"Analgesics in Uruguay" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Sun Dec 13 2015

Analgesics is one of the categories with the highest consumption increase amongst Uruguayan population due to the self-medication growth. In Uruguay, self-medication is a growing concern amongst the sectors involved in the health field. There are many OTC medications, but authorities are concerned mainly about self-medication by psychotropic drugs, narcotics and tranquilisers (eg benzodiazepine). The second concern is the consumption of analgesics and anti-inflammatories and and the third concern is the antibiotics consumption. The sustained consumer demand for OTC analgesics can be explained by the well-established demand for these products and the general public confidence in analgesics amongst the population of Uruguay. Uruguay ranks amongst the top countries in Latin America in per capita consumer expenditure on analgesics, surpassed only by Peru, Costa Rica, Brazil and Venezuela measured in value terms.

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Competitive Landscape

Gramon Bagó de Uruguay SA is expected to continue leading analgesics sales in 2015, with 33% value share, followed by Bayer SA Uruguay with 13% value share. Gramon Bagó’s overwhelming success is the major reason for the popularity of its Dolanet brand, which is now available in the Dolanet Comprimidos and Dolanet Jarabe variants. The strong demand for these products continues sustaining the company’s leadership in acetaminophen. Furthermore, this product is compatible with any other anti-inflammatory medicines.

Industry Prospects

Analgesics development will be closely related to the evolution of the economy as well as with the main actions to control self-medication amongst the population. It is expected that increasing inflation would have a negative effect on analgesics growth.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Analgesics industry in Uruguay with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Analgesics industry in Uruguay, our research will save you time and money while empowering you to make informed, profitable decisions.

The?Analgesics in?Uruguay market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

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