This statistic depicts the global pharmaceutical market sales – including prescription and over-the-counter drugs – from 2012 to 2026, categorized by technology. In 2020, biotechnology accounted for 30 percent of pharmaceutical sales worldwide while conventional or unclassified technology accounted for 70 percent. Biotechnology products such as bioengineered vaccines and biologics are set to increase to over one third of the market already by 2021. Biotechnology allows for the utilization of living systems and organisms to create pharmaceutical products. The use of synthetic humanized insulin is widely used for the treatment of diabetes.
…. more: Statista.com (Quelle/Source)
