Paracetamol is a popular painkiller and fever reducer. It is a white and crystalline powder that is frequently used to treat mild to moderate pain, such as headaches, toothaches, and menstrual cramps. The mechanism by which paracetamol works is to stop the body from producing specific molecules that result in pain and fever.
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When used as instructed, it is considered safe and effective and is frequently sold in tablets, capsules, and liquid. However, caution should be exercised to prevent going over the advised dosage because paracetamol excesses can result in severe liver damage. One of the most often used painkillers in the world, paracetamol is listed on the WHO’s list of essential medicines.
Key Details About the Paracetamol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Paracetamol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Paracetamol Price Trends, including India Iron price, USA Iron price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Paracetamol Price Trend:
One of the primary uses of paracetamol is to cure disorders that cause pain, such as back pain, arthritis, and headaches. The rising global burden of diseases linked to pain drives the demand for effective pain management medications like paracetamol. Another element fueling the industry for paracetamol is the growing trend toward self-medication. People who need pain and fever treatment frequently turn to paracetamol because it is easily accessible over the counter. The demand for paracetamol is also rising as a result of its affordability in comparison to other painkillers and its reputation for safety and efficacy when used as directed. The rising understanding of paracetamol’s efficacy and safety worldwide is feeding the drug’s demand.
Key Players:
- Abbott
- Janssen Pharmaceuticals
- Bristol-Myers Squibb and Company
- Cardinal Health Inc
- Viatris
- Procter and Gamble Company
News & Recent Development
- 6 May 2023- IOL Chemicals gets nod to export paracetamol in European market- The European Directorate for the Quality of Medicines & HealthCare (EDQM) has granted IOL Chemicals and Pharmaceuticals Limited (IOL), a producer of pharmaceutical (APIs) and specialty chemicals, a Certificate of Suitability (CEP) to export paracetamol in the European market. Commonly prescribed medications for pain relief and fever treatment contain paracetamol.
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