In 2016, multinational companies accounted for almost 56 percent of the Philippines' entire cardiovascular medicines sales. By comparison, local companies, including Unilab's market share, is lesser in that same year but has been significantly increasing in the past ten years.
Market share of corporations in the cardiovascular medicines sales in the Philippines from 2007 to 2016, by type
According the Philippine domestic pharmaceutical market is segmented into three license types of drugs:
(1) originators; (2) branded generics; and (3) unbranded generics. IQVIA defines originators as those drugs that are first to launch within a single or combined molecule. Meanwhile, branded generics, have the same molecule as the originator. Unbranded generics are those that carry the name of the molecule followed by its manufacturer.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IPCC. (June 8, 2020). Market share of corporations in the cardiovascular medicines sales in the Philippines from 2007 to 2016, by type [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1196454/philippines-share-of-corporations-in-cardiovascular-medicines-by-type/
IPCC. "Market share of corporations in the cardiovascular medicines sales in the Philippines from 2007 to 2016, by type." Chart. June 8, 2020. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1196454/philippines-share-of-corporations-in-cardiovascular-medicines-by-type/
IPCC. (2020). Market share of corporations in the cardiovascular medicines sales in the Philippines from 2007 to 2016, by type. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1196454/philippines-share-of-corporations-in-cardiovascular-medicines-by-type/
IPCC. "Market Share of Corporations in The Cardiovascular Medicines Sales in The Philippines from 2007 to 2016, by Type." Statista, Statista Inc., 8 Jun 2020, https://www.statista.com/statistics/1196454/philippines-share-of-corporations-in-cardiovascular-medicines-by-type/
IPCC, Market share of corporations in the cardiovascular medicines sales in the Philippines from 2007 to 2016, by type Statista, https://www.statista.com/statistics/1196454/philippines-share-of-corporations-in-cardiovascular-medicines-by-type/ (last visited November 23, 2024)
Market share of corporations in the cardiovascular medicines sales in the Philippines from 2007 to 2016, by type [Graph], IPCC, June 8, 2020. [Online]. Available: https://www.statista.com/statistics/1196454/philippines-share-of-corporations-in-cardiovascular-medicines-by-type/
