Pharmaceuticals
Industry challenges
The global pharmaceutical industry faces multiple complex challenges including:
- Pharmaceutical firms are faced with the constant need to innovate
- Significant and increasing cost pressure from providers and payers
- Operating in a continuously globalized pharmaceuticals market requires solutions tailored to regional healthcare requirements and a high intercultural understanding
- The pharmaceuticals industry continues to face long new product development cycles and the associated risks command some of the most favorable industry margins
- Disruptive new technologies, stronger consumer focus, and digitization are constantly creating new opportunities for pharmaceutical companies in a more value-facing healthcare sector