Prices are reported at the ex-manufacturer level (price when sold from manufacturer to wholesaler or direct to pharmacies).
* Hospital market only.
** Pharmacy market only.
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Top global pharmaceutical markets: growth rate 2024
In 2024, the growth rate of Brazil's pharmaceutical market stood at ** percent, which was the highest growth rate among leading national pharmaceutical markets.
Pharma companies in Brazil
ACHE, which is a Brazilian-owned corporation founded in 1966, is among the leading pharmaceutical companies in Brazil, with a revenue of around six billion Brazilian reals (around *** billion U.S. dollars). Around half of the top ten companies were domestic and included enterprises, such as Eurofarma, Neo Quimica, Libbs, and Mantecorp Farmasa.Â
Pharmaceutical R&D
Global pharmaceutical research and development expenditures in 2024 came to a total of over *** billion U.S. dollars. By 2030, R&D spending is expected to exceed over *** billion U.S. dollars, with pharmaceutical companies Roche and Johnson & Johnson being among the top leading companies.
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IQVIA. (May 1, 2025). Growth rate of top 10 national pharmaceutical markets worldwide in 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/
IQVIA. "Growth rate of top 10 national pharmaceutical markets worldwide in 2024." Chart. May 1, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/
IQVIA. (2025). Growth rate of top 10 national pharmaceutical markets worldwide in 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/
IQVIA. "Growth Rate of Top 10 National Pharmaceutical Markets Worldwide in 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 May 2025, /statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/
IQVIA, Growth rate of top 10 national pharmaceutical markets worldwide in 2024 ÌÇÐÄÆƽâ°æ, /statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/ (last visited July 31, 2026)
Growth rate of top 10 national pharmaceutical markets worldwide in 2024 [Graph], IQVIA, May 1, 2025. [Online]. Available: /statistics/266459/growth-of-the-top-10-global-pharmaceutical-markets/
