PHARMACEUTICAL LOGISTICS

Pharmaceutical logistics solutions

Pharmaceuticals: US$31.8 billion (24.9% of total exports)
Pharmaceuticals: US$25.8 billion (Up by 1.4% since 2009)

Although growth in the pharmaceutical industry has slowed significantly in Western Europe over the last two years, the output of medicines manufactured in Ireland soared, rising at a Compound Annual Growth Rate (CAGR) of 15% over 2008-2014.

Over-the-counter (OTC) medicines account for 16% of the total pharmaceutical market. Pharmacies account for 81% of the distribution network, hospitals and doctors account for 15%, while the remaining 4% comprises of supermarkets and other retail outlets.

Ireland is recognized as a world leader in the area of pharmaceutical manufacturing and is the seventh largest exporter of medicines.

There are 33 FDA approved pharmaceutical and biopharmaceutical plants in Ireland. Ireland is the largest net exporter of pharmaceuticals in the EU.

Approximately 120 overseas companies have plants in Ireland including 9 of the 10 largest pharmaceutical companies in the world.

Ireland is now the largest net exporter of pharmaceuticals in the EU accounting for over 50% of all exports from the country.
 

Enquire now about IRELAND EXPRESS solutions
00353 1 5715040 or email sales@irelandexpress.eu

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