Market Analysis
IMS Health reports global pharmaceutical market grew 7% in 2005, to $602 billion
Published in Obesity and Diabetes Week, April 17th, 2006
In the 10 major markets, audited growth was 5.7% in 2005, compared with 7.2% the previous year. This group accounts for 81% of the total global pharmaceutical market, but emerging markets (e.g. China, Korea, Mexico, Russia, and Turkey) experienced double-digit growth, outpacing global performance and signaling important shifts in the marketplace.
"As growth in mature markets moderates, industry attention is shifting to smaller, developing markets...
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