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Brand Name Pharmaceutical Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Brand Name Pharmaceutical Manufacturing Market Research Report | NAICS 32541a | Apr 2016

Healthy future: Brand-name manufacturers will grow due to consumer demand for biologic drugs

The Brand Name Pharmaceutical Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$163bn
Annual Growth 11-16
0.9%
Annual Growth 16-21
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Profit
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Employment
167,980
Businesses
2,702
Industry Analysis & Industry Trends

Brand-name pharmaceutical manufacturers have grappled in recent years with one of the largest waves of drug patent expirations in history. As this so-called patent cliff occurred, many blockbuster drugs lost patent exclusivity, allowing low-price generic drugs to inundate the market. As a result, many brand-name pharmaceutical manufacturers have dealt with intensifying competition from generic manufacturers, cutting into revenue growth. In the coming years, brand-name pharmaceutical manufacturers will exhibit growth due to strong consumer demand for biologic drugs... purchase to read more

Industry Report - Industry Locations Chapter

Fewer clinical trials have been conducted in the United States over the past five years. While India, China and Japan are exhibiting robust growth in their number of clinical trials, the United States still accounts for the largest share of clinical trials. According to the National Institutes of Health, 38.0% of total clinical trials were conducted in the United States in 2016, with an additional 6.0% of clinical trials being conducted in both US and nonUS locations. Location decisions by the industry for clinical trials appear to align more closely with pharmaceutical sales than with available patient populations. Strong pharmaceutical sales in the United States have caused many manufacturers to invest in R&D and drug testing... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Brand Name Pharmaceutical Manufacturing Industry?

Pharmaceutical manufacturers develop prescription and over-the-counter products that are used to prevent or treat illnesses in humans or animals. Brand-name drugs and medication have patent protection. This industry does not include nutritional supplement or cosmetic product manufacturers.

Industry Products
Oncological productsAntidiabetes products Mental health productsRespiratory agentsPain productsAutoimmune Antihypertensives
 
Industry Activities
Pharmaceutical research and developmentManufacturing active ingredients used in pharmaceuticalsManufacturing chemical pharmaceutical preparationsManufacturing biological pharmaceutical products


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