The COVID-19 (Coronavirus Disease 2019) pandemic increased the demand of related preventive and therapeutic, driving the global pharmaceutical market continue growing to US$1.4 trillion in 2021, an increase of 12.4% over 2020, and the compound annual growth rate (CAGR) of 2017 ~ 2021 was 5.0%. It is expected that the demand for medical services and medicines will return to normal as the epidemic slows down，however, with the rising demand for aging, cancer, and chronic diseases medications, the global pharmaceutical market is predicted to grow to US$1.7 trillion by 2023 and 2022 ~ 2026 CAGR will be 4.6%.
I、Definition and Scope
II、Development of Pharmaceutical Industry in 2021
III、Key Market
IV、Future Outlook for Global Pharmaceutical Industry
V、Development Directions of Taiwan's Pharmaceutical Industry and Suggestions
Table 1 Classification of Pharmaceutical-related Industries in Taiwan