U.S. Generic Drugs Market Size, Share, and Trends 2024 to 2034

The U.S. market size is calculated at USD 146.04 billion in 2025 and is forecasted to reach around USD 231.69 billion by 2034, accelerating at a CAGR of 5.24% from 2025 to 2034. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : April 2025
  • Report Code : 2486
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on US Generic Drugs Market 

5.1. COVID-19 Landscape: US Generic Drugs Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact:  Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8.  US Generic Drugs Market, By Drug Type

8.1. US Generic Drugs Market Revenue and Volume, by Drug Type

8.1.1. Simple Generics

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Super Generics

8.1.2.1. Market Revenue and Volume Forecast

Chapter 9.  US Generic Drugs Market, By Brand

9.1. US Generic Drugs Market Revenue and Volume, by Brand

9.1.1. Pure Generic Drugs

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Branded Generic Drugs

9.1.2.1. Market Revenue and Volume Forecast

Chapter 10.  US Generic Drugs Market, By Route of Administration 

10.1. US Generic Drugs Market Revenue and Volume, by Route of Administration

10.1.1. Oral

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Injection

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Cutaneous

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Others

10.1.4.1. Market Revenue and Volume Forecast

Chapter 11.  US Generic Drugs Market, By Therapeutic Application

11.1. US Generic Drugs Market Revenue and Volume, by Therapeutic Application

11.1.1. Central Nervous System (CNS)

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Cardiovascular

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Infectious Diseases

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Musculoskeletal Diseases

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Respiratory

11.1.5.1. Market Revenue and Volume Forecast

11.1.6. Oncology

11.1.6.1. Market Revenue and Volume Forecast

11.1.7. Others

11.1.7.1. Market Revenue and Volume Forecast

Chapter 12.  US Generic Drugs Market, By Distribution Channels

12.1. US Generic Drugs Market Revenue and Volume, by Distribution Channels

12.1.1. Retail Pharmacy

12.1.1.1. Market Revenue and Volume Forecast

12.1.2. Hospital Pharmacy

12.1.2.1. Market Revenue and Volume Forecast

12.1.3. Online and Others

12.1.3.1. Market Revenue and Volume Forecast

Chapter 13.  US Generic Drugs Market, Regional Estimates and Trend Forecast

13.1. U.S.

13.1.1. Market Revenue and Volume Forecast, by Drug Type

13.1.2. Market Revenue and Volume Forecast, by Brand

13.1.3. Market Revenue and Volume Forecast, by Route of Administration

13.1.4. Market Revenue and Volume Forecast, by Therapeutic Application

13.1.5. Market Revenue and Volume Forecast, by Distribution Channels

Chapter 14. Company Profiles

14.1. Pfizer Inc

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Teva Pharmaceuticals USA, Inc

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Aurobindo Pharma USA, Inc

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Sun pharma Inc

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Abbott Laboratories Inc

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Lupin Pharmaceuticals, Inc

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Mylan

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Dr. Reddy’s

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Novartis

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Eli Lilly company

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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Frequently Asked Questions

The US generic drugs market size was accounted at USD 139.03 billion in 2024 and it is expected to reach around USD 231.69 billion by 2034.

The US generic drugs market is poised to grow at a CAGR of 5.24% from 20245 to 2034.

The major players operating in the US generic drugs market are Pfizer Inc, Teva pharmaceuticals USA, Inc, Aurobindo pharma USA, Inc, Sun pharma Inc, Abbott Laboratories Inc, Lupin pharmaceuticals, Inc, Mylan, Dr. Reddy’s, Novartis, Eli Lilly company and Others.

The driving factors of the US generic drugs market is the generic medicines tend to be less expensive than branded medicines.

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