13 Huge Trends In America’s Prescription Drug Habit

pharmacist

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Americans are choosing more often to buy prescription drugs, especially as key patents expire, according to an annual report from the IMS Institute for Healthcare Informatics.In recent years, 80% of a brand’s prescription volume was replaced by generic drugs within six months of patent loss.

Per capita drug spending increased by 0.6% in 2010, however, continuing a steady uptrend in pharmaceutical use.

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title=”Retail prescription volume increased by 1.2% in 2010 — slightly faster than the population growth rate”
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permalink=”higher-prices–not-volume–for-patented-meds-brought-in-the-most-new-money-4″
title=”Higher prices — not volume — for patented meds brought in the most new money”
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title=”Spending on new medicines declined 2.2% over the last 5 years”
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title=”Generics capture over 80% of a brand’s volume within 6 months of patent loss”
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title=”Generic drugs have seen their market share increase 15% over 5 years”
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title=”Patients are increasingly filling out prescriptions at chain drugstores over pharmacies”
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title=”Medicaid prescriptions have increased 0.9% over 5 years”
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permalink=”antidiabetes-medication-saw-spending-growth-gain-of-125-the-highest-of-therapy-classes-in-2010-10″
title=”Antidiabetes medication saw spending growth gain of 12.5%, the highest of therapy classes in 2010″
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title=”Oncologics spending shrank by $2.2 billion over 5 years”
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title=”Patients spent half the amount on respiratory agents in 2010 compared to the previous year”
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title=”Spending on antipsychotic drugs grew by $1.4 billion in 2010 — over 4 times faster than 2009″
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[slide
permalink=”now-see-who-gets-all-that-money-14″
title=”Now see who gets all that money”
content=”The 15 Highest Grossing Prescription Drugs In America >
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