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Pharmaceutical Contract Management Consulting in the US - Industry Market Research Report

Pharmaceutical Contract Management Consulting in the US - Industry Market Research Report

  • January 2019
  • 32 pages
  • ID: 5103747
  • Format: PDF
  • By Ibisworld

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Sweeten the pill: Operators will experience increased demand due to the patent cliff

Abstract

Pharmaceutical Contract Management Consulting
Operators in the Pharmaceutical Contract Management Consulting industry provide advice to pharmaceutical companies on issues, such as manufacturing and product development. In addition, pharmaceutical companies may contract management consultants to develop tools that evaluate Medicaid and Medicare reimbursements. Over the past five years, the patent cliff, an ongoing series of expiration dates for the patents on blockbuster drugs, has stimulated the volume of research and development work outsourced by generic pharmaceutical and biotechnology companies. Over the next five years, many pharmaceutical companies will continue to examine strategic goals and use management consultants to develop new objectives, focus their product pipeline on drugs that garner favorable reimbursement rates and provide advice on merger and acquisition activity.

This industry provides consulting to pharmaceutical companies, which includes the assessment of cost structures and client contracting processes. Firms ensure compliance and track performance. This can include the development and implementation of software for these purposes.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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