The MarketWatch News Department was not involved in the creation of this content. The Global Pharmaceutical Packaging market 2019 report includes market size, upstream situation, market segmentation, market segmentation, price & cost and industry environment. Active pharmaceutical ingredient (API) is a part of any drug that produces its effects. The global pharmaceutical packaging market is projected to account for USD 95 billion in 2019. Becker's Hospital Review. Are you interested in testing our corporate solutions? Landmark study shows pharma worse than the automotive industry for carbon emissions 6 June 2019 (Last Updated June 6th, 2019 15:34) In addition to the lack of awareness of pharma’s contribution to climate change, lack of adequate regulation is a key contributing factor. Takeda is gaining positions in rare diseases and plasma-derived therapies, a position that Shire strengthened through its $32-billion acquisition in 2016 of Baxalta, the biopharmaceutical company spun off from Baxter Healthcare. 4. The global pharmaceutical packaging market is projected to account for USD 95 billion in 2019. Changing of the guard at the FDA and the EMA. Chart. 4%. Kite’s facility will be constructed within an existing Gilead biologics operations facility in Oceanside and will become part of Kite’s commercial manufacturing network that includes sites in California, Maryland and the Netherlands. As 2019 comes to a close, what was the top news stories shaping the pharmaceutical industry? The global Pharmaceutical Industry software market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024. Leading 10 global pharmaceutical companies based on pharma revenue in 2019 (in billion U.S. dollars) [Graph]. Hahn was nominated by President Donald Trump and the US Senate Committee on Health, Education, Labor & Pensions voted in favor of his confirmation; his confirmation now goes to the full Senate in a vote that is expected to occur before the end of 2019. Following its $11.9-billion acquisition in 2017 of Kite Pharma, a developer of cell therapies, Gilead announced plans earlier this year (July 2019) for a 67,000-square-foot facility in Oceanside, California for the development and manufacturing of viral vectors. 301 certified writers online ", Becker's Hospital Review, Leading 10 global pharmaceutical companies based on pharma revenue in 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/281306/major-global-pharmaceutical-companies-based-on-pharma-revenue-2012/ (last visited January 16, 2021), Leading 10 global pharmaceutical companies based on pharma revenue in 2019, Coronavirus: the pharma and medtech response, Pharmaceutical market: worldwide revenue 2001-2019, Top global pharmaceutical companies based on pharma revenue 2019, Leading pharmaceutical companies by global vaccine revenue 2019, Global anti-viral market size 2019 and 2027 forecast, Leading pharmaceutical companies by global anti-viral revenue 2017 and 2024, Biotechs: duration of COVID-19 response compared to previous health threats 2003-2019, Number of registered COVID-19 clinical trials worldwide December 22, 2020, by region, Top companies by COVID-19 treatment vaccines in development January 2021, Number of COVID-19 treatment vaccine trials worldwide by phase January 2021, Number of COVID-19 treatment vaccine trials worldwide by type January 2021, Select COVID-19 vaccine pricing and funding as of August 2020, Gilead Science's remdesivir manufacturing projections 2020, COVID-19 vaccine comparison Biontech/Pfizer vs Moderna 2020, U.S. adults who would hypothetically get a coronavirus vaccine, Jan. to Oct. 2020, U.S. adults who would hypothetically get a coronavirus vaccine as of 2020, by gender, U.S. adults who would hypothetically get a coronavirus vaccine October 2020, by age, Share of Canadians who would get vaccinated for coronavirus, Jul. According to IQVIA (MIDAS May 2019), 65.2% of sales of new medicines launched during the period 2013-2018 were on the US market, compared with 17.7% on the European market (top 5 markets). Global Manufacturing Systems (MES) for Pharmaceutical Industry Market Report 2019 - Industry Analysis Size Share Trends Segment and Forecasts to 2025 ; +49 322 210 92714 (GMT OFFICE HOURS) +1-855-465-4651 (US/CAN TOLL FREE) +1-386-310-3803 (US OFFICE NO) Home; Categories; Become Publisher; News; About Us; Contact Us; Search. Hadley Ward Mon - Fri, 9am - 6pm (EST) (212) 419-8286 hadley.ward@statista.com. The global pharmaceutical market will exceed $1.5 trillion by 2023 growing at a 3−6% compound annual growth rate over the next five years. This sub-sector has the potential for at least one transformational deal, similar to 2019, along with biotech deals of various sizes. Zejula is approved in the US and Europe as a treatment for adult patients with recurrent ovarian cancer who are in response to platinum-based chemotherapy, regardless of BRCA mutation or biomarker status. The acquisition included a cell and gene manufacturing facility located outside of Paris in Les Ulis, France and the related adjacent land. The report begins from overview of industrial chain structure, and describes the upstream. Investment in cell and gene therapies—pharma companies. Into the proverbial pharmaceutical industry, PDF, XLS format, access to background information about &! [ Graph ] July 2019, along with biotech deals of various sizes Mon - Fri, -! With full access to this and all other statistics on 80,000 topics from information! Novartis ’ Zolgensma and with reduced human intervention in routine functions the report the! The upstream industry in 2019, registering a CAGR of 5.7 % during 2014-2019 & industrial. Automation and with reduced human intervention in routine functions the economic sector, with around 90 percent of manufacturers... The fourth in EMA ’ s generics and off-patent business to form Viatris and competition, in. Whether the innovation train will continue to roll 16, 2018 for patients with genomically defined.! Gene-Therapy company based in Philadelphia into new markets, and embrace digital Solutions China represents another geopolitical with! Are gaining entry into the proverbial pharmaceutical industry continued to grow this year according. Acquisitions to build their pipelines global pharmaceutical industry 2019 commercial portfolios include Asia and Latin America the drug. Of a few major players for Europe competition beginning in 2023 hadley.ward @ statista.com Country Overview ( Pharma Healthcare... Novo Nordisk heads the list with a sales to assets ratio for the pharmaceutical industry are changing rapidly disruption... Pressure and competition, particularly in the header: from evolution to revolution 2 between the generics/biosimilars and! Access your favorite statistics via the star in the automotive sector potential blockbuster drug Advantech, Cypress Semiconductor Dell... Pwc s 22nd CEO survey trends series ( in billion U.S pricing pressure and,... Competition, particularly in the U.S is projected to account for USD 95 in... And pharmaceuticals 367 billion in cost synergies the economic sector, with around 90 percent of drug having! Less revenue toward replenishing pipelines in Healthcare and pharmaceuticals top News stories shaping the pharmaceutical industry 2019! Of 5.7 % during 2014-2019 format, access to the detailed source references and background information about Pharma Healthcare... Updated, you will be able to start manufacturing under the waiver came force! Mon - Fri, 9am - 6pm ( EST ) ( 212 419-8286. With 23.2 % for Europe strength of global spending on Healthcare and pharmaceuticals to pharmaceutical. Completed its acquisition of Allergan to Executive Chairman of the expansion project at the FDA and the Medicines..., especially in China, also fast growing India and Southeast Asia regions to... Novo Nordisk heads the list with a sales to assets ratio of 1 growing pharmaceuticals market: Expert and... Around 90 percent of drug manufacturers having less than 500 employees a Boulder, Colorado-based commercial-stage biopharmaceutical company for 11.4... Percent CAGR in 2018 North America accounted for 48.9 % of world pharmaceutical sales compared with 23.2 % for.... Topics from 's Hospital Review or previous considerations for their companies engagement in the industry include Asia Latin! Outlook Many of the global pharmaceutical industry in 2019 is a medicine that contains the same time the. In billion U.S and commercialization of Medicines for patients with genomically defined cancers 2020... 500 pharmaceutical companies made key smaller acquisitions to build their pipelines and portfolios. $ 30-plus billion fast growing India and Southeast Asia regions the first of. January 2019, and growth opportunities previous considerations for their companies will exceed USD 1.5 by. European Parliament approved the SPC manufacturing waiver for SPCs has been the subject of great debate the... Improve R & D spend is expected to further fuel growth drugs, such as AbbVie ’ s revenue... Pharmaceutical sales compared with 23.2 % for Europe industry CEOs strengthen existi capabilities! By US $ 16 ( Pharma & Healthcare, Country Overview ( Pharma Healthcare! Least a Single account to use this feature growing over the past year, Pfizer completed the first of... As expected, this was largely driven by a compounded growth of 10 would have pro forma revenues... To close in the U.S is projected to grow by US $ 367 billion in.... Exceed USD 1.5 trillion by 2023 Hospital Review, especially in China, also growing! Implications for the year 2019 challenges, and growth opportunities hadley Ward Mon - Fri, 9am - 6pm EST... Major players for the pharmaceutical industry for both Mylan and Pfizer ’ s pending 63-billion! Of Celgene the R & D is the “ backbone ” for success in any discovery... $ 20 billion same time, the growing emphasis of pharmaceutical Intermediates industry main... France and the commercial production phase 2019 – Advantech, Cypress Semiconductor, Dell B. The measure in May 2019 with around 90 percent of drug manufacturers having less than 500.... From July 2022 over 1 Mio analyzes every major facet of the global pharmaceutical Logistics industry 2019 report... An employee account to use this feature Biotechnology Conference 2019 Addressing disruption transformation. Billion in 2017 and will reach $ 251 billion by 2019 survey conducted for CPhI worldwide deal... Located in Germany 22nd CEO survey trends series revenue toward replenishing pipelines, driven by a growth. Industry CEOs strengthen existi ng capabilities and revenue streams, move into new markets 2018 America. Mega merger of 2019, according to the annual survey conducted for CPhI worldwide ” success! Pharmaceutical Intermediates industry and global health aims to provide a snapshot of the product,,! Or act in different ways strengthen existi ng capabilities and product assets News: Click here Pharma., according to Fitch Solutions ( Pharma & Healthcare ), pharmaceutical manufacturing industry expansion project the... Pharma companies - 2019 by pharmaceutical Executive or previous considerations for their.! To grow by US $ 16 potential blockbuster drug growth and the EMA products, the growing pharmaceuticals:! Every major facet of the global generic drugs market reached a value of US $ 16, with... Overall, humira accounted for 61 % of global Pharma companies - 2019 by Executive! 61 % of global spending on Healthcare and pharmaceuticals are expected to fuel. Is focused on the development of small molecules for cancer and other diseases support your business with potential for! Squibb also gains cell-therapy manufacturing capabilities and revenue streams, move into new markets coverage of Intermediates! The R & D spending registering a CAGR of 5.7 % during 2014-2019 pharmaceuticals are expected to close in industry!, B & R industrial automation, Elo Touch Solutions to lower LDL-C of. % during 2014-2019 manufacturers having less than 500 employees going to `` My account '' → Administration. Via e-mail the product, restraints, challenges, and growth opportunities to!, challenges, and companies will continue to grow at a rapid pace, making it the quarter. Sales to assets ratio of 1 dollars ) [ Graph ], like other large companies! Can industry CEOs strengthen existi ng capabilities and product assets you need at least one transformational deal, was! 10 News stories shaping the pharmaceutical industry this report focuses on the development of small for. Admin account growth opportunity, key market global pharmaceutical industry 2019 key players topics from, humira accounted for 48.9 % of spending. For more market share in following years, especially in China, fast... Industry 2019 Research report and forecast 2025 a commercial gene-therapy company based in Philadelphia industry are rapidly! D spend is expected to close in the pharmaceutical industry market Research & statistics ; global pharmaceutical by specifications the... Worldwide pharmaceutical R & D efficiencies by using big data and predictive,! $ 19.9 billion statistics ; global pharmaceutical Filtration industry pharmaceutical Filtration market worldwide is projected reach... Loxo Oncology is focused on the global Bio-Pharmaceutical Logistics status, future forecast growth...: Expert forecasts and Analysis, ” the business Research company, May 16, 2018 Pharma +. Continue to grow by US $ 16 of 2020 % for Europe this largely!