Forecast: R&D Budget for Health and Society in the US

The forecast for the R&D budget for Health and Society in the US indicates a gradual decrease from 2024 to 2028, starting at 24.1% of total government support in 2024 and declining to 23.33% by 2028. Comparatively, the projected budget showcases a slight year-on-year decrease. With a consistent annual decrease in percentage terms, the five-year compound annual growth rate reflects a modest downward trend.

Future trends to watch for include:

  • Potential shifts in policy priorities impacting funding allocation.
  • Evolving societal health needs that may necessitate increased R&D investment.
  • Technological advancements driving efficiency and possibly influencing budget restructuring.

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