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U.S. economic loss due to counterfeit drugs by scenario 2020

Published by
Matej Mikulic,
Dec 10, 2020
Based on estimates saying the global counterfeit drugs market to be worth 200 billion U.S. dollars, counterfeit drugs could be accountable for nine billion dollars worth of lost federal and state tax revenues in the United States.

Estimated U.S. economic loss due to counterfeit drugs as of 2020, by scenario*

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Release date

October 2020

Region

United States

Survey time period

as of 2020

Supplementary notes

* In order to account for the uncertainty regarding the precise size of the counterfeit market, four potential economic scenarios are evaluated that are associated with estimated global counterfeit markets of $100 billion, $200 billion, $300 billion, and $431 billion.

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Statistics on " Drug shortages "

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Statistics on Drug shortages

Drug usage

3

Most used drugs

5

Drug shortages: United States

5

Drug shortages: Canada

6

Drug shortages: European Union

6

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