Abstract
This Health Industry Insights report provides an overview of current IT
outsourcing trends in the commercial (sales, marketing, manufacturing, supply
chain) pharmaceutical market. Questions answered within this document include:
- How significant of a role does IT outsourcing play in the commercial pharmaceutical market?
- How large is the IT outsourcing market, and how quickly is it growing?
- What are the primary reasons pharmas outsource IT?
- Which IT areas in sales, marketing, manufacturing, and supply chain are currently being outsourced, and which are poised for growth?
- What are the most vital decision criteria pharmas use to choose outsourcing providers?
Eric Newmark, a senior research analyst with Health Industry Insights, believes
that " Pressure for life science companies to reduce costs has risen
significantly over the last five years. The industry has been hit by a double
edge sword, as drug patents expire and product pipelines need bolstering, and
generic companies continue to encroach on branded pharmaceutical companies'
market share. These issues, coupled with a sense of urgency to protect gross
margins, have driven pharmaceutical companies to examine IT outsourcing and
offshoring with increased interest. During 2008, 22.5% of life science
companies plan to increase IT outsourcing and we expect the market to continue
experiencing health growth for the next 2 to 3 years."
Table of Contents
- Table of Contents
- Health Industry Insights Opinion
- In This Report
- Methodology
- Definitions For Categories Used In The Report
- Situation Overview
- Background
- Figure: Top Reasons for IT Outsourcing
- IT Outsourcing: Market Size and Growth Rates
- Figure: U.S. Pharmaceutical IT Services Spend by Segment, 2005-2010
- Figure: U.S. Pharmaceutical IT Spend Growth by Segment, 2006-2010
- IT Outsourcing: Functional Areas
- Figure: U.S. Pharmaceutical IT Services Spend by Function Area, 2006-2011
- Figure: U.S. ADM Spend by Functional Area, 2006-2011
- Sales and Marketing
- Figure: Sales & Marketing IT Outsourcing Expectations
- Figure: Sales & Marketing IT Outsourcing Vendor Use
- Manufacturing & Supply Chain
- Figure: Manufacturing & Supply Chain IT Outsourcing Expectations
- Figure: Manufacturing & Supply Chain IT Outsourcing Vendor Use
- Future Outlook
- Essential Guidance
- Learn More
- Related Research
- Synopsis
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