How Many Jobs Are Available In Major Pharmaceuticals?

There are numerous positions available in large pharmaceutical companies, ranging from marketing to drug research and development. So, how many jobs are available in major pharmaceuticals?

Pharmaceuticals, which are in charge of the manufacture and distribution of medicines and medical equipment, make up a sizeable portion of the healthcare sector.

Pharmaceuticals are one of the most lucrative industries in the world due to the continuously rising need for medications, medical equipment, and treatments.

Overview Of The Pharmaceuticals Industry

For many years, the pharmaceutical sector has played a significant role in the world economy. In 2021, the industry generated roughly 1.42 trillion dollars in annual sales, ranking it among the richest global sectors.

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To help people improve their health and well-being, pharmaceutical companies do research and create novel drugs, treatments, and medical equipment.

Due to the expanding global population, it is anticipated that there will be a rise in the need for pharmaceutical products.

As a result, there will be more openings at big pharmaceutical companies, particularly in production, sales, and marketing, as well as in research and development.

Big Pharmaceutical Industry Jobs

Major pharmaceutical companies are hiring for a variety of positions. Sales agents, pharmacists, and research and development scientists hold the most prevalent jobs.

However, the U.S. Bureau of Labor Statistics predicts that between 2018 and 2028, the manufacturing of pharmaceuticals and medicines will gain around 22,700 jobs.

The aging population and rising need for prescription pharmaceuticals are anticipated to be the main drivers of this growth.

There should therefore be many opportunities in the pharmaceutical industry for anyone who is interested in a career in that field in the years to come.

If you want to know the answer to the question "how many jobs are available in major pharmaceuticals", keep reading:

Pharmacist

• Jobs available: 323,500.
• Average annual pay: $128,570.

A pharmacist is a member of the medical community who dispenses medication and offers usage recommendations. Every healthcare team needs a pharmacist because they oversee the safe and efficient use of medications.

A pharmacist needs both a state-issued license and a bachelor's degree in pharmacy. In the United States, there will be 7,700 job openings between 2021 and 2031 because of the 2% job forecast.

Pharmacologist

• Job openings: 116,800.
• Average annual salary: $101,437.

A pharmacologist is a scientist who focuses on the effects of medications on the body as well as how they are absorbed and decomposed. Pharmacologists conduct experiments to ascertain a drug's effectiveness, potential side effects, and recommended dosage.

A pharmacologist must hold a pharmacology degree. Between 2021 and 2031, there will be 10,600 new job openings nationwide, according to the job outlook.

Pharmacoepidemiologist

• Jobs available: 8,600.
• Average annual pay: $78,830.

Pharmacoepidemiologists research the effects of drug usage on sizable populations. They look at how diseases spread and how pharmaceuticals can be used to cure them.

A master's degree in epidemiology and previous research experience in a lab setting are prerequisites for becoming a pharmacoepidemiologist.

Between 2021 and 2031, there will be 2,200 new job openings across the United States, according to the 26% job forecast.

Pharmacometrician

• Jobs available: 7,700.
• Average yearly salary: $152,000.

A researcher who performs statistical analyses and examines pharmaceutical data is known as a pharmacometrician. In order to direct research and product development, they assist in identifying patterns and trends in the data.

A Ph.D. in pharmacokinetics and prior experience in the analysis of pharmaceutical data are prerequisites for pharmacometricians. According to the employment projection, which is 28%, there will be 2,200 job openings nationwide between 2021 and 2031.

Research And Development Scientist

• Jobs available: 93,013
• Average annual pay: $90,278

In order to conduct research and produce novel medications, research and development scientists operate in pharmaceutical laboratories. To test new medications and keep an eye on side effects, they could work closely with patients.

A research and development scientist needs a degree in pharmaceutical or biomedical sciences, as well as previous experience carrying out experiments in a lab.

Between 2021 and 2031, there will be 7,500 new job openings across the United States, according to the 8% job outlook.

Clinical Research Scientist

• Jobs available: 10,453.
• Average annual salary: $99,160.

An individual in the medical field who studies the efficacy and security of novel medications is known as a clinical research scientist. To ascertain whether medications are safe for general use and how they impact patients, researchers conduct tests on human subjects.

Clinical research scientists must have a degree in biology or a closely related subject and laboratory research experience. Between 2021 and 2031, there will be 700 new job openings nationwide, according to the job outlook.

Project Manager

• Jobs available: 781,400
• Average annual salary: $94,500.

The management team member who is in charge of overseeing a company's projects is known as a project manager. To ensure the timely and accurate completion of projects, they are in charge of planning, organizing, and leading the project staff.

A project manager needs expertise in a managerial position in addition to a bachelor's degree in business management or a comparable discipline. Between 2021 and 2031, the 8% job growth rate will provide 56,300 new work opportunities in the United States.

Drug Safety Scientist

• Jobs available: 16,395
• Average annual pay: $108,766

A scientist who studies pharmaceutical goods and their components is known as a drug safety scientist. They are in charge of evaluating the efficacy and safety of medications and medical equipment.

A drug safety scientist needs a degree in biomedical or pharmaceutical sciences as well as previous experience carrying out research in a lab.

To be successful in their work, drug safety scientists need to have a solid grasp of chemistry and biology. Between 2021 and 2031, there will be 1,400 new job openings nationwide, according to the job outlook.

Quality Control Specialist

• Available jobs: 12,000
• Average Annual Wage: $46,974

A healthcare expert who verifies that pharmaceutical items are suitable for use by the general population is a quality control specialist.

To ensure that pharmaceuticals, treatments, and medical equipment are effective and error-free, they run tests and trials on them.

A quality control specialist needs to have experience in the area and a bachelor's degree in chemistry or a closely connected field. The United States will have 1,200 new job possibilities thanks to a 1% increase in employment between 2021 and 2031.

Medical Writer

• Jobs available: 50,300.
• Average annual salary: $93,842.

A healthcare expert who publishes articles and reports about pharmaceutical items is known as a medical writer. They compile research and offer it in a straightforward manner for the general population.

A bachelor's degree in biomedical sciences or a closely related discipline is required for medical writers, as well as prior expertise in the field. Between 2021 and 2031, there will be 4,700 new job openings nationwide, according to the job outlook.

People Also Ask

Which Jobs Are Best In Pharmaceutical Industry?

• Drug manufacturer.
• Research scientist.
• Pharmacy manager.
• Biotechnology consultant.
• Biostatistician.
• Pharmaceutical sales representative.
• Clinical data manager.
• Pharmaceutical outside sales representative.

What Are The Highest Paying Jobs In Pharmaceutical Industry?

• Formulation Scientist - Average Annual Salary: $83,000.
• Pharmacology Professor - Average Annual Salary: $94,000.
• Drug Safety Scientist - Average Annual Salary: $101,000.
• Research Scientist - Average Annual Salary: $84,000.

What Is The Demand For Pharmaceuticals?

At a compound annual growth rate (CAGR) of 9.6%, the size of the worldwide pharmaceutical logistics market is anticipated to increase from $89.66 billion in 2021 to $98.31 billion in 2022.

What Are The Highest-Paying Pharmacy Jobs In The World?

• Medical Science Liaison.
• Biostatistician.
• Pharmaceutical Sales Representative.
• Drug Manufacturer.
• Pharmacist Informatician.
• Clinical Pharmacologist.
• Inpatient Pharmacist.

Conclusion

Are you seeking a job in the pharmaceuticals sector and want to know how many jobs are available in major pharmaceuticals? The ultimate guide to working for a pharmaceutical company is provided in this article.

There are currently more than 54,000 open positions in the sector. Make sure you obtain the necessary credentials before working in this industry.

About The Authors

Hilda Workman - Hilda Workman is a licensed financial advisor with years of expertise in the industry. She has assisted a range of clients, from sole proprietors to large corporations, in reaching their financial objectives. She is informed about many different financial subjects, including tax preparation, investment planning and also in fashion. She believes that the best things are those that are imperfect.