What proportion of the world's pharmaceutical revenues does the U.S. account for?

Prepare for the Certified National Pharmaceutical Representative Exam. Utilize flashcards and multiple-choice questions, each with hints and explanations. Ace your exam!

The United States is a major player in the global pharmaceutical market, contributing a significant portion of the world's pharmaceutical revenues. The figure that the U.S. accounts for approximately 50% of the world's pharmaceutical revenues reflects its robust healthcare system, large population, and high demand for innovative medications. This level of contribution is supported by a strong market for prescription drugs, advanced research and development capabilities, and a high per capita spending on healthcare.

Factors contributing to this substantial revenue share include a concentration of major pharmaceutical companies headquartered in the U.S., extensive investment in biopharmaceutical research, and a large consumer base that has access to a variety of medications. In contrast, the other options represent lower proportions, which do not accurately reflect the magnitude of U.S. influence within the global market.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy