Compiled by Cari Kraft, Jacobs Management Group, Inc.
Patient Assistance Program spending by pharma
Pharmaceutical manufacturers poured over $6.5B into Patient Assistance Programs (PAPs) in 2014, the latest year for which there are statistics. PAPs make up 10 of the largest 15 U.S. charities and represent 8% of manufacturer operating costs.
Source: The Foundation Center
Americans with prediabetes
The Centers for Disease Control and Prevention (CDC) estimates that about 84 million Americans have prediabetes, 90% of them undiagnosed and unaware. Highly treatable, this condition when unnoticed will lead to Type 2 diabetes in 5% to 10% of that population.
Source: CDC,A Feasibility Study of Supply and Demand for Diabetes Prevention Programs in North Carolina, Volume 14, June 29, 2017
84% of covered workers have prescription coverage choices
The Kaiser Family Foundation has found that nearly all (more than 99%) of workers who get employee healthcare coverage also have some form of prescription drug coverage, and that 84% have a choice of three, four or more tiers of cost sharing for prescriptions.
Source: Kaiser Family Foundation, 2016 Employer Health Benefits Survey, September 2016
Projected size of worldwide pharma market by 2022
The total worldwide size of pharma sales is anticipated to reach $1.06 trillion by 2022, according to an EvaluatePharma analysis. This represents a Compound Annual Growth Rate (CAGR) of 6.5%. Orphan drugs are expected to represent $95B, or 32% of the increase in sales
Source: EvaluatePharma, World Preview 2017, Outlook to 2022, July 2017
66% of MDs prefer email for Industry news
Of all available communications platforms, 66% of doctors prefer email for accessing industry news, product updates and research opportunities. The same study found that 75% of NPs and PAs also prefer email.
Source: Healthlink, Annual Healthcare Professional Communication Report 2017
Size of biologics market by 2022
EvaluatePharma expects biologics to contribute 52% of the top 100 product sales by 2022, which would represent over $550B in total worldwide sales. Roche is expected to be in the lead.
Source: EvaluatePharma World Preview 2017, Outlook to 2022, July 2017
Estimated size of global eClinical solutions market by 2022
Technological solutions in clinical research are growing at a rapid pace, and are expected to have a CAGR of 12.4% from now through 2022, reaching $7.61 billion. Electronic data capture (EDC) and clinical data management systems (CDMS) are currently the largest segments, but the electronic clinical outcome assessment (eCOA) area is expected to achieve the highest CAGR.
Source: Markets and Markets, eClinical Solutions Market by Product, April 2017