Rate of Investment in Medical Research Has Declined in the US

The largest increase in biomedical and health services research funding in the United States occurred between 1994 and 2004, when funding grew at 6% per year. However, from 2004 to 2012 the rate of investment growth declined to 0.8% annually and reached $117 billion (4.5%) of total health care expenditures. As a percentage of global funding, the United States declined by approximately 13% from 2004 to 2012, and Asian economies increased by approximately the same share. The JAMA findings underscore the need for the United States to find new sources to support medical research.

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The largest increase in biomedical and health services research funding in the United States occurred between 1994 and 2004, when funding grew at 6% per year. However, from 2004 to 2012 the rate of investment growth declined to 0.8% annually and reached $117 billion (4.5%) of total health care expenditures. As a percentage of global funding, the United States declined by approximately 13% from 2004 to 2012, and Asian economies increased by approximately the same share. The JAMA findings underscore the need for the United States to find new sources to support medical research.

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