Mosquitoes are known to cause dengue fever, which if not promptly treated could be fatal. The incidence increases during the rainy season as the accumulated pools of water from the rain can serve as a breeding ground for mosquitoes. The Department of Health (DOH), however, warns the public to remain cautious for outbreaks can occur even during the summer months. Mosquitoes are also known to cause chikungunya, which exhibits symptoms similar to those of dengue fever. There is currently no cure for this non-fatal disease and treatment involves addressing its symptoms of fever, joint pain and rashes with analgesics such as ibuprofen, naproxen or acetaminophen.
Competitive Landscape
United Laboratories Inc continued to lead analgesics with value sales accounting for 54% of the total in 2013. Its dominance is attributed to the lead enjoyed by its brands in different categories. Biogesic, for instance, was the top adult acetaminophen brand and ranked second in the paediatric acetaminophen category in 2013. Medicol led the ibuprofen category whilst Alaxan dominated other combination products-analgesics brands. The company is able to successfully build its brands into category leadership through adequate advertising, competitive pricing and maintenance of its quality standards.
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Industry Prospects
Mosquito-borne diseases are expected to remain a health problem given the lack of a vaccine that could provide immunity against these illnesses. Though preventive measures can be taken to decrease the breeding ground of mosquitoes, total protection against mosquito bites is difficult to achieve. Individuals, thus, are predicted to maintain their vigilance on symptoms of dengue fever and promptly treat it before it progresses to unmanageable levels.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Analgesics industry in Philippines with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Analgesics industry in Philippines, our research will save you time and money while empowering you to make informed, profitable decisions.
The Analgesics in Philippines market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001