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Global spending on medicines 2010-2023

Global spending on medicines in 2010, 2018, and a forecast for 2023 (in billion U.S. dollars)

by Matej Mikulic, last edited Jun 5, 2019
Global spending on medicines 2010-2023 This statistic shows total medicine expenditure worldwide in 2010 and 2018, and provides a forecast for 2023. In 2010, total spending on medicine was 887 billion U.S. dollars. It is estimated that by 2023 the pharmaceutical market will increase to over 1.5 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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Global spending on medicines in 2010, 2018, and a forecast for 2023 (in billion U.S. dollars)

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