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Baner Club > Blog > Business > Pakistan’s pharma market crosses Rs1 trillion mark amid price hikes
BusinessPakistan

Pakistan’s pharma market crosses Rs1 trillion mark amid price hikes

Data represents robust growth of 20.62% in rupee terms and 23.14% growth when viewed in US dollar terms

Last updated: 2025/05/15 at 3:43 PM
Published May 15, 2025
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ISLAMABAD For the 12 months ending in March 2025, sales in Pakistan’s retail pharmaceutical sector increased significantly, surpassing the Rs1.049 trillion mark.

In terms of rupees, this indicates a strong growth of 20.62%, and in terms of US dollars, it is even higher at 23.14%.

A closer examination of the statistics, however, shows that this remarkable revenue gain is mostly driven by large price increases rather than a notable increase in the number of medications used.

The most recent Market Access Tracker (MAT) Q1 2025 data from IQVIA Pakistan states that actual pharmaceutical unit sales increased by a relatively small 3.63% year over year to reach 3.77 billion units.

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zunaira arooj May 15, 2025 May 15, 2025
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