The Pharmacies industry plays an important role in providing community primary health care. In 2014-15, there are an estimated 5,500 community pharmacies in Australia that function as the primary distribution points for prescription and scheduled over-the-counter medicines, and are expected to dispense over 290 million prescriptions according to Department of Health estimates. In spite of the nation-wide banner groups, the industry is highly fragmented and includes many individual operators.
The industry includes all community pharmacies that sell prescription drugs and patent medicines to general consumers. The products are sourced either from pharmaceutical wholesalers or directly from upstream pharmaceutical manufacturers. Key pharmacy groups include independent community pharmacies, banner groups (both wholesaler-owned and independent), friendly societies, buying groups and discount pharmacies.
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.