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Projected growth of the world pharmaceutical market by regional group between 2024 and 2028

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Source

Release date

January 2024

Region

Worldwide

Survey time period

2024

Supplementary notes

CAGR (compound annual growth rate) at constant U.S. dollar. Values based on invoice spending.

Citation formats

World pharmaceutical market CAGR forecast by region group 2024-2028

Published by A. Minhas, Nov 28, 2025

Between 2024 and 2028, the pharmaceutical market in the “pharmerging” countries will have a compound annual growth rate of ** to ** percent. Pharmerging markets have a GDP per capita with purchasing power parity of less than 30,000 U.S. dollars annually. 

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