Top 5 Medicine Producing Countries in the World

4. Japan

2021 Medicine Production: $80,905,415,722

Population: 126,476,460

Medicine Production per Capita: $640

Japan is the third biggest pharmaceutical market in the world, with an annual estimated consumption of over $100 billion. The country is a key export market for pharmaceutical goods manufactured in the US. Japan has an ageing population that is playing an integral role in the strong demand for pharmaceutical products.