Biotech Industry Statistics and Market Size Overview, Business and Industry Statistics

Biotech Industry Statistics and Market Size Overview

Global

Amount

Units

Year

Source

Total Pharmaceutical Sales, Worldwide1

1.7

Tril. US$

2023

PRE

Total R&D Expenses, PhRMA Member Companies (Estimated)

100.8

Bil. US$

2022

PhRMA

U.S.

Prescription Drug Expenditures1

411.6

Bil. US$

2023

CMS



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