Published on 10 Feb 2024 on Insider Monkey via Yahoo Finance
30 Most Valuable Drug Companies in 2024
In this article, we will take a look at the 30 most valuable drug companies in 2024. If you want to skip our detailed analysis of the pharmaceutical drugs market, you can go directly to 5 Most Valuable Drug Companies in 2024.
The Global Pharmaceutical Drugs Market
According to a report by The Business Research Company, the global pharmaceutical drugs market was estimated to have reached a value of $1.19 trillion in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 13.4% from 2024 to 2028, propelling the pharmaceutical drugs market to reach above $2.09 trillion by the end of the forecasted period. The report also mentions that North America was the biggest region in the drugs market in 2023.