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)
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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 December 30, 2024, 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 December 30, 2024. 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: December 30, 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, 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 December 30, 2024)
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/