Mega trends in the Pharmaceutical Industry-Global & North Africa
Frost and Sullivan report "MEGA TRENDS IN THE PHARMACEUTICAL INDUSTRY"
The Global Pharmaceutical industry’ is in a state of flux, working towards win-win transformations across all value chains from manufacturers, providers, and patients. The global pharmaceutical market was estimated to be around USD 1.2 trillion in 2018 and is expected to reach about USD 1.9 trillion by 2025, growing at a CAGR of about 6.2%. Growth in the market is majorly attributed to the launch of novel therapies, expansion of existing therapies, market expansion in emerging countries and growth of the aging population in the developed countries