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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 | 2016

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

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
Industry Statistics & Market Size
Revenue
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Annual Growth 12-17
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Annual Growth 17-22
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Profit
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Employment
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Businesses
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What is the Pain Medication OTC Manufacturing industry?

The Pain Medication OTC Manufacturing industry is expected to be in the mature phase of its life cycle. Following strong growth in the early 1980s and 1990s, growth rates have since slowed considerably. Over the past five years, industry revenue has been significantly hampered by rising competition from generic drugs, high import penetration and falling branded drug prices due to government policy.

Over the same time frame, the number of enterprises has dropped, which is also a testament to the industry's mature life cycle. Many industry players are shifting operations offshore to cut costs and increase price competitiveness both internally and externally against mass imports... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents
Major products in this industry
SalicylatesPropionic acid derivativesAcetaminophensOther non-steroidal anti-inflammatory drugs
 


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