Medicine spending growth rate forecast (annual, high estimate)

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.

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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_SPY2MBHVDDZ1YT3BDC4DR9PGDX

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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_SPY2MBHVDDZ1YT3BDC4DR9PGDX.

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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_SPY2MBHVDDZ1YT3BDC4DR9PGDX.

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BibTeX

@misc{iqvia2030mediciner9pgdx, author = {{IQVIA Institute}}, title = {Global Medicine Use Trends 2026}, year = {2030}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_SPY2MBHVDDZ1YT3BDC4DR9PGDX}, note = {Original source: https://www.iqvia.com/insights/the-iqvia-institute/reports-and-publications/reports/global-medicine-use-trends-2026. Accessed September 15, 2026.} }

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Everything needed to check this number yourself, without taking our word for it.

Record last modified 17 September 2026. Value type: forecast. Update cadence: annual. This page is permanently addressable at statorigin.org/stat/stat_SPY2MBHVDDZ1YT3BDC4DR9PGDX.