Boston, MA -- (ReleaseWire) -- 07/11/2014 -- Current value sales of analgesics grew by 5% in 2013, only slightly slower than in 2012. Analgesics benefits from the growing self-medication trend. Consumers are used to buying analgesics to relieve pain in a particular part of the body, mostly headaches, or reducing a fever. Busy lifestyles force consumers to save time by avoiding a time to the doctor when the first symptoms of a particular disease occur. They often choose to buy an analgesic they have had a positive experience with.
The leading player, Zentiva, held a 50% share of retail value sales in 2013, thanks to the strong promotion of its Ibalgin and Paralen brands through leaflets in pharmacies. Among the first analgesics on the market, almost every consumer has come into contact with and knows these brands very well. Therefore, consumers often look for their products.
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A 3% CAGR at constant 2013 prices is expected over the forecast period, thanks to the positive development of ibuprofen and paediatric analgesics. However, analgesics will suffer as more Slovak consumers focus more on prevention. Thus, the incidence of illness/disease is unlikely to increase over the forecast period.
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The Analgesics in Slovakia market research report includes:
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Our market research reports answer questions such as:
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Product coverage: Systemic Analgesics, Topical Analgesics/Anaesthetic.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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