Top 10 Pharmaceutical Companies in World

Despite all odds faced during the pandemic, Pharmaceutical companies across the globe are showing exponential growth. For example, some pharmaceutical companies have successfully developed covid 19 vaccines in record time with their ongoing projects of new drug developments. Further, R&D activities, new funding, technologies, and business strategies have driven the pharmaceutical industry in recent years. As a result, the FDA has approved 50 new drugs in 2021. Further, many pharmaceutical companies have met their monetary anticipations in the current year regardless of lockdown and social distancing norms.

As per the GlobeNewswire report, the global pharmaceuticals market is expected to grow from $1228.45 billion in 2020 to $1250.24 billion in 2021 at a compound annual growth rate (CAGR) 1.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. As a result, the market is expected to reach $1700.97 billion in 2025 at a CAGR of 8%.

We have listed the leading pharmaceutical companies by their 2021 revenue. The list below shows the top 10 pharma companies in the world in 2021:

1. Pfizer: $ 45,083 million

The Company applies science and global resources to bring therapies to people that extend and significantly improve their lives by discovering, developing, manufacturing, and distributing healthcare products, including innovative medicines and vaccines.

2. GlaxoSmithKline: $ 40,156 million

The Company has three global businesses that discover, develop and manufacture innovative medicines, vaccines, and consumer healthcare products. Every day, the brand help improve the health of millions of people worldwide, and it is one of the top 10 oncology pharma companies.

3. Sanofi : $ 38,555 million

Sanofi is a global healthcare leader and one of the best pharmaceutical companies. The company’s Primary Care and Specialty Care GBUs are focused exclusively on mature markets. The brand is among the top 20 global pharma companies.

4. Roche: $ 27,290 million

Roche was one of the first companies to bring targeted treatments to patients and the best pharmaceutical companies. With combined strength in pharmaceuticals and diagnostics, the company is better equipped than any other company to drive personalized healthcare further.

5. AstraZeneca: $ 26,475 million

AstraZeneca’s business is organized to sustain our strategic priorities, supporting continued scientific innovation and commercial success. They focus on discovering, developing, and commercializing prescription medicines in Oncology and BioPharmaceuticals, including Cardiovascular, Renal & Metabolism, and Respiratory & Immunology.

6. Unilever: $ 24,395 million

Established over 100 years ago, Unilever is one of the world’s largest consumer goods companies. Their products are available in over 190 countries and over 400 household name brands.

7. Johnson & Johnson: $ 23,267 million

The company’s primary focus is products related to human health and well-being. Johnson & Johnson was incorporated in the State of New Jersey in 1887. It is one of the top 10 oncology pharma companies. The company presents three business segments: Consumer, Pharmaceutical, and Medical Devices.

8. Novartis: $ 22,576 million

Novartis is structured to deliver innovative products, exploit global scale, and respond to new opportunities and risks. Their divisions – Innovative Medicines and Sandoz – are supported by functional organizations globally.

9. Merck & Co: $ 20,375 million

For over 130 years, Merck (known as MSD outside the U.S. and Canada) has been inventing for life, bringing forward medicines and vaccines for many of the world’s most challenging diseases to pursue our mission to save and improve lives.

10. Wyeth: $ 16,884 million

Wyeth has pioneered infant and young child nutrition since 1915, consistently delivering scientifically-advanced nutrition & personalized solutions for pregnant women, infants, and young kids.

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