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You need a Statista account to have unlimited access. Access to this and all other statistics on 80,000 topics from Show source information Show publisher information Use the Ask Statista Research Service This statistic was collected from several of IQVIA's publications. Values are based on invoice expenditure. Pharmaceutical Products %26 Market You can only download this statistic as a Premium user.
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Get full access to all the features of our corporate solutions. You only have access to basic statistics. This statistic is not included in your account. Increasing Disease Prevalence in the U.S.
UU. The increasing number of prescription drugs being introduced to the market, along with the increase in the number of outpatient and inpatient admissions in the country, is leading to an increase in the number of prescriptions filled at retail pharmacies in the country. This rapid growth in the number of prescriptions is causing an increase in the number of pharmacies in the country for the distribution of these drugs. Geographic Expansion of Physical Stores and Pharmacies by Major U.S.
In addition, the entry of e-commerce giants, such as Amazon, into the online pharmacy segment in the U.S. Pharma market growth during the forecast period. Growing Health Awareness Amid the COVID-19 Pandemic The COVID-19 pandemic has had a positive impact on the pharmaceutical market. Key players reported significant revenue growth from the pharmacy business due to the significant increase in the number of patients receiving medication at home during COVID-19 restrictions.
In addition, with the outbreak of COVID-19, home care settings became more important than ever, allowing patients the safety of staying in their homes and reducing the risk of exposure. Therefore, several local drugs witnessed an increase in demand for delivery services and that led to an increase in prescription revenues. Request a free sample to learn more about this report. Expansion of e-pharmacies and increased penetration of e-commerce services to stimulate growth More people prefer home delivery of medical products due to the lack of availability of certain products in local retail pharmacies or the availability of products to a reasonable or low cost.
In addition, increasing penetration and literacy with respect to Internet use is expected to boost the region's overall market. For example, according to World Bank data, in the U.S. Increasing prevalence of chronic diseases and increasing geriatric population to increase demand Globally, the burden of chronic diseases is increasing rapidly. There has been an immense increase in the incidence of diabetes, cancer, chronic immune deficiencies and congestive heart failure, among others.
According to the World Health Organization (WHO), chronic diseases affect approximately 133 million Americans, representing 40% of the country's total population. This is expected to result in a large group of patients suffering from various chronic diseases, along with patients receiving home therapy and long-term care facilities. In addition, the increase in the geriatric population in the country is also contributing to the growth of the market in the country. For example, according to the Rural Health Information Center, there are currently more than 46 million adults 65 and older living in the U.S.
These factors are likely to drive the pharmaceutical market in the U.S. To learn how our report can help streamline your business, talk to the analyst brand segment to represent a dominant stake Depending on the product, this market is segmented into brand and generic Depending on the class of therapy, the market is classified into oncology, antidiabetics, autoimmune diseases, respiratory, pain, nervous system disorders, dermatology, antihypertensive drugs, mental health, HIV antivirals, multiple sclerosis, anticoagulants, other cardiovascular diseases, ADHD, gastrointestinal products, viral hepatitis, sex hormones, antibacterial agents, hormonal contraception, ophthalmology and others. A Strong Product Portfolio of Leading Actors Helps Your Domain The U.S. The market is a semi-consolidated market with major players such as CVS Health Corporation, Walgreens Boots Alliance, Inc.
These key players are constantly focusing on launching physical pharmacies and online pharmacies with various technological advances for drug distribution and establishing strategic partnerships with other actors to expand their product portfolio. In addition, the increase in the number of prescriptions filled in the country by major players is contributing to player growth and therefore led to an increase in the player's overall market share. Other notable players include UnitedHealth Group, Walmart Inc. Pharmacy Marketplace For information on various segments, share your inquiries with us The U, S.
Pharmacy Market Research Report Provides Detailed Market Analysis. It focuses on key aspects such as leading companies, type, type of therapy and environment. In addition, it provides information on market trends and highlights major developments in the industry. In addition to the factors mentioned above, the report covers several factors that have contributed to market growth in recent years.
Type, therapy class and configuration Recalls and lawsuits between pharmaceutical companies to hinder market growth By type, brand-name drug is the leading segment. The increase in the prevalence of chronic diseases and the increase in the geriatric population are expected to boost the pharmaceutical market in the country. CVS Health Corporation, Walgreens Boots Alliance, Inc. In addition, in this pharmaceutical group, there is a convenient coincidence between the high research activity in the elimination of these drugs in water, and this pharmaceutical group represents one of the most income for the pharmaceutical industry and also this group is one of the most consumed according to the OECD countries in the world.
Therefore, an attempt was made to analyze the pharmaceutical market, drug consumption trends and pharmaceutical research interests around the world. This is important because the market and revenue generation, and the consumption of pharmaceuticals, can be governed by different drivers. In this paper, the effects of the COVID-19 pandemic on the drug market and trends in pharmaceutical consumption are not discussed because such data are not yet fully available. For example, from Figure 2, it is possible to distinguish that the projected global pharmaceutical sales show that North America and Europe lead in terms of global revenues for the pharmaceutical industry; therefore, these continents are the most active in terms of research on the elimination of pharmaceuticals in wastewater.
In addition, according to the values presented for these pharmaceutical groups in Table 4, it can be seen that the three countries most active in conducting research on drug disposal in wastewater are China, the U. In addition, filing a lawsuit in the pharmaceutical and pharmaceutical industry directly affects the company's brand image, thus forcing the company to pay huge sums to reach an agreement. As shown, only drugs to treat the cardiovascular system, metabolic disorders and diabetes are on the list of the five most important pharmaceuticals from a market and income generation perspective. This total only includes companies that are part of the Pharmaceutical Research and Manufacturers of America trade group, but this group represents all of the major pharmaceutical research companies in the U.
In this work, an attempt was made to analyze the pharmaceutical market, drug consumption trends and pharmaceutical research interests around the world. Chapter 10 Global Markets for Contract Pharmaceutical Manufacturing, Research and Packaging (PHM043H). This means that this pharmaceutical group is not used as keywords by the authors in their articles related to the disposal of pharmaceuticals in wastewater. In particular, the above analysis only includes trends in the consumption of pharmaceuticals in OECD countries, since there is limited information on the remaining countries; however, such an analysis could be considered representative of global pharmaceutical consumption.
Also, in the case of scientific articles of the respiratory system pharmaceutical group, the search string in Scopus was (respiratory system) + (wastewater) or (water) + (disposal) because there were no additional keywords as is the case for the pharmaceutical group of the alimentary tract and metabolism. Therefore, this article is an important contribution for those who are interested not only in the pharmaceutical market, drug consumption or disease burden rate; consequently, it is also critical to associate the above-mentioned topics with the different fronts of pharmaceutical research for the drug disposal in water and wastewater currently under the attention and concern of the scientific community. However, this positivism in the market is marred because the discharge of pharmaceuticals and their metabolites into the environment, including water, is also increasing due to their improper handling, treatment and disposal; now, worldwide, this fact is recognized as an environmental and human health concern risk. .
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