US Generic Drugs Market Opportunities, Business Size With Expansion Plans Forecast To 2024-2030


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The government initiatives and incentives added encourage their use, fostering a positive market outlook. The aging population and patent expirations for blockbuster drugs create additional growth opportunities for generic manufacturers, influencing the US Generic Drugs market dynamics positively.

US Generic Drugs Market: Industry Analysis and Forecast (2024-2030)
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US Generic Drugs Market: Industry Analysis and Forecast (2024-2030)

The US Generic Drugs Market size was valued at USD 92.2 Billion in 2023 and the total US Generic Drugs revenue is expected to grow at a CAGR of 3.8% from 2024 to 2030, reaching nearly USD 119.71 Billion.