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Global spending on medicines from 2010 to 2021 (in billion U.S. dollars)

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Global spending on medicines 2010-2021 This statistic shows total medicine expenditure worldwide in 2010 and 2016, and provides a forecast for 2021. In 2010, total spending on medicine was 887 billion U.S. dollars. It is estimated that by 2021 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 2016, and provides a forecast for 2021. In 2010, total spending on medicine was 887 billion U.S. dollars. It is estimated that by 2021 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
December 2016
Region
World
Survey time period
2010 to 2016
Supplementary notes
* Value for 2021 is an average of the high and low forecast values (1,455 bn and 1,485 bn).
Figures for 2010 were taken from a previous report by the same source.

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