Industry Statistics and Rankings
How does this industry perform in Ireland compared to Europe?
Country Benchmarking
Industry Data Ireland
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#2 In EuropeBusiness
#9 In EuropeEmployees
#14 In EuropeWages
#9 In EuropeThe Pharmaceutical Product & Preparations Manufacturing in Ireland ranks 2nd in Europe with regards to its 2024 revenue (€101.7bn). Revenue received by operators in Ireland has been low in volatility over the past five-year period, with the average annual change in revenue (4.4 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Pharmaceutical Product & Preparations Manufacturing industry in Ireland in 2024?
The market size of the Pharmaceutical Product & Preparations Manufacturing industry in Ireland is €101.7bn in 2024.
How many businesses are there in the Pharmaceutical Product & Preparations Manufacturing in Ireland industry in 2024?
There are 257 businesses in the Pharmaceutical Product & Preparations Manufacturing industry in Ireland, which has grown at a CAGR of 4.7 % between 2019 and 2024.
Has the Pharmaceutical Product & Preparations Manufacturing industry in Ireland grown or declined over the past 5 years?
The market size of the Pharmaceutical Product & Preparations Manufacturing industry in Ireland has been growing at a CAGR of 4.4 % between 2019 and 2024.
What is the forecast growth of the Pharmaceutical Product & Preparations Manufacturing industry in Ireland over the next 5 years?
Over the next five years, the Pharmaceutical Product & Preparations Manufacturing industry in Ireland is expected to grow.
What does the Pharmaceutical Product & Preparations Manufacturing in Ireland include?
Medicine containing iodine, vitamins and alkaloids and Antisera are part of the Pharmaceutical Product & Preparations Manufacturing industry.
How competitive is the Pharmaceutical Product & Preparations Manufacturing industry in Ireland?
The level of competition is moderate and steady in the Pharmaceutical Product & Preparations Manufacturing industry in Ireland.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Basic Chemical & Chemical Product Manufacturing in Ireland
Complementors
- Medical & Dental Instrument Manufacturing in Ireland
Table of Contents
About this industry
Industry definition
Industry operators produce basic pharmaceutical products and pharmaceutical preparations, such as vaccines, antibiotics and antisera. Other activities include manufacturing medicinal chemical and botanical products.
What's included in this industry?
Medicine containing iodine, vitamins and alkaloidsAntiseraMedicine containing hormonesVaccinesChemically pure sugarIndustry Code
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations in Ireland
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Pharmaceutical Product & Preparations Manufacturing in Ireland
- Employees in the Pharmaceutical Product & Preparations Manufacturing in Ireland
- Business in the Pharmaceutical Product & Preparations Manufacturing in Ireland
- Profit in the Pharmaceutical Product & Preparations Manufacturing in Ireland
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
The industry operates under strict and evolving regulatory frameworks. These ensure product safety and efficacy. Compliance with these regulations is paramount and companies must stay agile in adapting to changing policies to remain competitive.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Pharmaceutical Product & Preparations Manufacturing in Ireland industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Extensive research and development investments are impacting profitability. The average industry profit margin is low despite revenue growth driven by the COVID-19 pandemic and vaccine introduction. The emphasis on research and large-scale trials is temporarily constraining profit.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Pharmaceutical Product & Preparations Manufacturing in Ireland industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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