This statistic depicts the global pharmaceutical revenue - including prescription and over-the-counter drugs - from 2012 to 2026, categorized by technology. In 2019, biotechnology accounted for 266 billion U.S. dollars in drug revenue while conventional drugs accumulated 469 billion U.S. dollars, and unclassified technology accounted for 175 billion U.S. dollars of revenue. Biotechnology allows for the utilization of living systems and organisms to create pharmaceutical products. The use of synthetic humanized insulin is widely used for the treatment of diabetes.
Global pharmaceutical revenue distributed by technology from 2012 to 2026
(in billion U.S. dollars)
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Evaluate. (July 16, 2020). Global pharmaceutical revenue distributed by technology from 2012 to 2026 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/309457/world-pharmaceutical-revenue-distribution-by-technology/
Evaluate. "Global pharmaceutical revenue distributed by technology from 2012 to 2026 (in billion U.S. dollars)." Chart. July 16, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/309457/world-pharmaceutical-revenue-distribution-by-technology/
Evaluate. (2020). Global pharmaceutical revenue distributed by technology from 2012 to 2026 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/309457/world-pharmaceutical-revenue-distribution-by-technology/
Evaluate. "Global Pharmaceutical Revenue Distributed by Technology from 2012 to 2026 (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Jul 2020, https://www.statista.com/statistics/309457/world-pharmaceutical-revenue-distribution-by-technology/
Evaluate, Global pharmaceutical revenue distributed by technology from 2012 to 2026 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/309457/world-pharmaceutical-revenue-distribution-by-technology/ (last visited December 21, 2024)
Global pharmaceutical revenue distributed by technology from 2012 to 2026 (in billion U.S. dollars) [Graph], Evaluate, July 16, 2020. [Online]. Available: https://www.statista.com/statistics/309457/world-pharmaceutical-revenue-distribution-by-technology/