The revenue change in the 'Analgesics' segment of the otc pharmaceuticals market in the Philippines was forecast to decrease between 2024 and 2029 by in total 1.5 percentage points. This overall decrease does not happen continuously, notably not in 2026 and 2027. The indicator is estimated to amount to 9.01 percent in 2029.
Data provided by Statista Market Insights are estimates.
Definition: The Analgesics market comprises over-the-counter natural and synthetic non-opioid analgesics (only in approved low doses) like Paracetamol, Ibuprofen, Aspirin, Diclofenac and other pain-relieving preparations. Legislation on opioid analgesics differs from country to country. According to the respective state legislation, legal opioid analgesics are included. In Germany, Austria and Switzerland, for instance, opioid analgesics are only included if they are not limited by the narcotics law and do not require prescription. Analgesics are included in the form of pills, capsules, gels and ointments. Not included are prescription medicines (e.g. morphine), anesthetics and homeopathic remedies. Among the top-selling painkillers are Voltaren, Aspirin, Thomapyrin, Ibuprofen, Dolormin, Paracetamol and ASS. It includes both products which are exclusively sold in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.
Additional information: The Analgesics market comprises revenues, average revenue per capita. Sales channels show online and offline revenue. Revenues include VAT. The market only displays B2C revenues, hence B2B and B2G revenues are not included. For more information on the data displayed, use the info button next to the boxes.
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Statista. (April 8, 2024). Revenue growth of the analgesics market in the Philippines from 2019 to 2029 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/1197192/revenue-analgesics-philippines
Statista. "Revenue growth of the analgesics market in the Philippines from 2019 to 2029." Chart. April 8, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/1197192/revenue-analgesics-philippines
Statista. (2024). Revenue growth of the analgesics market in the Philippines from 2019 to 2029. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/1197192/revenue-analgesics-philippines
Statista. "Revenue Growth of The Analgesics Market in The Philippines from 2019 to 2029." Statista, Statista Inc., 8 Apr 2024, https://www.statista.com/forecasts/1197192/revenue-analgesics-philippines
Statista, Revenue growth of the analgesics market in the Philippines from 2019 to 2029 Statista, https://www.statista.com/forecasts/1197192/revenue-analgesics-philippines (last visited August 25, 2024)
Revenue growth of the analgesics market in the Philippines from 2019 to 2029 [Graph], Statista, April 8, 2024. [Online]. Available: https://www.statista.com/forecasts/1197192/revenue-analgesics-philippines