U.S. total medicine spending 2002-2018

This statistic shows the total nominal spending on medicine in the United States from 2002 to 2018. In 2010, total medicine expenditure in the United States was approximately 316 billion U.S. dollars. As of 2018, this amount increased to around 482 billion U.S. dollars.

Total nominal spending on medicines in the U.S. from 2002 to 2018 (in billion U.S. dollars)*

Spending in billion U.S. dollars
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Source

Release date

May 2019

Region

United States

Survey time period

2002 to 2018

Supplementary notes

* Includes prescription and insulin products sold into chain and independent pharmacies, food store pharmacies, mail service pharmacies, long-term care facilities, hospitals, clinics, and other institutional settings. Excludes OTC.
This statistic was assembled from several editions of the same IMS Health/QuintilesIMS report.

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Statistics on "U.S. pharmaceutical industry"

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