The Japanese-language version of World Preview 2019, Outlook to 2024 is now available here.
The latest annual World Preview 2019, Outlook to 2024 comes at one of the most exciting points in the industry’s development. There is significant optimism around the launch of new technologies and the approval of the first cell and gene therapies, resulting in prescription drug sales being forecast to reach $1.18trn in 2024.
Evaluate’s report examines the other key areas that are expected to drive growth, such as orphan drugs which are expected to contribute $239bn of sales in 2024, or oncology therapies with a similar $236bn forecast.
However, as more new technologies reach the market, drug pricing pressure may continue to intensify and damper the overall sales outlook, especially as patent expiries mean almost $200bn of sales are at risk by 2024.
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