Pharmaceuticals in Germany
SummaryPharmaceuticals in Germany industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare.
- The German pharmaceuticals market had total revenues of $79.9 billion in 2021, representing a compound annual growth rate (CAGR) of 6.8% between 2016 and 2021.
- An aging population in Germany, with a quarter of the population estimated to be over the age of 65 by 2050, is likely to drive demand for pharmaceutical products.
- Innovation in the German pharmaceuticals market is supported by the launch of the Future Fund by the federal government in 2021. This could prove to be a lucrative opportunity for smaller biotechnology and pharmaceutical firms to expand, contributing to overall growth in the market in the long-term.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the pharmaceuticals market in Germany
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pharmaceuticals market in Germany
- Leading company profiles reveal details of key pharmaceuticals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Germany pharmaceuticals market with five year forecasts by both value and volume
Reasons To Buy
- What was the size of the Germany pharmaceuticals market by value in 2021?
- What will be the size of the Germany pharmaceuticals market in 2026?
- What factors are affecting the strength of competition in the Germany pharmaceuticals market?
- How has the market performed over the last five years?
- Who are the top competitors in Germany's pharmaceuticals market?
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