Article | December 12, 2022

Where Is Pharmaceutical Manufacturing Headed In 2023?

Source: Apprentice

By Kelly Stewart

Positive Graph GettyImages-539953664

The pharmaceutical industry is ripe with growth, registering a compound annual growth rate (CAGR) of 9.1% from 2021 to 2022. Although revenues are on the rise, reaching $1.42 trillion in 2021, various challenges currently plague the industry. From historically high inflation to supply chain issues, the looming economic crisis, and shifting consumer preferences, it’s more important now than ever for life science organizations to adapt.

Explore a snapshot review of 2022 along with the 10 disruptive trends impacting the pharmaceutical industry in 2023. Powered by these insights, life science professionals can stay ahead of the curve and prepare for a successful 2023 and beyond.

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