The government's efforts to promote generic analgesics has led to wider consumption of such products and It is expected that this trend will continue in the coming years. During the pandemic, the Peruvian government established a list of generic drugs that must be sold at pharmacies throughout the country, which includes analgesics such as paracetamol and ibuprofen.
In the initial months following the outbreak of the COVID-19 pandemic, ibuprofen emerged as one of the fastest growing analgesics products. However, a worldwide alert concerning the danger of consuming Ibuprofen when infected with COVID-19 brought this growth to halt.
Bayer has a strong position in aspirin with its powerful brand that promises to provide rapid pain relief and support cardiovascular health. However, aspirin is considered a very specific analgesic that helps support only very specific ailments as opposed to Acetaminophen and Ibuprofen that treat a broad spectre of symptoms.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Peru with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Analgesics
Analgesics cover systemic and topical pain relievers. Products which include a pain-relief ingredient in addition to another core function are excluded (e.g. a sore throat remedy which includes paracetamol is excluded from the analgesics and instead is included in pharyngeal remedies).
See All of Our DefinitionsThis report originates from Passport, our Analgesics research and analysis database.
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