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Global Pharmaceutical Drugs Market Research Report

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• On the basis of geography, the global market of <strong>Pharmaceutical</strong>s<br />

drugs has been spread across the globe which includes North<br />

America, Asia Pacific region, Western Europe, South America,<br />

Eastern Europe, Middle East, Africa and several others. Whereas, in<br />

2017, the global pharmaceuticals drug market was value USD 934.8<br />

billion and has grown at a CAGR of 5.2% during the period of 2013-<br />

2017. However, the market is anticipated to increase at a CAGR of<br />

5.8% during the period of 2017-2021 and in the near future to be<br />

value USD 1,170.4 billion by 2021. In North America, the global<br />

market of pharmaceutical drugs accounted for 36.5% in 2017 and<br />

was valued USD 341.1 billion.<br />

• With the effective development in the health care system, health<br />

care awareness, high per capita expenditure on health has been<br />

some of the major growth drivers of this market. Therefore, in the<br />

coming years it is expected that the global market of<br />

pharmaceutical drugs will grow more actively over the decades.

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