Solid retail current value growth is expected to continue for analgesics in Mexico in the forecast period. Access to analgesics is expected to continue to improve in the country moving forward, with the increased availability of OTC options in pharmacies and other retail establishments.
In addition to analgesics, there is likely to be growth in interest and availability for complementary and alternative therapies for pain management in Mexico, such as acupuncture, physical therapy, cognitive behavioural therapy, and meditation. This reflects a trend toward a holistic approach to health that addresses both the physical and emotional aspects of pain.
The approval of medicinal CBD usage has created avenues for innovation in formulations of topical analgesics/anaesthetic in Mexico. Brands such as CBD Life, exclusively marketed by Farmacias Similares, have introduced rubefacient ointments with CBD to the local market, although they are not considered OTC topical analgesics/anaesthetic.
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Understand the latest market trends and future growth opportunities for the Analgesics industry in Mexico 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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