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| Products/Services Breakdown | |
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| Financial Metrics | |
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| Public Company Information | |
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2023 U.S. Industry Statistics & Market Forecast - Pharmaceutical Preparation Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Pharmaceutical Preparation Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2017 2018 2019 2020 2021 2022 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
Industry Insights
The Pharmaceutical Preparation Manufacturing industry is experiencing several key trends affecting its operations. One of the key trends is the growing demand for personalized medicine. Personalized medicine involves the customization of medical treatments for individual patients based on their genomic makeup, lifestyle, and other factors. This trend is driving the development of new treatments and therapies that are targeted to specific populations.Another trend affecting the industry is the shift towards biologics. Biologics are drugs made from living organisms and are highly effective in targeting specific diseases, such as cancer and autoimmune disorders. As a result, many pharmaceutical companies are investing in the development and manufacturing of biologics.
The increasing use of digital technologies in healthcare is also impacting the Pharmaceutical Preparation Manufacturing industry. The use of digital technologies such as telemedicine, electronic health records, and remote patient monitoring is becoming more prevalent, which is driving the demand for drugs that can be used in conjunction with these technologies.
The industry is also facing pressure to reduce costs and increase efficiency. As a result, many pharmaceutical companies are implementing lean manufacturing practices and outsourcing non-core activities to third-party contractors.
Finally, there is an increasing focus on sustainability and environmentally friendly practices in the Pharmaceutical Preparation Manufacturing industry. Many companies are investing in renewable energy sources and reducing their carbon footprint to meet the growing demand for sustainable products.
Product & Services Breakdown
Research products and services in the Pharmaceutical Preparation Manufacturing industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Sales ($ millions) | Percent of Total Sales | |
|---|---|---|---|
Industry Total |
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Medicinal And Botanical Manufacturing |
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Synthetic Organic Medicinal Chemicals (All Uses), Medicinal And Botanical Drugs, Chemicals, And Products, In Bulk, Alkaloid Drug |
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Pharmaceutical Preparation Manufacturing |
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Pharmaceutical Preparations, Acting On The Central Nervous System And The Sense Organs, For Human Use |
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Pharmaceutical Preparations, Acting On The Cardiovascular System, For Human Use |
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Pharmaceutical Preparations, Acting On The Respiratory System, For Human Use |
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Pharmaceutical Preparations, Acting On Skin, For Human Use |
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Pharmaceutical Preparations, Vitamin, Nutrient, And Hematinic Preparations, For Human Use |
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Pharmaceutical Preparations, Affecting Parasitic And Infective Diseases, For Human Use (Excluding Diagnostics) |
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Pharmaceutical Preparation Manufacturing, Not Categorized, Total |
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Biological Product (Except Diagnostic) Manufacturing |
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Other Biologics, Excluding Diagnostic, For Human Use |
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Toilet Preparation Manufacturing |
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Creams, Lotions And Oils, Excluding Shaving, Hair, And Deodorant |
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Total Miscellaneous Receipts |
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Resales - Sales Of Products Bought And Sold Without Further Manufacture, Processing, Or Assembly |
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Contract Work - Receipts For Work Done For Others On Their Materials |
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Miscellaneous Receipts, Including Receipts For Repair Work, Sales Of Scrap And Refuse. |
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U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) | |
|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Pharmaceutical Preparation Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Pharmaceutical Preparation Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Pharmaceutical Preparation Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 12% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Operations Specialties Managers | 5% | |||
| Business and Financial Operations Occupations | 8% | |||
| Business Operations Specialists | 7% | |||
| Architecture and Engineering Occupations | 5% | |||
| Life, Physical, and Social Science Occupations | 14% | |||
| Life Scientists | 5% | |||
| Office and Administrative Support Occupations | 8% | |||
| Production Occupations | 34% | |||
| Other Production Occupations | 29% | |||
| Chemical Processing Machine Setters, Operators, and Tenders | 9% | |||
| Chemical Equipment Operators and Tenders | 8% | |||
| Packaging and Filling Machine Operators and Tenders | 10% | |||
| Packaging and Filling Machine Operators and Tenders | 10% | |||
| Transportation and Material Moving Occupations | 5% | |||
Pharmaceutical Preparation Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Pharmaceutical Preparation Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Pharmaceutical Preparation Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Pharmaceutical Preparation Manufacturing industry. |
Source:
Government Contracts
In 2022, the federal government spent a total of $44,211,102,994 on Pharmaceutical Preparation Manufacturing. It has awarded 17469 contracts to 789 companies, with an average value of $56,034,351 per company.| Most Recent Contracts | Date | Total Award Amount |
|---|---|---|
| MCKESSON CORPORATION 6555 State Highway 161 Irving, TX | Jun 30, 2023 | $734,587,706 |
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