Generic drugs market size worldwide 2023-2033

Published by
Matej Mikulic,
Jun 27, 2024
In 2023, the total market for generic drugs worldwide was estimated at around 424 billion U.S. dollars. The market is expected to increase to more than 600 billion U.S. dollars by the begin of the next decade. This statistic illustrates a forecast for the total market of generic drugs worldwide.

Total global generic drugs market forecast from 2023 to 2033 (in billion U.S. dollars)

CharacteristicMarket size in billion U.S. dollars
2033 691
2032 658
2031 627
2030 597
2029 569
2028 541
2027 516
2026 491
2025 468
2024 445
2023 424
Showing entries 1 to 11 (11 entries in total)
Created with Highcharts 7.2.2Market size in billion U.S. dollars42442444544546846849149151651654154156956959759762762765865869169120232024202520262027202820292030203120322033
0100200300400500600700800

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Release date

April 2024

Region

Worldwide

Survey time period

as of April 2024

Supplementary notes

The base year is 2023, all other years are forecasts.

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