This chart explains why the drug business is booming
April 29, 2014
Posted in: Big Picture story
The U.S. alone accounts for about 34% of the world’s spending on medicine, the highest percentage out of any country, according the IMS Health. According to the latest Centers for Disease Control and Prevention data, the number of prescription drugs the average American uses will also be going up as the median age in the U.S moves higher. The increase is highest among people over 65 years old, but is expected to grow for all age groups.