You need at least a Single Account to use this feature. You only have access to basic statistics. The ever-growing pharmaceutical industry has a major impact on the global economy, and accounts for tens of billions of dollars in international trade each year, much of which comes from Europe and the United States. Nevertheless, emerging applications of pharmaceutical chemicals is anticipated to create potential opportunities for the growth of the target market. Furthermore, development of the neurological drugs such as glutamate modulators are supporting to the global industry growth. Accessed January 16, 2021. https://www.statista.com/statistics/245473/market-share-of-the-leading-10-global-pharmaceutical-markets/, BPI. and over 1 Mio. Changing lifestyle and obesity are leading to increasing various types of chronic diseases which is accelerating the demand for pharmaceutical chemicals. Pharmaceutical Market. Growing obesity index, increasing fitness The global pharmaceutical chemicals market size was valued US$ 104 billion in 2020 and is predicted to be worth around US$ 197.4 billion by the end of 2030. Then you will be able to mark statistics as favourites and use personal statistics alerts. This is growth is due to increasing prevalence of cardiovascular diseases across the globe. Corporate solution including all features. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally. Market share of top 10 national pharmaceutical markets worldwide in 2019* [Graph]. Most of the pharmaceutical chemicals are used in the food production and various end use applications in the pharma sector. Please create an employee account to be able to mark statistics as favorites. The global pharmaceutical chemical market is driving due to increasing demand for advanced drugs across the globe. For instance, in Europe the geriatric population aged over 65 found more than 20% in 2019. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from. Please authenticate by going to "My account" → "Administration". The major companies functioning in the worldwide pharmaceutical chemicals are BASF, Porton Fine Chemicals, Lonza, Johnson Matthey, Dishman, Lanxess, Vertellus Holdings, Jubilant Life Sciences, Hikal, Abbott among others. New, Figures and insights about the advertising and media world, Industry Outlook Further. New, Everything you need to know about the industry development, Find studies from all around the internet. Market Analysis and Insights: Global Cold Chain for Pharmaceutical Market. As a Premium user you get access to background information and details about the release of this statistic. • Pharmerging countries will account for 25% of global spending on pharmaceuticals by 2020, compared to 23% in 2015. Noteworthy investment in the research and development of the pharmaceutical chemicals coupled with acquisition, mergers, and strategic collaborations are the key business strategies undertaken by the companies operating in the global pharmaceutical chemicals market. The U.S. registered the highest share in the North American region primarily due to availability of advanced healthcare infrastructure, presence of leading players in the pharmaceutical chemical industry, along with the favorable government policies for the pharmaceutical chemicals production in the region.Further increasing geriatric population and research and development activities by the key companies in the country are other important factors to contribute the high market share of the United States over the forecast period. facts. In, BPI. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Research expert covering health, pharma & medtech, Profit from additional features with an Employee Account. North America dominated the global market with a market share of more than 35% in 2020. Of the top 10 largest markets for pharmaceuticals worldwide, the US continues to lead by a widening margin. The advanced intermediates product segment is expected to grow at a significant CAGR during the forecast time-frame. The MarketWatch News Department was not involved in the creation of this content. Moreover, increasing government support for innovation especially in the developing countries is another factor to boost growth of the target industry in the near future. ... Country [45 / 45] Year [10] Layout; Table options Export. Pfizer is one of the leading player… Global Pharmaceutical Excipients Market Country Level Analysis. You need a Single Account for unlimited access. Then you can access your favorite statistics via the star in the header. BASF segment accounted for a significant share of the global pharmaceutical chemicals market. This study specially analyses the impact of Covid-19 outbreak on the Pharmaceutical Excipients, covering the supply chain analysis, impact assessment to the Pharmaceutical Excipients market size growth rate in several scenarios, and the measures to be undertaken by Pharmaceutical … "Market Share of Top 10 National Pharmaceutical Markets Worldwide in 2019*. Recent important growth in China and Japan retain both countries in second and third position in the ranking, respectively, but both countries saw a decline in the market share in 2016. Growing demand for active pharmaceutical chemicals by the pharmaceutical key players across the globe is expected to augment target industry growth. BPI ist the German Federal Association of the Pharmaceutical Industry (Bundesverband der Pharmazeutischen Industrie). The growth of the pharmaceutical chemicals industry in the countries of the Europe is attributed to growing adoption of the pharmaceutical chemicals in the various end useindustries such as food, cosmetic industries etc. Additionally, constant need of the healthcare facilities, along with increasing old age population worldwide are among major factors to flourish growth of the target industry in the near future. OTTAWA, Jan. 14, 2021 (GLOBE NEWSWIRE) -- The global pharmaceutical chemicals market is representing impressive CAGR of 6.9% during the forecast period 2021 to 2030. Market Overview. Learn more about how Statista can support your business. Are you interested in testing our corporate solutions? Among the application type, cardiovascular segment accounted for the largest revenue with significant share of around 30% in 2020. 10.4 Middle East & Africa Cooling Paste Market Size by Country 10.4.1 Middle East & Africa Cooling Paste Market Size by Country (2016-2021) 10.4.2 Middle East & Africa Cooling Paste Market Size by Country (2022-2027) 10.4.3 Turkey 10.4.4 Saudi Arabia 10.4.5 UAE 11 Key Players Profiles 11.1 Kobayashi Pharmaceutical Register in seconds and access exclusive features. • The United States share of the global market will increase from 40.3% in 2015 to 41% in 2020, Pharmaceutical Market - Key Indicators. Chart. Asia Pacific estimated to grow at the maximum CAGR in the forecast period due increasing demand for chemical pharmaceuticals in the production of active pharmaceutical ingredients such as analgesic drugs, penicillin, vitamins in the countries of the region especially in India, China and Japan of the region. Global pharmaceutical excipients market is analyzed and market size information is provided by country, type, function, application, end-users and distribution channel as referenced above. Biggest pharmaceutical exports in the world by country. Increasing obesity and fitness awareness will drive the global fitness equipment market. the pharmaceutical market – and ultimately the R&D base – is likely to shift gradually towards emerging economies. Manufacturing processes of these chemicals are designed to maximize their operating flexibility owing to diversity of modern medicinal chemistry. A paid subscription is required for full access. December 21, 2020. Statista. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. 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