This statistic shows the components of change in total spending on medication in the United States between 2014 and 2020, in billion U.S. dollars. The figures show spending based on net manufacturer prices. In 2021, a decrease of 0.2 billion U.S. dollars was reported for generics.
Change in branded and generic medication spending in the United States from 2014 to 2021
(in billion U.S. dollars)
Spending is based on net manufacturer prices. Generics include both unbranded and branded generics. COVID-19 vaccines and therapeutics are inclkuded. Segments are mutually exclusive. Includes all medicines in both pharmacy and institutional settings.
Protected brand growth is split by volume and price growth. New Brands segment includes products launched in the last two years. Patent expiry category represents the impact of products that lost exclusivity.
* No data explicitly for generics price/volume in the source.
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IQVIA. (April 21, 2022). Change in branded and generic medication spending in the United States from 2014 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/238690/us-protected-brand-medicines-sales/
IQVIA. "Change in branded and generic medication spending in the United States from 2014 to 2021 (in billion U.S. dollars)." Chart. April 21, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/238690/us-protected-brand-medicines-sales/
IQVIA. (2022). Change in branded and generic medication spending in the United States from 2014 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/238690/us-protected-brand-medicines-sales/
IQVIA. "Change in Branded and Generic Medication Spending in The United States from 2014 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 21 Apr 2022, https://www.statista.com/statistics/238690/us-protected-brand-medicines-sales/
IQVIA, Change in branded and generic medication spending in the United States from 2014 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/238690/us-protected-brand-medicines-sales/ (last visited July 22, 2024)
Change in branded and generic medication spending in the United States from 2014 to 2021 (in billion U.S. dollars) [Graph], IQVIA, April 21, 2022. [Online]. Available: https://www.statista.com/statistics/238690/us-protected-brand-medicines-sales/
