Australia Pharmaceuticals Market Summary, Competitive Analysis and Forecast to 2027
Summary
Pharmaceuticals in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 $10.5 billion in 2022, representing a negative compound annual growth rate (CAGR) of 1.4% between 2017 and 2022.
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R&D expenditure in Australia is only 1.8% of GDP, below the OECD average of 2.67%. Government spending on R&D has been declining, with an average of 0.61% since 2010-11.
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 2022?
What will be the size of the Australia pharmaceuticals market in 2027?
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 rivalry
1.5. 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. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. What are the most recent market developments?
8 Company Profiles
8.1. Pfizer Inc.
8.2. Aspen Pharmacare Holdings Ltd
8.3. GSK plc.
8.4. AstraZeneca 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, 2017-22
Table 2: Australia pharmaceuticals market geography segmentation: $ billion, 2022
Table 3: Australia pharmaceuticals market value forecast: $ billion, 2022-27