How has the pharmaceutical industry changed with the advent of COVID-19? What are the trends emerging in the over-the-counter, prescription and dietary supplement sectors?
The pharmaceutical sector, with the advent of the COVID-19 pandemic, has generally experienced a sharp decline in sales .
According to data processe by Assosalute from those collected by IQVIA – world leader in data processing and analysis in the healthcare sector – however, in parallel with the outbreak of the pandemic between February and March 2021, consumption in the pharmaceutical sector experience a surge that can be interprete as the phenomenon of hoarding medicines for fear of a shortage of medicines – a bit like what happened at the same time with the assault on supermarkets.
The rest of the year, however, turnover nepal phone number data and consumption experienced a significant decline compared to 2019 , by -6.6% and -8.8% respectively. Thanks to social distancing, the use of masks and frequent hand washing and the use of disinfectant gels, as well as the introduction of anti-contagion measures with differential forms of containment, the circulation of influenza and parainfluenza viruses has been considerably contained compared to previous years, a figure also confirmed by the National Institute of Health. Medicines used in the treatment of respiratory diseases , in fact, have seen their consumption literally halved compared to the same months of 2019.
The average number of consumers requesting funding from grant-making in pharmacies (calculate on the number of receipts issued) for the whole of 2020 was lower than that of the previous year, a trend which seems to be confirm for 2021 as well.
In addition, from the data collected by IQVIA, it emerges that in. The first weeks of 2021 (specifically, until March 21), there was an increase in receipts for multi-category products . The categories include: prescription drugs, over-the-counter drugs, parapharmaceuticals and personal care products (such as cosmetics or nutritional products). The only exception is the parapharmaceutical sector , which, including products such as thermometers. Masks and oximeters, also saw an increase in spending per product.
Nutraceuticals and the pharmaceutical market: a growing sector of food supplements
During the pandemic, unlike phone number vietnam the pharmaceutical sector, the food supplement sector grew by 0.8% in 2020. In particular, in the first 8 months of the year, sales of vitamins. And minerals to strengthen the immune system and take care of one’s well-being increa by 4%.