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This report provides a quantitative snapshot of the evolution of Australia’s pharmacy sector, in light of the coronavirus (COVID-19) epidemic and the new technologies and business models that are making prescription drug distribution more convenient to Australians. The Australian government is currently introducing e-prescriptions under two models: the Token Model (where patients use a paper token or an electronic token sent to their device to access their electronic prescription) and the Active Script List Model (where patients gain access through their assertion of a single identity rather than through presentation of a token).
We anticipate that the online pharmaceutical spend will reach around $3.0bn by 2025, which will represent around 14% of the total pharmaceutical expenditure.
This report is based on our ePharma dashboard, which provides forecasts for key ePharma metrics in the Australian market. A link to the ePharma dashboard is included in the report.