6.5 Novartis Recent Development
11.7 AbbVie
11.7.1 AbbVie Company Detail
11.7.2 AbbVie Business Overview
11.7.3 AbbVie Medication Introduction
11.7.4 AbbVie Revenue in Medication Business (2019-2024)
11.7.5 AbbVie Recent Development
11.8 Gilead Sciences
11.8.1 Gilead Sciences Company Detail
11.8.2 Gilead Sciences Business Overview
11.8.3 Gilead Sciences Medication Introduction
11.8.4 Gilead Sciences Revenue in Medication Business (2019-2024)
11.8.5 Gilead Sciences Recent Development
11.9 GlaxoSmithKline (GSK)
11.9.1 GlaxoSmithKline (GSK) Company Detail
11.9.2 GlaxoSmithKline (GSK) Business Overview
11.9.3 GlaxoSmithKline (GSK) Medication Introduction
11.9.4 GlaxoSmithKline (GSK) Revenue in Medication Business (2019-2024)
11.9.5 GlaxoSmithKline (GSK) Recent Development
11.10 Amgen
11.10.1 Amgen Company Detail
11.10.2 Amgen Business Overview
11.10.3 Amgen Medication Introduction
11.10.4 Amgen Revenue in Medication Business (2019-2024)
11.10.5 Amgen Recent Development
11.11 AstraZeneca
11.11.1 AstraZeneca Company Detail
11.11.2 AstraZeneca Business Overview
11.11.3 AstraZeneca Medication Introduction
11.11.4 AstraZeneca Revenue in Medication Business (2019-2024)
11.11.5 AstraZeneca Recent Development
11.12 Bristol-Myers Squibb
11.12.1 Bristol-Myers Squibb Company Detail
11.12.2 Bristol-Myers Squibb Business Overview
11.12.3 Bristol-Myers Squibb Medication Introduction
11.12.4 Bristol-Myers Squibb Revenue in Medication Business (2019-2024)
11.12.5 Bristol-Myers Squibb Recent Development
11.13 Eli Lilly
11.13.1 Eli Lilly Company Detail
11.13.2 Eli Lilly Business Overview
11.13.3 Eli Lilly Medication Introduction
11.13.4 Eli Lilly Revenue in Medication Business (2019-2024)
11.13.5 Eli Lilly Recent Development
11.14 Teva
11.14.1 Teva Company Detail
11.14.2 Teva Business Overview
11.14.3 Teva Medication Introduction
11.14.4 Teva Revenue in Medication Business (2019-2024)
11.14.5 Teva Recent Development
11.15 Bayer
11.15.1 Bayer Company Detail
11.15.2 Bayer Business Overview
11.15.3 Bayer Medication Introduction
11.15.4 Bayer Revenue in Medication Business (2019-2024)
11.15.5 Bayer Recent Development
11.16 Novo Nordisk
11.16.1 Novo Nordisk Company Detail
11.16.2 Novo Nordisk Business Overview
11.16.3 Novo Nordisk Medication Introduction
11.16.4 Novo Nordisk Revenue in Medication Business (2019-2024)
11.16.5 Novo Nordisk Recent Development
11.17 AbbVie
11.17.1 AbbVie Company Detail
11.17.2 AbbVie Business Overview
11.17.3 AbbVie Medication Introduction
11.17.4 AbbVie Revenue in Medication Business (2019-2024)
11.17.5 AbbVie Recent Development
11.18 Takeda
11.18.1 Takeda Company Detail
11.18.2 Takeda Business Overview
11.18.3 Takeda Medication Introduction
11.18.4 Takeda Revenue in Medication Business (2019-2024)
11.18.5 Takeda Recent Development
11.19 Boehringer Ingelheim
11.19.1 Boehringer Ingelheim Company Detail
11.19.2 Boehringer Ingelheim Business Overview
11.19.3 Boehringer Ingelheim Medication Introduction
11.19.4 Boehringer Ingelheim Revenue in Medication Business (2019-2024)
11.19.5 Boehringer Ingelheim Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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