Generic Pharmaceuticals Market to be valued at USD 740.5 billion by 2032
Market Overview The generic pharmaceuticals market is a dynamic sector in the healthcare industry, characterized by the production and sale of pharmaceutical products that are bioequivalent to branded drugs but offered at lower prices. Generic drugs play a crucial role in making healthcare more affordable and accessible to a larger population. In 2022, the global generic pharmaceuticals market was worth USD 346.5 billion. It is expected to reach USD 740.5 billion growing at a CAGR of 8.1% between 2023-2032. Get ahead of the competition for future growth. Request a custom report tailored to your expansion plans today! Key Takeaways The global generic pharmaceuticals market is…
- Date: July 11, 2023
- Author: Thomas Bretz
- Category: Taiwan News