This statistic depicts a projection for the total prescription drug revenue worldwide from 2020 to 2028. In 2023, the industry is expected to generate 1.12 trillion U.S. dollars in prescription drug revenue worldwide. Revenues are projected to reach nearly 1.6 trillion U.S. dollars by 2028. There is an increasing growth especially in sales of so-called orphan drugs for the treatment of rare diseases. The pandemic and the demand for treatments and vaccines brought a significant increase in 2020-2021 revenues.
Projected worldwide total prescription drug revenue from 2020 to 2028
(in billion U.S. dollars)
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Revenue in billion U.S. dollars
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Evaluate. (August 14, 2023). Projected worldwide total prescription drug revenue from 2020 to 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/309387/global-total-prescription-drug-revenue-projection/
Evaluate. "Projected worldwide total prescription drug revenue from 2020 to 2028 (in billion U.S. dollars)." Chart. August 14, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/309387/global-total-prescription-drug-revenue-projection/
Evaluate. (2023). Projected worldwide total prescription drug revenue from 2020 to 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/309387/global-total-prescription-drug-revenue-projection/
Evaluate. "Projected Worldwide Total Prescription Drug Revenue from 2020 to 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Aug 2023, https://www.statista.com/statistics/309387/global-total-prescription-drug-revenue-projection/
Evaluate, Projected worldwide total prescription drug revenue from 2020 to 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/309387/global-total-prescription-drug-revenue-projection/ (last visited August 24, 2024)
Projected worldwide total prescription drug revenue from 2020 to 2028 (in billion U.S. dollars) [Graph], Evaluate, August 14, 2023. [Online]. Available: https://www.statista.com/statistics/309387/global-total-prescription-drug-revenue-projection/