The Pharmacies industry plays an important role in the provision of community primary health care. The nation's 5,270 community pharmacies provide services such as medication management information, advice on minor ailments and over-the-counter (OTC) medicines, and preventative care services. They are also the primary distribution points for prescription and scheduled OTC medicines. The industry is highly fragmented and made up of a large number of individual operators. Despite this, it makes a significant contribution to the Australian economy, generating in excess of $12 billion in revenue annually.
The industry covers all community pharmacies involved in the sale of prescription drugs and patent medicines. The products are sourced either directly from upstream pharmaceutical manufacturers or from pharmaceutical wholesalers. The products are then sold to the general consumer from a pharmacy.
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.