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*
* 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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Pacific Research Institute. (October 13, 2020). Estimated U.S. economic loss due to counterfeit drugs as of 2020, by scenario* [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1181283/us-cost-due-to-counterfeit-drugs-by-scenario/
Pacific Research Institute. "Estimated U.S. economic loss due to counterfeit drugs as of 2020, by scenario*." Chart. October 13, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1181283/us-cost-due-to-counterfeit-drugs-by-scenario/
Pacific Research Institute. (2020). Estimated U.S. economic loss due to counterfeit drugs as of 2020, by scenario*. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1181283/us-cost-due-to-counterfeit-drugs-by-scenario/
Pacific Research Institute. "Estimated U.S. Economic Loss Due to Counterfeit Drugs as of 2020, by Scenario*." Statista, Statista Inc., 13 Oct 2020, https://www.statista.com/statistics/1181283/us-cost-due-to-counterfeit-drugs-by-scenario/
Pacific Research Institute, Estimated U.S. economic loss due to counterfeit drugs as of 2020, by scenario* Statista, https://www.statista.com/statistics/1181283/us-cost-due-to-counterfeit-drugs-by-scenario/ (last visited December 30, 2024)
Estimated U.S. economic loss due to counterfeit drugs as of 2020, by scenario* [Graph], Pacific Research Institute, October 13, 2020. [Online]. Available: https://www.statista.com/statistics/1181283/us-cost-due-to-counterfeit-drugs-by-scenario/