Pharmaceutical Product Manufacturing in Australia - Market Research Report

error_outline Covid-19 Impact Update - Pharmaceutical Product Manufacturing in Australia

IBISWorld's analysts constantly monitor the industry impacts of current events in real-time – here is an update of how this industry is likely to be impacted as a result of the global COVID-19 pandemic:

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Revenue growth for the Pharmaceutical Product Manufacturing industry is likely to be affected by higher demand for diagnostic substances used in COVID-19 test kits and for paracetamol following stockpiling actions by downstream consumers. For more detail, please see the Current Performance chapter.

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With China a key international market, a slowdown in China inbound and internal freight is expected to restrain growth in export earnings. For more detail, please see the International Trade chapter.

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The outbreak of COVID-19 is highlighting the industry's globalised nature with disruptions in Chinese and Indian supply chains forcing the industry's major players to assess their supply chains both locally and globally. For more detail, please see the Globalisation chapter.

Note: The content in this report is currently being updated to reflect the trends outlined above.

Pharmaceutical Product Manufacturing industry trends (2014-2019)

poll Average industry growth 2014–2019: -0.5%

Several favourable demand factors have affected the Pharmaceutical Product Manufacturing industry over the past five years, including an ageing population and a greater incidence of chronic disease. Increased local and global demand for consumer healthcare products has also benefited some industry operators. However, the industry has also faced several challenges over the period, including a changing regulatory and risk environment, a patent cliff that has taken away players' exclusive manufacturing rights to many highly profitable drugs, and reform-driven pricing pressures. Ongoing PBS reforms have heavily influenced the industry, as mandatory price disclosures have continued to reduce prices. Intensifying competition from generic drugs has also con...
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Pharmaceutical Product Manufacturing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Revenue for the Pharmaceutical Product Manufacturing industry is forecast to grow modestly over the next five years, as the industry continues to adapt to its new operating environment. Reduced product pipelines, the lack of new blockbuster drugs, ongoing deflationary pricing pressures and increasing competition from generic and biosimilar drugs are projected to continue constraining industry revenue derived from prescription pharmaceuticals. However, an ageing population, higher incidences of chronic disease and changing community attitudes to healthcare are anticipated to offset some of these constraints and help return the industry to growth over the next five years. Ongoing innovation and new products in various therapeutic fields, such as oncolo...
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Pharmaceutical Product Manufacturing industry statistics

  • business Number of Businesses: 834
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 15,565

Biggest companies in the Pharmaceutical Product Manufacturing industry

The companies holding the largest market share in the Pharmaceutical Product Manufacturing in Australia industry include AstraZeneca Holdings Pty Ltd, GlaxoSmithKline Holdings Pty Ltd and Mylan Australia Holding Pty Ltd.

  • pie_chart AstraZeneca Holdings Pty Ltd Market Share: x.x%
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  • pie_chart GlaxoSmithKline Holdings Pty Ltd Market Share: x.x%
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  • pie_chart Mylan Australia Holding Pty Ltd Market Share: x.x%
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What is Pharmaceutical Product Manufacturing industry?

Industry Definition

The industry comprises companies that manufacture medicinal and pharmaceutical products for human use from both synthetic (chemical) and natural sources. Other products include chemical or diagnostic testing agents, blood serums and biotech products. Industry activities include manufacturing active pharmaceutical ingredients and synthesising chemical ingredients, late-stage packaging and fill-finish activities.

Industry Products and Services

  • Benefit-paid pharmaceuticals
  • All other pharmaceuticals
  • Vitamins and dietary supplements
  • Over-the-counter medicines
  • Other complementary medicines

Industry Activities

  • Antibacterial, antibiotic and antitoxin manufacturing
  • Vaccine manufacturing
  • Vitamin product manufacturing
  • Herbal drug manufacturing
  • Ampoule, medicinal capsule, medicinal ointment and vial manufacturing
  • Biotechnological manufacture of pharmaceutical and medicinal products
  • Serum and blood serum manufacturing
  • Diagnostic substance manufacturing

Market research report - table of contents

Industry Definition

The industry comprises companies that manufacture medicinal and pharmaceutical products for human use from both synthetic (chemical) and natural sources. Other products include chemical or diagnostic testing agents, blood serums and biotech products. Industry activities include manufacturing active pharmaceutical ingredients and synthesising chemical ingredients, late-stage packaging and fill-finish activities.

Main Activities

  • Antibacterial, antibiotic and antitoxin manufacturing
  • Vaccine manufacturing
  • Vitamin product manufacturing
  • Herbal drug manufacturing
  • Ampoule, medicinal capsule, medicinal ointment and vial manufacturing
  • Biotechnological manufacture of pharmaceutical and medicinal products
  • Serum and blood serum manufacturing
  • Diagnostic substance manufacturing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The PBS sets the maximum price that can be charged for all pharmaceuticals listed on the scheme. Consumers pay a low maximum amount for PBS medicines, wit...
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Federal funding for the Pharmaceutical Benefits Scheme
Population aged 50 and older
Health consciousness
Trade-weighted index

Current Performance

Ongoing PBS changes
 Chart: Revenue Growth

Industry Outlook

Changing landscape
 Table: Pharmaceutical Product Manufacturing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Pharmaceutical Product Manufacturing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

General Hospitals in Australia
Pharmaceuticals Wholesaling in Australia
Pharmacies in Australia




Key Selling Industries

Soap and Cleaning Compound Manufacturing in Australia
Cosmetics, Perfume and Toiletries Manufacturing in Australia
Adhesive Manufacturing in Australia
Packaging Services in Australia



Products & Services

Industry operators produce pharmaceutical products for human use. These products include prescription pharmaceuticals (patented and generic) that may or m...
Wholesalers
Hospitals and pharmacies
Other retailers



Demand Determinants

Various socioeconomic and demographic factors influence demand patterns. These include general disease rates, government health policies, the price of pha...
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Major Markets

Wholesalers
Hospitals and pharmacies
Other retailers




 Chart: Major Market Segmentation for the Pharmaceutical Product Manufacturing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

Industry concentration measures the extent to which operators dominate an industry. In Australia, the Pharmaceutical Product Manufacturing industry has lo...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Pharmaceutical Product Manufacturing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Pharmaceutical Product Manufacturing in Australia - Market Research Report Industry

Industry Globalization

AstraZeneca Holdings Pty Ltd is the local subsidiary of UK-based pharmaceutical company AstraZeneca plc. The parent company was formed in 1999 through the...
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AstraZeneca Australia

 Table: AstraZeneca Australia - financial performance

GlaxoSmithKline

 Table: GlaxoSmithKline - financial performance

Mylan Australia

 Table: Mylan Australia - financial performance

Capital Intensity

The Pharmaceutical Product Manufacturing industry is moderately capital-intensive, reflecting the capital required for manufacturing facilities to make hi...
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 Chart: Level of Capital Intensity for the Pharmaceutical Product Manufacturing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Pharmaceutical Product Manufacturing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

BIOSIMILARS

BLOCKBUSTER DRUGS

EDETAILING

OVER-THE-COUNTER (OTC)

PATENT CLIFF

PRICE DISCLOSURE REFORMS

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Pharmaceutical Product Manufacturing industry?

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This report on Pharmaceutical Product Manufacturing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Pharmaceutical Product Manufacturing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Pharmaceutical Product Manufacturing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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