Top 5 Medicine Producing Countries in the World

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In this article, we will be covering the top 5 medicine producing countries in the world. If you want to read our detailed analysis of the pharmaceutical industry and emerging trends, go directly to the Top 16 Medicine Producing Countries in the World.

5. Ireland

2021 Medicine Production: $62,683,162,479

Population: 4,937,790

Medicine Production per Capita: $12,695

Ireland is the fifth biggest exporter of pharmaceutical products in the world. The country has established itself as a leading global centre for pharmaceutical manufacturing. Due to the low corporate tax in the country, numerous leading pharmaceutical companies like Pfizer Inc. (NYSE:PFE), Merck & Co., Inc. (NYSE:MRK), AbbVie Inc. (NYSE:ABBV), Bristol-Myers Squibb Company (NYSE:BMY), and Johnson & Johnson have established their manufacturing facilities in Ireland. The country provides convenient shipping facilities across the Atlantic as well.

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