In 2023, Germany and Japan are leaders in higher education R&D expenditure in medical and health sciences, with values of $7.49 and $7.17 billion USD PPP respectively. South Korea shows rapid growth with an 8.96% increase, while Poland's spending surged by 20.68%. The UK, Spain, and Italy exhibited modest growth. Eastern European countries, such as Lithuania, Slovakia, and Latvia, also noted notable expenditure growth. However, Israel experienced a decline of 4.59% during this period. The data indicates growing investments in these sectors across diverse economic landscapes.
Future trends suggest a focus on developing countries, with significant R&D investments anticipated to drive innovative healthcare solutions. Continued growth in Eastern Europe and Asia supports strengthening their position in the global research landscape. Watch for emerging partnerships among institutions to foster collaborative developments.
Top countries in Higher Education Expenditure on R&D in Medical and Health Sciences by Country
| # | 10 Countries | Million US Dollars PPP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,490 | 2023 | +4.21% | +5.2% | View data |
| 2 | 2 Japan | 7,170 | 2023 | +1.48% | +1.81% | View data |
| 3 | 3 United Kingdom | 3,190 | 2023 | +1.35% | +1% | View data |
| 4 | 4 South Korea | 2,960 | 2023 | +7.49% | +8.96% | View data |
| 5 | 5 Netherlands | 2,440 | 2023 | +3.1% | +4.21% | View data |
| 6 | 6 Poland | 1,820 | 2023 | +12.06% | +20.68% | View data |
| 7 | 7 Italy | 1,530 | 2023 | +1.65% | +2.66% | View data |
| 8 | 8 Spain | 1,400 | 2023 | +5.79% | +6.8% | View data |
| 9 | 9 Singapore | 1,170 | 2023 | +3.65% | +4.58% | View data |
| 10 | 10 Norway | 910.62 | 2023 | +0.79% | +1.55% | View data |
