IQVIA Publishes Report on Pandemic Drug Trends and Future Healthcare Costs Outlook

The IQVIA Institute for Human Data Science has published a report on drug trends noted in the past year, as well as predictions through 2025. The use of healthcare services is returning to pre-COVID-19 pandemic levels. Medicine net spending is projected to reach up to $400 billion in 2025.

“The U.S. health system demonstrated resilience and flexibility during 2020, recovering toward its pre-pandemic levels of activity and progressing into 2021, even as the backlog of missed or delayed activity remains substantial.  Medicine supply was largely maintained and spending on medicines increased by less than 1% on a net price basis.” Access the report here.

(Source: IQVIA Institute Report, 5/27/21)