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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

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
$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 SWOT Analysis Chapter

The Brand Name Pharmaceutical Manufacturing industry is in the mature stage of its life cycle. Industry value added, which measures an industry's contribution to the overall economy, is anticipated to increase at a slight annualized rate of 4.7% over the 10 years to 2021. Comparatively, GDP is expected to rise at an average annual rate of 2.2% in the same period. While the industry is growing at a faster pace than the overall economy, which is typically indicative of an industry in the growth life cycle stage, the industry is still considered mature. Over the ten-year period, much of revenue growth will likely stem from companies' focusing on specific therapeutic classes, trimming their workforce and consolidating their operations... 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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