Intelligence company Evaluate predicts sales in the global pharmaceutical industry to grow by 6% per year between 2022 and 2028, according to its annual World Preview report.
The report forecasts that industry revenues will hit $1.6 trillion in six years’ time and anticipates that leading this market will be Roche (ROG: SIX). The Swiss pharma giant’s sales are predicted to be $62.7 billion in 2028, accounting for 3.9% of the worldwide market.
US drugmaker AbbVie (NYSE: ABBV) is seen as a close second with prescription sales of $62 billion that year. The fastest growing big pharma player will be Anglo-Swedish firm AstraZeneca (LSE: AZN), according to Evaluate, with a top-line predicted to expand by 5.8% year on year, to 2028.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze