Sweeten the pill: Operators will experience increased demand due to the patent cliff

Operators in the Pharmaceutical Contract Management Consulting industry provide advice to pharmaceutical companies on issues, such as manufacturing and product development. In addition, pharmaceutical companies may contract management consultants to develop tools that evaluate Medicaid and Medicare reimbursements. Over the past five years, the patent cliff, an ongoing series of expiration dates for the patents on blockbuster drugs, has stimulated the volume of research and development work outsourced by generic pharmaceutical and biotechnology companies...purchase to read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 12-17
2.0%
Forecast Growth 17-22
Profit
Employment
6,995
Businesses
963
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Industry operators have secured favorable contracts from an increasingly fragmented pharmaceutical sector
  • There has been significant growth in the number of pharmaceutical recalls linked to quality failures
  • Industry demand will rise, driven by pharmaceutical companies outsourcing more operations
  • Industry Report - Industry Locations Chapter

    The Pharmaceutical Contract Management Consulting industry largely follows the dispersion of clientele, such as Brand Name Pharmaceutical Manufacturing (IBISWorld report 32541a), Generic Pharmaceutical Manufacturing (32541b) and Over-the-Counter Medicine Manufacturing (32541c). These downstream industries are concentrated in the West and Mid-Atlantic regions, which comprise 22.4% and 20.5% of total pharmaceutical manufacturing establishment locations, respectively. For example, pharmaceutical leaders Pfizer, Merck and GlaxoSmithKline are all located in the Mid-Atlantic region.This geographic clustering of pharmaceutical companies allows management consultants to access pharmaceutical manufacturers’ operations and provide on-sight expertise. Sim...purchase to read more.

    Additional Insights for the Pharmaceutical Contract Management Consulting Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Pharmaceutical Contract Management Consulting Industry are

  • Ability to compete on tender
  • Effective quality control
  • Well-developed internal processes
  • IBISWorld analysts also discuss how external factors such as Research and development expenditure and Corporate profit in the Pharmaceutical Contract Management Consulting industry impact industry performance..

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    What's in this report

    What is the Pharmaceutical Contract Management Consulting Industry?

    This industry provides consulting to pharmaceutical companies, which includes the assessment of cost structures and client contracting processes. Firms ensure compliance and track performance. This can include the development and implementation of software for these purposes.

    Industry Products
  • Business strategy and planning consulting services
  • Marketing strategy and market development services
  • Other marketing management consulting services
  • Operations and supply chain management services
  • Other strategic management services
  • Financial management consulting services
  • Industry Activities
  • Software development and sales
  • Contract analysis services
  • Business improvement advisory services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Research and development expenditure
  • Corporate profit
  • Number of people with private health insurance
  • External competition for the Management Consulting industry
  • Federal funding for Medicare and Medicaid

  • Current Performance
  • Patent cliff
  • Healthcare reform
  • Chart: Revenue Growth

  • Industry Outlook
  • Uptick in outsourcing
  • Enterprises and employment
  • Table: Pharmaceutical Contract Management Consulting Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Pharmaceutical Contract Management Consulting Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Brand Name Pharmaceutical Manufacturing
  • Generic Pharmaceutical Manufacturing
  • Over-the-Counter Medicine Manufacturing

  • Key Selling Industries
  • Accounting Services
  • Computer & Packaged Software Wholesaling
  • Consumer Electronics Stores
  • Market Research

  • Products & Services
  • Business strategy and planning consulting services
  • Other
  • Marketing strategy and market development services
  • Other strategic management services
  • Operations and supply chain management services
  • Financial management consulting services
  • Other marketing management consulting services
  • Chart: Pharmaceutical Contract Management Consulting Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Brand Name Pharmaceutical Manufacturing
  • Generic Pharmaceutical Manufacturing
  • Over-the-Counter Medicine Manufacturing
  • Chart: Major Market Segmentation for the Pharmaceutical Contract Management Consulting Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases and depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Pharmaceutical Contract Management Consulting

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Pharmaceutical Contract Management Consulting Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Pharmaceutical Contract Management Consulting 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 Contract Management Consulting Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Research and development expenditure (2008-2022)

  • 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 exceeding $1.0 billion.
  • Orphan Drug
  • A pharmaceutical or medicine designed to treat certain rare diseases.
  • 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.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Pharmaceutical Contract Management Consulting provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
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    This report on Pharmaceutical Contract Management Consulting:
    • 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 Contract Management Consulting 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 Contract Management Consulting, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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