The main goal of the pharmaceutical industry is to provide drugs that prevent infections, maintain health and cure diseases. The global pharmaceutical industry is estimated to be worth $1 trillion. Of this, North America contributes about 40% and Europe about 28%.
The industry has made great strides in the past few decades, finding cures and means to control a large number of infections and diseases. Thanks to a continued rise in chronic illnesses, life-style related illnesses and an aging world population, the opportunity for pharmaceutical companies continues to grow.
There is a wide variety of companies operating in the pharmaceutical industry spanning the entire value chain.