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Revenue of leading pharmaceutical markets in Europe in 2024 (in million euros)

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Sources

Release date

February 2026

Region

Europe

Survey time period

2024

Supplementary notes

* Pharmacy market and hospital market data were available for these markets.

Citation formats

Revenue of leading European pharmaceutical markets 2024

Published by A. Minhas, Feb 3, 2026

Germany was the leading pharmaceutical market in Europe with a total revenue of nearly 59 billion euros in 2024. France and Italy followed with revenues of 45.6 billion and 41.3 billion euros, respectively.

German pharmaceutical market

When the revenue of the German pharmacy market is broken down, it is prescription drugs that account for the majority of the revenues. Prescription medication accounted for around 42 billion euros of revenue, followed by pharmacy-only drugs at some 3.5 billion euros. 

German pharmaceutical exports

Over 13 years, the value of pharmaceutical exports from Germany has skyrocketed. Increasing from approximately 18.8 billion euros in 2000 to some 115 billion euros in 2024. The leading destination for these exports is the United States, followed by the Netherlands and Switzerland.

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