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Global Pharmaceutical Survey 2012-2013: Market Trends, Buyer Spend and Procurement Strategies in the Global Pharmaceutical Industry
Date:5/15/2012

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What makes this report unique and essential to read?

"Global Pharmaceutical Survey 2012–2013: Market Trends, Buyer Spend and Procurement Strategies in the Global Pharmaceutical Industry" is a new report by ICD Research that analyzes how pharmaceutical industry companies' procurement expenditure, business strategies and practices are set to change in 2012–2013. This report gives you access to the category-level spending outlooks, budgets, supplier selection criteria, business challenges and investment opportunities of leading purchase decision makers. The report also identifies future growth of buyers and suppliers, M&A and e-procurement. This report not only grants access to the opinions and strategies of business decision makers and competitors, but also examines their actions surrounding business priorities. The report also provides access to information categorized by region, company type and sizes.

 

Key Highlights

 

More optimism in industry

Throughout the global pharmaceutical industry, 47% of respondents are 'more optimistic' about revenue growth for their company over the next 12 months relative to the previous 12 months. A further 28% of respondents are 'neutral' about revenue growth as compared with 23% who are 'less optimistic' about their company's revenue prospects.

 

Rethinking growth prospects

Growing economic concerns in the later part of 2011 in Europe and North America motivated organizations to rethink about their growth prospects for 2012. According to a World Bank projection in January 2012, world economic growth will be truncated to 2.5% in 2012 and 3.1% in 2013, as compared with a projection of 3.6% in June 2011, following the financial turmoil in Europe and weak growth prospects in emerging nations.

 

China, India and Brazil to enjoy leading growth rates

It is anticipated that emerging markets such as China
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