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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 2015

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

IBISWorld’s Brand Name Pharmaceutical Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$159bn
Annual Growth 10-15
1.2%
Annual Growth 15-20
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Profit
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Employment
165,100
Businesses
2,466
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 Investment Chapter

The Brand Name Pharmaceutical Manufacturing industry is capital intensive. Pharmaceutical manufacturing requires research laboratories and facilities, manufacturing machinery as well as other technology and equipment, which add to capital costs. However, wage costs are also high as this industry requires skilled labor to provide value-added services. For example, pharmaceutical researchers, scientists, technicians and laboratory assistants typically have considerable education and training, thus resulting in a high average wage. In 2015, for every dollar spent on labor, an estimated $0.34 is spent on capital.

Over the past five years, capital expenditures have moderately declined and are expected to continue steadily falling over the next five years... 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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