Healthy dose: Industry revenue is expected to grow with advancing pharmaceutical manufacturing

The Pharmaceutical Manufacturing industry in California grew robustly, with revenue continuing to increase. Compared with other states, California leads the nation in biopharmaceutical and medical device employment. A majority of the pharmaceutical companies are operating in the San Francisco Bay area and San Diego County. There is also a growing industry presence in the Los Angeles area as well, indicating potential expansion into other areas of the state as well. As industry operators continue to develop new therapies and advance biotechnology research, the industry is expected to continue to attract major pharmaceutical companies to the state over the five years to 2022...read more.

Industry Statistics & Market Size
Revenue
$64bn
Annual Growth 12-17
6.4%
Forecast Growth 17-22
Profit
Employment
55,285
Businesses
747

Industry Threats & Opportunities

  • California is a national force in the pharmaceutical manufacturing industry
  • California is home to two of the world's largest pharmaceutical companies
  • The state is expected to continue to attract new entrants, also boosting employment
  • Industry Report - Industry Locations Chapter

    The range of establishment density for Pharmaceutical Manufacturing industry in California is similar to other manufacturing industries in the state. Most of California's business activity is located in major cities alongside the Pacific coast, but this region is also home to the greatest concentration of the state's pharmaceutical manufacturing activity. In general, San Diego, San Francisco and Los Angeles are the main hubs for life sciences and pharmaceutical manufacturing in the state.The largest regions in terms of employer establishment numbers include: San Francisco Bay Area (23.6%); Los Angeles County (23.6%); San Diego Area (22.4%); Orange County (15.7%); Inland Empire (4.7%); Central Coast (3.7%); Sacramento Area (3.2%); San Joaquin Valley (2.7%);...purchase to read more.

    Additional Insights for the Pharmaceutical Manufacturing in California Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Pharmaceutical Manufacturing in California Industry are

  • Establishment of brand names
  • Having technology sharing arrangements with major players
  • Undertaking pharmaceutical and medicine R&D
  • IBISWorld analysts also discuss how external factors such as Number of People with Private Health Insurance in California and Federal funding for Medicare and Medicaid in the Pharmaceutical Manufacturing in California industry impact industry performance..

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    What's in this report

    What is the Pharmaceutical Manufacturing in California Industry?

    Pharmaceutical and medicine manufacturers produce prescription and over-the-counter products that are used to prevent or treat illnesses and diseases. The manufacturing process involves researching and processing biological and mineral compounds. The industry does not include nutritional supplements or cosmetic beauty products.

    Industry Products
  • Oncology
  • Infectious diseases
  • Mental health and nervous system
  • Hormonal systems and nephrology
  • Immune system
  • Cardiovascular
  • Industry Activities
  • Manufacturing biological and medicinal products
  • Processing (i.e., grading, grinding, and milling) botanical drugs and herbs
  • Isolating active medicinal principals from botanical drugs and herbs
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of People with Private Health Insurance in California
  • Federal funding for Medicare and Medicaid
  • Median age of population
  • Research and development expenditure

  • Current Performance
  • Leading the nation
  • Growing pipeline
  • Chart: Revenue Growth

  • Industry Outlook
  • Regulatory environment
  • New drug therapies bolster growth
  • Table: Pharmaceutical Manufacturing in California Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Pharmaceutical Manufacturing in California Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Drug, Cosmetic & Toiletry Wholesaling
  • Supermarkets & Grocery Stores
  • Pharmacies & Drug Stores
  • Hospitals

  • Key Selling Industries
  • Chemical Product Manufacturing
  • Cosmetic & Beauty Products Manufacturing
  • Soap & Cleaning Compound Manufacturing

  • Products & Services
  • Oncology
  • Other
  • Infectious diseases
  • Mental health and nervous system
  • Hormonal systems and nephrology
  • Immune system
  • Cardiovascular
  • Chart: Pharmaceutical Manufacturing in California Industry Products and Services Segmentation

  • Major Markets
  • Chain Stores
  • Mail Services
  • Clinics
  • Independent Pharmacies
  • Nonfederal Hospitals
  • Food Stores
  • Other
  • Chart: Major Market Segmentation for the Pharmaceutical Manufacturing in California Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    Research and developmentProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Pharmaceutical Manufacturing in California

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Pharmaceutical Manufacturing in California Industry

  • Amgen Inc., Genentech Inc., Gilead Sciences Inc., Novartis AG,
  • Table: Amgen Inc. - financial performance
  • Table: Genentech Inc. - financial performance
  • Table: Gilead Sciences Inc. - financial performance
  • Table: Novartis AG - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Pharmaceutical Manufacturing in California Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Pharmaceutical Manufacturing in California Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total health expenditure in California (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Biologics License Application (Bla)
  • An application that is submitted to the Food and Drug Administration by blood establishments prior to using automated blood collection devices to collect red blood cells, platelets and plasma.
  • Blockbuster Drug
  • A drug that generates annual sales in excess of $1 billion.
  • New Molecular Entity (Nme)
  • An active ingredient that has never been marketed in the United States in any form.
  • Orphan Drug
  • A pharmaceutical or medicine designed to treat certain rare diseases.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Pharmaceutical Manufacturing in California Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Pharmaceutical Manufacturing in California:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Pharmaceutical Manufacturing in California market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Pharmaceutical Manufacturing in California, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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