It will take decades altogether for the world to come out of the jolts of the Covid-19 pandemic. No wonder the largest cause of spending on medicine is going to be Covid-19 vaccinations themselves. The healthcare industry is at the core of treatments, vaccinations, hospital supplies, and many more, it cannot spare itself from the realms of transformation. Though the vaccines against the various variants of Covid-19 virus have created additional revenue streams, many other segments of the pharmaceutical industry have suffered negative growth because of limited access to healthcare systems.
Global pharmacy- An Overview of the Pharmaceutical Industry
Growth in the Pharmaceuticals market is mainly driven by:
How much is the pharmaceutical industry worth in 2022?
Answer – Oncology Drugs