Generic Pharmaceutical Manufacturing in Illinois - Industry Market Research Report

  • ID: 4578223
  • Report
  • Region: Illinois
  • 29 pages
  • IBISWorld
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Spoonful of sugar: Revenue will grow thanks to steady research and development funding

FEATURED COMPANIES

  • Abbott Laboratories
  • Baxter International
  • CSL Behring
  • Vetter Pharma
  • MORE

Generic Pharmaceutical Manufacturing in Illinois

The Generic Pharmaceutical Manufacturing industry in Illinois performed strongly over the past five years. The expiration of many blockbuster patent protections and continued investment in research and development from both public and private institutions resulted in healthy industry revenue growth. Moreover, this growth is expected to continue over the next five years. While the rapidly aging population, increasing prevalence of chronic illness and growing pressure from insurance companies to cut healthcare costs will benefit the industry, intensifying external and internal competition will pose a challenge for operators. More foreign enterprises are expected to participate in the state's innovative technology community, as significant investment in research and development opportunties lure them to Illinois to expand their presence in the United States.

Generic pharmaceutical and medicine manufacturers develop prescription and over-the-counter drug products that are used to prevent or treat illnesses in humans or animals. Generic drugs are produced and distributed without patent protection, and industry operators are not significantly engaged in the research and development of new drugs. The industry does not include manufacturers of nutritional supplements or cosmetic beauty products.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abbott Laboratories
  • Baxter International
  • CSL Behring
  • Vetter Pharma
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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  • Takeda Pharmaceuticals North America Inc.
  • Baxter International
  • Abbott Laboratories
  • CSL Behring
  • Vetter Pharma
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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