Trend Brief

2024 Pharmaceutical Industry Trends

2024 Pharmaceutical Industry Trends
You'll Learn About:
  • The latest trends impacting pharmaceutical companies.
  • Current pharma industry research and stats.
  • Digital solutions to match the trends.
Discover the latest pharma quality and manufacturing trends.

Digital transformation in pharma is a key move to remain viable in a marketplace that is demanding more personalization, more quickly than ever before. Emerging trends in the pharmaceutical industry reveal that quality and manufacturing leaders must find innovative solutions to adapt and overcome new challenges.

How can pharma trends impact manufacturing processes and quality management?

Current pharma trends, largely driven by consumer behavior, are reshaping the industry. Pharmaceutical companies, as well as their investors, are looking to more simplified manufacturing processes and configurable, in-line quality methods. Advances in biomedical and digital technology make a great pairing and provide companies with new opportunities for growth along with solutions that can reduce the growing pains that come with them. They’re making it possible to offer products and services in more patient-centric, on-demand, and personalized contexts. 

Questions About Pharma Industry Trends

What emerging technologies should we prioritize in our manufacturing processes to stay competitive in 2024?

MasterControl’s industry brief featuring the main pharma industry trends to watch out for in 2024.

Investors are always looking to companies that can streamline and simplify complex manufacturing processes. Electronic batch records offer key advantages. Configurable MES solutions are becoming especially important in the context of more personalised products and services.

How can we adapt our quality management systems to align with upcoming regulatory changes in the pharma industry?

MasterControl’s industry brief featuring the main pharma industry trends to watch out for in 2024.

By undergoing digital transformation, pharma companies can convert existing quality management processes to a digital format. With a no-code/low-code digital quality management system (QMS), quality professionals can easily modify and automate workflows and forms to match changing regulations as needed. Digital solutions can generate audit trails that can be used to verify compliance.

Are there any new manufacturing standards or best practices to implement to meet evolving regulatory requirements?

MasterControl’s industry brief featuring the main pharma industry trends to watch out for in 2024.

Some of the emerging trends in the pharmaceutical industry impacting manufacturing and quality professionals relate to the use of artificial intelligence (AI) and interoperable data. It is imperative to start looking to data-rich solutions that support practical AI applications as well as secure data exchange along the supply chain. 

How can we measure the return on investment for following technology trends, and what benchmarks should we set for success in 2024?

MasterControl’s industry brief featuring the main pharma industry trends to watch out for in 2024.

A decrease in the number of production errors and quality events, as well as shorter production cycles, are good ways to measure the success of any technology solutions that you adopt. Evaluate your level of digital maturity and seek to establish a fully connected and intelligently enabled platform to find operational success in 2024.

What Pharma Professionals Have To Say About Digital Solutions

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