Sustaining Generic Medicines Markets in Europe

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Sustaining generic medicines markets 16PART IGENERIC MEDICINES POLICYIN COUNTRIES WITH MATURE MARKETS
Sustaining generic medicines markets 172 Denmark2.1 Generic medicines marketDanish generic medicines policy has created conditions fostering a low-price, high-volumegeneric medicines market. Market shares of generic medicines in terms of value of consumptionhave decreased from 39.3% in 1994 to 29.7% in 2004 as a result of falling prices of genericmedicines. This has been accompanied by increased volume of consumption of genericmedicines, with market shares rising from 61.3% in 1994 to 69.7% in 2004.Figure 1. Market share of generic medicines by value in Denmark, 1994-2004Market share of generic medicines100%80%60%40%20%0%39,3%36,2%34,2%32,9%31,8%30,3%30,1%29,3%29,0% 28,3%29,7%1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004YearNote: Data relate to both hospital and retail pharmacy.Figure 2. Market share of generic medicines by volume in Denmark, 1994-2004Market share of generic medicines100%80%60%40%20%0%61,3%58,5%58,1%58,4%58,3%59,0%63,3%59,8%72,8% 69,7%66,0%1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004YearNote: Data relate to both hospital and retail pharmacy.
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Generic medicines create major savi
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Sustaining Generic Medicines Markets in Europe

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