Summary

Global Generics

Summary

Global Generics industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- A generic drug is defined as a copy of an ethical (prescription) drug formerly protected by patents that have now expired. Both unbranded generics and branded generics are included in our market scope. However, off-patent drugs that continue to be offered by the original manufacturer under the original name, and which form part of the 'generic-eligible' market, are not included. Market value is evaluated at ex-factory prices. Market volume refers to the proportion of the total ethical pharmaceutical market in a country or region that is made up of generic drugs. Thus, it is a measure of the market share held by generics, rather than a direct measure of the total market volume. Regional volumes are calculated as averages of countries that comprise the region where volume data exists.
- The global generics market recorded revenues of $426.7 billion in 2024, representing a compound annual growth rate (CAGR) of 7.7% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 1.3% between 2019 and 2024, reaching a total of 72.9% of total pharma volume in 2024.
- In 2024, the revenue of the global generics market experienced an annual growth of 8.1%. The market’s growth is driven by the rising prevalence of chronic diseases such as diabetes, hypertension, and cardiovascular conditions, increasing the demand for affordable, long-term medications.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the generics market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global generics market
- Leading company profiles reveal details of key generics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global generics market with five year forecasts by both value and volume

Reasons to Buy

- What was the size of the Global generics market by value in 2024?
- What will be the size of the Global generics market in 2029?
- What factors are affecting the strength of competition in the Global generics market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's generics market?

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Table of Contents

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List of Tables/Graphs

List of Tables
Table 1: Global generics market value: $ million, 2019-24
Table 2: Global generics market volume: % of total pharma volume, 2019-24
Table 3: Global generics market geography segmentation: $ million, 2024
Table 4: Global generics market value forecast: $ million, 2024-29
Table 5: Global generics market volume forecast: % of total pharma volume, 2024-29
Table 6: Teva Pharmaceutical Industries Ltd: Key Facts
Table 7: Teva Pharmaceutical Industries Ltd: Annual Financial Ratios
Table 8: Teva Pharmaceutical Industries Ltd: Key Employees
Table 9: Novartis AG: Key Facts
Table 10: Novartis AG: Annual Financial Ratios
Table 11: Novartis AG: Key Employees
Table 12: Viatris Inc: Key Facts
Table 13: Viatris Inc: Annual Financial Ratios
Table 14: Viatris Inc: Key Employees
Table 15: Sun Pharmaceutical Industries Ltd: Key Facts
Table 16: Sun Pharmaceutical Industries Ltd: Annual Financial Ratios
Table 17: Sun Pharmaceutical Industries Ltd: Key Employees
Table 18: Global Exchange Rate, 2019-24