Medicine spending growth rate upper bound
RecordSTO-01M2KJ7XCF-5037JCNPDK-KT7NMM
Global · 2026–2030
IQVIA projects medicine spending growth rate upper bound worldwide at 8% in 2026–2030.
Medicine spending growth rate upper bound: every country and year, and how it is measured
- 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.
Checked: the figure 8%is stated in this passage. If it does not match, the extraction is wrong and we want to know.
Cite this figure
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_01M2KJ7XCF5037JCNPDKKT7NMM
Other formats: MLA, Chicago, BibTeX
- 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_01M2KJ7XCF5037JCNPDKKT7NMM.
- 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_01M2KJ7XCF5037JCNPDKKT7NMM.
- BibTeX
- @misc{iqvia2030medicinekt7nmm, author = {{IQVIA Institute}}, title = {Global Medicine Use Trends 2026}, year = {2030}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XCF5037JCNPDKKT7NMM}, note = {Original source: https://www.iqvia.com/insights/the-iqvia-institute/reports-and-publications/reports/global-medicine-use-trends-2026. Accessed September 15, 2026.} }
Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.
Provenance and verification
Everything needed to check this number yourself, without taking our word for it.
Primary source
- Publisher
- IQVIA Institute · homepage ↗
- Authority tier
- Tier 3 · Research and companies
- 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
- Status
- Verified
- Review protocol
- Editorial review
- Checked on
- 15 September 2026
- Last revision
- 15 September 2026
- Permanent URL
- /stat/stat_01M2KJ7XCF5037JCNPDKKT7NMM