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Global number of new drugs lost as result of count

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Posted On: 04/09/2021 3:39:57 AM
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Posted By: Puravida19
Global number of new drugs lost as result of counterfeit drug sales by scenario 2020

Published by Matej Mikulic, Dec 10, 2020

 Based on an estimated global counterfeit drug market being worth some 200 billion U.S. dollars, revenue losses due to counterfeits are probably accountable for 13 new drugs not being brought to market every year.

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Anti-counterfeit Packaging Market by Technology (Mass Encoding, RFID, Tamper Evidence, Hologram, Forensic Markers), End-use Industry, and Region - Global Forecast to 2025

The global anti-counterfeit packaging market size is projected to grow from USD 106.3 billion in 2020 to USD 188.2 billion by 2025, at a CAGR of 12.09% from 2020 to 2025. The anti-counterfeit packaging market is expected to witness high growth due to increasing focus of manufacturers on brand protection to reduce counterfeiting.



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