Worldwide generic prescription drug sales 2012-2026
This statistic depicts the total generic prescription drug sales worldwide from 2012 to 2026. In 2020, the industry generated 74 billion U.S. dollars in generic prescription drug sales worldwide. Until 2026, global prescribed generics sales are expected to reach nearly 100 billion U.S. dollars. Generics are much cheaper copies of originally branded drugs which lost their patent protection. Through the use of generics instead of branded/patent protected drugs, savings of many billions of dollars can be achieved.