Pharmaceutical wholesalers are an important link between local and international pharmaceutical manufacturers and Australia's estimated 5,555 community pharmacies. Pharmaceutical wholesalers are involved in the procurement, distribution and sale of a range of pharmaceutical and medicinal products. These products include prescription medicines, pharmacy-only medicines, over-the-counter (OTC) medicines, other healthcare products and veterinary pharmaceuticals.
The Pharmaceuticals Wholesaling industry has contracted in size over the past five years, in line with changes to the industry's operating environment and the ongoing reforms to the Pharmaceutical Benefits Scheme (PBS).
The industry is composed of companies that wholesale pharmaceutical products, including prescription drugs, over-the-counter medicines and complementary or alternative medicines. It also covers companies involved in the wholesale of veterinary drugs and medicines. The products are obtained from the relevant upstream manufacturer and distributed to hospitals, veterinarians and various retail outlets, including pharmacies and supermarkets.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.