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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 | Nov 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 - Starting a New Business Chapter

Brand-name pharmaceutical manufacturers contend with relatively high barriers to entry, which stem from research and development costs as well as government regulations. Pharmaceutical manufacturers invest a higher percentage of their revenue in research and development (R&D), compared with companies in most other industries. As a result, new industry entrants will grapple with matching the level of R&D-related expenditures needed to succeed in this industry. Significant capital investments are required to establish manufacturing plants geared to produce drugs. Government regulatory policies also make it costly to develop and obtain approval for drugs.

High drug development costs, coupled with knowledge barriers, pose as a barrier for new industry entrants... 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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