Friday, January 15, 2010

Pharmaceutical Industry Trends

As in any other business, pharmaceutical industry too needs to know the key market forecasts & growth opportunities in the near future. Many researches are conducted for the purpose of presenting a detailed trend analysis of the global pharmaceutical market almost every year. These reports help pharmaceutical companies in major decision making issues. The global pharmaceutical market is forecast to grow exceeding $825 billion in 2010, an equivalent CAGR of about 6%. The global pharmaceutical market sales is expected to grow at a 4 - 7% compound annual growth rate (CAGR) and its value is expected to expand to $975+ billion by 2013. Different regions of the world will influence the pharmaceutical industry trends in different ways. Read Pharmaceutical Market Trends 2010 for detailed report on region specific and drugs specific growth of pharma market.

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