Health Care & Life Sciences » Pharmaceuticals » Orphan drugs | Global pharmaceutical R&D spending 2010-2024

Global pharma R&D spending 2010-2024

Total global pharmaceutical research and development (R&D) spending from 2008 to 2022 (Figures expressed in billions of U.S. dollars, unless otherwise specified)

The data illustrates the total global pharmaceutical research and development (R&D) spending from 2010-2024 in billion USD. In 2016, the pharmaceutical industry spent some 159 billion USD on research and development. To some estimations, this figure should increase to over 200 billion dollars in 2024.

2010 129
2011 137
2012 136
2013 138
2014 144
2015 149
2016 159
2017 165
2018 172
2019 177
2020 183
2021 188
2022 194
2023 199
2024 204

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