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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 | Jun 2014

Growth pains: Tighter regulatory controls constrain industry revenue growth

IBISWorld’s Pain Medication OTC Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
GlaxoSmithKline GlaxoSmithKline market share
Pfizer Australia Pfizer Australia market share
Industry Statistics & Market Size
Revenue
$810m
Annual Growth 09-14
1.3%
Annual Growth 14-19
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Profit
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Employment
1,530
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. As Australian consumers have a high awareness of self-medication uses, domestic demand for OTC pain medication has remained healthy over the past five years. Consumers are able to reach for an increasing range of pain relief products from their 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 - Industry Analysis Chapter

Over the past five years, the Pain Medication OTC Manufacturing industry has benefited from Australia's ageing population. Ageing consumers are increasingly turning to pain medication to counter the discomfort of osteoarthritis, rheumatoid arthritis and other degenerative or chronic diseases. Analgesics remain the industry's second-largest product segment for downstream pharmacies, while paracetamol is the fourth-largest product (by volume) on the PBS.

The industry has faced a series of challenges, many of which echo similar developments within the overall Pharmaceutical Product Manufacturing industry... 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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