In 2023, the value of antiarrhythmic medicine sales in Australia stood at $20.3 million USD PPP. In 2024, sales are forecasted to reach $20.9 million, representing a year-on-year increase of approximately 3%. The upward trend continues with projected values of $21.6 million in 2025, $22.2 million in 2026, $22.7 million in 2027, and $23.1 million in 2028. This steady growth indicates a consistent annual compound growth rate (CAGR) of around 2.6% over the period from 2024 to 2028.
Future trends to watch for include:
- Advances in medical technology which could lead to new, more effective treatments.
- Changes in healthcare policies and reimbursement scenarios affecting medication accessibility.
- Shifts in demographic factors, such as an aging population, which may drive higher demand.