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Pain Medication OTC Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Pain Medication OTC Manufacturing Market Research Report | Life Sciences | OTC Medicines | May 2015

A bitter pill: Tighter regulatory controls on OTC medicine constrain industry revenue growth

IBISWorld’s Pain Medication OTC Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
GlaxoSmithKline GlaxoSmithKline market share
Pfizer Australia Pfizer Australia market share
Industry Statistics & Market Size
Revenue
$847m
Annual Growth 10-15
1.5%
Annual Growth 15-20
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Profit
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Employment
1,515
Businesses
29
Industry Analysis & Industry Trends

The Pain Medication OTC Manufacturing industry manufactures over-the-counter pharmaceutical products that focus on pain relief and are available without a doctor's prescription. With Australian consumers possessing a high awareness of self-medication uses, and an increasing range of pain relief products now available in pharmacy and supermarket aisles, domestic demand for OTC pain medication has remained healthy over the past five years.

As with other segments of the Pharmaceutical Product Manufacturing industry, the Pain Medication OTC Manufacturing industry is dominated by global players and brand names... purchase to read more

Industry Report - Industry Products Chapter

There are three main types of pain relief medications available to Australian consumers: analgesics, non-steroidal anti-inflammatory drugs (NSAIDs), and narcotic (opioid-based) analgesics. The first two of these types can be sold over the counter and without a prescription, but may also be prescribed in some instances. In the case of narcotic analgesics, where the strength of the product is considerably higher, a prescription is required, particularly for highly addictive products. Regulatory controls still exist with OTC medication, given the potential side effects associated with long-term usage, overdosing or usage for non-medical purposes. Most pain relief products available without a prescription started as a prescription medication, usually in a higher dosage... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Pain Medication OTC Manufacturing Industry?

Companies in this industry research and develop over-the-counter pain relief medicines. Products manufactured by the industry are available without a prescription via pharmacy and grocery channels. Narcotic and opioid analgesics dispensed via prescription are not included in the industry.

Industry Products
SalicylatesPropionic acid derivativesAcetaminophensOther non-steroidal anti-inflammatory drugs
 
Industry Activities
Manufacturing acetaminophen based pain suppressantsManufacturing non-steroidal anti-inflammatory based pain suppressantsManufacturing acetaminophen based pain suppressantsManufacturing non-steroidal anti-inflammatory based pain suppressants


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