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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 | Aug 2014

Favorable prognosis: Healthcare reform and a focus on biologic drugs will keep demand afloat

IBISWorld’s Brand Name Pharmaceutical Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$164bn
Annual Growth 09-14
-1.8%
Annual Growth 14-19
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Profit
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Employment
194,742
Businesses
1,566
Industry Analysis & Industry Trends

With healthcare reform allowing more individuals to gain prescription coverage, brand-name pharmaceutical and medicine manufacturers will experience a boost in demand. Rising production of branded follow-on biologic drugs will be important in offsetting the effects of widespread patent expirations, though a major increase in taxes and discounts to fill the Medicare coverage gap threatens profit in the industry... purchase to read more

Industry Report - Industry Locations Chapter

Brand-name pharmaceutical manufacturers have contended with fewer clinical trials being 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, 47.0% of total clinical trials were conducted in the United States in 2011 (latest data available).

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 has 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
Other pharmaceutical preparationsBiological productsOncological productsMedicinal and botanical productsRespiratory agentsLipid regulatorsAntidiabeticsIn-vitro diagnostic substances
 
Industry Activities
Pharmaceutical research and developmentManufacturing active ingredients used in pharmaceuticalsManufacturing chemical pharmaceutical preparationsManufacturing biological pharmaceutical products


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