Asia Pacific Pharmaceutical Market Size & Outlook
Asia Pacific pharmaceutical market, 2018-2030 (US$M)
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Asia Pacific pharmaceutical market highlights
- The Asia Pacific pharmaceutical market generated a revenue of USD 333,394.4 million in 2024.
- The market is expected to grow at a CAGR of 7.1% from 2025 to 2030.
- In terms of segment, conventional drugs (small molecules) was the largest revenue generating molecule in 2024.
- Biologics & Biosimilars (Large Molecules) is the most lucrative molecule segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 333,394.4 million |
| Market revenue in 2030 | USD 503,932.0 million |
| Growth rate | 7.1% (CAGR from 2025 to 2030) |
| Largest segment | Conventional drugs (small molecules) |
| Fastest growing segment | Biologics & Biosimilars (Large Molecules) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biologics & Biosimilars (Large Molecules), Conventional Drugs (Small Molecules) |
| Key market players worldwide | Merck & Co Inc, Roche Holding AG, Novartis AG ADR, AbbVie Inc, Johnson & Johnson, Pfizer Inc, Bristol-Myers Squibb Co, Sanofi SA, GSK PLC, Takeda Pharmaceutical Co Ltd |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.3% of the global pharmaceutical market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 503,932.0 million by 2030.
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Pharmaceutical Market Scope
Pharmaceutical Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific pharmaceutical market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pharmaceutical market will help companies and investors design strategic landscapes.
Conventional drugs (small molecules) was the largest segment with a revenue share of 58.12% in 2024. Horizon Databook has segmented the Asia Pacific pharmaceutical market based on biologics & biosimilars (large molecules), conventional drugs (small molecules) covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific consists of a mix of developing and developed economies, with increasing healthcare expenditure expected to drive market growth. Key factors such as the region’s aging population and rising awareness of conditions like dry eye syndrome are contributing to the growing demand for pharmaceutical products.
The pharmaceutical industry in Asia Pacific has seen significant advancements, primarily aimed at enhancing productivity, expanding R&D efforts, and leveraging novel health technologies to their fullest potential.
Governments across the region are actively responding to rapid changes in pharmaceutical manufacturing—many of which were accelerated by the COVID-19 pandemic—through initiatives such as virtual conferences and regulatory updates.
Reasons to subscribe to Asia Pacific pharmaceutical market databook:
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Target buyers of Asia Pacific pharmaceutical market databook
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Our clientele includes a mix of pharmaceutical market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pharmaceutical market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pharmaceutical market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific pharmaceutical market size, by country, 2018-2030 (US$M)
Asia Pacific Pharmaceutical Market Outlook Share, 2024 & 2030 (US$M)
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