Global spend on medicines is set to grow by 5-7% per year between now and 2016, compared with the 3-4% growth rate this year. The amount will reach US$1.2 trillion in 2016. This increase masks a massive divergence between spending in the developed and emerging economies. Whilst growth in the developed economies will be just 0-3% per year between now and 2016, the emerging economies will double. The developed world will be spending 57% of the total on medicines in 2016, compared with 73% in 2006. These figures come from IMS, here: http://www.imshealth.com/portal/site/ims/menuitem.d248e29c86589c9c30e81c033208c22a/?vgnextoid=4d47d1822e678310VgnVCM10000076192ca2RCRD&vgnextchannel=437879d7f269e210VgnVCM10000071812ca2RCRD&vgnextfmt=default.