LGM Pharma Competitive Landscape
Delivered January 31, 2020. Contributor: Rosalyn D.
Goals
Understand LGM Pharma's position in the market including market size and growth, company overview, key competitors, competitor overview, and a media scan of LGM Pharma and it's competitors.
Early Findings
Market Size
- In 2017, the global pharmaceutical market was valued at $934.8 billion USD with a CAGR of 5.8% to reach $1170 billion by 2021.
- The United States holds 43.72% of the global market and is expected to reach $685.45 billion USD by 2023.
- In 2018, United States consumers spent 3.67% of their income on pharmaceuticals.
- The top 10 companies in the market include:
Proposed next steps:
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