Sustaining Generic Medicines Markets in Europe
Sustaining Generic Medicines Markets in Europe
Sustaining Generic Medicines Markets in Europe
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<strong>Susta<strong>in</strong><strong>in</strong>g</strong> generic medic<strong>in</strong>es markets 172 Denmark2.1 <strong>Generic</strong> medic<strong>in</strong>es marketDanish generic medic<strong>in</strong>es policy has created conditions foster<strong>in</strong>g a low-price, high-volumegeneric medic<strong>in</strong>es market. Market shares of generic medic<strong>in</strong>es <strong>in</strong> terms of value of consumptionhave decreased from 39.3% <strong>in</strong> 1994 to 29.7% <strong>in</strong> 2004 as a result of fall<strong>in</strong>g prices of genericmedic<strong>in</strong>es. This has been accompanied by <strong>in</strong>creased volume of consumption of genericmedic<strong>in</strong>es, with market shares ris<strong>in</strong>g from 61.3% <strong>in</strong> 1994 to 69.7% <strong>in</strong> 2004.Figure 1. Market share of generic medic<strong>in</strong>es by value <strong>in</strong> Denmark, 1994-2004Market share of generic medic<strong>in</strong>es100%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 medic<strong>in</strong>es by volume <strong>in</strong> Denmark, 1994-2004Market share of generic medic<strong>in</strong>es100%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.