IMS Health Reports U.S. Prescription Sales Grew 5.1 Percent in 2009, to $300.3 Billion
NORWALK, Conn.--(BUSINESS WIRE)--Apr 1, 2010 - IMS Health today reported 5.1 percent growth in 2009 U.S. sales of ethical pharmaceuticals and insulins through retail and non-retail channels, reaching $300.3 billion, compared with growth of 1.8 percent in 2008.
“In 2009, demand for pharmaceuticals proved stronger than in the prior two years, yet remained at historically low levels,” said IMS's Murray Aitken, senior vice president, Healthcare Insight. “While the 32 innovative products launched last year brought important new treatment options to patients in a number of disease areas, including cancer, thrombosis and atrial fibrillation, they drove only a limited increase in drug spending. Access for the first time to lower-cost generic treatment options in the areas of epilepsy, migraine, and immune system disorders had a more moderate impact on market growth than generic launches in previous years. Stronger patient demand for prescription drugs throughout 2009, both for new therapy starts and refills, underscores the resilience of pharmacotherapies in today's healthcare equation.”
Factors contributing to the U.S. market's growth in 2009 include:
IMS identified the following key trends among the major therapy areas:
In its latest analysis, IMS also reported that use of generic products, including branded generics, continued to rise last year and now represent 75 percent of all dispensed prescriptions in the U.S., up from 57 percent in 2004. The total number of generic prescriptions dispensed increased 5.9 percent in 2009, while the number of branded prescriptions dispensed declined 7.6 percent.
Said Aitken, “The greater availability of generic options, growing differentials in co-pays between brands and generics, and efforts by patients, insurers and employers to encourage appropriate use of lower-cost alternatives were all factors in the changing mix of medicines used in patient treatment last year.”
For more information about the U.S. pharmaceutical market and the top therapeutic classes, products and sales distribution channels, go to http://www.imshealth.com/media.
Prescription product sales for ethical pharmaceuticals and human insulins are measured at wholesale prices for retail and non-retail channels and derived from IMS National Sales Perspectives™. Current pricing practices include the use of off-invoice discounts and rebates, which are not reflected in IMS's reported data, and are understood to be increasing. Dispensed prescription volumes for retail channels, mail order and long-term care are derived from IMS National Prescription Audit™. IMS routinely updates its market audits, which can and does result in changes to previously reported market size and growth rates. This analysis excludes OTC medications. Details and insights related to specialty pharmaceuticals, managed markets and pharmacotherapies are derived from IMS Specialty Market Dynamics™, IMS PlanTrak™, IMS PlanTrak Co-pay™, and LifeLink™ anonymized patient-centric data.
Operating in more than 100 countries, IMS Health is the world's leading provider of market intelligence to the pharmaceutical and healthcare industries. With more than 55 years of industry experience, IMS Health offers leading-edge market intelligence products and services that are integral to clients' day-to-day operations, including product and portfolio management capabilities; commercial effectiveness innovations; managed care and consumer health offerings; and consulting and services solutions that improve productivity and the delivery of quality healthcare worldwide. Additional information is available at http://www.imshealth.com.
Contact: IMS Communications
Gary Gatyas, 610-834-5338
Posted: April 2010