X
(+91) 9176871440 / (+91) 9843702020 sales@edurx.co.in

Career Programs

pharm-d-career-Opportunity

Graduates of the Pharm.D. program are highly sought after by employers for a wide range of career opportunities. The following are some of the numerous and diverse career options available to Pharm.D. graduates:

  • Clinical Pharmacy Practice
  • Community Pharmacy
  • Geriatric Pharmacy
  • Home Health Care
  • Hospital Pharmacy
  • Pharmaceutical Industry

This is mostly due to the leading role of the U.S. pharmaceutical industry. It is predicted that North and South America, Europe and Japan will continue to account for a full 85% of the global pharmaceuticals market well into the 21st century.

The pharmaceutical industry is responsible for the development, production and marketing of medications. Thus, its immense importance as a global sector is evident. The total level of pharmaceutical revenue worldwide had reached nearly one trillion U.S. dollars. North America is responsible for the largest portion, generating more than 40% of these revenues.

Career Opportunities - USA

Pharmaceutical Market

The US pharmaceutical market is the world’s most important national market. Together with Canada and Mexico, it represents the largest continental pharma market worldwide. The United States alone holds some 40 percent of the global pharmaceutical market.

Global Value

In 2014, this share was valued around 365 million U.S. dollars. Many of the global top companies are located in the United States. In 2014, six out of the top eleven companies were U.S.-based.

Compound Annual Growth

The US pharmaceutical market is forecast to increase from an estimated value of $395.2 billion in 2014 to reach $548.4 billion by 2020, representing a Compound Annual Growth Rate (CAGR) of 5.6%, according to research and consulting firm Global Data.

Career Opportunities - INDIA

Pharmaceutical Market in Terms

Globally, India ranks 3rd in the pharmaceutical market in terms of volume and 14th in terms of value. According to Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, the total turnover of India’s pharmaceuticals industry between 2008 and September 2009 was US$21.04 billion.

Indian Pharma Industry

The number of purely Indian pharma companies is fairly low. Indian pharma industry is mainly operated as well as controlled by dominant foreign companies having subsidiaries in India due to availability of cheap labor in India at lowest cost. Home-grown pharmaceuticals, like many other businesses in India, are often a mix of public and private enterprise.

Innovatively Engineered

In terms of the global market, India currently holds a modest 1–2% share, but it has been growing at approximately 10% per year. India gained its foothold on the global scene with its innovatively engineered generic drugs and active pharmaceutical ingredients (API), and it is now seeking to become a major player in outsourced clinical research as well as contract manufacturing and research.

WordPress Lightbox