Pharmacy Groups play an essential part in providing healthcare facilities in an accessible form. There are various big players in the pharmacy industry around the world. Here are the big 6 Australian Pharmacy Groups by revenue:
1. My Chemist Group
My Chemist Group has a market share of 23.3 percent in retail pharmacy with Chemist warehouse stores under its wings. It has grown from five stores in 1995 to 300 stores with annual sales of $4 billion. The Group also owns the chains My Beauty Sport and ePharmacy. It is estimated to increase further is revenue after a franchise agreement with Chemist Warehouse Berjaya Asia in Malaysia.
Company Revenue: $ 4 billion
2. Sigma Healthcare Limited
Sigma Pharmaceuticals was established in 1912 and has come a long way in the past 100 years. It is no more a co-operative company after 1996 and divested its manufacturing in 2011. It wants to concentrate on wholesale and retail distribution, including multi-channel elements. Sigma Pharmaceuticals covers 19.3 percent of retail pharmacy with brands like Amcal, Chemist King, Guardian, PharmaSave, and Discount Drug Stores. The company also is a critical player in the wholesale market, supplying to independent pharmacies.
Company Revenue: $ 4.3 billion
3. Terry White Chemmart Group
In 2016 the Terry White Group merged with Chemmart and has 500 pharmacies under the banner Terry White Chemmart now. Together they claim 10.2 percent of the market share of the company recorded a growth of 3.5 percent in the financial year of 2017 and generates annual sales of $2 billion. The Australian based Symbion company owns Terry White Group and Chemmart Group under the ownership of Zuellig Healthcare Holdings Australia Pty Limited.
Company Revenue: $ 2 billion
4. Australian Pharmaceutical Industries Limited
Australian Pharmaceutical Industries Limited (API) is a company with three main business areas- pharmacy distribution, retailing, and healthcare products. The company operates through the brands Priceline, Pharmacist Advice, Soul Pattinson Chemist, Pharmacy Best Buys, and Club Premium. With these brands and independent wholesale businesses, the API has 10.2 percent of the market share of the retail industry. In nine years, the company’s sales have grown from $1.9 million to $3.4 million. In April 2012, the company announced its intention to increase its retail business to acquire 50 percent of its sales from retail from 30 per cent of Priceline. It also launched an online Priceline store in June 2012.
Company Revenue: $ 4,035,373,000 (2018)
5. EBOS Group Limited
EBOS Group is a company with operations in New Zealand and Australia in the field of pharmacy, healthcare, animal health products. It manufactures and distributes products as wholesalers and through franchises too.
Company Revenue: $ 4 billion
6. National Pharmacies
National Pharmacies is a mutual organization based in South Australia and was established under the name Friendly Society Medical Association (FSMA). It generated sales of $304.3 million with 57 pharmacies under its wings. It operates as a PBS medicines wholesaler and CSO distributor in South Australia and Victoria.
Company Revenue: $304.3 million
The demand for healthcare products is never going to decrease, but there are several factors like change in market conditions or government policies that might have a positive, negative, or a mixed effect on the future revenue of these companies.