The pharmaceutical industry develops drugs to diagnose, cure, treat or prevent diseases. Pharmaceutical companies produce both generic and branded drugs. Pharmaceutical drugs are subjected to various laws and regulations that deal with patenting, testing, safety, efficacy and marketing.
The top five companies covered are Novartis AG, Sanofi S.A., F. Hoffmann-La Roche Ltd, Pfizer Inc., and Gilead Sciences, Inc. Novartis AG was the largest company in the pharmaceutical drugs market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Pharmaceutical Drugs Global Market Size
The global pharmaceutical drugs market was valued around $935 billion in 2017. North America was the largest region in the pharmaceutical drugs market in 2017, accounting for around 37% of the total market. The USA was the largest country in the market accounting for around 25% of the total market.
Pharmaceutical Drugs Global Market Trend
Early Rx-to-OTC switch, or switching the product from prescription to non-prescription status, is a key trend in the dermatology drugs market. Traditionally, the Rx-to-OTC status conversion was generally observed at a phase nearing the patent expiry or after.
Pharmaceutical Drugs Global Market Segmentation
The pharmaceutical drugs market in this report is segmented into Cardiovascular Drugs, Musculoskeletal Drugs, Oncology Drugs, Anti-Infective Drugs, Metabolic Disorder Drugs, Central Nervous System Drugs, Genito-Urinary Drugs, Gastrointestinal Drugs, Respiratory Drugs, Hematology Drugs, Dermatology Drugs, and Ophthalmology Drugs.
Musculoskeletal System Drugs comprises companies that discover, develop, manufacture and distribute medications used in the treatment of musculoskeletal diseases. Musculoskeletal diseases include arthritis, osteoporosis, osteomalacia, carpal tunnel syndrome, tendonitis, rotator cuff tear, muscular dystrophy, myasthenia gravis, lupus erythematosus and others.
Cardiovascular Drugs covers the drugs used to treat conditions that affect the heart or blood vessels.
Oncology Drugs prevent the growth of malignant tumors by affecting the process of cell division or by damaging the DNA and initiate apoptosis or by preventing the development and spread of neoplastic cells.
Anti-Infective Drugs are used to treat infectious diseases caused by several pathogenic organisms such as bacteria, viruses, fungi or parasites.
Metabolic Disorders Drugs covers medications that are used in the treatment of metabolic diseases such as diabetes, thyroid, hyperparathyroidism, hypopituitarism, and hypoadrenalism.
Central Nervous System Drugs includes drugs that are used for the treatment of a broad category of conditions affecting the brain or spinal cord such as Parkinson’s diseases, epilepsy, depression, multiple sclerosis, bipolar disorders and anxiety.
Genitourinary Drugs covers drugs that are used in the treatment of diseases such as urinary tract infections, male reproductive diseases, voiding diseases, female reproductive diseases, glomerular disorders, urinary calculi, cystic kidney disease, Reno vascular diseases, benign prostate diseases, and other related diseases.
Respiratory Diseases Drugs covers drugs that are used in the treatment of a wide range of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), chronic and acute bronchitis, emphysema and cystic fibrosis.
Gastrointestinal Diseases Drugs covers medicines used for the treatment of ulcerative colitis, diverticular disease, perianal infections, anal fissures, hemorrhoids, constipation, and irritable bowel syndrome.
Hematology Drugs offers drugs, blood and blood products that are used for the treatment of diseases such as rare genetic disorders, anemia, and conditions related to sickle cell disease and other related diseases.
Dermatology Drugs includes medications that are used for the treatment of skin conditions such as dermatitis (including eczema), rosacea, hyperhidrosis, androgenic alopecia, onychomycosis, hair loss, acne, immune disorders (including psoriasis), microbial infections (bacterial, fungal, and viral), vascular and pigmented lesion removal, common warts, seborrheic keratosis, and other skin diseases.
Ophthalmology Drugs covers drugs that are used in the treatment of eye related diseases such as refractive errors, cataracts, glaucoma, conjunctivitis, retinal diseases, and macular degeneration.