The forecast for US civil government budget allocations for R&D in health and environment shows a steady upward trend from 2024 to 2028, with values increasing from $51.69 billion to $55.76 billion in PPP terms. Taking 2023 as the base year, this indicates a consistent increase year-on-year. The annual growth rate averages around 1.91% over this five-year period.
Future trends to watch for include:
- Increased policy emphasis on health and environmental sustainability.
- Potential budget reallocations driven by emerging technologies and climate challenges.
- Impact of federal and state policy decisions on R&D funding.