The pharmacy wing is one of the most sustainable and growing trades at the worldwide level. It has gained tremendous importance in recent years because of the development of medical sciences and technology. Take a look at the numbers here:
- • Global pharmaceutical market size: It was $1.48 trillion in 2022 and growing at an expected compound annual growth rate (CAGR) for the period 2023-2030 of 4.9%.
- • India's contribution: Generic medicines exporting shares are 20% of the international total.
- • Employment in the pharma sector: Over 2.7 million persons in India only.
These statistics underscore how promising a job in the pharmacy profession is.
If you are someone eager to make a pharma career, but feeling a bit back without knowing the career prospects, then this blog is for you. Get to know the top 10 careers in the pharmaceutical industry.
Top 10 Career Options in the Pharmaceutical Industry:
A wide range of pharmacy career options are made available and the top among them are as follows:
Pharmacist:
It is the fundamental and most authoritative position within the industry. Retail, hospital, and clinic pharmacists review prescriptions and dispense drugs, as well as provide information about drug usage to patients. This is one of the leading pharmacy degree jobs in demand.
Pharmaceutical Scientist:
They are involved in research and development activities human beings concentrate on the development of new drugs or the enhancement of the already existing ones. It is one important task for creating novelty in the pharma career field.
Regulatory Affairs Specialist:
The responsibility of ensuring that new drugs already conform to international standards is always a noble goal, it is the job role for this career option. The nutritional security officer’s function is crucial to the jobs in the pharma sector.
Clinical Research Associate:
These professionals oversee clinical trials of new drugs to make certain these drugs meet safety requirements. This role is very crucial in the pharmaceutical industry to ensure the quality and safety of consumers, thus it is a great choice for a career in pharma industry.
Quality Control Analyst:
In charge of product quality during the manufacturing process, this role is a key aspect of safety and requires compliance which makes it fundamental to the pharmaceutical careers list.
Medical Representative:
As intermediaries who facilitate the selling and promotion of medicines to healthcare producers, the medical representatives are crucial.
Production Manager:
In this capacity, its primary responsibility is to supervise the manufacturing processes in the pharmaceutical firms to operate more effectively and efficiently.
Pharmacovigilance Specialist:
Observing side effects of drugs as a way of supervising and assessing. This is one of several developing pharmacy career opportunities for those with enthusiasm for safety and ethical considerations.
Hospital Drug Administrator
In healthcare facilities where they practice, this position is responsible for the distribution of these drugs as required to improve existing stock.
Academician or Professor
Considering education and research as one of the primary faculties to make a noble profession, teaching, and training future pharmacists is its job role.
Having seen the list of jobs in pharmaceutical industry, let us have a look at the salary scale of these professions below.
Also Read - What are the Skills Required to Pursue a Pharmacy Degree?
Salary Scale of Top 10 Pharmacy Career Options:
Pharmacy Career Options |
Average Salary |
Pharmacist |
INR 3 LPA |
Pharmaceutical Scientist |
INR 8 LPA |
Regulatory Affairs Specialist |
INR 6 LPA |
Clinical Research Associate |
INR 5 LPA |
Quality Control Analyst |
INR 5 LPA |
Medical Representative |
INR 3 LPA |
Production Manager |
INR 5 LPA |
Pharmacovigilance Specialist |
INR 8 LPA |
Hospital Drug Administrator |
INR 4 LPA |
Academician or Professor |
INR 4 LPA |
Now, let us have a look into the pharmaceutical industry market to understand the blooming career ground.
Pharmaceutical Industry Market Size:
The pharmaceutical industry has glided so much over the past 30 years. For example, the value of the pharmaceutical industry was USD 391 billion in 2001. Now, the value of the same industry is USD 1,607 billion by 2023.
Source: Statista
As the industry grows, the employment status also grows higher, thus welcoming professionals with proper education in the pharmaceutical field.
If you are interested in finding the jobs in pharma sector, then you should have a proper degree at the right college such as ours, Mansarovar Global University.
Pharmacy Education at Mansarovar Global University:
Standing tall in various educational fields, Mansarovar Global University is a leader in pharmaceutical education as well with the following courses:
Diploma in Pharmacy:
A Diploma in Pharmacy is an introductory level course wherein the students get a basic understanding of the field of pharmacy and the science of drugs. It certifies its graduates for careers like pharmacy technicians or pharmacy trainees at entry points in health facilities.
Duration |
2 years |
Eligibility Criteria |
|
Admission Procedure |
Admission to the Diploma in Pharmacy is on a merit basis considering a 10+2 score. |
Bachelor of Pharmacy:
B.Pharm is a four-year undergraduate course that enables learners to have elaborate information on pharmaceutical sciences, formulations, and health care. The triangular area is designed for graduates to practice as licensed pharmacists, engage in research, or join the pharmaceutical business.
Duration | 4 years |
Eligibility criteria |
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Admission Procedure | Admission to B Pharm is based on the candidate's 10+2 marks and NEET UG score if available. |
Pursuing our pharmacy courses is the route to different fields of pharmacy for a suitable carer.
Also Read - Why It's Important to Choose Best Pharmacy College For Your Pharma Career
Conclusion
On the whole, the pharmaceutical sector presents a rich variety of opportunities. Trailing the guide of Mansarovar Global University, one can know the list of jobs prevailing in the pharmaceutical sector and hence, build the coveted pharma career. Start this journey today and learn about your possibilities in this promising industry.
Job in pharmacy field means reasonable income but it also means becoming a part of the effort to make the world a healthier place.
FAQs:
- Is pharmacy a good career for the future?
Indeed, pharmacy is a lucrative career, and the profession is expanding with time because of new developments in medical services and the human population’s ever-rising need for drugs.
- Which pharma has the highest salary?
Medical chemists and those working in the regulatory affairs department usually receive the best-paying jobs within the industry. These positions are very significant in the development of drugs and their adherence; skills in them are usually elevated.
- Which is the best field in pharmacy?
Clinical research, pharmacovigilance, and regulatory affairs are some of the most popular specializations because of their prospects for development, new ideas, and urgent international importance in terms of medicines’ safety and effectiveness.
- Which pharma course is best?
A degree-level course like a B.Pharm is a good start, but to specialize further there are higher specialized courses such as an M.pharm in Clinical Pharmacy or a Doctor of Pharmacy (Pharm.D) which makes one eligible for several job opportunities as well as to work abroad