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Annual growth rate of pharmaceutical spending in Japan FY 2018-2024

The pharmaceutical spend in Japan grew by around 2.9 percent in fiscal year 2019 compared to the previous fiscal year, even though the impact of the coronavirus disease (COVID-19) hit the country in the last quarter. The spending in fiscal 2020 was forecasted to drop by around two percent considering the further impact of COVID-19. According to the source, the major factor impacting on the pharmaceutical spend would be a decrease in non-COVID-19-related patient visits and doctor consultations.

Year-on-year growth of spending in the pharmaceutical market in Japan from fiscal year 2018 to 2019 with a forecast until 2024

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Release date

April 2020



Survey time period

fiscal year 2018 to 2019; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Supplementary notes

*Forecasts. The figures are based on the highest value from each forecast of the source.

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Statistics on "Pharmaceutical industry in Japan "

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