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United States (US) Pharmaceuticals Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 51 Pages
  • October 2023
  • Region: United States
  • MarketLine
  • ID: 5782017
Description Jump to:
Pharmaceuticals in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare.
  • The US pharmaceuticals market had total revenues of $408.0 billion in 2022, representing a compound annual growth rate (CAGR) of 4.1% between 2017 and 2022.
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  • According to in-house research, in 2022, the US accounted for 31.4% of the global pharmaceuticals market. The FDA regulates the pharmaceutical industry in the US, approving 12% of drugs submitted for clinical testing annually. The rigorous clinical trial process results in additional spending on research and development.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the pharmaceuticals market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pharmaceuticals market in the United States
  • Leading company profiles reveal details of key pharmaceuticals market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States pharmaceuticals market with five year forecasts

Reasons to Buy

  • What was the size of the United States pharmaceuticals market by value in 2022?
  • What will be the size of the United States pharmaceuticals market in 2027?
  • What factors are affecting the strength of competition in the United States pharmaceuticals market?
  • How has the market performed over the last five years?
  • Who are the top competitors in the United States's pharmaceuticals market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Market rivalry
1.5. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. What is the rationale behind recent M&A activity?
8 Company Profiles
8.1. Johnson & Johnson
8.2. Merck & Co., Inc.
8.3. Pfizer Inc.
8.4. AstraZeneca PLC
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: United States pharmaceuticals market value: $ billion, 2017-22
Table 2: United States pharmaceuticals market geography segmentation: $ billion, 2022
Table 3: United States pharmaceuticals market value forecast: $ billion, 2022-27
Table 4: Johnson & Johnson: key facts
Table 5: Johnson & Johnson: Annual Financial Ratios
Table 6: Johnson & Johnson: Key Employees
Table 7: Johnson & Johnson: Key Employees Continued
Table 8: Merck & Co., Inc.: key facts
Table 9: Merck & Co., Inc.: Annual Financial Ratios
Table 10: Merck & Co., Inc.: Key Employees
Table 11: Merck & Co., Inc.: Key Employees Continued
Table 12: Pfizer Inc.: key facts
Table 13: Pfizer Inc.: Annual Financial Ratios
Table 14: Pfizer Inc.: Key Employees
Table 15: Pfizer Inc.: Key Employees Continued
Table 16: AstraZeneca PLC: key facts
Table 17: AstraZeneca PLC: Annual Financial Ratios
Table 18: AstraZeneca PLC: Key Employees
Table 19: AstraZeneca PLC: Key Employees Continued
Table 20: United States size of population (million), 2018-22
Table 21: United States gdp (constant 2005 prices, $ billion), 2018-22
Table 22: United States gdp (current prices, $ billion), 2018-22
Table 23: United States inflation, 2018-22
Table 24: United States consumer price index (absolute), 2018-22
Table 25: United States exchange rate, 2018-22
List of Figures
Figure 1: United States pharmaceuticals market value: $ billion, 2017-22
Figure 2: United States pharmaceuticals market geography segmentation: % share, by value, 2022
Figure 3: United States pharmaceuticals market value forecast: $ billion, 2022-27
Figure 4: Forces driving competition in the pharmaceuticals market in the United States, 2022
Figure 5: Drivers of buyer power in the pharmaceuticals market in the United States, 2022
Figure 6: Drivers of supplier power in the pharmaceuticals market in the United States, 2022
Figure 7: Factors influencing the likelihood of new entrants in the pharmaceuticals market in the United States, 2022
Figure 8: Factors influencing the threat of substitutes in the pharmaceuticals market in the United States, 2022
Figure 9: Drivers of degree of rivalry in the pharmaceuticals market in the United States, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Johnson & Johnson
  • Merck & Co., Inc.
  • Pfizer Inc.
  • AstraZeneca PLC

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