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Pill bottle with pills Specialty pharmaceuticals will continue to be a “dominant force” when it comes to increases in drug spending, growing at am estimated rate 4.68% in 2022.

A new pharmacy market forecast predicts a 3.1% increase in total pharmaceutical spend for medical purchasers such as hospitals, health systems, and other providers in 2022. The analysis linked the increase to uncertainty over the ongoing COVID-19 pandemic and the growing use of specialty pharmaceuticals.

The Vizient Pharmacy Market Outlook predicts that oncology will remain the top therapeutic class in spend by providers, while continued high spending on drugs related to the COVID-19 pandemic will also be a factor for next year.

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