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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 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
$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 Key Buyers Chapter

The Pain Medication OTC Manufacturing industry in Australia exhibits a medium level of market share concentration with the top four companies accounting for over half of all industry sales. This reflects the dominance of the global players whose brand names are almost synonymous with pain relief.

However in the generic drug-manufacturing sector, the level of concentration is significantly lower. This is because a large number of generic drug makers solely manufacture drugs, branding them as their chemical compounds (ibuprofen, paracetamol etc.) and with little to no attempt at marketing to minimise costs... 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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