This statistic shows the expenditure of medical device and pharmaceutical company Abbott in research and development from 2004 to 2023. In 2023, Abbott spent approximately 2.74 billion U.S. dollars on R&D. Abbot was a U.S.-based global pharmaceutical and healthcare products company, headquartered in Chicago, Illinois. In January 2013, Abbott was separated into two companies: Abbott Laboratories and AbbVie. Abbott is specialized in medical products, while AbbVie is responsible for research-based pharmaceuticals.
Abbott Laboratories' expenditure on research and development from 2004 to 2023
(in million U.S. dollars)
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Abbott Laboratories' expenditure on research and development from 2004 to 2023
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This statistic was assembled from several Abbott annual and financial reports.
* As of January 1, 2013, Abbott was separated into two companies: Abbott (medical products) and AbbVie (research-based pharmaceuticals). Therefore, from 2013 on only the medical products business is included.
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Abbott Laboratories. (February 16, 2024). Abbott Laboratories' expenditure on research and development from 2004 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved April 02, 2025, from https://www.statista.com/statistics/266575/abbotts-expenditure-on-research-and-development/
Abbott Laboratories. "Abbott Laboratories' expenditure on research and development from 2004 to 2023 (in million U.S. dollars)." Chart. February 16, 2024. Statista. Accessed April 02, 2025. https://www.statista.com/statistics/266575/abbotts-expenditure-on-research-and-development/
Abbott Laboratories. (2024). Abbott Laboratories' expenditure on research and development from 2004 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: April 02, 2025. https://www.statista.com/statistics/266575/abbotts-expenditure-on-research-and-development/
Abbott Laboratories. "Abbott Laboratories' Expenditure on Research and Development from 2004 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 16 Feb 2024, https://www.statista.com/statistics/266575/abbotts-expenditure-on-research-and-development/
Abbott Laboratories, Abbott Laboratories' expenditure on research and development from 2004 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/266575/abbotts-expenditure-on-research-and-development/ (last visited April 02, 2025)
Abbott Laboratories' expenditure on research and development from 2004 to 2023 (in million U.S. dollars) [Graph], Abbott Laboratories, February 16, 2024. [Online]. Available: https://www.statista.com/statistics/266575/abbotts-expenditure-on-research-and-development/
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