Medicine spending vs Novel active substance launches

Medicine spending and Novel active substance launches worldwide, compared over time.

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The series

Over time

Global, spaced by time . Different units, drawn on separate scales and clipped to the years both series publish — earlier history stays on each indicator's own page. Read the values, not the heights.

Medicine spending

Unit: trillion USD · 2 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Medicine spendingMedicine spending. 2 observations from 2023 to 2030, ranging from 1.6 trillion USD to 2.6 trillion USD, of which 1 are forecasts. Latest value 2.6 trillion USD (2030). trillion USD 0 0.5 1 1.5 2 2.5 3 2004 2008 2012 2016 2020 2024 2028 FORECAST 1.6 2.6
Medicine spendingMedicine spending. 2 observations from 2023 to 2030, ranging from 1.6 trillion USD to 2.6 trillion USD, of which 1 are forecasts. Latest value 2.6 trillion USD (2030). trillion USD 0 1 2 3 2004 2008 2012 2016 2020 2024 2028 FORECAST 1.6 2.6
Medicine spendingMedicine spending. 2 observations from 2023 to 2030, ranging from 1.6 trillion USD to 2.6 trillion USD, of which 1 are forecasts. Latest value 2.6 trillion USD (2030). trillion USD 0 1 2 3 2004 2008 2012 2016 2020 2024 2028 FORECAST 1.6 2.6
View the underlying data
Medicine spending
Period Type Value
2023 Actual 1.6 trillion USD
2030 Forecast 2.6 trillion USD
Source: IQVIA · CC BY 4.0 · Full series

Novel active substance launches

Unit: count · 2 observations

Line chart
Novel active substance launchesNovel active substance launches. 2 observations from 2004–2023 to 2025, ranging from 79 to 942. Latest value 79 (2025). 0 200 400 600 800 1,000 2004 2008 2012 2016 2020 2024 2028 942 79
Novel active substance launchesNovel active substance launches. 2 observations from 2004–2023 to 2025, ranging from 79 to 942. Latest value 79 (2025). 0 300 600 900 1,200 2004 2008 2012 2016 2020 2024 2028 942 79
Novel active substance launchesNovel active substance launches. 2 observations from 2004–2023 to 2025, ranging from 79 to 942. Latest value 79 (2025). 0 300 600 900 1,200 2004 2008 2012 2016 2020 2024 2028 942 79
View the underlying data
Novel active substance launches
Period Type Value
2004–2023 Actual 942
2025 Actual 79
Source: IFPMA, IQVIA · CC BY 4.0 · Full series

Provenance

Where these numbers come from

Medicine spending

Amount spent purchasing medicines from manufacturers before off-invoice discounts and rebates.

2 observations in Global · source organisations: IQVIA

Novel active substance launches

Total number of novel active substances launched.

2 observations in Global · source organisations: IFPMA, IQVIA

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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