Overview

Doctor approved: The shifting landscape in drug production has facilitated rapid industry growth

The Contract Pharmaceutical Research Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • The changing landscape of drug development has spurred the industry’s burgeoning growth
  • Niche operators that offer highly specialized services have claimed strong market positions
  • Healthcare reform will encourage the development of generic drugs

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    Industry Analysis & Industry Trends

    The Contract Pharmaceutical Research Services industry provides a breadth of research and development (R&D) services to manufacturers in the pharmaceutical industries. In the past five years, brand-name drug producers have faced increasing threats from generic brands due to patent expirations. Additionally, increased regulation and emergent health economics and outcomes research have pressured pharmaceutical companies to control costs and increase research efficiency. The industry is poised for continued growth in the five years to 2021. During this time, healthcare reform will expand the pharmaceutical industry's total market and increased approvals for generic brands will continue to pressure branded drug manufacturers...

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    Industry Report - Industry Locations Chapter

    The United States remains the country with the largest concentration of research and development facilities. Major American countries have, however, globalized their operations and have offices in many developed and emerging regions, allowing them to recruit more diverse participants for clinical trials.

    The geographic distribution of the Contract Pharmaceutical Research Services industry somewhat reflects the distribution of the US population, with increased establishment density in proximity to key demand markets. Regions with greater population density have a greater pool of participants and highly skilled personnel; therefore, they are likely to attract a greater concentration of establishments. The..

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    Additional Insights for the Contract Pharmaceutical Research Services Industry

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

  • Access to highly skilled workforce
  • Having a good reputation
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Research and development expenditure and Demand from brand name pharmaceutical manufacturing in the Contract Pharmaceutical Research Services industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Contract Pharmaceutical Research Services Industry?

    The industry provides a range of research and development services to pharmaceutical manufacturers, including laboratory testing, preclinical and clinical trials, commercialization and post-market surveillance.

    Industry Products
    Central lab
    Phase I
    Preclinical
    Phase II-IV
    Industry Activities
    Conduct laboratory testing and biostatistical analysis
    Conduct preclinical trials
    Conduct early-stage and late-stage clinical trials
    Provide consulting services related to regulation
    Provide pharmacovigilance

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Research and development expenditure
  • Demand from brand name pharmaceutical manufacturing
  • Regulation for the Brand Name Pharmaceutical Manufacturing industry
  • Total health expenditure
  • Demand from generic pharmaceutical manufacturing

  • Current Performance
  • Key trends in downstream pharmaceutical industries drive demand
  • Merger and acquisition activity picks up
  • An increasingly globalized industry
  • Chart: Revenue Growth

  • Industry Outlook
  • Healthcare reform and generics boost demand from brand-name drug producers
  • A greater share of R&D spending
  • Acquisitions accelerate, globalization threatens the domestic industry
  • Table: Contract Pharmaceutical Research Services Industry Revenue Outlook

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

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Brand Name Pharmaceutical Manufacturing
  • Generic Pharmaceutical Manufacturing

  • Key Selling Industries
  • Chemical Wholesaling
  • Commercial Leasing
  • Computer & Packaged Software Wholesaling
  • Computer Stores
  • Laboratory Supply Wholesaling
  • Medical Supplies Wholesaling
  • Office Supply Stores

  • Products & Services
  • Phase II-IV
  • Preclinical
  • Phase I
  • Central lab
  • Other
  • Chart: Contract Pharmaceutical Research Services Industry Products and Services Segmentation

  • Demand Determinants
  • R&D
  • Outsourcing

  • Major Markets
  • Brand Name Pharmaceutical Manufacturers
  • Generic Pharmaceutical Manufacturers
  • Chart: Major Market Segmentation for the Contract Pharmaceutical Research Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Contract Pharmaceutical Research Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Contract Pharmaceutical Research Services Industry

  • Industry Globalization
    Major Companies
    Quintiles IMS Holdings Inc.Paraxel International
  • Table: Quintiles IMS Holdings Inc. - financial performance
  • Table: Paraxel International - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Contract Pharmaceutical Research Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Contract Pharmaceutical Research Services Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Research and development expenditure (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Biosimilar
  • A drug derived from living organisms and marketed after the patent expiration of similar therapies; also known as flow-on biologics or biogenerics.
  • Cro
  • Abbreviation for contract research organization
  • Patent Cliff
  • A phenomenon wherein revenue for brand name pharmaceuticals drop as the patents for high-profile drugs expire.
  • Pharmacovigilance
  • Drug safety; activities related to the detection, assessment and prevention of adverse drug effects.
  • Why buy this report?

    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 Contract Pharmaceutical Research Services:
    • 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 Contract Pharmaceutical Research Services 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 Contract Pharmaceutical Research Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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