Hardman & Co Insight: 2024 Pharma Statistics
An efficient reporting system has seen all the listed multinational pharmaceutical companies announce results for 2024, which has given us the opportunity to update our industry statistics and drug database. This report provides the first snapshot of global pharmaceutical market growth plus the global and US company rankings for 2024. The year was characterised by 9.2% underlying (ex-COVID-19) growth. Much of the growth was driven by recently launched anti-obesity drugs and oncology drugs. Both Eli Lilly and Novo Nordisk have entered the global top 10 ranking for the first time in their history.This short report represents an executive summary of our extensive pharmaceutical database. Themes highlighted in the summary are expanded, with detailed information about individual company operating performance versus industry weighted averages, in a much larger report, which will be available from Hardman & Co.
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