| Product Code: ETC6187636 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Australia Parkinsons Disorder Drugs Market benefits from the availability of both branded and generic drugs. Innovations in neuroprotective drugs and personalized medicine are gradually shaping the market. Moreover, patient support programs and favorable reimbursement policies contribute to improved drug access.
The Parkinsons Disorder Drugs market in Australia is seeing increased uptake of extended-release formulations and novel delivery methods such as subcutaneous infusions and transdermal patches. Investment in R&D for disease-modifying drugs rather than just symptomatic treatments is rising. The launch of generic versions of popular dopaminergic drugs is making therapies more affordable and accessible.
This market faces hurdles from stringent regulatory frameworks and the lengthy clinical trial phases for new drug approvals. Additionally, generic erosion impacts the profitability of established drugs, discouraging investment in novel therapeutic classes. Patient adherence is also an issue due to complex medication schedules.
There is robust potential for investment in the Parkinsons disorder drugs market due to a growing preference for combination therapies and long-acting formulations. With ongoing clinical trials and regulatory support for expedited drug approvals, pharmaceutical investors can find lucrative prospects. Additionally, biosimilars and generic drug manufacturing provide a cost-effective entry point into this high-demand market.
The Parkinsons disorder drugs market is regulated by the TGA, with strict compliance requirements for new drug approval. The PBS facilitates access to approved medications, especially dopamine agonists and MAO-B inhibitors. Government funding channels encourage domestic pharmaceutical companies to participate in research and development (R&D) through grants and tax incentives. Efforts are also being made to speed up drug evaluation processes while maintaining safety standards.
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 Parkinsons Disorder Drugs Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Parkinsons Disorder Drugs Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Parkinsons Disorder Drugs Market - Industry Life Cycle |
3.4 Australia Parkinsons Disorder Drugs Market - Porter's Five Forces |
3.5 Australia Parkinsons Disorder Drugs Market Revenues & Volume Share, By Drug Class, 2021 & 2031F |
3.6 Australia Parkinsons Disorder Drugs Market Revenues & Volume Share, By Route of Administration, 2021 & 2031F |
3.7 Australia Parkinsons Disorder Drugs Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Australia Parkinsons Disorder Drugs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of Parkinson's disease in Australia |
4.2.2 Growing awareness about the importance of early diagnosis and treatment |
4.2.3 Technological advancements in drug development for Parkinson's disease |
4.3 Market Restraints |
4.3.1 Stringent regulations and approval processes for new drugs |
4.3.2 High costs associated with research and development of Parkinson's disorder drugs |
5 Australia Parkinsons Disorder Drugs Market Trends |
6 Australia Parkinsons Disorder Drugs Market, By Types |
6.1 Australia Parkinsons Disorder Drugs Market, By Drug Class |
6.1.1 Overview and Analysis |
6.1.2 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Drug Class, 2021- 2031F |
6.1.3 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Decarboxylase Inhibitors, 2021- 2031F |
6.1.4 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Dopamine Agonists, 2021- 2031F |
6.1.5 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Monoamine Oxidase Type B (MAO-B) Inhibitor, 2021- 2031F |
6.1.6 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Parkinsons Disorder Drugs Market, By Route of Administration |
6.2.1 Overview and Analysis |
6.2.2 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Oral, 2021- 2031F |
6.2.3 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Injection, 2021- 2031F |
6.2.4 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Transdermal, 2021- 2031F |
6.3 Australia Parkinsons Disorder Drugs Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Online Pharmacy, 2021- 2031F |
6.3.4 Australia Parkinsons Disorder Drugs Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Parkinsons Disorder Drugs Market Import-Export Trade Statistics |
7.1 Australia Parkinsons Disorder Drugs Market Export to Major Countries |
7.2 Australia Parkinsons Disorder Drugs Market Imports from Major Countries |
8 Australia Parkinsons Disorder Drugs Market Key Performance Indicators |
8.1 Number of clinical trials for Parkinson's disorder drugs in Australia |
8.2 Adoption rate of new Parkinson's disorder drugs by healthcare providers |
8.3 Patient adherence rate to prescribed Parkinson's disorder drug therapies |
9 Australia Parkinsons Disorder Drugs Market - Opportunity Assessment |
9.1 Australia Parkinsons Disorder Drugs Market Opportunity Assessment, By Drug Class, 2021 & 2031F |
9.2 Australia Parkinsons Disorder Drugs Market Opportunity Assessment, By Route of Administration, 2021 & 2031F |
9.3 Australia Parkinsons Disorder Drugs Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Australia Parkinsons Disorder Drugs Market - Competitive Landscape |
10.1 Australia Parkinsons Disorder Drugs Market Revenue Share, By Companies, 2024 |
10.2 Australia Parkinsons Disorder Drugs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |