IEKView: Global Pharmaceutical Market and Export Competitiveness of Taiwan’s New Drug Industry
- Category：
- IEKView
- Domain：
- Pharmaceuticals, Biopharmaceuticals,Regenerative Medicine,Supplements & Cosmetics
- Author：
- Date：
- 2026/01/28
- Pages：
Click Count：45 ｜Share to：
Report Outlook
The global pharmaceutical market is expected to maintain steady growth over the next five years, driven primarily by demand for innovative therapeutics and specific therapeutic areas. According to analysis by IQVIA, global pharmaceutical spending is projected to reach around US$2.4 trillion by 2029, with a compound annual growth rate (CAGR) of approximately 5.9% from 2024 to 2029. Oncology and obesity are the two therapeutic areas expected to emerge as the main growth engines.
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