Product Code: ETC6186124 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The neurological disorder drugs market in Australia is growing due to the rising prevalence of neurological disorders such as Alzheimer`s, Parkinsons, epilepsy, and multiple sclerosis. The market is influenced by the development of new pharmaceutical therapies, including disease-modifying drugs and symptom management treatments. Regulatory support for research and development and the increasing healthcare needs of an aging population are key drivers of this market. The advent of biologics and gene therapies is expected to shape the future of neurological disorder treatments.
The Australian neurological disorder drugs market is thriving due to the increasing number of patients diagnosed with neurological conditions such as epilepsy, Alzheimer`s disease, and multiple sclerosis. Ongoing research and development efforts by pharmaceutical companies are leading to the introduction of new and more effective drugs. Additionally, the shift towards targeted therapies and biologics is expected to drive the market further. However, the market faces challenges in terms of high drug prices, stringent regulatory requirements, and issues related to the accessibility of treatment for rural and underserved populations.
The Australia Neurological Disorder Drugs Market struggles with long drug development timelines, high failure rates in clinical trials, and stringent regulatory requirements. Patient non-adherence to prescribed therapies and high treatment costs are additional barriers to market growth.
Australias neurological disorder drugs market presents steady growth opportunities due to the rising incidence of neurological conditions and strong government support for drug innovation. Investors can benefit from involvement in clinical trials, pharmaceutical manufacturing, and partnerships with global drug makers. The market particularly favors new drug delivery technologies and biosimilars for conditions like epilepsy, Parkinsons, and ALS.
Pharmaceutical drugs for neurological disorders are regulated by the TGA and subsidized through the Pharmaceutical Benefits Scheme (PBS). The government also encourages rare disease drug development through incentives like fast-track approvals and orphan drug status for certain neurological medications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Neurological Disorder Drugs Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Neurological Disorder Drugs Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Neurological Disorder Drugs Market - Industry Life Cycle |
3.4 Australia Neurological Disorder Drugs Market - Porter's Five Forces |
3.5 Australia Neurological Disorder Drugs Market Revenues & Volume Share, By Indication, 2021 & 2031F |
3.6 Australia Neurological Disorder Drugs Market Revenues & Volume Share, By Drug Class, 2021 & 2031F |
3.7 Australia Neurological Disorder Drugs Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.8 Australia Neurological Disorder Drugs Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.9 Australia Neurological Disorder Drugs Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Australia Neurological Disorder Drugs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Neurological Disorder Drugs Market Trends |
6 Australia Neurological Disorder Drugs Market, By Types |
6.1 Australia Neurological Disorder Drugs Market, By Indication |
6.1.1 Overview and Analysis |
6.1.2 Australia Neurological Disorder Drugs Market Revenues & Volume, By Indication, 2021- 2031F |
6.1.3 Australia Neurological Disorder Drugs Market Revenues & Volume, By Epilepsy, 2021- 2031F |
6.1.4 Australia Neurological Disorder Drugs Market Revenues & Volume, By Alzheimers Disease, 2021- 2031F |
6.1.5 Australia Neurological Disorder Drugs Market Revenues & Volume, By Parkinsons Disease, 2021- 2031F |
6.1.6 Australia Neurological Disorder Drugs Market Revenues & Volume, By Multiple Sclerosis, 2021- 2031F |
6.1.7 Australia Neurological Disorder Drugs Market Revenues & Volume, By Cerebrovascular Disease, 2021- 2031F |
6.1.8 Australia Neurological Disorder Drugs Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Neurological Disorder Drugs Market, By Drug Class |
6.2.1 Overview and Analysis |
6.2.2 Australia Neurological Disorder Drugs Market Revenues & Volume, By Cholinesterase Inhibitors, 2021- 2031F |
6.2.3 Australia Neurological Disorder Drugs Market Revenues & Volume, By NMDA Receptor Antagonists, 2021- 2031F |
6.2.4 Australia Neurological Disorder Drugs Market Revenues & Volume, By Antiepileptic, 2021- 2031F |
6.2.5 Australia Neurological Disorder Drugs Market Revenues & Volume, By Antipsychotic and Antidepressant, 2021- 2031F |
6.2.6 Australia Neurological Disorder Drugs Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Australia Neurological Disorder Drugs Market, By Route of Administration |
6.3.1 Overview and Analysis |
6.3.2 Australia Neurological Disorder Drugs Market Revenues & Volume, By Oral, 2021- 2031F |
6.3.3 Australia Neurological Disorder Drugs Market Revenues & Volume, By Parenteral, 2021- 2031F |
6.3.4 Australia Neurological Disorder Drugs Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Australia Neurological Disorder Drugs Market, By End-Users |
6.4.1 Overview and Analysis |
6.4.2 Australia Neurological Disorder Drugs Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.4.3 Australia Neurological Disorder Drugs Market Revenues & Volume, By Specialty Clinics, 2021- 2031F |
6.4.4 Australia Neurological Disorder Drugs Market Revenues & Volume, By Homecare, 2021- 2031F |
6.4.5 Australia Neurological Disorder Drugs Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Australia Neurological Disorder Drugs Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Australia Neurological Disorder Drugs Market Revenues & Volume, By Hospital Pharmacy, 2021- 2031F |
6.5.3 Australia Neurological Disorder Drugs Market Revenues & Volume, By Retail Pharmacy, 2021- 2031F |
6.5.4 Australia Neurological Disorder Drugs Market Revenues & Volume, By Online Pharmacy, 2021- 2031F |
6.5.5 Australia Neurological Disorder Drugs Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Neurological Disorder Drugs Market Import-Export Trade Statistics |
7.1 Australia Neurological Disorder Drugs Market Export to Major Countries |
7.2 Australia Neurological Disorder Drugs Market Imports from Major Countries |
8 Australia Neurological Disorder Drugs Market Key Performance Indicators |
9 Australia Neurological Disorder Drugs Market - Opportunity Assessment |
9.1 Australia Neurological Disorder Drugs Market Opportunity Assessment, By Indication, 2021 & 2031F |
9.2 Australia Neurological Disorder Drugs Market Opportunity Assessment, By Drug Class, 2021 & 2031F |
9.3 Australia Neurological Disorder Drugs Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.4 Australia Neurological Disorder Drugs Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.5 Australia Neurological Disorder Drugs Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Australia Neurological Disorder Drugs Market - Competitive Landscape |
10.1 Australia Neurological Disorder Drugs Market Revenue Share, By Companies, 2024 |
10.2 Australia Neurological Disorder Drugs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |