OTC Healthcare in Dominican Republic
Euromonitor International's OTC Healthcare in Dominican Republic market report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.
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Tables: 68 | Publication date: Feb 2008
Why buy this report
- Get insight into trends in market performance
- Pinpoint growth sectors and identify factors driving change
- Identify market and brand leaders and understand the competitive environment
Product coverage
Adult mouthcare; Allergy care; Analgesics; Calming and sleeping products; Child-specific OTC healthcare; Cough; cold and allergy (hay fever) remedies; Digestive remedies; Ear care; Emergency contraception; Eye care; Medicated skin care; NRT Smoking cessation aids; OTC obesity; OTC statins; OTC triptans; Vitamins and dietary supplements; Wound treatments
Executive summary
OTC Products Still too Expensive
The economic crisis of 2003, caused a deterioration of the wealth of many Dominicans. Disposable income decreased while the number of people living in poverty increased. Despite the promotion of cheaper generic products by public health authorities, access to affordable medications remains a problem for many Dominicans. Only a small group of higher income, well educated Dominicans has easy access to OTC products.
Generics Dominate
The Ministry of Public Health has the policy of promoting generics to make medicines more affordable. Public health physicians are prescribing generic analgesics like Diclofenac, which is popular due to the lower price. The result of these has been for local manufacturers to produce more generic products. International players with expensive branded drugs will find it difficult to sell their products and be competitive, unless they import cheap generics.
Dominicans Not Ready for Vitamins and Dietary Supplements
Many lower income Dominicans still consider medicines a basic need in case of illness, but do not have the means to take OTC medicines, meant to prevent illness. Companies like Nature’s Sunshine Products have stimulated the awareness for vitamins and dietary supplements which can improve health and prevent illnesses. These products have only appealed to higher income, well-educated Dominicans who can afford them. Although demand for these products has grown in recent years, further growth seems to be limited.
Obesity a Growing Problem
Although demand for obesity products is still very small, growing obesity problems, especially for young Dominicans may lead to a growing demand for these products.
Local Players Gain Share
The economic crisis of 2003 and the sharp rise in dollar-to-peso exchange rate made foreign OTC healthcare products unaffordable and put local players in the running. Local producers now provide some 60% of Dominican pharmaceuticals. Local producers are in a good position to prolong this growth in company share if the tendency for cheaper generic products continues.
Table of contents
OTC HEALTHCARE IN DOMINICAN REPUBLIC : MARKET INSIGHT
EXECUTIVE SUMMARY
OTC Products Still too Expensive
Generics Dominate
Dominicans Not Ready for Vitamins and Dietary Supplements
Obesity a Growing Problem
Local Players Gain Share
MARKET INDICATORS
Table 1 Life Expectancy at Birth 2001-2006
MARKET DATA
Table 2 Sales of OTC Healthcare by Sector: Value 2001-2006
Table 3 Sales of OTC Healthcare by Sector: % Value Growth 2001-2006
Table 4 OTC Healthcare Company Shares by Retail Value 2002-2006
Table 5 OTC Healthcare Brand Shares by Retail Value 2003-2006
Table 6 Sales of OTC Healthcare by Distribution Format: % Analysis 2001/2006
Table 7 Sales of OTC Healthcare by Sector and Distribution Format: % Analysis 2006
Table 8 Forecast Sales of OTC Healthcare by Sector: Value 2006-2011
Table 9 Forecast Sales of OTC Healthcare by Sector: % Value Growth 2006-2011
APPENDIX
OTC Registration and Classification
Vitamins and Dietary Supplements Registration and Classification
Generics
Consumer Expenditure on Health Goods and Medical Services
DEFINITIONS
Sources
Summary 1 Research Sources
GRUPO SUED SA
Strategic Direction
Key facts
Summary 2 Grupo Sued SA: Key Facts
Company Background
Production
Competitive Positioning
LABORATORIOS DE APLICACIONES MEDICAS SA (LAM)
Strategic Direction
Key Facts
Summary 3 Laboratorios De Aplicaciones Medicas SA: Key Facts
Company Background
Production
Competitive Positioning
DANIEL ESPINAL C POR A
Strategic Direction
Key Facts
Summary 4 Daniel Espinal C por A: Key Facts
Company Background
Production
Competitive Positioning
SUIPHAR SA
Strategic Direction
Key Facts
Summary 5 Suiphar SA: Key Facts
Company Background
Production
Competitive Positioning
ANALGESICS IN THE DOMINICAN REPUBLIC
Headlines
Trends
Competitive Landscape
Prospects
Sector Data
Table 10 Sales of Analgesics by Subsector: Value 2001-2006
Table 11 Sales of Analgesics by Subsector: % Value Growth 2001-2006
Table 12 Herbal vs Standard Topical Analgesics 2001/2006
Table 13 Analgesics Company Shares by Retail Value 2002-2006
Table 14 Analgesics Brand Shares by Retail Value 2003-2006
Table 15 Forecast Sales of Analgesics by Subsector: Value 2006-2011
Table 16 Forecast Sales of Analgesics by Subsector: % Value Growth 2006-2011
COUGH, COLD AND ALLERGY (HAY FEVER) REMEDIES IN THE DOMINICAN REPUBLIC
Headlines
Trends
Competitive Landscape
Prospects
Sector Data
Table 17 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Subsector: Value 2001-2006
Table 18 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Subsector: % Value Growth 2001-2006
Table 19 Sales of Decongestants by Type: Value 2001-2006
Table 20 Sales of Decongestants by Type: % Value Growth 2001-2006
Table 21 Sales of Child-specific Cough, Cold and Allergy (Hay Fever) Remedies by Type: Value 2001-2006
Table 22 Sales of Child-specific Cough, Cold and Allergy (Hay Fever) Remedies by Type: % Value Growth 2001-2006
Table 23 Herbal vs Standard Cough, Cold and Allergy (Hay Fever) Remedies 2001/2006
Table 24 Cough, Cold and Allergy (Hay Fever) Remedies Company Shares by Retail Value 2002-2006
Table 25 Cough, Cold and Allergy (Hay Fever) Remedies Brand Shares by Retail Value 2003-2006
Table 26 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Subsector: Value 2006-2011
Table 27 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Subsector: % Value Growth 2006-2011
DIGESTIVE REMEDIES IN THE DOMINICAN REPUBLIC
Headlines
Trends
Competitive Landscape
Prospects
Sector Data
Table 28 Sales of Digestive Remedies by Subsector: Value 2001-2006
Table 29 Sales of Digestive Remedies by Subsector: % Value Growth 2001-2006
Table 30 Herbal vs Standard Digestive Remedies 2001/2006
Table 31 Digestive Remedies Company Shares by Retail Value 2002-2006
Table 32 Digestive Remedies Brand Shares by Retail Value 2003-2006
Table 33 Forecast Sales of Digestive Remedies by Subsector: Value 2006-2011
Table 34 Forecast Sales of Digestive Remedies by Subsector: % Value Growth 2006-2011
MEDICATED SKIN CARE IN THE DOMINICAN REPUBLIC
Headlines
Trends
Competitive Landscape
Prospects
Sector Data
Table 35 Sales of Medicated Skin Care by Subsector: Value 2001-2006
Table 36 Sales of Medicated Skin Care by Subsector: % Value Growth 2001-2006
Table 37 Herbal vs Standard Medicated Skin Care 2001/2006
Table 38 Forecast Sales of Medicated Skin Care by Subsector: Value 2006-2011
Table 39 Forecast Sales of Medicated Skin Care by Subsector: % Value Growth 2006-2011
VITAMINS AND DIETARY SUPPLEMENTS IN THE DOMINICAN REPUBLIC
Headlines
Trends
Competitive Landscape
Prospects
Sector Data
Table 40 Sales of Vitamins and Dietary Supplements by Subsector: Value 2001-2006
Table 41 Sales of Vitamins and Dietary Supplements by Subsector: % Value Growth 2001-2006
Table 42 Sales of Vitamins by Type: Value 2001-2006
Table 43 Sales of Vitamins by Type: % Value Growth 2001-2006
Table 44 Vitamins and Dietary Supplements Company Shares by Retail Value 2002-2006
Table 45 Vitamins and Dietary Supplements Brand Shares by Retail Value 2003-2006
Table 46 Vitamins Brand Shares by Retail Value 2003-2006
Table 47 Sales of Dietary Supplements by Type: Value 2001-2006
Table 48 Sales of Dietary Supplements by Type: % Value Growth 2001-2006
Table 49 Dietary Supplements Brand Shares by Retail Value 2003-2006
Table 50 Forecast Sales of Vitamins and Dietary Supplements by Subsector: Value 2006-2011
Table 51 Forecast Sales of Vitamins and Dietary Supplements by Subsector: % Value Growth 2006-2011
EYE CARE IN THE DOMINICAN REPUBLIC
Trends
Sector Data
Table 52 Sales of Eye Care by Subsector: Value 2001-2006
Table 53 Sales of Eye Care by Subsector: % Value Growth 2001-2006
Table 54 Eye Care Company Shares by Retail Value 2002-2006
Table 55 Eye Care Brand Shares by Retail Value 2003-2006
Table 56 Forecast Sales of Eye Care by Subsector: Value 2006-2011
Table 57 Forecast Sales of Eye Care by Subsector: % Value Growth 2006-2011
WOUND TREATMENTS IN THE DOMINICAN REPUBLIC
Trends
Sector Data
Table 58 Sales of Wound Treatments by Subsector: Value 2001-2006
Table 59 Sales of Wound Treatments by Subsector: % Value Growth 2001-2006
Table 60 Wound Treatments Company Shares by Retail Value 2002-2006
Table 61 Wound Treatments Brand Shares by Retail Value 2003-2006
Table 62 Forecast Sales of Wound Treatments by Subsector: Value 2006-2011
Table 63 Forecast Sales of Wound Treatments by Subsector: % Value Growth 2006-2011
EAR CARE IN THE DOMINICAN REPUBLIC
Trends
ADULT MOUTH CARE IN THE DOMINICAN REPUBLIC
Trends
CALMING AND SLEEPING PRODUCTS IN THE DOMINICAN REPUBLIC
Trends