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The Total Value of Pharmaceutical and Medical Device Shipments in 2014 Exceeded $289 Billion

Pharma sales make up 70% of the U.S. market, with medical devices comprising 30%, according to a study from PMMI Business Intelligence.

Pharmaceutical sales include pharmaceutical preparations such as ampules, tablets, capsules, vials, ointments, powders, solutions and suspensions for prescriptions and over-the-counter meds, but also includes vitamins and nutritional supplements.

This category also includes biological products including vaccines, toxoids, blood fractions, and culture media of plant or animal origin (except diagnostics). In-vitro diagnostic substances also contribute to this category, as well as medicinals and botanicals.

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