A boon for population Global OTC drugs market
Over The Counter (OTC) Drugs Market by Product Type and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (20162021)
(EMAILWIRE.COM, April 12, 2017 ) According to the report Global OTC drugs , published by Market Data Forecast, the global market is projected to reach USD 188.19 billion by 2021, at a CAGR of 7.4% from 2016 to 2021.
For full report refer to http://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/
Over the counter (OTC) drugs are the effective and safe drugs, which can be bought at the pharmacies and local stores, over the counter, without doctors prescription. These OTC Drugs Market are seldom used for common ailments. They are dispensed by the pharmacists, after the verification of customers age and identification. Acetaminophen, aspirin and ibuprofen are the most common OTC drugs. OTC drugs market is booming with the allowance of previously high-priced prescribed drugs, shifting to OTC category.
Free sample of the report is available at http://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/request-sample
OTC drugs are developed under OTC Monograph process or through New Drug Application (NDA) process. These drugs come with a monograph on which the ingredients of the drug, dosage and user instructions are written. Easy accessibility, lower costs, convenience, customer-empowering qualities are the benefits of OTC drugs. With the increasing number of chemists and pharma dispensaries, the drugs are readily available.
Enquire more about the report here http://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/inquire
Public started showing pro-active approach towards the ailments. Along with that, they are also resorting to lower-priced alternatives due to raising costs in healthcare. The cultural shift in public towards self-reliance leads in gaining major acquisitions. These are some of the drivers that shoot up the market growth. However, the market growth is hindered due to the issue of drug substance abuse and lack of awareness in under-developed areas.
For granular level understanding the OTC Drugs Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
Based on Type:
Analgesics
Cough, Cold and Flu Products
Vitamins and Minerals
Dermatological Products
Gastrointestinal Products
Ophthalmic Products
Sleep Aid Products
Weight Loss/Diet Products
Others
Based on Formulation:
Tablets
Liquids
Ointments
Sprays
Based on Distribution Channels:
Pharmacies
Supermarkets/Hypermarkets
Convenience Stores
Others (Online drug stores)
Based on geography, the report contains a wide array of countries covering all around the globe. Countries in the North American and European region are the top contributors to this market. China, Japan, India, Brazil and Argentina are identified as the predominant markets for OTC Drugs. For more of regional analysis check out the following reports.
North America OTC Drugs Market
Europe OTC Drugs Market
Asia-Pacific OTC Drugs Market
Latin America OTC Drugs Market
Middle East and Africa OTC Drugs Market
Buy now http://www.marketdataforecast.com/cart/buy-now/global-over-the-counter-drugs-market-509
The major companies operating in the global OTC Drugs Market are GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, GSK Boehringer Ingelheim, Sanofi, Takeda and PGT Healthcare. Top five mega categories within OTC contribute about 72% of total OTC sales: Respiratory ($7.7B), Oral Care ($4.2B), Gastrointestinal ($4.2B), Internal Analgesics ($3.8B), and Eye Care ($1.7B)
The OTC Drugs Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
Segment-level analysis on basis of type, formulation, distribution channel along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the global market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Drugs Segment:
Anti-Aging Market: http://www.marketdataforecast.com/market-reports/global-anti-aging-market-1398/
Anticoccidial Drugs Market: http://www.marketdataforecast.com/market-reports/global-anticoccidial-drugs-market-13/
Antifungal Drugs Market: http://www.marketdataforecast.com/market-reports/global-anti-fungal-drugs-market-242/
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options.
For more info kindly visit, www.marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
For full report refer to http://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/
Over the counter (OTC) drugs are the effective and safe drugs, which can be bought at the pharmacies and local stores, over the counter, without doctors prescription. These OTC Drugs Market are seldom used for common ailments. They are dispensed by the pharmacists, after the verification of customers age and identification. Acetaminophen, aspirin and ibuprofen are the most common OTC drugs. OTC drugs market is booming with the allowance of previously high-priced prescribed drugs, shifting to OTC category.
Free sample of the report is available at http://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/request-sample
OTC drugs are developed under OTC Monograph process or through New Drug Application (NDA) process. These drugs come with a monograph on which the ingredients of the drug, dosage and user instructions are written. Easy accessibility, lower costs, convenience, customer-empowering qualities are the benefits of OTC drugs. With the increasing number of chemists and pharma dispensaries, the drugs are readily available.
Enquire more about the report here http://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/inquire
Public started showing pro-active approach towards the ailments. Along with that, they are also resorting to lower-priced alternatives due to raising costs in healthcare. The cultural shift in public towards self-reliance leads in gaining major acquisitions. These are some of the drivers that shoot up the market growth. However, the market growth is hindered due to the issue of drug substance abuse and lack of awareness in under-developed areas.
For granular level understanding the OTC Drugs Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
Based on Type:
Analgesics
Cough, Cold and Flu Products
Vitamins and Minerals
Dermatological Products
Gastrointestinal Products
Ophthalmic Products
Sleep Aid Products
Weight Loss/Diet Products
Others
Based on Formulation:
Tablets
Liquids
Ointments
Sprays
Based on Distribution Channels:
Pharmacies
Supermarkets/Hypermarkets
Convenience Stores
Others (Online drug stores)
Based on geography, the report contains a wide array of countries covering all around the globe. Countries in the North American and European region are the top contributors to this market. China, Japan, India, Brazil and Argentina are identified as the predominant markets for OTC Drugs. For more of regional analysis check out the following reports.
North America OTC Drugs Market
Europe OTC Drugs Market
Asia-Pacific OTC Drugs Market
Latin America OTC Drugs Market
Middle East and Africa OTC Drugs Market
Buy now http://www.marketdataforecast.com/cart/buy-now/global-over-the-counter-drugs-market-509
The major companies operating in the global OTC Drugs Market are GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, GSK Boehringer Ingelheim, Sanofi, Takeda and PGT Healthcare. Top five mega categories within OTC contribute about 72% of total OTC sales: Respiratory ($7.7B), Oral Care ($4.2B), Gastrointestinal ($4.2B), Internal Analgesics ($3.8B), and Eye Care ($1.7B)
The OTC Drugs Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
Segment-level analysis on basis of type, formulation, distribution channel along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the global market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Drugs Segment:
Anti-Aging Market: http://www.marketdataforecast.com/market-reports/global-anti-aging-market-1398/
Anticoccidial Drugs Market: http://www.marketdataforecast.com/market-reports/global-anticoccidial-drugs-market-13/
Antifungal Drugs Market: http://www.marketdataforecast.com/market-reports/global-anti-fungal-drugs-market-242/
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options.
For more info kindly visit, www.marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results