Japan pharma market review

28 June 2019

Gross domestic product (GDP) in Japan is about $5 trillion, and the country’s pharmaceutical market is one of the largest in the world, with figures from the Ministry of Health, Labour and Welfare (MHLW) indicating a market value of about $95 billion, including non-prescription medications.

Analysts expect the country’s market for drugs will continue to grow, driven by a range of factors, including a 10% increase in demand for solid dose formulations, as well as strong growth in generics.

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