The healthcare industry is witnessing significant growth with the rising demand for effective and standard healthcare services and treatments, a shift in demographic dividend, soaring healthcare expenditure, and a focus towards leading a healthy lifestyle that has been recently fuelled by the COVID19 pandemic.
The global healthcare spending in 2020 was USD 8.3 trillion and it is expected to increase to USD 8.8 trillion in 2021. Pharmaceutical drugs are in high demand all across the world that even during a recession, the pharmaceutical industry remains unaffected. In the coming years as well the pharmaceutical sector will observe significant growth due to various other factors.
From the pool of the pharma and biotech players, DelveInsight has picked the leading pharma companies worldwide who managed to add exponentially to their revenue, went on to launch their novel therapies, and made news due to their high yielding collaborations and agreements in the last year.
Read more: Top Pharmaceutical Companies Worldwide By Revenue