In 2023, Croatia led global hypnotic and sedative medicine sales per capita with $11. Belgium and Luxembourg followed at $6.9 and $5.2, respectively. Canada and Estonia also saw notable per capita sales at $3.9 and $2.3. The Czech Republic, Portugal, Chile, and Slovakia had moderate values, ranging from $1.7 to $2.1. Germany, Australia, Austria, and Italy had relatively lower per capita sales, with Italy at the bottom at $0.3.
Year-on-year changes in 2023 show mixed trends. Croatia and Chile saw significant increases of 0.18% and 8.45%, respectively, while Belgium and Luxembourg experienced declines of -1.91% and -5.77%. Canada, Estonia, Slovakia, and Germany observed positive growth, while Portugal and Australia experienced declines. Italy showed a notable year-on-year increase of 8.45%.
The Compound Annual Growth Rate (CAGR) over the last five years highlights long-term trends, indicating that future growth needs to be considered with varying regional dynamics. Monitoring the economic, regulatory, and healthcare landscape will be crucial in understanding these trends.
Future trends to watch for include the impact of changes in healthcare policies, evolving consumer preferences towards natural or alternative therapies, advancements in pharmaceutical technologies, and economic conditions affecting purchasing power globally.
Top countries in Hypnotic and Sedative Medicine Sales by Country
| # | 10 Countries | US Dollars Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Croatia | 11 | 2023 | +1.85% | +0.18% | View data |
| 2 | 2 Belgium | 6.9 | 2023 | +2.99% | -1.91% | View data |
| 3 | 3 Luxembourg | 5.2 | 2023 | -1.89% | -5.77% | View data |
| 4 | 4 Canada | 3.9 | 2023 | -2.5% | +1.06% | View data |
| 5 | 5 Estonia | 2.3 | 2023 | +9.52% | +3.9% | View data |
| 6 | 6 Czech Republic | 2.1 | 2023 | +23.53% | 0% | View data |
| 7 | 7 Portugal | 1.9 | 2023 | 0% | -1.98% | View data |
| 8 | 8 Chile | 1.8 | 2023 | +5.88% | +8.45% | View data |
| 9 | 9 Slovakia | 1.7 | 2023 | +6.25% | +3.96% | View data |
| 10 | 10 Germany | 1.3 | 2023 | 0% | +1.61% | View data |
