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

Published by Statista Research Department, May 17, 2021
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 (in Japanese billion yen)

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Release date

April 2020

Region

Japan

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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