Growth of emerging economies threatens US dominance of generics market, says report
The USA’s dominance of the global generics market will gradually shift to emerging markets including India, China, and Brazil, according to a new survey.
An extensive survey of 47 generic drug industry experts conducted by business intelligence provider GBI Research sought views on the future of this market, and the report also used the firm's own data, research and analysis to make predictions.
Around 29% of the surveyed experts believed that China would become the highest revenue-generating emerging market for generic drug manufacturers in the next five years, with 23% of respondents predicting that it would be India.
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