Prescription Drug Market was valued at US$ 950 Bn. in 2021. The global Prescription Drug Market size is expected to grow at a CAGR of 9 % through the forecast period.
Prescription Drug Market Overview:
Numerous vaccines and treatments are available only by prescription and are used to treat and control both acute and chronic illnesses. These illnesses include cancer, heart disease, diabetes, and rare diseases. In the present therapeutic environment, effective prescription Drug administration is essential for enhancing clinical outcomes for virtually every patient suffering from serious disorders. However, despite the fact that many market businesses are undertaking clinical research to create innovative therapies for a range of illnesses, the landscape of prescription drugs has altered significantly as a result of the growing accessibility of generic alternatives.