In 2023, Japan led global higher education R&D expenditure in medical and health sciences. Notably, Poland's and Lithuania's expenditures surged, showing 17.79% and 11.55% growth. Japan and Germany are stable leaders, while South Korea and Slovakia witness rapid growth. In contrast, Israel's expenditure declined by 4.67%. Over the past five years, emerging economies have exhibited higher growth rates, closing gaps with developed countries.
Future trends indicate a continued rise in R&D spending in emerging economies, driven by government initiatives and increased academic-industry collaboration. Digital health and personalized medicine advancements will likely shift focus and resources in R&D strategies globally.
Top countries in Higher Education Expenditure on R&D in Medical and Health Sciences by Country
| # | 10 Countries | Million US Dollars PPP = 2015 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 6,840 | 2023 | +0.91% | +0.8% | View data |
| 2 | 2 Germany | 5,990 | 2023 | +1.76% | +2.74% | View data |
| 3 | 3 United Kingdom | 2,820 | 2023 | +0.37% | +0.059% | View data |
| 4 | 4 South Korea | 2,670 | 2023 | +6.14% | +7.75% | View data |
| 5 | 5 Netherlands | 1,990 | 2023 | +1.45% | +1.75% | View data |
| 6 | 6 Poland | 1,540 | 2023 | +10.32% | +17.79% | View data |
| 7 | 7 Italy | 1,260 | 2023 | +1.21% | +0.83% | View data |
| 8 | 8 Spain | 1,150 | 2023 | +1.8% | +4.22% | View data |
| 9 | 9 Singapore | 1,080 | 2023 | +1.78% | +2.85% | View data |
| 10 | 10 Taiwan | 782.82 | 2023 | +0.12% | +0.55% | View data |
