Generics in Germany

Generics in Germany

Summary

Generics in Germany industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• A generic drug is defined as a copy of an ethical (prescription) drug formerly protected by patents that have now expired. Both unbranded generics and branded generics are included in our market scope. However, off-patent drugs that continue to be offered by the original manufacturer under the original name, and which form part of the 'generic-eligible' market, are not included. Market value is evaluated at ex-factory prices. Market volume refers to the proportion of the total ethical pharmaceutical market in a country or region that is made up of generic drugs. Thus, it is a measure of the market share held by generics, rather than a direct measure of the total market volume. Regional volumes are calculated as averages of countries that comprise the region where volume data exists.
• The German generics market recorded revenues of $27.7 billion in 2023, representing a compound annual growth rate (CAGR) of 4.2% between 2018 and 2023.
• Market consumption volume increased with a CAGR of 1.5% between 2018 and 2023, to reach a total of 89.0% of total pharma volume in 2023.
• The German generics market is driven by the tax incentives for pharmaceutical research & development. For instance, in December 2023, the German Federal Government launched a National Pharmaceutical Strategy to promote a sustainable and internationally competitive pharmaceutical industry.

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the generics market in Germany
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the generics market in Germany
• Leading company profiles reveal details of key generics market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Germany generics market with five year forecasts

• What was the size of the Germany generics market by value in 2023?
• What will be the size of the Germany generics market in 2028?
• What factors are affecting the strength of competition in the Germany generics market?
• How has the market performed over the last five years?
• What are the main segments that make up Germany's generics market?