This statistic depicts the total generic prescription drug sales worldwide from 2012 to 2026. In 2020, the industry generated 74 billion U.S. dollars in generic prescription drug sales worldwide. Until 2026, global prescribed generics sales are expected to reach nearly 100 billion U.S. dollars. Generics are much cheaper copies of originally branded drugs which lost their patent protection. Through the use of generics instead of branded/patent protected drugs, savings of many billions of dollars can be achieved.
Worldwide generic prescription drug sales from 2012 to 2026
(in billion U.S. dollars)
Sales to 2020 based on company reported sales data. Sales forecasts to 2026 based on a consensus of leading equity analysts’ estimates for company product sales and segmental sales.
* All figures are projected from 2021 on.
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Evaluate. (July 30, 2021). Worldwide generic prescription drug sales from 2012 to 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/309411/global-total-generic-prescription-drug-revenue/
Evaluate. "Worldwide generic prescription drug sales from 2012 to 2026 (in billion U.S. dollars)." Chart. July 30, 2021. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/309411/global-total-generic-prescription-drug-revenue/
Evaluate. (2021). Worldwide generic prescription drug sales from 2012 to 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/309411/global-total-generic-prescription-drug-revenue/
Evaluate. "Worldwide Generic Prescription Drug Sales from 2012 to 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jul 2021, https://www.statista.com/statistics/309411/global-total-generic-prescription-drug-revenue/
Evaluate, Worldwide generic prescription drug sales from 2012 to 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/309411/global-total-generic-prescription-drug-revenue/ (last visited October 15, 2024)
Worldwide generic prescription drug sales from 2012 to 2026 (in billion U.S. dollars) [Graph], Evaluate, July 30, 2021. [Online]. Available: https://www.statista.com/statistics/309411/global-total-generic-prescription-drug-revenue/
