Pharmaceuticals in Australia - Market Summary, Competitive Analysis and Forecast, 2016-2025
Summary
Pharmaceuticals in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare.The Australian pharmaceuticals market had total revenues of $12.4bn in 2020, representing a compound annual growth rate (CAGR) of 2.4% between 2016 and 2020.Australia’s population is aging, with being 21-23% of the population estimated to be aged 65 and over by 2066. Chronic diseases are also becoming increasingly common, and overall, this will continue to drive the demand for pharmaceuticals in the country.Australia’s domestic pharmaceutical manufacturing capacity is likely to be boosted by the introduction of the Modern Manufacturing Initiative in 2021, which will contribute to market growth going forwards.Scope- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the pharmaceuticals market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pharmaceuticals market in Australia
- Leading company profiles reveal details of key pharmaceuticals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia pharmaceuticals market with five year forecasts
Reasons to Buy- What was the size of the Australia pharmaceuticals market by value in 2020?
- What will be the size of the Australia pharmaceuticals market in 2025?
- What factors are affecting the strength of competition in the Australia pharmaceuticals market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's pharmaceuticals market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Geography segmentation
- 1.4. Market share
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What are the strengths and weaknesses of leading players?
- 7.4. What strategies do leading players follow?
- 8 Company Profiles
- 8.1. Pfizer Inc.
- 8.2. Aspen Pharmacare Holdings Ltd
- 8.3. AstraZeneca PLC
- 8.4. GlaxoSmithKline Plc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Australia pharmaceuticals market value: $ billion, 2016-20
- Table 2: Australia pharmaceuticals market geography segmentation: $ billion, 2020
- Table 3: Australia pharmaceuticals market value forecast: $ billion, 2020-25
- Table 4: Australia pharmaceuticals market share: % share, by value, 2020
- Table 5: Pfizer Inc.: key facts
- Table 6: Pfizer Inc.: Annual Financial Ratios
- Table 7: Pfizer Inc.: Key Employees
- Table 8: Pfizer Inc.: Key Employees Continued
- Table 9: Aspen Pharmacare Holdings Ltd: key facts
- Table 10: Aspen Pharmacare Holdings Ltd: Annual Financial Ratios
- Table 11: Aspen Pharmacare Holdings Ltd: Key Employees
- Table 12: AstraZeneca PLC: key facts
- Table 13: AstraZeneca PLC: Annual Financial Ratios
- Table 14: AstraZeneca PLC: Key Employees
- Table 15: GlaxoSmithKline Plc: key facts
- Table 16: GlaxoSmithKline Plc: Annual Financial Ratios
- Table 17: GlaxoSmithKline Plc: Annual Financial Ratios (Continued)
- Table 18: GlaxoSmithKline Plc: Key Employees
- Table 19: GlaxoSmithKline Plc: Key Employees Continued
- Table 20: Australia size of population (million), 2016-20
- Table 21: Australia gdp (constant 2005 prices, $ billion), 2016-20
- Table 22: Australia gdp (current prices, $ billion), 2016-20
- Table 23: Australia inflation, 2016-20
- Table 24: Australia consumer price index (absolute), 2016-20
- Table 25: Australia exchange rate, 2016-20
- List of Figures
- Figure 1: Australia pharmaceuticals market value: $ billion, 2016-20
- Figure 2: Australia pharmaceuticals market geography segmentation: % share, by value, 2020
- Figure 3: Australia pharmaceuticals market value forecast: $ billion, 2020-25
- Figure 4: Forces driving competition in the pharmaceuticals market in Australia, 2020
- Figure 5: Drivers of buyer power in the pharmaceuticals market in Australia, 2020
- Figure 6: Drivers of supplier power in the pharmaceuticals market in Australia, 2020
- Figure 7: Factors influencing the likelihood of new entrants in the pharmaceuticals market in Australia, 2020
- Figure 8: Factors influencing the threat of substitutes in the pharmaceuticals market in Australia, 2020
- Figure 9: Drivers of degree of rivalry in the pharmaceuticals market in Australia, 2020
- Figure 10: Australia pharmaceuticals market share: % share, by value, 2020