05 November 2007
URCH Publishing announces launch of Pharmaceutical Market Trends 2nd Edition report
A vital reference work for all pharmaceutical executives
Today, URCH Publishing a leading provider of pharmaceutical information reports, announces the publication of an updated version of its best-selling Pharmaceutical Market Trends reports.
Pharmaceutical Market Trends, 2007-2011: Key market forecasts and growth opportunities presents a detailed trend analysis of the global pharmaceutical market as at the end of 2006 and forecasts until 2011. The 173 page report presents a series of market forecasts and growth opportunities in order to help inform pharmaceutical decision-making, particularly in the areas of corporate planning, portfolio management and market forecasting.
The report makes a number of key findings about the global marketplace for pharmaceuticals including:
- The global pharmaceutical market is forecast to grow to US$897 billion in 2011, an equivalent CAGR of 6.9% over the next five years.
- Strong growth in the 10 European markets that joined the European Union in 2004 will help to boost European sales over the next five years.
- In 2006 the leading therapy areas by sales were cardiovascular with 14.2% share and CNS with 14.1%.
- Continued double-digit market growth in China will make it the seventh biggest drug market by sales in 2010.
- The top 100 blockbuster drugs generated sales of US$232.2 billion accounting for 36% of the total pharma market.
- Total pharmaceutical sales from the top 10 companies accounted for more than 40% of the total market.
Urch Publishing Ltd is an independent business information publisher dedicated to delivering quality information products to the global pharmaceuticals industry. For more information contact Urch Publishing on +44 (0) 20 7060 1099 or email press[at]urchpublishing.com.
