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global drug spending

IQVIA report sizes up changes in global drug spending

IQVIA report sizes up changes in global drug spending

DANBURY, Conn. — The types of medicines being developed, the way technology contributes to health and how the value of health is calculated are all changing dramatically, according to a new report from the IQVIA Institute for Human Data Science. The study, “2018 and Beyond: Outlook and Turning Points,” looks at trends health care and

Spike in new medicines to lift global drug spending

Spike in new medicines to lift global drug spending

DANBURY, Conn., and RESEARCH TRIANGLE PARK, N.C. — Though annual growth stands to moderate, global drug spending will climb to an estimated $1.5 trillion by 2021, up 33% from this year, according to the QuintilesIMS Institute. Worldwide spending on medicines is projected to grow at a 4% to 7% compound annual rate over the next

Global drug spending to climb steadily

Global drug spending to climb steadily

DANBURY, Conn. — More than half of the world’s population will live in countries where medicine use will exceed one dose per person per day by 2020, up from 31% a decade ago, as the “medicine use gap” between developed and pharmerging markets narrows, the IMS Institute for Healthcare Informatics projects. Global drug spending is