Question

What is the recent outlook of the Pharmaceuticals and Biotechnology industry in the U.S? And what are the possible prices for products in the upcoming future?

Please provide the source, thank you!

Answer 1

Pharmaceutical and Biotechnology industry of United States of America is being affected by new innovations and new development in better Technologies for Medicare systems. This type of approach is definitely help in American market to grow better at the Global scale and to provide better economic response for the same industry. Product pricing is highly affected by different patents and availability of raw materials for making medicines and development of new biotechnical products. 3D printing has enabled these specific fragments to grow prominently and to provide better support to the overall Health Care facilities structure of The United States of America.
In upcoming years, prices of the Medicare and medical equipments are definitely going to be high as available resources are reducing . Advancement in a technological provision of different factors regarding development of biotechnical as well as other medical equipments is definitely helping America to reduce the overall price but prices involved in manufacturing of medicines which include raw material are definitely going to be high in upcoming future.

Overall Health Care provision and different services are going to be expensive as total population is also growing and it is hard to provide Healthcare services to each and every person at a marginal cost.

https://www.forbes.com/sites/glennllopis/2016/10/31/the-biggest-issues-for-the-future-of-healthcare-in-america-and-what-we-can-learn-from-them-part-i/