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Trade Insights
Latest global pharma trade statistics

Did you know?

  • The global pharmaceutical market was valued at approximately $1.6 trillion in 2023.
  • North America accounted for 52.3% of world pharmaceutical sales in 2022.
  • The top 10 pharmaceutical companies control a significant portion of the global market share, with Johnson & Johnson leading with revenues of $94.9 billion in 2023.
  • Oncology drugs continue to represent the largest therapeutic class by revenue, with Merck & Co. Keytruda generating $25 billion in sales in 2023.

Source: TransDataNexus Analysis, 2023

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