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 | Apr 2016

Relieved: Revenue grows as Australia's aging population increasingly seek industry products

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
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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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. Domestic demand for OTC pain medication has remained healthy over the past five years, 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.

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 - Starting a New Business Chapter

IBISWorld expects that barriers to entry for the Pain Medication OTC Manufacturing industry in Australia are high due to the dominant position of branded pain-suppressant drugs and the high knowledge required for manufacturing pharmaceuticals. Potential entrants are barred from producing similar formulations of patented drugs. An option does exist for potential entrants to synthesise a new drug, file a patent and begin manufacturing, but this is costly and time consuming.

However barriers to entry for generic drugs are significantly lower than branded drugs. Investment capital for small-scale manufacture of drugs is cheaper than automation and mass production... 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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