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Category: Medical
Word Count: 1775
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global pharmaceutical trends

The world pharmaceutical market grew by 10.7% in 1999, with estimated sales reaching $337.2 billion, up from $304.7 billion in 1998. North America remains the world’s largest pharmaceutical market, accounting for 50.9% of market sales in 2002. The other big players in the industry are Europe, Japan, Latin America, Asia, Africa and Australia. Japan accounts for 11.7% and Europe, 25.4% of market sales. It looks like the USA is set to keep this lead unless Europe engages in more innovation. Between

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