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What is Global Pharmaceutical Market Overview about?

The global pharmaceutical market has shown steady growth, with total sales reaching approximately US$825 billion in 2010 and projected to exceed US$885 billion in 2011. Prescription sales, valued at US$662 billion in 2010, are expected to decline due to patent expiries and fewer new drug launches. Emerging markets like China, Turkey, and India are anticipated to grow significantly, while the U.S. remains the largest market, projected to grow to US$320-$330 billion.

Author

Harithasa

Language

EN