Which country is the single largest market for pharmaceuticals in the world? Short fast 1 minute answer !

Biotechnology created a big revolution in economy, medicine, health, food and technology that created a billions of dollar market in pharmaceutics and biopharmaceutical products and services.

The United States was the largest pharmaceutical market in 2020, generating roughly 46 percent of total revenues worldwide. China established itself as the second-largest market with a sales share of eight percent (although the statistic shows the hospital market only for China).

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