Industry Analysis & Industry Trends
The industry has undergone considerable change over the past five years, with participants facing many challenges. One key development has been the move away from the traditional wholesale model. An increasing number of upstream manufacturers have adopted new distribution models that involve just one or a very limited number of wholesalers in the distribution of their branded pharmaceuticals. Moves to rationalise the use of wholesalers represent a fundamental change in the industry. Operators also had to contend with continued structural changes taking place within key market segments, which are a result of the partial deregulation of community pharmacies that came into effect in 2005... purchase to read more
Industry Report - Industry Products Chapter
The industry plays an integral role in the nation's pharmaceutical and health-care sectors. At a basic level it is involved in the distribution of a wide range of pharmaceutical products, from NHS prescription products and OTC products to thousands of medical devices such as dressings, sutures and X-ray equipment.
Prescription medicines are the main products sold by the industry and account an estimated 59% of industry revenue in 2016-17, which is the largest share of revenue. A key driver for this segment is the NHS, which lies at the heart of Britain's health-care system The NHS spent £109.7 billion in 2013-14 and prescribed over 1.2 million units of medicine in the same year. Of .. purchase to read more