SEARCH:
Sign in | Join | Help
search Mercola.com
 
FREE Subscription 
The World’s Most Popular Natural Health Newsletter
Share this article
Previous Post
Next Post
Prescription Drug Sales Still on the Rise -- but There is a Silver Lining
Posted by: Dr. Mercola
March 09 2007 | 4,269 views

Sales of prescription drugs rose 8.3 percent in 2006 to a total of nearly $275 billion. Experts predict the rising trend to continue at a steady compounded annual rate of between 6 percent and 9 percent through 2010.

It’s disappointing that drug sales are still so strong, but there is a silver lining. The increases are getting smaller, especially if you consider that prescription drug sales increased nearly 20 percent back in 2000.

Still, worldwide annual spending for prescription drugs topped $600 billion for the first time ever in 2005, and the United States accounted for close to half of those sales (more than $250 billion in 2005).

Overall, health care spending in the United States is expected to reach $3 trillion by 2011 -- and one of the primary drivers of these exorbitant costs is prescription drugs.

I remain confident, however, that the notion of replacing these potentially toxic and often unnecessary band-aids with safer and healthier treatments (not to mention less expensive ones) is starting to take hold. You and I have the power to break this vicious cycle simply by believing in the alternatives and sharing the message with others.

Yahoo News March 9, 2007





Share this article
Previous Post
Next Post
 
 Do you find this article interesting?
Comment on This Article Community Comments (8)

 
Share this article
Previous Post
Next Post
 
 
© Copyright 2009 Dr. Joseph Mercola. All Rights Reserved. If you want to use this article on your site please click here. This content may be copied in full, with copyright, contact, creation and information intact, without specific permission, when used only in a not-for-profit format. If any other use is desired, permission in writing from Dr. Mercola is required.
* These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease. If you are pregnant, nursing, taking medication, or have a medical condition, consult your physician before using this product.