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REPORT SCOPE & OVERVIEW

In 2022, The Prescription Drugs Market size amounted to USD 1156.57 Billion & is estimated to reach USD 2254.28 Billion by 2030 and increase at a compound annual growth rate of 8.7% between 2023 and 2030.

The Prescription Drugs Market refers to the global pharmaceutical industry's segment that focuses on the development, manufacturing, marketing, and distribution of prescription medications. Prescription drugs, also known as prescription or prescription-only medicines, can only be obtained with a valid prescription from a licensed healthcare provider, such as a doctor or a nurse practitioner. The prescription drug market encompasses a wide range of therapeutic areas and medications designed to treat various medical conditions. These medications undergo rigorous research, clinical trials, and regulatory approval processes to ensure their safety and efficacy before they are made available to patients. Research and Development (R&D) is pharmaceutical companies invest heavily in research to discover and develop new drugs. This involves identifying potential drug candidates, conducting preclinical studies, and running clinical trials to test the safety and effectiveness of the medications. Regulatory Approval is Before a prescription drug can be marketed and sold; it must receive approval from regulatory agencies such as the U.S.

Prescription Drugs Market Revenue Analysis

These agencies evaluate the scientific data from clinical trials to ensure the drug's benefits outweigh its risks. Manufacturing is Once a prescription drug receives regulatory approval, pharmaceutical companies engage in large-scale manufacturing to produce the medication in quantities that can meet demand while maintaining quality and consistency. Marketing and Distribution Prescription drugs are marketed to healthcare professionals who can prescribe them, such as doctors, specialists, and other licensed practitioners. Pharmaceutical companies engage in marketing efforts to educate healthcare providers about the drug's benefits, usage, and potential side effects. Distribution involves getting the medications to pharmacies, hospitals, and other healthcare facilities. Sales and Profitability The prescription drugs market is a significant contributor to the revenue and profitability of pharmaceutical companies. Patents and exclusivity periods granted for new drugs allow companies to have a period of market exclusivity during which they can recoup their research and development costs and generate profits. Generic Competition is Once the patents on a brand-name prescription drug expire, other pharmaceutical companies can produce and market generic versions of the medication. Generic drugs are usually more affordable alternatives to their brand-name counterparts and can significantly impact the market dynamics. Healthcare and Patient Access Prescription drugs play a crucial role in managing and treating various medical conditions, improving patient outcomes, and enhancing the overall quality of healthcare. However, issues related to drug pricing, accessibility, and affordability can be significant concerns, leading to discussions about healthcare policy, insurance coverage, and drug pricing regulations. The Prescription Drugs Market is a complex and dynamic sector that intertwines scientific advancements, regulatory oversight, healthcare provider involvement, and patient needs. It is influenced by evolving medical research, economic factors, changing demographics, and advancements in technology.

MARKET DYNAMICS

DRIVERS:

  • Advances in medical research and technology lead to the discovery of new drug candidates and treatment approaches.

  • Consumer and Physician Awareness is the driver of the Prescription Drugs Market.

Awareness and education about available treatment options influence prescription patterns. Effective marketing campaigns and physician education efforts by pharmaceutical companies can impact the adoption of new medications.

RESTRAIN:

  • The pricing of certain prescription drugs, especially for innovative and specialty medications, can be prohibitively high.

  • The prescription drugs market is being held back by intellectual property challenges.

Patent protections granted to pharmaceutical companies can create barriers to generic competition. While patents incentivize innovation, they can also lead to extended periods of market exclusivity, delaying the availability of more affordable generic alternatives.

OPPORTUNITY:

  • Pharmaceutical companies are increasingly focusing on rare diseases that have limited treatment options.

  • Biotechnology and Biosimilars is the opportunity for the Prescription Drugs Market.

The development of biosimilars, which are similar to biologic drugs, presents opportunities for cost savings and increased patient access to biologic therapies.

CHALLENGES:

  • Developing a new prescription drug involves substantial financial investments in research and clinical trials.

  • Drug Pricing and Affordability are the challenges of the Prescription Drugs Market.

Pricing prescription drugs, especially for specialty medications and innovative therapies, can lead to affordability issues for patients and healthcare systems.

IMPACT OF RUSSIAN UKRAINE WAR

Russia's situation differs from that of Ukraine. Although direct restrictions on pharmaceuticals are unlikely to be imposed in the near future, be extremely harmful to Russia's access to healthcare and medications. Suppliers to the Russian Pharmaceutical Manufacturers Association have already begun to hinder the flow of pharmaceutical raw materials to Russian facilities, making further supply contracts very hard to obtain. The Russia-Ukraine conflict could last until 2024. The consequences of this conflict will continue to stymie efforts to increase access to medications in Ukraine, particularly given the country's weak currency, which makes imports more expensive. Due to this war between Ukraine and Russia, there has been a big decline in the prescription drugs market all over Europe, due to this war, the supply of raw materials is taking a long time, as a result of which this market has decreased by 2.4-4.3%. is expected to cause damage.

IMPACT OF ONGOING RECESSION

According to the findings of a recent poll conducted by the independent Centre for Studying Health System Change in Washington, DC, the economic downturn had no impact on the capacity of US residents to get prescription medications. In the United States, health insurance is primarily supplied via employment. As the number of uninsured individuals increased by more than 22%, from 76.2 million in 2019 to 93.5 million in 2021, it was assumed that the proportion of people having problems paying for prescription medications would increase. In an ongoing recession, the prescription drugs market is more profitable by up to 3.2-4.5% in this period.

KEY MARKET SEGMENTS

By Product Type

  • Prescription Drugs

  • Orphan

  • Generics

By Therapy

  • Immunosuppressants

  • Oncology

  • Sensory Organs

  • Vaccines

  • Anticoagulants

  • Anti-diabetics

  • Others

By Distribution Channel

  • Retail Pharmacies & Drug Stores

  • Hospital Pharmacies

  • Online Pharmacies

Prescription Drugs Market Segmentation Analysis

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSIS

North America: In North America, the market size was Some of the major factors for North America's dominance in the worldwide market include the region's rising need for efficient and innovative goods, particularly due to the high incidence of many chronic conditions. These characteristics, together with high healthcare expenditure, strong and vigorous R&D for medications in the region, and the existence of important corporations in the region involved in the production of generic counterparts of key drugs, account for the region's leading share of the worldwide market.

Asia Pacific: During the projection period, Asia-Pacific is expected to have a slightly higher CAGR. The market is expected to be driven by new product releases in the area and rising demand for prescription pharmaceuticals. The presence of a large prospective patient population, as well as greater awareness of chronic and severe ailments among individuals, are expected to fuel market expansion in Asia Pacific over the forecast period.

Key players

Some major key players in Prescription Drugs Market are Novartis AG, F. Hoffmann-La Roche Ltd, Pfizer, Inc., Johnson & Johnson Services, Inc. Sanofi, AbbVie, Inc., AstraZeneca, Merck & Co., Inc., GlaxoSmithKline pic., CELGENE CORPORATION and other players.

Novartis AG​​​​​​​-Company Financial Analysis

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RECENT DEVELOPMENT

In 2021: Lupin Pharmaceuticals, Inc. announced the introduction of Mycophenolic acid delayed-release tablets in the United States for the prevention of organ rejection in kidney transplant patients.

In 2021: Dr Reddy's Laboratories Ltd. announced the availability of the generic counterpart of Geodon (Ziprasidone Mesylate) injectable, a medication used in the treatment of schizophrenia in the United States.

In 2020: In the United States, Dr Reddy's Laboratories Ltd. announced the availability of the generic form of Vimovo (naproxen and esomeprazole magnesium), a medicine used to treat inflammation.

Prescription Drugs Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 1156.57 Bn
Market Size by 2030  US$ 2254.28 Bn
CAGR   CAGR of 8.7 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product Type (Prescription Drugs, Orphan, Generics)
• By Therapy (Immunosuppressants, Oncology, Sensory Organs, Vaccines, Anticoagulants, Anti-diabetics, Others)
• By Distribution Channel (Retail Pharmacies & Drug Stores, Hospital Pharmacies, Online Pharmacies)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Novartis AG, F. Hoffmann-La Roche Ltd, Pfizer, Inc., Johnson & Johnson Services, Inc. Sanofi, AbbVie, Inc., AstraZeneca, Merck & Co., Inc., GlaxoSmithKline pic., CELGENE CORPORATION 
Key Drivers • Advances in medical research and technology lead to the discovery of new drug candidates and treatment approaches.
• Consumer and Physician Awareness is the driver of the Prescription Drugs Market.
Market Restraints • The pricing of certain prescription drugs, especially for innovative and specialty medications, can be prohibitively high.
• The prescription drugs market is being held back by intellectual property challenges.

 

Frequently Asked Questions

Ans. The Compound Annual Growth rate for Prescription Drugs Market over the forecast period is 8.7%.

Ans. USD 2254.28 billion is the projected Prescription Drugs market size of the market by 2030.

Ans. Novartis AG and Pfizer, Inc. are the worldwide market leaders.

Ans. North America will have the greatest market share in the Prescription Drugs Market by 2023.

Ans. During the projected period, the other prescription medications category is likely to be the market leader.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Prescription Drugs Market Segmentation, By Product Type
8.1 Prescription Drugs
8.2 Orphan
8.3 Generics

9. Prescription Drugs Market Segmentation, By Therapy
9.1 Immunosuppressants
9.2 Oncology
9.3 Sensory Organs
9.4 Vaccines
9.5 Anticoagulants
9.6 Anti-diabetics
9.7 Others

10. Prescription Drugs Market Segmentation, By Distribution Channel
10.1 Retail Pharmacies & Drug Stores
10.2 Hospital Pharmacies
10.3 Online Pharmacies

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Prescription Drugs Market by Country
11.2.2 North America Prescription Drugs Market by Product Type
11.2.3 North America Prescription Drugs Market by Therapy
11.2.4 North America Prescription Drugs Market by Distribution Channel
11.2.5 USA
11.2.5.1 USA Prescription Drugs Market by Product Type
11.2.5.2 USA Prescription Drugs Market by Therapy
11.2.5.3 USA Prescription Drugs Market by Distribution Channel
11.2.6 Canada
11.2.6.1 Canada Prescription Drugs Market by Product Type
11.2.6.2 Canada Prescription Drugs Market by Therapy
11.2.6.3 Canada Prescription Drugs Market by Distribution Channel
11.2.7 Mexico
11.2.7.1 Mexico Prescription Drugs Market by Product Type
11.2.7.2 Mexico Prescription Drugs Market by Therapy
11.2.7.3 Mexico Prescription Drugs Market by Distribution Channel
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Prescription Drugs Market by Country
11.3.1.2 Eastern Europe Prescription Drugs Market by Product Type
11.3.1.3 Eastern Europe Prescription Drugs Market by Therapy
11.3.1.4 Eastern Europe Prescription Drugs Market by Distribution Channel
11.3.1.5 Poland
11.3.1.5.1 Poland Prescription Drugs Market by Product Type
11.3.1.5.2 Poland Prescription Drugs Market by Therapy
11.3.1.5.3 Poland Prescription Drugs Market by Distribution Channel
11.3.1.6 Romania
11.3.1.6.1 Romania Prescription Drugs Market by Product Type
11.3.1.6.2 Romania Prescription Drugs Market by Therapy
11.3.1.6.4 Romania Prescription Drugs Market by Distribution Channel
11.3.1.7 Turkey
11.3.1.7.1 Turkey Prescription Drugs Market by Product Type
11.3.1.7.2 Turkey Prescription Drugs Market by Therapy
11.3.1.7.3 Turkey Prescription Drugs Market by Distribution Channel
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Prescription Drugs Market by Product Type
11.3.1.8.2 Rest of Eastern Europe Prescription Drugs Market by Therapy
11.3.1.8.3 Rest of Eastern Europe Prescription Drugs Market by Distribution Channel
11.3.2 Western Europe
11.3.2.1 Western Europe Prescription Drugs Market by Country
11.3.2.2 Western Europe Prescription Drugs Market by Product Type
11.3.2.3 Western Europe Prescription Drugs Market by Therapy
11.3.2.4 Western Europe Prescription Drugs Market by Distribution Channel
11.3.2.5 Germany
11.3.2.5.1 Germany Prescription Drugs Market by Product Type
11.3.2.5.2 Germany Prescription Drugs Market by Therapy
11.3.2.5.3 Germany Prescription Drugs Market by Distribution Channel
11.3.2.6 France
11.3.2.6.1 France Prescription Drugs Market by Product Type
11.3.2.6.2 France Prescription Drugs Market by Therapy
11.3.2.6.3 France Prescription Drugs Market by Distribution Channel
11.3.2.7 UK
11.3.2.7.1 UK Prescription Drugs Market by Product Type
11.3.2.7.2 UK Prescription Drugs Market by Therapy
11.3.2.7.3 UK Prescription Drugs Market by Distribution Channel
11.3.2.8 Italy
11.3.2.8.1 Italy Prescription Drugs Market by Product Type
11.3.2.8.2 Italy Prescription Drugs Market by Therapy
11.3.2.8.3 Italy Prescription Drugs Market by Distribution Channel
11.3.2.9 Spain
11.3.2.9.1 Spain Prescription Drugs Market by Product Type
11.3.2.9.2 Spain Prescription Drugs Market by Therapy
11.3.2.9.3 Spain Prescription Drugs Market by Distribution Channel
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Prescription Drugs Market by Product Type
11.3.2.10.2 Netherlands Prescription Drugs Market by Therapy
11.3.2.10.3 Netherlands Prescription Drugs Market by Distribution Channel
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Prescription Drugs Market by Product Type
11.3.2.11.2 Switzerland Prescription Drugs Market by Therapy
11.3.2.11.3 Switzerland Prescription Drugs Market by Distribution Channel
11.3.2.1.12 Austria
11.3.2.12.1 Austria Prescription Drugs Market by Product Type
11.3.2.12.2 Austria Prescription Drugs Market by Therapy
11.3.2.12.3 Austria Prescription Drugs Market by Distribution Channel
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Prescription Drugs Market by Product Type
11.3.2.13.2 Rest of Western Europe Prescription Drugs Market by Therapy
11.3.2.13.3 Rest of Western Europe Prescription Drugs Market by Distribution Channel
11.4 Asia-Pacific
11.4.1 Asia-Pacific Prescription Drugs Market by Country
11.4.2 Asia-Pacific Prescription Drugs Market by Product Type
11.4.3 Asia-Pacific Prescription Drugs Market by Therapy
11.4.4 Asia-Pacific Prescription Drugs Market by Distribution Channel
11.4.5 China
11.4.5.1 China Prescription Drugs Market by Product Type
11.4.5.2 China Prescription Drugs Market by Distribution Channel
11.4.5.3 China Prescription Drugs Market by Therapy
11.4.6 India
11.4.6.1 India Prescription Drugs Market by Product Type
11.4.6.2 India Prescription Drugs Market by Therapy
11.4.6.3 India Prescription Drugs Market by Distribution Channel
11.4.7 japan
11.4.7.1 Japan Prescription Drugs Market by Product Type
11.4.7.2 Japan Prescription Drugs Market by Therapy
11.4.7.3 Japan Prescription Drugs Market by Distribution Channel
11.4.8 South Korea
11.4.8.1 South Korea Prescription Drugs Market by Product Type
11.4.8.2 South Korea Prescription Drugs Market by Therapy
11.4.8.3 South Korea Prescription Drugs Market by Distribution Channel
11.4.9 Vietnam
11.4.9.1 Vietnam Prescription Drugs Market by Product Type
11.4.9.2 Vietnam Prescription Drugs Market by Therapy
11.4.9.3 Vietnam Prescription Drugs Market by Distribution Channel
11.4.10 Singapore
11.4.10.1 Singapore Prescription Drugs Market by Product Type
11.4.10.2 Singapore Prescription Drugs Market by Therapy
11.4.10.3 Singapore Prescription Drugs Market by Distribution Channel
11.4.11 Australia
11.4.11.1 Australia Prescription Drugs Market by Product Type
11.4.11.2 Australia Prescription Drugs Market by Therapy
11.4.11.3 Australia Prescription Drugs Market by Distribution Channel
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Prescription Drugs Market by Product Type
11.4.12.2 Rest of Asia-Pacific Prescription Drugs Market by Therapy
11.4.12.3 Rest of Asia-Pacific Prescription Drugs Market by Distribution Channel
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Prescription Drugs Market by Country
11.5.1.2 Middle East Prescription Drugs Market by Product Type
11.5.1.3 Middle East Prescription Drugs Market by Therapy
11.5.1.4 Middle East Prescription Drugs Market by Distribution Channel
11.5.1.5 UAE
11.5.1.5.1 UAE Prescription Drugs Market by Product Type
11.5.1.5.2 UAE Prescription Drugs Market by Therapy
11.5.1.5.3 UAE Prescription Drugs Market by Distribution Channel
11.5.1.6 Egypt
11.5.1.6.1 Egypt Prescription Drugs Market by Product Type
11.5.1.6.2 Egypt Prescription Drugs Market by Therapy
11.5.1.6.3 Egypt Prescription Drugs Market by Distribution Channel
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Prescription Drugs Market by Product Type
11.5.1.7.2 Saudi Arabia Prescription Drugs Market by Therapy
11.5.1.7.3 Saudi Arabia Prescription Drugs Market by Distribution Channel
11.5.1.8 Qatar
11.5.1.8.1 Qatar Prescription Drugs Market by Product Type
11.5.1.8.2 Qatar Prescription Drugs Market by Therapy
11.5.1.8.3 Qatar Prescription Drugs Market by Distribution Channel
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Prescription Drugs Market by Product Type
11.5.1.9.2 Rest of Middle East Prescription Drugs Market by Therapy
11.5.1.9.3 Rest of Middle East Prescription Drugs Market by Distribution Channel
11.5.2 Africa
11.5.2.1 Africa Prescription Drugs Market by Country
11.5.2.2 Africa Prescription Drugs Market by Product Type
11.5.2.3 Africa Prescription Drugs Market by Therapy
11.5.2.4 Africa Prescription Drugs Market by Distribution Channel
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Prescription Drugs Market by Product Type
11.5.2.5.2 Nigeria Prescription Drugs Market by Therapy
11.5.2.5.3 Nigeria Prescription Drugs Market by Distribution Channel
11.5.2.6 South Africa
11.5.2.6.1 South Africa Prescription Drugs Market by Product Type
11.5.2.6.2 South Africa Prescription Drugs Market by Therapy
11.5.2.6.3 South Africa Prescription Drugs Market by Distribution Channel
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Prescription Drugs Market by Product Type
11.5.2.7.2 Rest of Africa Prescription Drugs Market by Therapy
11.5.2.7.3 Rest of Africa Prescription Drugs Market by Distribution Channel
11.6 Latin America
11.6.1 Latin America Prescription Drugs Market by Country
11.6.2 Latin America Prescription Drugs Market by Product Type
11.6.3 Latin America Prescription Drugs Market by Therapy
11.6.4 Latin America Prescription Drugs Market by Distribution Channel
11.6.5 Brazil
11.6.5.1 Brazil America Prescription Drugs Market by Product Type
11.6.5.2 Brazil America Prescription Drugs Market by Therapy
11.6.5.3 Brazil America Prescription Drugs Market by Distribution Channel
11.6.6 Argentina
11.6.6.1 Argentina America Prescription Drugs Market by Product Type
11.6.6.2 Argentina America Prescription Drugs Market by Therapy
11.6.6.3 Argentina America Prescription Drugs Market by Distribution Channel
11.6.7 Colombia
11.6.7.1 Colombia America Prescription Drugs Market by Product Type
11.6.7.2 Colombia America Prescription Drugs Market by Therapy
11.6.7.3 Colombia America Prescription Drugs Market by Distribution Channel
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Prescription Drugs Market by Product Type
11.6.8.2 Rest of Latin America Prescription Drugs Market by Therapy
11.6.8.3 Rest of Latin America Prescription Drugs Market by Distribution Channel

12 Company profile
12.1 Novartis AG
12.1.1 Company Overview
12.1.2 Financials
12.1.3 Product/Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 F. Hoffmann-La Roche Ltd
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Pfizer, Inc
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Johnson & Johnson Services, Inc
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Sanofi
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 AbbVie, Inc.
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 AstraZeneca
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Merck & Co., Inc.
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 GlaxoSmithKline pic.
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 CELGENE CORPORATION
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

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Primary Research

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Data Bank Validation

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