Navigation Links
Pain Medication OTC Manufacturing in Australia Industry Market Research Report Now Available from IBISWorld
Date:5/15/2013

Melbourne, Australia (PRWEB) May 16, 2013

The Pain Medication OTC Manufacturing industry manufactures pharmaceutical products that focus on pain relief and are available without a doctor's permission. As a country with a high awareness of medication and self-medication uses, domestic demand for OTC pain medication has remained healthy over the past five years. This is despite a cautious consumer environment in which consumers have attempted to focus spending on high-value items.

Local manufacturing operations have struggled to benefit from this trend. According to IBISWorld industry analyst Craig Shulman, “global pharmaceutical manufacturing has shifted production towards Asia, where labour is cheaper and the plants are larger, leading to substantial increases in economies of scale.” With these jumps in production capacity, import competition has increased substantially. Australian operations have to deal with higher wage costs. Consequently, this competition is putting pressure on industry profit margins. IBISWorld expects revenue to decrease at an annualised rate of 2.0% over the five years to 2012-13. In 2012-13, revenue is expected to decline 3.3% to reach $834.4 million.

Over the next five years, these trends are expected to continue. Import competition is expected to provide a strong challenge to local manufacturers. “Global pharmaceutical manufacturers are expected to increase their foothold on the global OTC market, as they take advantage of the growing popularity of OTC medication in developing countries and thus improve their global economies of scale,” says Shulman. These growing markets are also new opportunities for Australian manufacturers, which will still have to combat cheaper production methods in these countries as
'/>"/>

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Forgoing Medication, for Babys Sake
2. Parents poor math skills may lead to medication errors
3. Reducing off-label use of antipsychotic medications may save money
4. Common acne medication doubles risk of eye infection
5. Misuse of over-the-counter pain medication is potential health threat
6. Genes predict if medication can help you quit smoking
7. Acne Medication May Raise Risk of Eye Infections
8. New delivery method improves efficacy of 2 common Parkinsons disease medications
9. Mount Sinai researcher finds timing of ADHD medication affect academic progress
10. Actos Bladder Cancer Lawsuit Filed in Louisiana Alleging Woman Used Diabetes Medication and Contracted Bladder Cancer, Consumer Justice Foundation Reports
11. Physicians dont adequately monitor patients medication adherence
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/1/2014)... Cyberbullying was associated with mental health and substance ... help protect teens from the consequences of cyberbullying ... , Author: Frank J. Elgar, Ph.D., of McGill ... 1 in 5 adolescents has experienced recent online ... the risk of mental health problems in teens ...
(Date:9/1/2014)... York (PRWEB) September 01, 2014 Liver is ... one vital organ that helps the body in barring itself ... a store of energy. Liver also plays many important functions ... iron and glucose. , Many illnesses can affect the ... under the rib cage on the right side of the ...
(Date:9/1/2014)... 2014 The B-cell non-Hodgkin’s Lymphoma (NHL) ... major markets (the US, France, Italy, Germany, Spain and ... billion by 2018. , The competitive landscape in the ... Spain and the UK is poised to undergo a ... the four largest B-cell NHL indications, which includes Diffuse ...
(Date:9/1/2014)... 2014 The National Association of Hispanic ... Dawn Bazarko, DNP, MPH, RN, and Adriana Perez, PhD, ... Academy of Nursing. They will be inducted with Immediate ... whose induction we reported last May. , Our three ... the 2014 American Academy of Nursing Policy Conference in ...
(Date:9/1/2014)... NJ (PRWEB) September 01, 2014 Registration is ... The Warriors® 5K and 1-Mile Race to be held on ... The Plaza Court Yard at Harmon Meadow in Secaucus, New ... The Warriors®, a national nonprofit dedicated to restoring a sense ... our service members and our military families. , General registration ...
Breaking Medicine News(10 mins):Health News:Family dinners good for teens' mental health, could protect from cyberbullying 2Health News:Family dinners good for teens' mental health, could protect from cyberbullying 3Health News:Global Liver Diseases and Therapies Market- The Key Basics by Transparency Market Research 2Health News:Global Liver Diseases and Therapies Market- The Key Basics by Transparency Market Research 3Health News:B-cell Non-Hodgkin Lymphoma Treatment Market Value worth $5.4 Billion by 2018 Says a New Report Available at MarketOptimizer.org 2Health News:B-cell Non-Hodgkin Lymphoma Treatment Market Value worth $5.4 Billion by 2018 Says a New Report Available at MarketOptimizer.org 3Health News:B-cell Non-Hodgkin Lymphoma Treatment Market Value worth $5.4 Billion by 2018 Says a New Report Available at MarketOptimizer.org 4Health News:Two Additional NAHN Members to be Inducted as Fellows of the American Academy of Nursing 2Health News:Two Additional NAHN Members to be Inducted as Fellows of the American Academy of Nursing 3Health News:Two Additional NAHN Members to be Inducted as Fellows of the American Academy of Nursing 4Health News:Hope For The Warriors New Jersey Run to Honor Wounded and Families of the Fallen 2
... BRIDGEWATER, N.J., Jan. 6 MAQUET Inc., a ... of the oldest and largest surgical equipment companies ... completed North America,s first installation of its advanced, ... S.C.VARIOP now enables hospitals and surgical centers to ...
... Compass Group North America of,Charlotte, NC, announces ... KIMCO Corporation, a provider of support services operating,mainly ... acquisition, KIMCO,becomes a wholly owned subsidiary of Compass ... Compass Group North America focused on delivering,support services ...
... Mental illness is very troubling for patients. Often, ... symptoms are not alleviated. As a clinician, it is ... medication, and provide counseling and follow up to ensure ... of proper diagnosis and management of psychotic and mood ...
... a,pioneering smartphone hardware and software developer, has introduced SMHEART,LINK, ... unparalleled,health and fitness capabilities to Apple(R) iPhone and iPod(R) ... its iPhone fitness apps this,week at Macworld Expo in ... is a wireless bridge that enables any iPhone or ...
... Racquet and Sportsclub Association (IHRSA) announced today its call ... healthier, longer life - invest in yourself; join a ... have to help keep us healthy and living longer," ... times of stress and financial uncertainty, staying healthy is ...
... Site Resource for FamiliesPHILADELPHIA, Jan. 6 The ... a unique new web site designed to help families eat ... fun recipes, as well as useful nutrition information, including cooking ... The Nutrition in the Kitchen ...
Cached Medicine News:Health News:MAQUET Opens North America's First VARIOP Prefabricated Operating Suite System, Allowing Space Reconfiguration in Hours, Less Disruption Than Traditional Construction 2Health News:Compass Group North America Acquires KIMCO Corporation 2Health News:New SMHEART LINK(TM) Technology Allows iPhones to Double as Fitness Monitors 2Health News:New SMHEART LINK(TM) Technology Allows iPhones to Double as Fitness Monitors 3Health News:One Simple Step to Obtain Health, Happiness, and Longevity in 2009 2Health News:One Simple Step to Obtain Health, Happiness, and Longevity in 2009 3Health News:One Simple Step to Obtain Health, Happiness, and Longevity in 2009 4Health News:New Kid Friendly Online Cookbook to Encourage Healthy Eating 2Health News:New Kid Friendly Online Cookbook to Encourage Healthy Eating 3
(Date:8/29/2014)... , Aug. 29, 2014  A Boston Scientific ... study on stent removability and preliminary long term ... published in the August issue of the peer-reviewed ... 1 is being conducted in 11 countries ... covered self-expanding metal stents (FCSEMS) after extended indwell ...
(Date:8/29/2014)... PLEASANTON, Calif. , Aug. 29, 2014 ... leader in device-based mechanical circulatory support therapies to save, ... be participating in the 2014 Morgan Stanley Global Healthcare ... F. Burbach , President and Chief Executive Officer, will ... p.m., Eastern Daylight Time (9:55 a.m., Pacific Daylight Time). ...
(Date:8/29/2014)... 29, 2014 Research and Markets ... Cancer Therapeutics Market & Pipeline Insight 2014" report ... developed to prevent and eradicate the prevalence of cancer ... are confined to low specificity, safety and large number ... for a better solution. It has been discovered that ...
Breaking Medicine Technology:Boston Scientific Study Published In Gastroenterology Reports Successful Management Of Benign Biliary Strictures With Fully Covered Metal Stents 2Boston Scientific Study Published In Gastroenterology Reports Successful Management Of Benign Biliary Strictures With Fully Covered Metal Stents 3Boston Scientific Study Published In Gastroenterology Reports Successful Management Of Benign Biliary Strictures With Fully Covered Metal Stents 4Global Peptide Cancer Therapeutics Market & Pipeline Insight 2014 2
Inquire...
... injectable implant that contains microparticles ... biodegradable, synthetic polymer from the ... prior to use by the ... Injection, USP (SWFI) to form ...
Minimizes imperfections and reduces the visible appearance of cellulite and stretch marks. This formula refines uneven skin texture and improves skin firmness and elasticity to leave you with skin yo...
... This new Suction Massage System has been ... areas, such as thighs, buttocks and hips. ... the lymph system, mobilizing excess fluids in ... Initially, we recommend using CELLUSSAGE daily, for ...
Medicine Products: