North America leads the Over the Counter (OTC) Drugs Market in 2022
Over The Counter (OTC) Drugs Market By Product Type (Analgesics, Cough, Cold And Flu Products, Dermatological Products, Gastrointestinal Products, Vitamins, Minerals, Weight Loss Products, Sleep Aids, Ophthalmic Products, Smoking Cession Aids And Other Pr
(EMAILWIRE.COM, January 12, 2018 ) According to the report Over the Counter (OTC) Drugs Market, published by Market Data Forecast, the Global market is projected to reach USD 243,686.1 Million by 2022, at a CAGR of 8.55% from 2017 to 2022.
OTC drugs can be brought from a pharmacist without a doctors prescription. They are safe and effective. After age verification they are dispensed to a customer by the pharmacist. Aspirin is one of the most widely used OTC drug. They are made by OTC monograph. Sometimes new drugs are also discovered. They are easily available.
Get a comprehensive overview of the Over the Counter (OTC) Drugs Market: https://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/
Over The Counter (OTC) Drugs Market: Drivers & Restraints
Paradigm shift towards the usage of OTC drugs, cheap prices coupled with increasing cost of healthcare services, and more and more people becoming self-reliant are driving the growth of this market.
Increasing cases of drug abuse and lack of awareness and market penetration in less developed regions are the factors hindering market growth.
Get accurate market forecast and analysis on the Over The Counter (OTC) Drugs Market. Request a sample to stay up-to-date on the main trends affecting this market: https://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/request-sample
Over The Counter (OTC) Drugs Market: Segmentation
By Product Type
Analgesics
Cough, Cold and Flu Products
Vitamins and Minerals
Dermatological Products
Gastrointestinal Products
Ophthalmic Products
Sleep Aid Products
Weight Loss/Diet Products
Others
By Formulation Type
Tablets
Liquids
Ointments
Sprays
By Distribution Channels
Pharmacies
Supermarkets/Hypermarkets
Convenience stores
Others (Online Drug Stores)
By Geography
North America
o United States
o Canada
Europe
o U.K
o Spain
o Germany
o Italy
o France
Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America
Middle East & Africa
o Middle-East
o Africa
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at https://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/customize-report
Over The Counter (OTC) Drugs Market: Overview
Analgesics and dermatological are the segments which led the market in 2016. This trend is expected to continue in the forecast period.
North America accounted for the largest market share closely tailed by Europe. Asia Pacific is the third largest market. Increasing adoption rates is fuelling the demand in European countries. China and India are spearheading the Asian growth spurt. High growth rates are expected in the emerging economies of Latin America like Brazil. Reduced generic medicine prescription in US has brought about a downturn in the North American markets.
Over The Counter (OTC) Drugs Market: Key Players
Key players in the market include GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, GSK Boehringer Ingelheim, Sanofi, Takeda and PGT Healthcare. Other players in the market include GlaxoSmithKline, Johnson and Johnson, Novartis and Sanofi.
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 information, kindly visit, www.marketdataforecast.com.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
OTC drugs can be brought from a pharmacist without a doctors prescription. They are safe and effective. After age verification they are dispensed to a customer by the pharmacist. Aspirin is one of the most widely used OTC drug. They are made by OTC monograph. Sometimes new drugs are also discovered. They are easily available.
Get a comprehensive overview of the Over the Counter (OTC) Drugs Market: https://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/
Over The Counter (OTC) Drugs Market: Drivers & Restraints
Paradigm shift towards the usage of OTC drugs, cheap prices coupled with increasing cost of healthcare services, and more and more people becoming self-reliant are driving the growth of this market.
Increasing cases of drug abuse and lack of awareness and market penetration in less developed regions are the factors hindering market growth.
Get accurate market forecast and analysis on the Over The Counter (OTC) Drugs Market. Request a sample to stay up-to-date on the main trends affecting this market: https://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/request-sample
Over The Counter (OTC) Drugs Market: Segmentation
By Product Type
Analgesics
Cough, Cold and Flu Products
Vitamins and Minerals
Dermatological Products
Gastrointestinal Products
Ophthalmic Products
Sleep Aid Products
Weight Loss/Diet Products
Others
By Formulation Type
Tablets
Liquids
Ointments
Sprays
By Distribution Channels
Pharmacies
Supermarkets/Hypermarkets
Convenience stores
Others (Online Drug Stores)
By Geography
North America
o United States
o Canada
Europe
o U.K
o Spain
o Germany
o Italy
o France
Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America
Middle East & Africa
o Middle-East
o Africa
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at https://www.marketdataforecast.com/market-reports/global-over-the-counter-drugs-market-509/customize-report
Over The Counter (OTC) Drugs Market: Overview
Analgesics and dermatological are the segments which led the market in 2016. This trend is expected to continue in the forecast period.
North America accounted for the largest market share closely tailed by Europe. Asia Pacific is the third largest market. Increasing adoption rates is fuelling the demand in European countries. China and India are spearheading the Asian growth spurt. High growth rates are expected in the emerging economies of Latin America like Brazil. Reduced generic medicine prescription in US has brought about a downturn in the North American markets.
Over The Counter (OTC) Drugs Market: Key Players
Key players in the market include GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, GSK Boehringer Ingelheim, Sanofi, Takeda and PGT Healthcare. Other players in the market include GlaxoSmithKline, Johnson and Johnson, Novartis and Sanofi.
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 information, kindly visit, www.marketdataforecast.com.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit Market Data Forecast 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
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
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