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Generic Pharmaceutical Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Generic Pharmaceutical Manufacturing in Canada Market Research Report | NAICS 32541bCA | Jan 2016

Road to recovery: A new wave of patent expirations is expected to spur industry demand

The Generic Pharmaceutical Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
2.3%
Annual Growth 16-21
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Profit
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Employment
7,908
Businesses
126
Industry Analysis & Industry Trends

After experiencing low export demand and severe pricing pressures over the past five years, the Generic Pharmaceutical Manufacturing industry has significant opportunities to grow in the five years to 2020. A new wave of patent expirations and the growing market for biosimilars are expected to spur demand for new industry products. The industry will likely expand to meet this demand, with new companies increasingly attracted to the industry's new markets and growing profit margins. However, research and development (R&D) costs will continue to limit profit growth and the threat of further provincial reimbursement cuts for generic pharmaceuticals remains high... purchase to read more

Industry Report - Starting a New Business Chapter

The Generic Pharmaceutical Manufacturing industry in Canada has moderate barriers to entry. Both brand-name and generic pharmaceutical companies have generally maintained high profit levels in recent years, indicating that high barriers are keeping new producers from entering to take advantage of relatively easy-to-earn margins. Although generic producers lack the patent protection that brand name manufacturers benefit from, industry operators are protected from overwhelming entry into the market by new operators due to the significant upfront capital and labour requirements of pharmaceutical manufacturing... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Generic Pharmaceutical Manufacturing Industry?

This industry develops 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.

Industry Products
Antineoplastic and immunomodulating agentsCardiovascular system therapiesNervous system therapiesAlimentary tract and metabolic therapiesRespiratory system therapiesOther therapies
 
Industry Activities
Gaining regulatory approval for generic drugsDeveloping and producing generic drugsMarketing and distributing generic drugs


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