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Research Outline
Prepared for Rachel C. | Delivered January 31, 2020
LGM Pharma Competitive Landscape
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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.
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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:
Pfizer Inc.
Johnson & Johnson
Roche Holding AG
AbbVie Inc.
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Novartis AG
Merck & Co., Inc.
Gilead Sciences, Inc.
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Bristol-Myers Squib
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