IMS Health Forecasts Global Drug Spending to Increase 30 Percent by 2020, to $1.4 Trillion, As Medicine Use Gap Narrows
More than half of the world’s population will live in countries where medicine use will exceed one dose per person per d…
More than half of the world’s population will live in countries where medicine use will exceed one dose per person per d…
Following several years of slowing growth, the global market for medicines is poised to rebound from an expected low poi…
The IMS Institute for Healthcare Informatics today reported that global spending for medicines will reach nearly $1.1 tr…
. - Patent expiries and new wave of drug budget controls subdue growth among brands in developed markets - Pharmergin…
. - Peak years of patent expiries shift growth toward generics - Publicly funded markets face slower growth, added un…
. - Markets responding differently to negative economic conditions - U.S. market to decline in 2009 - Pharmerging m…
Key Dynamics Shaping Market: - Drug treatment costs decline in major therapy areas - Shift in growth from top seven ma…