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Generics in Australia
Generics in Australia industry profile provides topline qualitative and quantitative summary information including: market size value and volume 201418, and forecast to 2023. The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
For the purposes of this profile, a generic drug is defined as a copy of an ethical prescription drug formerly protected by patents that have now expired. Both unbranded generics and all branded generics are included. However, offpatent drugs that continue to be offered by the original manufacturer under the original name, and which form part of the 'genericeligible' market, are not included.
The Australian generics market had total revenues of $1.2bn in 2018, representing a compound annual growth rate CAGR of 1.6% between 2014 and 2018.
Market consumption volume increased with a CAGR of 5.5% between 2014 and 2018, to reach 59.8% of total pharma volume.
The subsidized cost of prescription medication through the Australian Pharmaceutical Benefits Scheme PBS for eligible patients has helped drive growth in the market share by making these products more widely available.
Save time carrying out entrylevel research by identifying the size, growth, and leading players in the generics market in Australia
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the generics market in Australia
Leading company profiles reveal details of key generics market players' global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Australia generics market with five year forecasts by both value and volume
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What was the size of the Australia generics market by value in 2018?
What will be the size of the Australia generics market in 2023?
What factors are affecting the strength of competition in the Australia generics market?
How has the market performed over the last five years?
How large is Australia's generics market in relation to its regional counterparts?
Original Article: Generics in Australia [Published by Marketline] Prices from USD $298NEXT ARTICLE
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