This statistic was assembled from several of Evaluate's pharma reports. * Restated/calculated estimate based on provided data. 2024 figure is forecasted.
In 2012, global sales from biotechnology drugs stood at *** billion U.S. dollars. This volume is expected to increase to *** billion dollars in 2024. Biotech's share of the total global drug market is continuously growing.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
Evaluate. (July 9, 2024). Estimated total global biotech drugs sales from 2012 to 2024 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 16, 2026, from /statistics/280578/global-biologics-spending/
Evaluate. "Estimated total global biotech drugs sales from 2012 to 2024 (in billion U.S. dollars)." Chart. July 9, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 16, 2026. /statistics/280578/global-biologics-spending/
Evaluate. (2024). Estimated total global biotech drugs sales from 2012 to 2024 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 16, 2026. /statistics/280578/global-biologics-spending/
Evaluate. "Estimated Total Global Biotech Drugs Sales from 2012 to 2024 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 9 Jul 2024, /statistics/280578/global-biologics-spending/
Evaluate, Estimated total global biotech drugs sales from 2012 to 2024 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/280578/global-biologics-spending/ (last visited July 16, 2026)
Estimated total global biotech drugs sales from 2012 to 2024 (in billion U.S. dollars) [Graph], Evaluate, July 9, 2024. [Online]. Available: /statistics/280578/global-biologics-spending/
