Biopharmaceutical Market Size Projected to Reach USD 17,902.42 Billion by 2032 with 49.60% CAGR – SNS Insider [Yahoo! Finance]
Pfizer, Inc. (PFE)
Last pfizer, inc. earnings: 4/28 06:45 am
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Source: Yahoo! Finance
Pune, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Biopharmaceutical Market Size & Growth Analysis: According to SNS Insider, The Size was valued at USD 572.33 Billion in 2023 and is expected to reach USD 17,902.42 Billion by 2032 and grow at a CAGR of 49.60% over the forecast period 2024-2032. An increasing burden of chronic diseases is driving the demand for biopharmaceuticals globally. Governments worldwide are taking initiatives to raise awareness about these diseases, which is further propelling the demand for biopharmaceuticals. The market for targeted-based drugs used in treating chronic diseases, rare diseases, and genetic mutations is expected to grow steadily. Every year, 41 million people die from Non-Communicable Diseases (NCDs) or chronic illnesses, accounting for 74% of all global deaths according to WHO 2023 data. The evidence shows that older age groups are more likely to have these conditions, with 17 million people dying before the age of 70. Around 86% of these prematu
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PFE
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- 7/30/24 - Beat
PFE
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- 9/16/24 - Form 4
- 9/16/24 - Form 4
- 9/16/24 - Form 4
- PFE's page on the SEC website