Pharmaceuticals in the United Kingdom
SummaryPharmaceuticals in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 UK pharmaceuticals market had total revenues of $30.5 billion in 2021, representing a compound annual growth rate (CAGR) of 4% between 2016 and 2021.
- As the government has attempted to reduce the state burden of healthcare, various changes to the market have been introduced, placing more of the workload in the hands of the private sector.
- Demographic factors, such as an aging population and a growing obesity rate, are likely to drive demand for pharmaceutical products due to an increase in associated diseases, such as diabetes and cardiovascular problems.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the pharmaceuticals market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pharmaceuticals market in the United Kingdom
- 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 United Kingdom pharmaceuticals market with five year forecasts
Reasons To Buy
- What was the size of the United Kingdom pharmaceuticals market by value in 2021?
- What will be the size of the United Kingdom pharmaceuticals market in 2026?
- What factors are affecting the strength of competition in the United Kingdom pharmaceuticals market?
- How has the market performed over the last five years?
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