The Brand Name Pharmaceutical Manufacturing industry in Massachusetts is flourishing, thanks to the state being a hub for a growing biotechnology and pharmaceutical research community. Primary factors driving industry expansion in the state include increasing number of global pharmaceutical companies leasing facilities in the state, an influx in private investment from venture capital, and a rise in the number of Massachusetts-developed drug therapies that were approved by the US Food and Drug Administration (FDA). According to IBISWorld projections, revenue is expected to rise at an annualized rate of 3.6% to $4.3 billion over the five years to 2018. Revenue is forecast to increase 3.7% in 2018 alone...purchase to read more.

Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 13-18
3.6%
Forecast Growth 18-23
Profit
Employment
7,593
Businesses
73

Industry Threats & Opportunities

  • As the biomanufacturing sector continues to expand in the state, industry employment is forecast to rise
  • Additional Insights for the Brand Name Pharmaceutical Manufacturing in Massachusetts Industry

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

  • Establishment of brand names
  • Undertaking pharmaceutical and medicine R&D
  • Degree of globalization in the company
  • IBISWorld analysts also discuss how external factors such as Federal funding for Medicare and Medicaid and Manufacturing GDP for Massachusetts in the Brand Name Pharmaceutical Manufacturing in Massachusetts industry impact industry performance..

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    What's in this report

    What is the Brand Name Pharmaceutical Manufacturing in Massachusetts 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
  • Oncology
  • Infections
  • Neurology
  • Musculoskeletal
  • Immunology
  • Sensory
  • All other
  • Industry Activities
  • Pharmaceutical research and development
  • Manufacturing active ingredients used in pharmaceuticals
  • Manufacturing chemical pharmaceutical preparations
  • Manufacturing biological pharmaceutical products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Federal funding for Medicare and Medicaid
  • Manufacturing GDP for Massachusetts
  • Number of people with private health insurance
  • Regulation for the Brand Name Pharmaceutical Manufacturing industry

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Brand Name Pharmaceutical Manufacturing in Massachusetts Industry Lifecycle vs The Economy

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

  • Key Selling Industries
  • Biotechnology
  • Chemical Product Manufacturing
  • Medical Device Manufacturing
  • Medical Instrument & Supply Manufacturing
  • Navigational Instrument Manufacturing
  • Soap & Cleaning Compound Manufacturing

  • Products & Services
  • Oncology
  • All other
  • Neurology
  • Infections
  • Immunology
  • Sensory
  • Musculoskeletal
  • Chart: Brand Name Pharmaceutical Manufacturing in Massachusetts Industry Products and Services Segmentation

  • Major Markets
  • Chain Stores
  • Non-retail (includes clinics, non-federal hospitals and long-term ca
  • Mail Service
  • Independent
  • Food Stores
  • Chart: Major Market Segmentation for the Brand Name Pharmaceutical Manufacturing in Massachusetts Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Brand Name Pharmaceutical Manufacturing in Massachusetts

  • Basis of Competition
    Barriers to Entry
    Sanofi Genzyme, Shire plc, Associates of Cape Cod Inc., EMD Serono Inc., RXi Pharmaceuticals Corporation,
  • Table: Sanofi Genzyme - financial performance
  • Table: Shire plc - financial performance
  • Table: Associates of Cape Cod Inc. - financial performance
  • Table: EMD Serono Inc. - financial performance
  • Table: RXi Pharmaceuticals Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Brand Name Pharmaceutical Manufacturing in Massachusetts 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 Brand Name Pharmaceutical Manufacturing in Massachusetts Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Total health expenditure (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Biologic
  • A drug made from large-molecule living matter, as opposed to small-molecule chemicals.
  • Biosimilar
  • A drug derived from living organisms and marketed after the patent expiration of similar therapies. Also known as flow-on biologics or biogenerics.
  • Blockbuster Drug
  • A drug that generates annual sales of more than $1.0 billion.
  • Orphan Drug
  • A pharmaceutical or medicine designed to treat certain rare diseases.
  • Outsource
  • To procure goods or services under contract with an outside supplier.
  • Over-The-Counter (Otc) Drugs
  • Medicines that may be sold directly to a consumer without a prescription from a healthcare professional.
  • Patent Cliff
  • The period when numerous patents on blockbuster drugs are set to expire.
  • Review
  • The basis of the FDA's decision to approve an application. It is a comprehensive analysis of clinical trial data and other information prepared by FDA drug application reviewers.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Brand Name Pharmaceutical Manufacturing in Massachusetts Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Brand Name Pharmaceutical Manufacturing in Massachusetts industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    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 Brand Name Pharmaceutical Manufacturing in Massachusetts:
    • 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 Brand Name Pharmaceutical Manufacturing in Massachusetts 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 Brand Name Pharmaceutical Manufacturing in Massachusetts, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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