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In 2018, global sales of pharmaceuticals totaled around 948.7 billion euros (1,198 billion US dollars), round 5.15 % above the previous year’s level.
North America, Europe and Japan account for almost threequarters of total sales in the global pharmaceutical market.
Sales in North America increased by just under 5 % to EUR 404.3 billion. In 2018 alone, this submarket accounts for around 43 % of global pharmaceutical market sales. The pharmaceutical market in Europe grew by 4 % to around 273 billion euros. After the USA, the pharmaceutical market in China has
established itself as the second-largest single market. In 2018, sales in China amounted to nearly 106 billion euros.
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