North America Pharmaceutical Manufacturing Market Size & Outlook
The pharmaceutical manufacturing market in North America is expected to reach a projected revenue of US$ 355,588.4 million by 2030. A compound annual growth rate of 8% is expected of North America pharmaceutical manufacturing market from 2024 to 2030.
Roche Holding AG ADR, Novartis AG ADR, GlaxoSmithKline, Pfizer Inc, Merck & Co Inc, AstraZeneca PLC, Johnson & Johnson, Sanofi SA, Eli Lilly and Co, AbbVie Inc, Thermo Fisher Scientific Inc, Wuxi AppTec Co Ltd, Samsung BioLogics, FUJIFILM Holdings Corp, Lonza Group Ltd, Catalent Inc, Jubilant Pharmova
Other key industry trends
In terms of revenue, North America region accounted for 41.3% of the global pharmaceutical manufacturing market in 2023.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 207,213.6 million by 2030.
In 2022, North America held the largest share of 37.01% of the pharmaceutical manufacturing market. Growth in the region can be attributed to the rising prevalence of chronic diseases and favorable government initiatives.
North America is a developed region with high healthcare expenditure. The local presence of regulatory entities in North America is expected to boost the pharmaceutical manufacturing market. Growth in the region is further supported by these entities playing a vital role in creating awareness among people about the potential therapies in disease management.
Moreover, the high prevalence of eye diseases and increasing eye treatment procedures are contributing to market growth in North America. High healthcare costs are among the primary factors driving market growth, boosting the demand for fast-acting and high-efficacy drugs.
North America Pharmaceutical Manufacturing Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Pharmaceutical Manufacturing Market Outlook will help companies and investors design strategic landscapes.
Conventional Drugs (Small Molecules) was the largest segment with a revenue share of 52.03% in 2023.
Horizon Databook has segmented the North America pharmaceutical manufacturing market based on biologics & biosimilars (large molecules), conventional drugs (small molecules) covering the revenue growth of each sub-segment from 2018 to 2030.
In 2022, North America held the largest share of 37.01% of the pharmaceutical manufacturing market. Growth in the region can be attributed to the rising prevalence of chronic diseases and favorable government initiatives.
North America is a developed region with high healthcare expenditure. The local presence of regulatory entities in North America is expected to boost the pharmaceutical manufacturing market. Growth in the region is further supported by these entities playing a vital role in creating awareness among people about the potential therapies in disease management.
Moreover, the high prevalence of eye diseases and increasing eye treatment procedures are contributing to market growth in North America. High healthcare costs are among the primary factors driving market growth, boosting the demand for fast-acting and high-efficacy drugs.
North America Pharmaceutical Manufacturing Market Molecule Type Outlook (Revenue, USD Million , 2018-2030)
Biologics & Biosimilars (Large Molecules)
Conventional Drugs (Small Molecules)
North America Pharmaceutical Manufacturing Market Drug Development Type Outlook (Revenue, USD Million , 2018-2030)
Outsource
In-house
North America Pharmaceutical Manufacturing Market Formulation Outlook (Revenue, USD Million , 2018-2030)
Tablets
Capsules
Injectables
Sprays
Suspensions
Powders
Other Formulations
North America Pharmaceutical Manufacturing Market Routes of Administration Outlook (Revenue, USD Million , 2018-2030)
Oral
Topical
Parenterals
Inhalations
Other Routes of Administration
North America Pharmaceutical Manufacturing Market Therapy Area Outlook (Revenue, USD Million , 2018-2030)
Cardiovascular Diseases
Pain
Diabetes
Cancer
Respiratory Diseases
Other Diseases
North America Pharmaceutical Manufacturing Market Prescription Requirements Outlook (Revenue, USD Million , 2018-2030)
Prescription Medicines
Over-the-counter (OTC) Medicines
North America Pharmaceutical Manufacturing Market Age Type Outlook (Revenue, USD Million , 2018-2030)
Children & Adolescents
Adults
Geriatric
North America Pharmaceutical Manufacturing Market Sales Channel Outlook (Revenue, USD Million , 2018-2030)
Retail
Non-retail
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Pharmaceutical Manufacturing Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Pharmaceutical Manufacturing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Pharmaceutical Manufacturing Market, 2018-2030 (US$M)