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Global spending on medicines from 2010 to 2022 (in billion U.S. dollars)

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Global spending on medicines 2010-2022 This statistic shows total medicine expenditure worldwide in 2010 and 2017, and provides a forecast for 2022. In 2010, total spending on medicine was 887 billion U.S. dollars. It is estimated that by 2022 the pharmaceutical market will increase to over 1.4 trillion U.S. dollars. The global pharma market shows significant increase over years, with North America still being by far the largest regional submarket.
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Spending in billion U.S. dollars
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Spending in billion U.S. dollars
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Description Source More information
This statistic shows total medicine expenditure worldwide in 2010 and 2017, and provides a forecast for 2022. In 2010, total spending on medicine was 887 billion U.S. dollars. It is estimated that by 2022 the pharmaceutical market will increase to over 1.4 trillion U.S. dollars. The global pharma market shows significant increase over years, with North America still being by far the largest regional submarket.
Show more
Release date
March 2018
Region
Worldwide
Survey time period
2010 to 2017
Supplementary notes
* Value for 2022 is an average of the high and low forecast values (1,415 bn and 1,445 bn).
Figures for 2010 were taken from a previous report by the same source.
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