Medicine spending
STO-REC-STAT01M2KJT3 Research
2.6 trillionUSD
Global · 2030
IQVIA projects medicine spending worldwide at 2.6 trillion USD in 2030.
- Publisher
- IQVIA
- Authority tier
- T3 Research
- Locator
- Exhibit 15: Global medicine market size and growth including estimated COVID-19 vaccine and therapeutic spending, 2016–2030
- Retrieved
- 15 Sep 2026
- Status
- Verified
What the source says
Global medicine spending — the amount spent purchasing medicines from manufacturers before off-invoice discounts and rebates — is expected to exceed $2.6Tn by 2030 and increasing at a rate of 5–8% per year.
Verbatim extraction verified: The figure 2.6 trillion USD is directly attested in the quoted passage (Exhibit 15: Global medicine market size and growth including estimated COVID-19 vaccine and therapeutic spending, 2016–2030).
The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.
Cite this figure
Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.
- APA
- IQVIA Institute. (2030). Global Medicine Use Trends 2026. Retrieved September 15, 2026, from https://www.iqvia.com/insights/the-iqvia-institute/reports-and-publications/reports/global-medicine-use-trends-2026. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XCF5037JCNPDKKT7NMJ
- MLA
- IQVIA Institute. "Global Medicine Use Trends 2026." 2030, https://www.iqvia.com/insights/the-iqvia-institute/reports-and-publications/reports/global-medicine-use-trends-2026. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XCF5037JCNPDKKT7NMJ.
- Chicago
- IQVIA Institute. "Global Medicine Use Trends 2026." 2030. https://www.iqvia.com/insights/the-iqvia-institute/reports-and-publications/reports/global-medicine-use-trends-2026. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XCF5037JCNPDKKT7NMJ.
- BibTeX
- @misc{iqvia2030medicinekt7nmj, author = {{IQVIA Institute}}, title = {Global Medicine Use Trends 2026}, year = {2030}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XCF5037JCNPDKKT7NMJ}, note = {Original source: https://www.iqvia.com/insights/the-iqvia-institute/reports-and-publications/reports/global-medicine-use-trends-2026. Accessed September 15, 2026.} }
Provenance and verification
Everything needed to check this number yourself, without taking our word for it.
Chain of Custody · Verification Audit
Primary Source
- Publisher
- IQVIA Institute · homepage ↗
- Authority tier
- Tier 3 · Industry & Research
- Report
- Global Medicine Use Trends 2026
- Type
- Press release
- Published
- —
- Locator
- Exhibit 15: Global medicine market size and growth including estimated COVID-19 vaccine and therapeutic spending, 2016–2030
- Retrieved
- 15 September 2026
- Link status
- Reachable (HTTP 200)
- Report licence
- See source
Verification & Integrity
- Audit status
- Verified
- Review protocol
- Editorial review
- Checked on
- 15 September 2026
- Last revision
- 15 September 2026
- Archival URI
- /stat/stat_01M2KJ7XCF5037JCNPDKKT7NMJ