The pharmaceutical spend in Japan grew by around 2.9 percent in fiscal year 2019 compared to the previous fiscal year, even though the impact of the coronavirus disease (COVID-19) hit the country in the last quarter. The spending in fiscal 2020 was forecasted to drop by around two percent considering the further impact of COVID-19. According to the source, the major factor impacting on the pharmaceutical spend would be a decrease in non-COVID-19-related patient visits and doctor consultations.
Year-on-year growth of spending in the pharmaceutical market in Japan from fiscal year 2018 to 2019 with a forecast until 2024
(in Japanese billion yen)
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IQVIA. (April 22, 2020). Year-on-year growth of spending in the pharmaceutical market in Japan from fiscal year 2018 to 2019 with a forecast until 2024 (in Japanese billion yen) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1119267/japan-growth-rate-pharmaceutical-spend/
IQVIA. "Year-on-year growth of spending in the pharmaceutical market in Japan from fiscal year 2018 to 2019 with a forecast until 2024 (in Japanese billion yen)." Chart. April 22, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1119267/japan-growth-rate-pharmaceutical-spend/
IQVIA. (2020). Year-on-year growth of spending in the pharmaceutical market in Japan from fiscal year 2018 to 2019 with a forecast until 2024 (in Japanese billion yen). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1119267/japan-growth-rate-pharmaceutical-spend/
IQVIA. "Year-on-year Growth of Spending in The Pharmaceutical Market in Japan from Fiscal Year 2018 to 2019 with a Forecast until 2024 (in Japanese Billion Yen)." Statista, Statista Inc., 22 Apr 2020, https://www.statista.com/statistics/1119267/japan-growth-rate-pharmaceutical-spend/
IQVIA, Year-on-year growth of spending in the pharmaceutical market in Japan from fiscal year 2018 to 2019 with a forecast until 2024 (in Japanese billion yen) Statista, https://www.statista.com/statistics/1119267/japan-growth-rate-pharmaceutical-spend/ (last visited November 22, 2024)
Year-on-year growth of spending in the pharmaceutical market in Japan from fiscal year 2018 to 2019 with a forecast until 2024 (in Japanese billion yen) [Graph], IQVIA, April 22, 2020. [Online]. Available: https://www.statista.com/statistics/1119267/japan-growth-rate-pharmaceutical-spend/