This statistic shows the actual and projected decrease in brand drug spending due to loss of exclusivity from 2014 to 2024. According to the data, there will be an estimated decrease of 41 billion U.S. dollars in brand drug spending in 2023.
Actual and projected decrease in U.S. brand drug spending due to loss of exclusivity from 2014 to 2024
(in billion U.S. dollars)
Characteristic
Spending decrease in billion U.S. dollars
2024 (projected)
-27
2023 (projected)
-41
2022 (projected)
-23
2021 (projected)
-16
2020 (projected)
-14
2019 (projected)
-14
2018 (projected)
-11
2017 (actual)
-16
2016 (actual)
-15
2015 (actual)
-15
2014 (actual)
-12
-45-40-35-30-25-20-15-10-50
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PhRMA. (December 15, 2020). Actual and projected decrease in U.S. brand drug spending due to loss of exclusivity from 2014 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 19, 2025, from https://www.statista.com/statistics/886733/decrease-in-drug-spending-due-to-loss-of-exclusivity-us/
PhRMA. "Actual and projected decrease in U.S. brand drug spending due to loss of exclusivity from 2014 to 2024 (in billion U.S. dollars)." Chart. December 15, 2020. Statista. Accessed April 19, 2025. https://www.statista.com/statistics/886733/decrease-in-drug-spending-due-to-loss-of-exclusivity-us/
PhRMA. (2020). Actual and projected decrease in U.S. brand drug spending due to loss of exclusivity from 2014 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 19, 2025. https://www.statista.com/statistics/886733/decrease-in-drug-spending-due-to-loss-of-exclusivity-us/
PhRMA. "Actual and Projected Decrease in U.S. Brand Drug Spending Due to Loss of Exclusivity from 2014 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Dec 2020, https://www.statista.com/statistics/886733/decrease-in-drug-spending-due-to-loss-of-exclusivity-us/
PhRMA, Actual and projected decrease in U.S. brand drug spending due to loss of exclusivity from 2014 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/886733/decrease-in-drug-spending-due-to-loss-of-exclusivity-us/ (last visited April 19, 2025)
Actual and projected decrease in U.S. brand drug spending due to loss of exclusivity from 2014 to 2024 (in billion U.S. dollars) [Graph], PhRMA, December 15, 2020. [Online]. Available: https://www.statista.com/statistics/886733/decrease-in-drug-spending-due-to-loss-of-exclusivity-us/
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