Medicine spending

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

Unit trillion USD Industry Pharmaceuticals

Records
2
Regions
1
Period
2023–2030
Sources
1
Verification 2 verified data points Verified 15 Sep 2026 Next update Sources typically refresh annually

The chart

Over time

Global over time. Forecasts are dashed with hollow markers; the underlying values are one click away under the chart.

Medicine spending

Global, 2023 to 2030

2 observations · 2023 to 2030

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 2023 2024 2025 2026 2027 2028 2029 2030 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 2023 2024 2025 2026 2027 2028 2029 2030 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 2023 2024 2025 2026 2027 2028 2029 2030 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 · statorigin.org
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<iframe src="https://statorigin.org/embed/pharmaceuticals--medicine-spending--trend" width="100%" height="380" style="border:1px solid #e2e5e3;border-radius:8px" title="Medicine spending" loading="lazy"></iframe>
<p><a href="https://statorigin.org/indicators/medicine-spending">Medicine spending</a> — data from StatOrigin, CC BY 4.0</p>
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Every record

All records

2 records · 1 region · 2023–2030

Medicine spending: every record, grouped by region, newest first.
Period Value Source Type
Global 2 records
2030 2.6 trillion USD IQVIA · 31 Dec 2030 forecast
2023 1.6 trillion USD IQVIA · 31 Dec 2023 actual

Primary documents

Sources

2 documents. Each links to the publisher's own copy.

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Data on this page is published under CC BY 4.0. You may reuse it, including commercially, provided you attribute it. To cite one figure, open its record: each carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.

StatOrigin. (2026). Medicine spending. Retrieved from https://statorigin.org/indicators/medicine-spending