Country rankings

Pharmaceutical Market Size by Country

United States has the highest Total Sales in 2024 ($714.3B), followed by China ($111.9B) and Japan ($64.8B). Canada has the lowest ($31.2B).

10 of 235 countries

Total Sales, 2024

Darker means higher. Click a place to highlight it.

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All 10 ranked

Highest first.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one country; the lines mark the median and the middle half.

Median
$43.6B
Middle half $33.63B – $64.78B
Average
$117.59B
10 countries
Highest
$714.3B
United States
Lowest
$31.2B
Canada

Over time · 2022–2024

The top 5 in 2024, against the median.

  • Median of all countries
  • United States
  • China
  • Japan
  • Germany
  • France

Data

Click a column to sort, a row to highlight that place on the charts.

10 countries · # = rank by Total Sales
#
1United States$714.3B9.7%9.4%9.4%
2China$111.9B2.5%-1.9%-1.9%
3Japan$64.8B2.5%2.6%2.6%
4Germany$64.7B7.8%5.4%5.4%
5France$46.5B5.3%10.0%10.0%
6Italy$40.7B9%10.3%10.3%
7United Kingdom$37.9B7.8%6.3%6.3%
8Spain$32.2B10.0%8%8%
9Brazil$31.7B12.0%17.7%17.7%
10Canada$31.2B7.8%9.5%9.5%

What correlates with Total Sales (2024)?

Pearson r against 1,525 other country metrics sharing at least 10 countries, 3 near-identical series hidden. Correlation is not causation.

Higher together

Places that have a higher Total Sales tend to score higher on these

  1. Non-Melanoma Prevalence - FemaleFemale Skin Cancer Rates by Country
    r = +0.99 · very strong · n = 10
    Plot
  2. Non-Melanoma Prevalence - AllSkin Cancer Rates by Country
    r = +0.99 · very strong · n = 10
    Plot
  3. 50 to 100 MillionHigh Net Worth Individuals by Country
    r = +0.99 · very strong · n = 10
    Plot
  4. Non-Melanoma Prevalence - MaleMale Skin Cancer Rates by Country
    r = +0.99 · very strong · n = 10
    Plot
  5. HeliportsNumber of Heliports by Country
    r = +0.99 · very strong · n = 10
    Plot
  6. % JewsReligious People by Country
    r = +0.99 · very strong · n = 10
    Plot

Opposite directions

Places that have a higher Total Sales tend to score lower on these

  1. Net International Investment PositionNet International Investment Position by Country
    r = −0.94 · very strong · n = 10
    Plot
  2. Happy Planet Index ScoreHappy Planet Index by Country
    r = −0.71 · very strong · n = 10
    Plot
  3. Non-Melanoma Death Rate - FemaleFemale Skin Cancer Rates by Country
    r = −0.70 · strong · n = 10
    Plot
  4. Openness %Countries with Open Borders
    r = −0.67 · strong · n = 10
    Plot
  5. Openness Score (out of 198)Countries with Open Borders
    r = −0.67 · strong · n = 10
    Plot
  6. % of Population Who Completed Primary Series COVID Vacc.COVID Vaccines by Country
    r = −0.66 · strong · n = 10
    Plot

Quick answers

Which country has the highest Total Sales?
United States has the highest Total Sales in 2024, at $714.3B, followed by China ($111.9B) and Japan ($64.8B).
Which country has the lowest Total Sales?
Canada has the lowest Total Sales in 2024, at $31.2B.
What is the median Total Sales across countries?
The median is $43.6B across the 10 countries with data in 2024.
Where does this pharmaceutical market size by country data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Top 10 Pharmaceutical Markets Worldwide, 2022 - IQVIA; The Pharmaceutical Industry in Figures 2023 - EFPIA; Top 10 Pharmaceutical Markets Worldwide, 2023 - IQVIA; Top 10 Pharmaceutical Markets Worldwide, 2024 - IQVIA.

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