OTC Healthcare in Slovakia
Euromonitor International's OTC Healthcare in Slovakia 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: 90 | Publication date: Jul 2006
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; Vitamins and dietary supplements; Wound treatments
Executive summary
Long-term trend of increasing share of OTC healthcare in Slovakia
In Slovakia, over the last 10 years, the share of expenditure on pharmaceuticals accounted for by OTC healthcare has increased more than 10-fold, to an estimated 20%. There is still potential for a further increase in this share, since in some markets OTC healthcare accounts for over 25% of total expenditure. Domestic manufacturers of pharmaceuticals have responded to this rapid growth in the OTC market by increasing production of such products.
The government has contributed to the development of the OTC healthcare market by approving the switching of a greater number of pharmaceuticals from prescription-only to OTC. This has been driven by the need to restrain increases in the public health budget, by reducing the number of prescriptions given and the number of visits made to doctors.
Data regarding sales of total pharmaceuticals in 2005 indicate that the decline in 2004 was only temporary. In 2005, sales rose by 13% on the previous year. Regulations imposed by the Ministry of Health had only had a short-term impact, and in 2005 expenditure returned to growth.
Potential for growth in consumption of pharmaceuticals
The rise in expenditure on pharmaceuticals recorded in 2005 was mainly due to dynamic growth in real wages and thus a rise in the standard of living in Slovakia. Increased purchasing power was reflected in greater spending on medicines. Growth in expenditure on pharmaceuticals is forecast at 8% for 2006.
The fastest growing OTC sector is vitamins and dietary supplements that continue to grow intensively due to the increasing demand for these products among the Slovak population.
Advertising of OTC healthcare products
Advertising is a significant influence on decision-making for Slovak purchasers of OTC healthcare products. Although most consumers of OTC healthcare pharmaceuticals claim that they are not influenced by advertising, 28% do decide to buy on the basis of advertisements. Research suggests that women are more influenced by advertising than men when buying OTC pharmaceuticals.
The leading player in OTC in 2005 was Zentiva a.s. with the share of around 27% followed by Walmark sro with 6% share. Setuza has enjoyed competitive advantage over other firms due to its long presence in the market and its high quality products.
The future is bright
OTC is expected to achieve positive growth in the forecast period. The CAGR for the forecast period is expected to be around 3% - slightly lower growth as compared to the review period. This is due to the growing prices of OTC healthcare products over the forecast period.
Table of contents
OTC HEALTHCARE IN SLOVAKIA : MARKET INSIGHT
EXECUTIVE SUMMARY
OPERATING ENVIRONMENT
OTC Registration and Classification
Vitamins and Dietary Supplements Registration and Classification
Advertising
Packaging and Labelling
Distribution
De-listing or De-reimbursement
Traditional Remedies
Homoeopathy
Generics
Consumer Expenditure on Health Goods and Medical Services
Table 1 Consumer Expenditure on Health Goods and Medical Services 2000-2005
Life Expectancy
Table 2 Life Expectancy at Birth 2000-2005
OTC HEALTHCARE SALES
Market Performance
Table 3 Sales of OTC Healthcare by Sector: Value 2000-2005
Table 4 Sales of OTC Healthcare by Sector: % Value Growth 2000-2005
Switches
Table 5 OTC Healthcare Switches 2004-2005
Competitive Environment
Table 6 OTC Healthcare Company Shares by Retail Value 2001-2005
Table 7 OTC Healthcare Brand Shares by Retail Value 2002-2005
Retail Distribution
Table 8 Sales of OTC Healthcare by Distribution Format: % Analysis 2000/2005
Table 9 Sales of OTC Healthcare by Sector and Distribution Format: % Analysis 2005
Retailer Activity and Private Label Trends
Forecast Market Performance
Table 10 Forecast Sales of OTC Healthcare by Sector: Value 2005-2010
Table 11 Forecast Sales of OTC Healthcare by Sector: % Value Growth 2005-2010
DEFINITIONS
LOCAL COMPANY PROFILES - SLOVAKIA
IMUNA AS - OTC HEALTHCARE - SLOVAKIA
COMPANY REVIEW
RECENT NEWS
Summary 1 Summary - Imuna Pharm as Operational Indicators 2005
PRODUCTION CAPACITY
IVAX PHARMACEUTICALS SRO - OTC HEALTHCARE - SLOVAKIA
COMPANY BACKGROUND
RECENT NEWS
Summary 2 Summary - Ivax Pharmaceutical sro Operational Indicators 2005
PRODUCTION CAPACITY
Summary 3 Summary - Ivax Pharmaceutical sro: Production Statistics 2003
WALMARK SRO - OTC HEALTHCARE - SLOVAKIA
COMPANY BACKGROUND
RECENT NEWS
Summary 4 Summary - Walmark Operational Indicators 2005
PRODUCTION CAPACITY
Summary 5 Summary - Walmark sro: Production Statistics 2004
ZENTIVA AS - OTC HEALTHCARE - SLOVAKIA
COMPANY BACKGROUND
2005 NEWS
Summary 6 Summary - Zentiva as Operational Indicators 2005
PRODUCTION CAPACITY
ANALGESICS IN SLOVAKIA
SECTOR PERFORMANCE
2005 headlines
Traditional products sees strong growth with Zentiva as in the dominant position
Advertising encourages people to consume fewer analgesics
Traditionally systemic analgesics with the highest growth in sector
Women consume more analgesics than men
Adult analgesics
Child-specific analgesics
Topical analgesics
Forecast performance
Table 12 Sales of Analgesics by Subsector: Value 2000-2005
Table 13 Sales of Analgesics by Subsector: % Value Growth 2000-2005
Table 14 Analgesics Company Shares by Retail Value 2001-2005
Table 15 Analgesics Brand Shares by Retail Value 2002-2005
Table 16 Forecast Sales of Analgesics by Subsector: Value 2005-2010
Table 17 Forecast Sales of Analgesics by Subsector: % Value Growth 2005-2010
TOPICAL ANALGESICS BY HERBAL/STANDARD SPLIT
Table 18 Herbal vs Standard Topical Analgesics 2000/2005
COUGH, COLD AND ALLERGY (HAY FEVER) REMEDIES IN SLOVAKIA
SECTOR PERFORMANCE
2005 headlines
Growth continues in 2005
Highest value growth for combination products
Coughs, colds and allergies increasingly treated by self-medication
Walmark expanded to this sector in 2005
Forecast performance
Table 19 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Subsector: Value 2000-2005
Table 20 Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Subsector: % Value Growth 2000-2005
Table 21 Cough, Cold and Allergy (Hay Fever) Remedies Company Shares by Retail Value 2001-2005
Table 22 Cough, Cold and Allergy (Hay Fever) Remedies Brand Shares by Retail Value 2002-2005
Summary 7 Summary - Cough, Cold and Allergy (Hay Fever) Remedies: New Product Launches 2004-2005
Table 23 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Subsector: Value 2005-2010
Table 24 Forecast Sales of Cough, Cold and Allergy (Hay Fever) Remedies by Subsector: % Value Growth 2005-2010
COUGH, COLD AND ALLERGY (HAY FEVER) REMEDIES BY HERBAL/STANDARD SPLIT
Table 25 Herbal vs Standard Cough, Cold and Allergy (Hay Fever) Remedies 2000/2005
DECONGESTANTS PERFORMANCE
Table 26 Sales of Decongestants by Type: Value 2000-2005
Table 27 Sales of Decongestants by Type: % Value Growth 2000-2005
CHILD-SPECIFIC COUGH, COLD AND ALLERGY (HAY FEVER) REMEDIES PERFORMANCE
Table 28 Sales of Child-specific Cough, Cold and Allergy (Hay Fever) Remedies by Type: Value 2000-2005
Table 29 Sales of Child-specific Cough, Cold and Allergy (Hay Fever) Remedies by Type: % Value Growth 2000-2005
DIGESTIVE REMEDIES IN SLOVAKIA
SECTOR PERFORMANCE
2005 headlines
Highest growth of review period in 2005
Stress is a major factor influencing consumption of digestive remedies
Diarrhoeal remedies lead growth in sales
Marginal price movement in 2005
Forecast performance
Table 30 Sales of Digestive Remedies by Subsector: Value 2000-2005
Table 31 Sales of Digestive Remedies by Subsector: % Value Growth 2000-2005
Table 32 Digestive Remedies Company Shares by Retail Value 2001-2005
Table 33 Digestive Remedies Brand Shares by Retail Value 2002-2005
Summary 8 Summary - Digestive Remedies: New Product Launches 2004-2005
Table 34 Forecast Sales of Digestive Remedies by Subsector: Value 2005-2010
Table 35 Forecast Sales of Digestive Remedies by Subsector: % Value Growth 2005-2010
DIGESTIVE REMEDIES BY HERBAL/STANDARD SPLIT
Table 36 Herbal vs Standard Digestive Remedies 2000/2005
OTHER INDIGESTION AND HEARTBURN REMEDIES PERFORMANCE
Table 37 Sales of Other Indigestion and Heartburn Remedies by Type: Value 2000-2005
Table 38 Sales of Other Indigestion and Heartburn Remedies by Type: % Value Growth 2000-2005
MEDICATED SKIN CARE IN SLOVAKIA
SECTOR PERFORMANCE
2005 headlines
Growth in sector sales slows slightly in 2005
Hair loss treatments see strongest growth
Topical allergy remedies/antihistamines also see strong value growth
Fenistil and Canesten are the leading brands
Forecast performance
Table 39 Sales of Medicated Skin Care by Subsector: Value 2000-2005
Table 40 Sales of Medicated Skin Care by Subsector: % Value Growth 2000-2005
Table 41 Medicated Skin Care Company Shares by Retail Value 2001-2005
Table 42 Medicated Skin Care Brand Shares by Retail Value 2002-2005
Summary 9 Summary - Medicated Skin Care: New Product Launches 2005
Table 43 Forecast Sales of Medicated Skin Care by Subsector: Value 2005-2010
Table 44 Forecast Sales of Medicated Skin Care by Subsector: % Value Growth 2005-2010
MEDICATED SKIN CARE BY HERBAL/STANDARD SPLIT
Table 45 Herbal vs Standard Medicated Skin Care 2000/2005
ACNE TREATMENTS BRAND SHARES
Table 46 Acne Treatments Brand Shares by Retail Value 2002-2005
HAIR LOSS TREATMENTS BRAND SHARES
Table 47 Hair Loss Treatments Brand Shares by Retail Value 2002-2005
VITAMINS AND DIETARY SUPPLEMENTS IN SLOVAKIA
SECTOR PERFORMANCE
2005 headlines
Growth slows but sector still the largest in OTC healthcare in 2005
Vitamins are perceived as best means to maintain health
Unit prices decline in 2005
Forecast performance
Table 48 Sales of Vitamins and Dietary Supplements by Subsector: Value 2000-2005
Table 49 Sales of Vitamins and Dietary Supplements by Subsector: % Value Growth 2000-2005
Table 50 Vitamins and Dietary Supplements Company Shares by Retail Value 2001-2005
Table 51 Vitamins and Dietary Supplements Brand Shares by Retail Value 2002-2005
Summary 10 Summary - Vitamins and Dietary Supplements: New Product Launches 2004-2005
Table 52 Forecast Sales of Vitamins and Dietary Supplements by Subsector: Value 2005-2010
Table 53 Forecast Sales of Vitamins and Dietary Supplements by Subsector: % Value Growth 2005-2010
VITAMINS PERFORMANCE
2005 headlines
Healthy value sales growth continues in 2005
Walmark is leader in multivitamins, Zentiva in single vitamins
Vitamin C the most popular single vitamin
Table 54 Sales of Vitamins by Type: Value 2000-2005
Table 55 Sales of Vitamins by Type: % Value Growth 2000-2005
Table 56 Vitamins Brand Shares by Retail Value 2002-2005
DIETARY SUPPLEMENTS PERFORMANCE
2005 headlines
Mineral and calcium supplements remain the most popular dietary supplements
Walmark has strong position among numerous competitors in mineral supplements
Sales of herbal extracts remain stable
Fish oil consumption on the increase
Table 57 Sales of Dietary Supplements by Type: Value 2000-2005
Table 58 Sales of Dietary Supplements by Type: % Value Growth 2000-2005
Table 59 Dietary Supplements Brand Shares by Retail Value 2002-2005
NRT SMOKING CESSATION AIDS IN SLOVAKIA
NUMBER OF SMOKERS
Table 60
SECTOR PERFORMANCE
2005 headlines
Growth in number of smokers slows down
GlaxoSmithKline enters the sector with NiQuitinCQ
Sales of smoking cessation aids see solid growth in 2005
Forecast performance
Table 61 Sales of NRT Smoking Cessation Aids by Subsector: Value 2000-2005
Table 62 Sales of NRT Smoking Cessation Aids by Subsector: % Value Growth 2000-2005
Table 63 NRT Smoking Cessation Aids Company Shares by Retail Value 2001-2005
Table 64 NRT Smoking Cessation Aids Brand Shares by Retail Value 2002-2005
Summary 11 Summary - NRT Smoking Cessation Aids: New Product Launches 2004-2005
Table 65 Forecast Sales of NRT Smoking Cessation Aids by Subsector: Value 2005-2010
Table 66 Forecast Sales of NRT Smoking Cessation Aids by Subsector: % Value Growth 2005-2010
EYE CARE IN SLOVAKIA
SECTOR PERFORMANCE
2005 headlines
Growth in eye care slows in 2005
Interest in eye care pills rising
Allergy eye care sees fastest growth
Visine success continues during the review period
Forecast performance
Table 67 Sales of Eye Care by Subsector: Value 2000-2005
Table 68 Sales of Eye Care by Subsector: % Value Growth 2000-2005
Table 69 Eye Care Company Shares by Retail Value 2001-2005
Table 70 Eye Care Brand Shares by Retail Value 2002-2005
Summary 12 Summary - Eye Care: New Product Launches 2004-2005
Table 71 Forecast Sales of Eye Care by Subsector: Value 2005-2010
Table 72 Forecast Sales of Eye Care by Subsector: % Value Growth 2005-2010
EAR CARE IN SLOVAKIA
SECTOR PERFORMANCE
Ear care
ADULT MOUTHCARE IN SLOVAKIA
SECTOR PERFORMANCE
Adult mouth care
CALMING AND SLEEPING PRODUCTS IN SLOVAKIA
SECTOR PERFORMANCE
Calming and sleeping products
WOUND TREATMENTS IN SLOVAKIA
SECTOR PERFORMANCE
2005 headlines
Wound treatments sees moderate growth
No new developments in wound treatments in 2005
Hartman-Rico and Chemophara keep the leadership
More sales were done through other distribution channels than pharmacies
Forecast performance
Table 73 Sales of Wound Treatments by Subsector: Value 2000-2005
Table 74 Sales of Wound Treatments by Subsector: % Value Growth 2000-2005
Table 75 Wound Treatments Company Shares by Retail Value 2001-2005
Table 76 Wound Treatments Brand Shares by Retail Value 2002-2005
Table 77 Forecast Sales of Wound Treatments by Subsector: Value 2005-2010
Table 78 Forecast Sales of Wound Treatments by Subsector: % Value Growth 2005-2010
EMERGENCY CONTRACEPTION IN SLOVAKIA
SECTOR PERFORMANCE
Emergency contraception