Pharmaceutical Sales Trends: Comprehensive Drug Demand Analysis
Pharmacy photo from Freepik
Introduction
In a data-driven exploration of pharmaceutical sales, I used Power BI to analyze demand fluctuations for various drug classes in a pharmacy in Niš, Serbia. This project, spanning six years (2014–2019), provided insights into drug consumption patterns, seasonal demands, and the impact of weekly trends. Here's a deep dive into the methods, insights, and visual storytelling that brought this data to life.
Project Overview
The goal of this analysis was to uncover patterns in the sales of pharmaceuticals, categorized under the Anatomical Therapeutic Chemical (ATC) classification system. This system groups drugs based on their therapeutic use, providing clarity on the types of medications analyzed and the overall trends across six years.
Data Source: https://www.kaggle.com/datasets/milanzdravkovic/pharma-sales-data/data
License: https://creativecommons.org/licenses/by-nc/4.0/
Original Authors: Zdravković, M., Đorđević, J., Catić-Đorđević, A., Pavlović, S., Ivković, M. Case study: univariate time series analysis and forecasting of pharmaceutical products' sales data at small scale. In: Zdravković, M., Konjović, Z., Trajanović, M. (Eds.) ICIST 2020 Proceedings, pp.1–4, 2020
Understanding the Data
The dataset comprised:
- Hourly Sales Data: Sales volumes measured in grams, captured hourly, across drug categories.
- ATC Drug Class Info: Supplementary data on each drug category's purpose, description, and cumulative sales volumes in grams.
Table of drug classes and their descriptions
This combination of time-stamped sales data and drug classification enabled a detailed exploration of trends based on usage, demand, and seasonality.
Project Details
Category
Healthcare
Date
November 6, 2024
Tools Used
Key Metrics
Time Period
6 Years (2014-2019)
Records Analyzed
50,000+
Top Selling Category
N02B3 (Pain relief)
Peak Sales Days
Weekends
Feature Highlights
- •Weekly demand pattern analysis
- •Seasonal trend identification
- •Drug category performance comparison
- •Interactive calendar view
- •Multi-page dashboard with filters
You might also like
You might also like
Maven Cafe Card Rewards Program
Analyzing customer engagement and optimizing promotional strategies for Maven Cafe's rewards program.
Bank Customer Churn Analysis
Analyzing factors that influence customer retention in banking services.
Hotel Booking Analysis
Exploring patterns and trends in hotel booking data to optimize operations.