Global drug spend could reach $1.9 trillion by 2027, says IQVIA

27 January 2023

Research from the IQVIA Institute for Human Data Science shows that total spending and global demand for medicines could hit $1.9 trillion by 2027.

The headline figure comes from a new report, “Global Use of Medicines 2023 – Outlook through 2027” which estimates an underlying growth rate of between 3% and 6% in spending.

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