This statistic displays the pharmaceutical research and development spending annual growth rate in Europe, China, and the U.S. in selected periods between 2009 and 2023. The European pharmaceutical industry's expenditure on R&D grew 6.7 percent annually between 2019 and 2023.
Annual growth of pharmaceutical R&D spending in Europe, the U.S., and China between 2009 and 2023
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.
EFPIA. (June 24, 2024). Annual growth of pharmaceutical R&D spending in Europe, the U.S., and China between 2009 and 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/315959/annual-growth-rate-of-pharmaceutical-research-and-development-expenditure/
EFPIA. "Annual growth of pharmaceutical R&D spending in Europe, the U.S., and China between 2009 and 2023." Chart. June 24, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/315959/annual-growth-rate-of-pharmaceutical-research-and-development-expenditure/
EFPIA. (2024). Annual growth of pharmaceutical R&D spending in Europe, the U.S., and China between 2009 and 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/315959/annual-growth-rate-of-pharmaceutical-research-and-development-expenditure/
EFPIA. "Annual Growth of Pharmaceutical R&d Spending in Europe, The U.S., and China between 2009 and 2023." Statista, Statista Inc., 24 Jun 2024, https://www.statista.com/statistics/315959/annual-growth-rate-of-pharmaceutical-research-and-development-expenditure/
EFPIA, Annual growth of pharmaceutical R&D spending in Europe, the U.S., and China between 2009 and 2023 Statista, https://www.statista.com/statistics/315959/annual-growth-rate-of-pharmaceutical-research-and-development-expenditure/ (last visited December 21, 2024)
Annual growth of pharmaceutical R&D spending in Europe, the U.S., and China between 2009 and 2023 [Graph], EFPIA, June 24, 2024. [Online]. Available: https://www.statista.com/statistics/315959/annual-growth-rate-of-pharmaceutical-research-and-development-expenditure/
