Facebook
Twitterhttps://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The India Pharmaceutical Market Report Segments the Industry Into by Therapeutic Category (Anti-Infectives, Cardiovascular, Gastrointestinal, and More), Drug Type (Prescription Drug, OTC Drugs), Route of Administration (Oral, Inhalation, and More), Formulation (Tablets & Capsules, Injectables, and More), Distribution Channel (Retail Pharmacies, Hospital Pharmacies, and More), and Geography
Facebook
Twitterhttps://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Netherlands Pharmaceutical Market Report is Segmented by ATC/Therapeutic Class (Alimentary Tract & Metabolism, and More), Molecule Type (Branded, Generic, Biosimilar), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), Mode of Dispensing (Prescription, OTC), and Geography (Netherlands). The Market Forecasts are Provided in Terms of Value (USD).
Facebook
Twitterhttps://www.technavio.com/content/privacy-noticehttps://www.technavio.com/content/privacy-notice
Germany Pharmaceuticals Market Size 2024-2028
The Germany pharmaceuticals market size is forecast to increase by USD 24.9 billion at a CAGR of 6.79% between 2023 and 2028.
The market exhibits strong growth due to significant investments in the industry and the burgeoning expansion of e-commerce. These factors contribute to the market's upward trajectory. Additionally, pricing and reimbursement policies play a crucial role in market growth. Germany's commitment to research and development, coupled with its advanced healthcare system, positions it as a key player in the global pharmaceutical industry. Simultaneously, the market's future looks promising, with continued investment in innovative technologies and a focus on patient-centric care. Overall, these trends present both opportunities and challenges for market participants, requiring strategic planning and adaptability to remain competitive.
What will be the size of the market during the forecast period?
Request Free Sample
The market plays a significant role in the healthcare sector, providing essential drugs for medical and healthcare purposes. This market encompasses various types of pharmaceutical drugs, including biologics, vaccines, and traditional medicines. The demand for these drugs continues to grow due to the increasing prevalence of common diseases and the aging population's longer lifespans. Vaccines have gained prominence in recent times, particularly in the context of viruses. Pharmaceutical companies are investing heavily in research and development to create effective vaccines for various viruses. These vaccines are crucial in preventing the spread of diseases and ensuring public health. The market caters to diverse segments, such as hospital pharmacies, drug stores, and online pharmacies. In addition, if pharmaceutical companies are anticipating difficulties in pricing negotiations, which could prevent patients from benefiting from the potentially life-saving treatment of chronic diseases like cancer and cardiovascular disease, they may be reluctant to make their products available on Germany's market.
Simultaneously, skilled workers with specialized skills are in high demand to manage the complexities of this industry. The benefits of pharmaceutical drugs extend beyond individuals, positively impacting society as a whole. Patients' characteristics, including genetic composition, influence the need for precision treatments. The market is dynamic, with constant advancements in technology and research leading to new treatments and therapies. The market's growth is driven by the increasing demand for healthcare services and the aging population's growing needs.
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Distribution Channel
Pharmacy
Clinic
Type
Prescription
Non-prescription
Geography
Germany
By Distribution Channel Insights
The pharmacy segment is estimated to witness significant growth during the forecast period.
The German pharmaceuticals market is dominated by the pharmacy segment, which held the largest market share in 2023. In Germany, pharmacies serve as the primary distribution channels for both prescription and over-the-counter medications. Under the Pharmacy Monopoly system, only licensed pharmacies are authorized to sell these drugs, ensuring their quality, safety, and availability to the public. Pharmacies in Germany are typically owned and operated by licensed pharmacists and include various types such as public, hospital, and mail-order pharmacies. Beyond dispensing medications, these establishments offer services like prescription counseling, patient consultations, medication management, and health-related advice.
Get a glance at the market share of various segments Request Free Sample
The pharmacy segment was valued at USD 42.90 billion in 2018 and showed a gradual increase during the forecast period.
Market Dynamics
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Germany pharmaceuticals Market?
High investment in the pharmaceutical industry is the key driver of the market.
The market is a significant contributor to the global healthcare sector, driven by the country's advanced healthcare system, skilled workforce, and specialized skills in areas such as biopharmaceuticals and nanotechnology. Germany is home to numerous research organizations and medical equipment manufacturers, making it an attractive destination for
Facebook
Twitterhttps://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The size of the Indian Pharmaceutical Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 10.70% during the forecast period. In fact, Indian pharmaceuticals is a vibrant, dynamic, and fast-growing sector, regarded as one of the biggest pharmaceutical industries in the world. Apart from general drugs, APIs, and biosimilars, India provides generic forms of an enormous range of pharmaceutical products. Growth of India's pharmaceutical industry can be attributed to other factors like more expenditure on healthcare, increased presence of chronic diseases, and large population needing cheap medicines. Further strong manufacturing capabilities, a skilled workforce, and a favorable regulatory environment have catapulted India into a global hub for the manufacturing of pharmaceuticals. The country provides around 20% of the generic medicines supplied in the world, with pharmaceutical exports increasing substantially over the past several years, particularly towards developed markets such as the United States and Europe. Some emerging trends include innovation in drug development, where research and the development of new drugs are given emphasis to ensure that those drugs will indeed be novel in their treatment. Biotechnology and digital health solutions also determine changes happening in this field, developing tailored medicines and treatments highly advanced. Despite the demand headwinds of high regulatory standards and strong competition from other low-cost manufacturing countries, the Indian pharmaceutical industry will experience headwinds including high regulatory standards and strong competition from other low-cost manufacturing countries. However, given the right actions by the government to enhance production and innovation and to provide access to the much-needed medicines, this Indian pharmaceutical industry would be exceptionally well-positioned for future growth and be a critical player in the future global health arena. Recent developments include: In February 2022, Dr. Reddy's Laboratories Ltd. announced that the Drugs Controller General of India (DCGI) had approved the single-shot Sputnik Light vaccine for restricted use in an emergency in India., In November 2021, Cipla Limited was granted EUA permission by the DCGI for the launch of Molnupiravir in India, the first oral antiviral approved by the United Kingdom Medicines and Healthcare Products Regulatory Agency (MHRA) for the treatment of mild-to-moderate COVID-19 at high risk of developing severe disease.. Key drivers for this market are: Low Cost of Production and Increased R&D Activities, Increased Expenditure on Healthcare and Medicine. Potential restraints include: Lack of a Stable Pricing and Policy Environment, Lack in Development of Innovative Drugs. Notable trends are: The Respiratory Therapeutic Category Segment is Expected to Show Healthy Market Growth in the Forecast Period.
Facebook
Twitterhttps://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The size of the Japan Pharmaceutical Industry market was valued at USD XXX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 0.88% during the forecast period. Recent developments include: In April 2022, Takeda pharmaceuticals received manufacturing and marketing approval from the Japan Ministry of Health, Labour and Welfare (MHLW) for Nuvaxovid Intramuscular Injection (Nuvaxovid), a novel recombinant protein-based COVID-19 vaccine for primary and booster immunization in individuals aged 18 and older., In March 2022, Chugai Pharmaceutical Co. Ltd obtained regulatory approval from the Ministry of Health, Labour and Welfare (MHLW) of Japan for Vabysmo for Intravitreal Injection 120 mg/ mL (generic name: farcical), an anti-VEGF/anti-Ang-2 bispecific antibody for the treatment of age-related macular degeneration associated with subfoveal choroidal neovascularization and diabetic macular edema (DME).. Key drivers for this market are: Rising Geriatric Population and Increasing Burden of Chronic Diseases, Increasing Research and Development Activities Along with Growing R&D Investments. Potential restraints include: Stringent Regulatory Scenario. Notable trends are: Prescription Drugs Segment is Expected to Hold a Significant Share in the Market Over Forecast Period.
Facebook
Twitterhttps://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The pharmaceutical intermediates market is poised for steady growth over the next few years, with its value expected to increase significantly from USD 36.62 billion in 2025 to USD 57.03 billion by 2035. This growth corresponds to a CAGR of 4.5%, reflecting a consistent expansion driven by rising demand in the pharmaceutical sector.
| Attributes | Key Insights |
|---|---|
| Industry Size (2025E) | USD 36.62 billion |
| Industry Value (2035F) | USD 57.03 billion |
| CAGR (2025 to 2035) | 4.5% |
Semi Annual Market Update
| Particular | Value CAGR |
|---|---|
| H1 | 5.5% (2024 to 2034) |
| H2 | 5.1% (2024 to 2034) |
| H1 | 4.5% (2025 to 2035) |
| H2 | 4.2% (2025 to 2035) |
Analyzing Pharmaceutical Intermediates Market Analyzed by Top Investment Segments
| Product | Share (2025) |
|---|---|
| Chemical Intermediates | 58.5% |
| Category | CAGR (2025 to 2035) |
|---|---|
| Generic Drug Intermediates | 6.4% |
| Application | CAGR (2025 to 2035) |
|---|---|
| Generic Drug Intermediates | 7.8% |
| End User | CAGR (2025 to 2035) |
|---|---|
| CMOs/CROs | 5.6% |
Country-wise Insights
| Countries | Value CAGR (2025 to 2035) |
|---|---|
| UK | 3.0% |
| China | 6.4% |
| India | 7.2% |
| Germany | 3.3% |
| USA | 3.2% |
| Saudi Arabia | 2.3% |
Facebook
Twitterhttps://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The United States pharmaceutical intermediate market is expected to reach USD 6,591.4 million in 2025 and is projected to reach a total value of USD 9,052.8 million by 2035. This represents a compound annual growth rate (CAGR) of 3.2% during the forecast period from 2025 to 2035.
| Attributes | Values |
|---|---|
| Estimated USA Industry Size (2025) | 6,591.4 million |
| Projected USA Value (2035) | 9,052.8 million |
| Value-based CAGR (2025 to 2035) | 3.2% |
Facebook
Twitterhttps://www.rootsanalysis.com/privacy.htmlhttps://www.rootsanalysis.com/privacy.html
Global cold chain market for pharmaceuticals is likely to grow from USD 6.4 bn in 2024 to USD 6.6 bn in 2025 and USD 9.6 bn by 2035, representing a CAGR of 3.8%
Facebook
Twitterhttps://www.technavio.com/content/privacy-noticehttps://www.technavio.com/content/privacy-notice
Pharmaceuticals Wholesale and Distribution Market Size 2025-2029
The pharmaceuticals wholesale and distribution market size is forecast to increase by USD 976.2 billion, at a CAGR of 9.5% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing global sales of pharmaceuticals. This expansion is fueled by the continuous development and introduction of innovative drugs, as well as the rising healthcare expenditures in various regions. An emerging trend in this market is the utilization of drones in pharmaceuticals wholesale and distribution. Drones offer numerous advantages, including faster delivery times, reduced transportation costs, and improved supply chain efficiency. However, this innovation also introduces new complexities. Time-bound deliveries become even more crucial in the pharmaceutical industry due to the temperature-sensitive nature of many drugs, necessitating stringent logistical planning and execution.
Additionally, customization of the supply chain is increasingly important to cater to individual patient needs, further complicating the distribution process. Companies in this market must effectively navigate these challenges to capitalize on the opportunities presented by the growing pharmaceutical sales and the adoption of advanced technologies like drones.
What will be the Size of the Pharmaceuticals Wholesale and Distribution Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample
The market continues to evolve, presenting dynamic challenges and opportunities across various sectors. Order fulfillment processes are streamlined through contract logistics providers, ensuring efficient product lifecycle management and adherence to pharmaceutical handling procedures.
Demand forecasting models and e-pedigree verification systems enable accurate inventory control and counterfeit drug detection. Industry growth is anticipated to reach double-digit percentages, with a significant focus on regulatory compliance audits, third-party logistics, and returns management systems. For instance, a leading pharmaceutical company experienced a 15% increase in sales due to optimized distribution center operations and the implementation of a sophisticated warehouse management software.
Drug traceability systems, temperature monitoring devices, and automated dispensing systems are essential components of the pharmaceutical supply chain, ensuring drug storage solutions meet stringent requirements.
Wholesale pricing strategies and drug recall management are also critical aspects, requiring inventory management systems and quality control procedures that adhere to cold chain logistics and pharmaceutical serialization standards. Regulatory compliance audits, wholesale pricing strategies, and distribution network optimization are key drivers of market activity, with regulatory bodies and industry associations continually updating guidelines and best practices. In this ever-changing landscape, companies must stay informed and adapt to maintain competitive edge.
How is this Pharmaceuticals Wholesale and Distribution Industry segmented?
The pharmaceuticals wholesale and distribution industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Type
Branded drugs
Generic drugs
Speciality drugs
End-user
Retail pharmacies
Hospital pharmacies
Others
Service
Warehousing and storage
Cold chain logistics
Direct-to-pharmacy (DTP) distribution
Specialty logistics
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
Middle East and Africa
UAE
APAC
China
India
Japan
South America
Brazil
Rest of World (ROW)
By Type Insights
The branded drugs segment is estimated to witness significant growth during the forecast period.
In the dynamic pharmaceutical market, branded drugs undergo a meticulous process from research and development to distribution. Pharmaceutical companies invest substantially in research and development, resulting in high selling prices. However, the risk of counterfeit drugs infiltrating the market underscores the importance of robust pharmaceutical handling procedures.
Contract logistics providers play a crucial role in the order fulfillment process, ensuring efficient and compliant distribution. Product lifecycle management is another essential aspect, with demand forecasting models and pharmaceutical serialization facilitating seamless transitions between stages. E-pedigree verification and counterfeit drug detection systems help maintain drug traceability and
Facebook
Twitterhttps://straitsresearch.com/privacy-policyhttps://straitsresearch.com/privacy-policy
The global cloud computing in pharmaceutical market size was USD 18.3 billion in 2024 & is projected to grow from USD 20.97 billion in 2025 to USD 62.39 billion by 2033.
Report Scope:
| Report Metric | Details |
|---|---|
| Market Size in 2024 | USD 18.3 Billion |
| Market Size in 2025 | USD 20.97 Billion |
| Market Size in 2033 | USD 62.39 Billion |
| CAGR | 14.6% (2025-2033) |
| Base Year for Estimation | 2024 |
| Historical Data | 2021-2023 |
| Forecast Period | 2025-2033 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered | By Service Type,By Deployment Mode,By Application,By Region. |
| Geographies Covered | North America, Europe, APAC, Middle East and Africa, LATAM, |
| Countries Covered | U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia, |
Facebook
Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
Demand for contract pharmaceutical research services (CPRS) has strengthened through the current period, driven by growing demand from new drug manufacturing. Rising consolidation and vertical integration have enabled researchers to become a one-stop shop for all client needs. Thermo Fisher's acquisition of PPD for $17.4 billion early in the period demonstrates consolidation as a strategy to remain competitive in life sciences services. Contract pharmaceutical research organizations (CPROs) increasingly backed by private equity validate the strength of the market, with revenue for CPROs expected to climb at a CAGR of 1.9% to $16.5 billion through 2025, including a 2.9% jump in 2025. CPROs have rapidly adopted and leveraged new technologies to improve the efficiency of drug development activities, including clinical trial design, patient recruitment, data management and analysis. The pandemic accelerated technology adoption, making virtual and decentralized clinical trials more prevalent and creating new contract opportunities, leading to historic growth. CPROs have also leveraged digital technologies to facilitate remote patient monitoring and data collection, reducing the need for in-person visits and has opened up opportunities for more patient-centric clinical trials. The benefit of economies of scale and specialization offered by CPROs will attract business from large pharmaceutical clients. Since CPRS firms are fee-for-service businesses, economies of scale and specialization are the main paths for increased profit. So, while the CPROs do not benefit from royalties from drug development or monetization of data, they benefit as pharmaceutical manufacturers will devote an increasing share of capital to researching "orphan drugs" and rare oncology medications. Meanwhile, while regulatory changes can impact sponsors' pricing, vertical integration and international expansion are significant pathways for revenue growth. Pharmaceutical tariffs could negatively impact R&D in the US by inflating costs for importing crucial raw materials and innovative technologies. This can strain budgets and slow down research initiatives that hurt CPRO businesses. Despite the potential changes and uncertainty in pharmaceutical industry demand, revenue is expected to climb at a forecast CAGR of 2.5% to $18.7 billion through the outlook period, with profit declining slightly as wage expense climbs.
Facebook
TwitterThe dataset is a comprehensive sales record from Gottlieb-Cruickshank, detailing various transactions that took place in Poland in January 2018. The data includes information on customers, products, and sales teams, with a focus on the pharmaceutical industry. Below is a detailed description of the dataset:
Columns:
Row 1:
Row 2:
This dataset can be utilized for various analyses, including sales performance by city, product, and sales teams, as well as geographical distribution of sales within Poland. It provides valuable insights into the pharmaceutical sales strategies and their execution within a specific time frame.
Facebook
Twitterhttps://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
The China pharmaceutical intermediate market is projected to be valued at USD 9,309.7 million in 2025 and is anticipated to witness a steady expansion at a CAGR of 6.4%, reaching USD 17,276.3 million by 2035.
| Attributes | Values |
|---|---|
| Estimated China Industry Size (2025) | USD 9,309.7 million |
| Projected China Value (2035) | USD 17,276.3 million |
| Value-based CAGR (2025 to 2035) | 6.4% |
Facebook
Twitterhttps://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Denmark Pharmaceutical Market Report is Segmented by Therapeutic Category (Anti-Infectives, and More), Drug Type (Prescription Drugs, OTC Drugs), Formulation (Tablets, Capsules, Injectables, Others), Route of Administration (Oral, Parenteral, Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and Geography (Denmark). The Market Forecasts are Provided in Terms of Value (USD).
Facebook
Twitterhttps://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Australia Pharmaceutical Market Report is Segmented by ATC/Therapeutic Class (Alimentary Tract & Metabolism, and More), Drug Type (Branded, Generic), Prescription Type (Rx, OTC), and Distribution Channel (Hospital, Retail, Online Pharmacies). Market Forecasts are Provided in Value (USD).
Facebook
Twitterhttps://www.fnfresearch.com/privacy-policyhttps://www.fnfresearch.com/privacy-policy
[240+ Pages Report] The global Pharmaceutical market size is expected to grow from USD 1,482.4 million to USD 2,067.36 million by 2028, at a CAGR of 5.70% from 2022-2028
Facebook
Twitterhttps://www.technavio.com/content/privacy-noticehttps://www.technavio.com/content/privacy-notice
Pharmaceutical Contract Research And Manufacturing Market Size 2024-2028
The pharmaceutical contract research and manufacturing market size is forecast to increase by USD 141.3 bn at a CAGR of 10.87% between 2023 and 2028.
The market is experiencing significant growth, driven by several key factors. One of the primary drivers is the availability of cost-efficient resources in emerging markets, which has attracted numerous CMOs to set up operations In these regions. Another trend influencing the market is the increasing number of US FDA-approved manufacturing facilities, ensuring stringent quality control and regulatory compliance. However, the stereotypical nature of CMOs, which may hinder innovation and adaptability to new technologies, poses a challenge. Overall, the market is expected to grow steadily, driven by these factors and the increasing demand for outsourcing In the pharmaceutical industry.
What will be the Size of the Pharmaceutical Contract Research And Manufacturing Market during the Forecast Period?
Request Free SampleThe market encompasses a diverse range of services, from drug discovery and development to manufacturing and quality control. This market is characterized by its significant size and dynamic growth, driven by the increasing demand for cost-effective and efficient solutions in bringing new drugs to market. Key trends include the outsourcing of research and manufacturing processes, regulatory compliance, and the integration of advanced manufacturing technologies such as continuous manufacturing and artificial intelligence. Services in this market span from route scouting and bioprocess outsourcing to drug formulation and quality control. The market caters to both small molecule drugs and biologics, including biosimilars and active pharmaceutical ingredients (APIs).Pharmaceutical companies increasingly rely on specialized services providers to ensure regulatory compliance during clinical trials, reduce time-to-market, and optimize production costs. The market's focus on innovation and efficiency continues to evolve, with a growing emphasis on specialized services and the development of generic drugs and APIs.
How is this Pharmaceutical Contract Research And Manufacturing Industry segmented and which is the largest segment?
The pharmaceutical contract research and manufacturing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ServiceCMOCROEnd-userBig pharmaceuticalsSmall and medium-sized pharmaceuticalsGeneric pharmaceuticalsGeographyNorth AmericaUSAsiaChinaIndiaEuropeGermanyUKRest of World (ROW)
By Service Insights
The cmo segment is estimated to witness significant growth during the forecast period. The Contract Research and Manufacturing Organizations (CMO) segment dominates the global pharmaceutical market, driven by the increasing demand for specialized manufacturing processes for short-lived drugs and healthcare products. Advancements in medical sciences and the growing preference for specialty medicines, coupled with technological innovations like nanotechnology and stem cell research, are fueling the production of complex drugs. Pharmaceutical giants such as Pfizer, Johnson & Johnson, and GlaxoSmithKline are outsourcing their manufacturing activities to CMOs to optimize resource utilization. Additionally, the emergence of biologics, biosimilars, and targeted medication therapies is increasing the demand for cost-effective manufacturing services. CMOs offer a range of specialized services, including drug discovery, biologics manufacturing, clinical trial support, and regulatory compliance, among others.The pharmaceutical ecosystem comprises big pharma companies, academic institutes, CROs, and various service providers, all contributing to the drug development process. The integration of digitalization, personalized medicines, and advanced manufacturing technologies is further transforming the pharmaceutical landscape.
Get a glance at the market report of various segments Request Free Sample
The CMO segment was valued at USD 91.90 bn in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
Asia is estimated to contribute 46% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market size of various regions, Request Free Sample
The Pharmaceutical Contract Research and Manufacturing (CRAM) market in North America experienced notable expansion in 2023 and is projected to continue growing during the forecast period. This growth can be attributed to the robust CRO (Contract Research Organizations) sector In the region, as well as the increasing adopt
Facebook
Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
Brand name pharmaceutical manufacturers in the US are some of the most lucrative in the world. Consumers in the US use and spend more on prescription drugs than any other country, making manufacturers central to meeting this demand and supporting public health. This role was evident during the COVID-19 pandemic, as brand name pharma producers researched, produced and distributed vital vaccines in record time. Aside from vaccine development, domestic manufacturers can attribute rising spending on brand name drugs to several factors, including an aging population, expanding health coverage, new drug approvals and medical advances in expensive specialty areas like rare diseases and oncology. Still, mounting scrutiny facing brand name pharma makers focuses on pricing policies and patent protections, suggesting that the industry’s strong performance indicates monopolistic practices and price hikes rather than rising prescription drug use. Operating pressures have weakened revenue growth, with revenue declining at a CAGR of 0.5% over the past five years to an estimated $271.2 billion, including expected growth of 3.0% in 2025. One of the most notable pieces of regulation to date impacting brand name pharmaceutical producers is the Inflation Reduction Act (IRA). Passed in 2022, the IRA introduces multiple provisions impacting the industry, permanently reshaping how pharmaceutical manufacturers will operate. Key provisions of the IRA include Medicare’s ability to negotiate drug prices, rebates for excessive price increases and an out-of-pocket spending cap. While a substantial body of criticism and legal challenges surrounding the IRA exists, it marks the movement to lower drug spending for patients and the federal government. Several oncology drugs, which are major revenue drivers for the industry, are among those included on Medicare’s initial drug price negotiation list. While brand name pharma manufacturers will navigate an evolving environment, robust R&D investments, M&A and innovative therapies will offset these pressures. R&D investments will yield innovative therapies to address unmet needs, bolstering product pipelines. At the same time, an increasing prevalence of chronic illness and a growing number of adults over 65 will support a steep demand for prescription drugs. Merger and acquisition activity seen in recent years won’t slow down as incumbents look for ways to diversify pipelines, access new technologies or reach new markets as pressures from patent cliffs and the regulatory landscape mount. The success of new drug classes like GLP-1 receptor agonists will shape the industry, with these therapies driving demand in diabetes and obesity treatment. At the same time, trade tensions and bipartisan pressure to reshore pharmaceutical manufacturing will prompt companies to revisit supply chains and domestic production strategies in response to geopolitical risk and tariff policies. Overall, revenue will expand, increasing at a CAGR of 3.2% to an estimated $317.0 billion over the next five years.
Facebook
TwitterThe global pharmaceutical market has experienced significant growth in recent years. For 2024, the total global pharmaceutical market was estimated at around *** trillion U.S. dollars. This is an increase of roughly *** billion dollars compared to 2023. Global pharmaceutical markets Globally, the United States is by far the leading market for pharmaceuticals, followed by other developed countries and emerging markets. Emerging markets can include middle and low-income countries such as Brazil, India, Russia, Colombia and Egypt, to name a few. Despite increasing revenues globally, the Latin American region accounts for the lowest share of the global pharmaceutical market’s revenues. Top pharmaceuticals globally The top pharmaceutical products sold globally include Humira, Eliquis and Revlimid. Oncology is the op therapeutic area for drug sales globally, and it is expected to show the largest growth over the next years. It is followed by drug spending for autoimmune diseases and diabetes. During the height of the COVID-19 pandemic, Comirnaty was the world's top revenue generating pharmaceutical product.
Facebook
Twitterhttps://www.marknteladvisors.com/privacy-policyhttps://www.marknteladvisors.com/privacy-policy
India’s pharma industry continues strong growth, expected to reach USD 92.32 billion by 2030 with an 11.62% CAGR. Find out how investments, trends, and government initiatives are shaping the market outlook.
Facebook
Twitterhttps://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The India Pharmaceutical Market Report Segments the Industry Into by Therapeutic Category (Anti-Infectives, Cardiovascular, Gastrointestinal, and More), Drug Type (Prescription Drug, OTC Drugs), Route of Administration (Oral, Inhalation, and More), Formulation (Tablets & Capsules, Injectables, and More), Distribution Channel (Retail Pharmacies, Hospital Pharmacies, and More), and Geography