The Rising Influence of Rising Affluence

[DewDiligence]

EM snippet from IMS’ 2020 drug forecast:

http://www.statnews.com/2015/11/18/pharmalot-global-spending-drugs/

By 2020, an estimated 4.5 trillion doses of prescription drugs will be used by patients, up 24% percent [from] this year. In particular, increased usage is expected to jump in China, Brazil, India, and Indonesia, where the middle class is expected to swell and have greater access to health care, according to the IMS Institute for Healthcare Informatics, a unit of IMS Health, the market research firm.

All told, emerging markets will comprise 37% of worldwide drugs sales in 2020, according to the IMS report. More than half of the world’s population will use at least one prescription drug.