BROWSE THROUGH OUR TRADE FAIRS IN GERMANY FOR PHARMACEUTICALS INDUSTRY

Germany is one of the central, leading and time-established countries in the pharmaceutical industry. It is applicable to the European and global segments of the sector. This is due to the notably extensive and high-value pharmaceutical market and industry present in the state. It comprises more than 600 enterprises. They range from small and medium-scale enterprises to expansive, time-honoured corporations. They employ up to 140 000 specialists throughout the entire value chain. This results in the generation of notably high annual turnover rates, which have reached 56 500 000 000 EUR in recent years. It also incorporates a production market value of 34 600 000 000 EUR. In addition, the German pharmaceutical industry has exported wares of up to 101 600 000 000 EUR. Furthermore, the segment is anticipated to continue its development at a CAGR of 6.4%. Among the leading causes for its growth potential is its chief focus on research and development. It includes notable contributions towards studying novel solutions. It has equated up to 8 700 000 000 EUR in recent years. Generally, the sector presents its latest innovations during trade shows. It includes triennial and annual expos in diverse German cities. They attract hundreds of thousands of attendants.