Generics Market in Australia May See a Big Move | Major Giants Lupin, Viatris, Teva Pharmaceutical Industries Limited

HTF Market Intelligence released a new research report of 41 pages on title 'Generics in Australia - Market Summary, Competitive Analysis and Forecast to 2025' with detailed analysis, forecast and strategies. The market Study is segmented by key a region that is accelerating the marketization. The study covers key regions that includes North America, Europe or Asia and important players such as Teva Pharmaceutical Industries Limited, Viatris Inc., Aspen Pharmacare Holdings Ltd, Lupin Ltd.

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Summary
Generics in Australia - Market Summary, Competitive Analysis and Forecast to 2025

Generics in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- 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, off-patent drugs that continue to be offered by the original manufacturer under the original name, and which form part of the 'generic-eligible' market, are not included.
- The Australian generics market had total revenues of $1.3bn in 2020, representing a compound annual growth rate (CAGR) of 3.6% between 2016 and 2020.
- Market consumption volume increased with a CAGR of 5.5% between 2016 and 2020, to reach a total of 66.8% in 2020.
- The Australian government has undertaken cost containment measures in the pharmaceuticals market due to the growing and aging population, which has resulted in an increasing demand for generic medicines.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, 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

Reasons to Buy

- What was the size of the Australia generics market by value in 2020?
- What will be the size of the Australia generics market in 2025?
- What factors are affecting the strength of competition in the Australia generics market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's generics market?

Companies Mentioned in the Report

Teva Pharmaceutical Industries Limited
Viatris Inc.
Aspen Pharmacare Holdings Ltd
Lupin Ltd

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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes

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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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