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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 428 Belgium8.1 <strong>Generic</strong> medic<strong>in</strong>es marketBelgium had a small generic medic<strong>in</strong>es market dur<strong>in</strong>g the second half of the 1990s. Itsdevelopment was boosted by the <strong>in</strong>troduction of a generic medic<strong>in</strong>es policy <strong>in</strong> 2001. Publicexpenditure on generic medic<strong>in</strong>es rose from 18 million € <strong>in</strong> 1994 (market share by value of 0.8%)to 213 million € <strong>in</strong> 2004 (market share of 4.8%). Market share of generic medic<strong>in</strong>es by volumenearly quadrupled from 2.2% <strong>in</strong> 1994 to 8.0% <strong>in</strong> 2004.Figure 10. Market share of generic medic<strong>in</strong>es by value <strong>in</strong> Belgium, 1994-2004Market share of generic medic<strong>in</strong>es100%80%60%40%20%0%0,8% 0,8% 0,9% 1,0% 1,1% 1,2% 1,3% 2,2%2,6%3,8%1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004Year4,8%Figure 11. Market share of generic medic<strong>in</strong>es by volume <strong>in</strong> Belgium, 1994-2004Market share of generic medic<strong>in</strong>es100%80%60%40%20%0%5,7% 6,9% 8,0%2,3% 2,6% 2,9% 3,1% 3,1% 3,3% 4,7%2,2%1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004Year

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