Germany Pharmaceutical Market Size & Outlook, 2024-2030
Germany pharmaceutical market, 2018-2030 (US$M)
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Germany pharmaceutical market highlights
- The Germany pharmaceutical market generated a revenue of USD 95,112.0 million in 2024 and is expected to reach USD 129,771.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.3% 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.
Pharmaceutical market data book summary
| Market revenue in 2024 | USD 95,112.0 million |
| Market revenue in 2030 | USD 129,771.1 million |
| Growth rate | 5.3% (CAGR from 2025 to 2030) |
| Largest segment | Conventional drugs (small molecules) |
| Fastest growing segment | Biologics & Biosimilars (Large Molecules) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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, Germany accounted for 5.8% of the global pharmaceutical market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany pharmaceutical market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 56,727.5 million by 2030.
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Pharmaceutical Market Scope
Pharmaceutical Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 57.13% in 2024. Horizon Databook has segmented the Germany pharmaceutical market based on biologics & biosimilars (large molecules), conventional drugs (small molecules) covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is Europe's largest pharmaceutical market. More than 660 pharmaceutical companies of German origin and subsidiaries of multinational companies are based in Germany. A highly skilled workforce, strong healthcare infrastructure, strong and evolving consumer health market are some of the factors playing an important role in the pharmaceutical development of the country.
Demand for pharmaceuticals will be majorly driven by demographic developments as the progressive aging of the population will lead to an increase in medical treatment requirements, particularly for chronic diseases. This is expected to benefit specialty product manufacturers as well as generic drug manufacturers.
The export of pharmaceuticals by German companies is at an all-time high. For instance, according to Germany Trade and Invest, 22% of imported pharmaceutical products in China are from German companies.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany pharmaceutical market , including forecasts for subscribers. This country databook contains high-level insights into Germany pharmaceutical market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany pharmaceutical market size, by molecule, 2018-2030 (US$M)
Germany Pharmaceutical Market Outlook Share, 2024 & 2030 (US$M)
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