Comment Comment by michaelkeenan (I object to you calling revenue meaningless when you brought up country population.)World medicine spending[0]: $1.2 trillionUS prescription drug spending[1][2]: $348 billion (29% of world spending)US drug advertising[3]: $30 billion (1% of US drug spending)Health insurance net earnings[4]: $23 billion (0.8% of US drug spending)[0] https://www.statista.com/statistics/280572/medicine-spending...[1] Median estimate from https://www.healthaffairs.org/do/10.1377/hblog20180726.67059...[2] Another source puts the US proportion of pharmaceutical revenue at 33%: https://www.statista.com/statistics/784420/share-of-worldwid...[3] https://www.seattletimes.com/business/us-medical-marketing-r...[4] https://naic.org/documents/topic_insurance_industry_snapshot... parent michaelkeenan 6 years ago
World medicine spending[0]: $1.2 trillion
US prescription drug spending[1][2]: $348 billion (29% of world spending)
US drug advertising[3]: $30 billion (1% of US drug spending)
Health insurance net earnings[4]: $23 billion (0.8% of US drug spending)
[0] https://www.statista.com/statistics/280572/medicine-spending...
[1] Median estimate from https://www.healthaffairs.org/do/10.1377/hblog20180726.67059...
[2] Another source puts the US proportion of pharmaceutical revenue at 33%: https://www.statista.com/statistics/784420/share-of-worldwid...
[3] https://www.seattletimes.com/business/us-medical-marketing-r...
[4] https://naic.org/documents/topic_insurance_industry_snapshot...