Total worldwide generic prescription drug revenue 2010-2024

This statistic depicts the total generic prescription drug revenue worldwide from 2010 to 2024. In 2019, the industry is expected to generate 79 billion U.S. dollars in generic prescription drug revenue worldwide. Until 2024, the global prescribed generics market is expected to reach 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 total generic prescription drug revenue from 2010 to 2024

Revenue in billion U.S. dollars
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Source

Release date

June 2019

Region

Worldwide

Survey time period

as of May 2019

Supplementary notes

Sales to 2018 based on company reported sales data. Sales forecasts to 2024 based on a consensus of leading equity analysts’ estimates for company product sales and segmental sales.
* Projected.

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Statistics on "Generics and biosimilars"

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